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Lockicious/Splotto/everyone,

I wonder what about the 5 year CDs offered by Pentagon Federal Credit Union ( www.penfed.org ) , at APR of 4.88%, but I believe it is not FDIC insured. Is this a cause for worry.

I haven't invested any money in CDs yet, but wondering what your views are on this particular offer. For good/bad my money is sitting in ING direct earning 2%

tia...
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