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.