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The Fed will probably begin raising interest rates in March, but rates paid to depositors are likely to rise at a slower pace. Here are some of your options.
CLOVIS The Pentagon Federal Credit Union, generally known as PenFed, will close its Clovis branch on Friday.
The Clovis location had been operating as drive-through only due to the pandemic, and will continue to do so until Friday. Those who have accounts with PenFed will still have access to them online and at local ATM locations after the closure.
No official statement of closure had been issued on the PenFed website or on the branch’s Facebook page. The only indication of closure previously was on the PenFed location search webpage. A tab for the Llano Estacado location included the line, “Permanently closing on Jan. 1.”