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Is Fort Knox Credit Union Better Deal Than Ally Bank As Far As Early Withdrawl Penalty Is Concern

Anonymous   |     |   2,249 posts since 2010

Is fort knox credit union better deal than ally bank as far as early withdrawl penalty is concern?They have 90 days of interest penalty and if u go go with 5 years with  100k they pay 3.75% Apy. so the penalty comes out about $912. So $3750 - 912 =$2838 which equals to 2.83%. Ally is about for 1 year is 2.58%. Fort knox for 1 months comes to 3.10% and 2 years comes to 3.24% with the balance of 100K