5.00% 7-Month CD at a Kentucky Credit Union (Fort Knox)

Update 9/25/08: This 5% CD special has ended. Please check the credit union's website for the latest specials and rates.

Fort Knox Federal Credit Union is offering a special 5.00% APY 7-month certificate of deposit. The minimum deposit is $500, and there's no maximum deposit. Interest is paid quarterly.

The credit union has a history of competitive CD specials. My last report was on October 2007 when it was offering a 5.65% 7-month CD.

Field of membership includes those who live, work or worship in any 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.

Branches are located in several cities in Kentucky. It is federally insured by the NCUA (Charter # 7000).

Thanks to the reader who emailed me news of this CD.

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