bank rates

Earn 2.25% With This 23-Month CD Special

The Fort Knox Federal Credit Union is offering a special 23-month CD rate that’s available to savers everywhere.

U.S. Bullion RepositoryIt’s paying 2.25% APY with a $500 minimum deposit, which is a quarter-point more than you’ll earn from the best nationally available 24-month certificates of deposit.

The credit union is headquartered in Radcliff, Ky., which is where the famous Army base and the United States Bullion Depository are located.

But anyone can qualify for membership by joining the American Consumer Council, a non-profit that promotes financial literacy through credit unions.

From the credit union’s home page, just click on “Become a member.” Then look for the line that says “Not a credit union member? Click here to get started.”

Where the next page says “I’m eligible for membership through” use the pull-down menu to click on “AMERICAN CONSUMER COUNCIL/KENTUCKY CHAPTER.”

When you complete the application, Fort Knox will automatically enroll you in the consumer advocacy group.

You’ll also be able to buy the certificate of deposit as part of the application process.

Joining the American Consumer Council is free. Joining the credit union costs $15.

Compare this return with the best CD rates from scores of other banks in our extensive database.

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Comments (2)
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2 Existing Comments
  1. RateRunner said:
    on July 20th at 11:23 am

    The rate on this special has actually been raised to 2.30% APY. Don’t see that too often these days.

  2. DealMaven said:
    on July 28th at 12:25 pm

    This rate is no longer nationally available. You must either reside in Kentucky, Indiana or Tennessee have been a credit union member prior to November 1, 2009.