Dedicated to Deposits: Deals, Data, and Discussion

6.15% 7-Month CD at a Kentucky CU Continues (Fort Knox).


Fort Knox Federal Credit Union is still offering a 6.15% APY 7-month certificate of deposit. There is a maximum deposit limit of $50K per individual. To qualify for this special rate, members must have an existing direct deposit of $200 or more recurring monthly or must agree to establish a direct deposit of $200 or more recurring monthly. This is the same special that I first reported back in August.

The credit union also has a special 5.65% APY CD with terms of 8 to 11 months and a 5.25% CD with terms of 13 to 17 months. These do not have the direct deposit requirement nor the $50K limit.

Field of membership includes those who live, work or worship in one of the following Kentucky counties: Boyle, Breckinridge, Grayson, Hart, Larue, Meade and Nelson. There's also a large list of select employer groups. Relatives on any person who can be a member may also join. There's a $5 membership fee, and a minimum $5 deposit into a share savings account is required.

The credit union has 10 branches across Kentucky. It's federally insured by the NCUA. It has $528.8 million in assets and 71,539 members.

[Update 2/24/07: The 6.15% special is no longer being offered.]

  Tags: Kentucky, CD rates

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