Fort Knox FCU Cuts the Top Rate of Its Money Market Account

Fort Knox Federal Credit Union reduced the top rate on its Money Market Share Account from 1.85% APY to 1.60% APY for balances over $50K. However, the rate for balances of $10K to $50K went up from 1.35% APY to 1.45% APY. Rates for the lower tiers remain the same: 1% APY up to $5K and 1.25% APY $5K to $10K.

Please refer to my Fort Knox FCU review for more details about the credit union.

Hat tip to O-Qua Tangin Wann who mentioned this rate change in the Open Discussions Thread.