6.00% 7-Month CD at a Kentucky CU (Fort Knox)

Fort Knox FCU just recently enhanced its Pick-A-Term CD promotion with a special 6% APY 7-month certificate. The minimum deposit is $500. Besides this change, the Pick-A-Term CD's remain the same as I reported last week with a 5.65% APY for terms from 8 to 11 months and from 13 to 17 months.

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 of 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 (Charter # 7000). It has $566.0 million in assets and 68,625 members.

Thanks to the reader who emailed me info on this new CD.

Tags: Fort Knox Federal Credit Union, Kentucky, CD rates