5.50% 7-Month / 5.50% 17-Month CD at a Kentucky CU (Fort Knox)

Fort Knox FCU is offering a special pick-a-term certificate of deposit with a yield of 5.50% APY. The available terms are from 7 to 11 months and from 13 to 17 months.

This credit union has offered many CD specials in the last year. Last month I had reported on its 6.15% 7-month CD special. Unfortunately, this one has ended.

The credit union's field of membership includes those who live, work or worship in 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 currently has several branches across Kentucky. It is federally insured by the NCUA.

Tags: Kentucky, CD rates