Fort Knox Credit Union still offering the best CD rates

Fort Knox Credit Union that was known for offering excellent rates on certificate deposits till a few months ago lowered the rates slightly. However, despite the rates for certificate deposit being lowered, they are still the best as compared to what is being offered by the banks and other financial institutions in the market today. Irrespective of which part of the United States you live in, you can cash in on the excellent rates being offered by this federal credit union.

There is a $15 membership fee that you will have to pay when you opt for a CD from this credit union. Despite this charge, the Fort Knox Credit Union is a favorite among people who like to save their money for a rainy day and also see it grow. Let us take a quick look at the certificate deposit rates being offered by this credit union as compared to the average rates across the country.

• The interest rate for a 3 month certificate deposit hovers between 1.4% APY and 0.85% APY as compared to the national average of 0.23% APY.
• The interest rate for a 6 month certificate deposit hovers between 1% APY and 1.40% APY as compared to the national average of 0.34% APY.
• The interest rate for one year CDs is around in the range of 1.10%APY and 1.60% APY as compared to the national average of 0.60% APY.
• The interest rate for two year CDs is around in the range of 1.50%APY and 2% APY as compared to the national average of 0.89% APY.
• The interest rate for three year CDs is around in the range of 2.20%APY and 2.40% APY as compared to the national average of 1.16% APY.
• The interest rate for one year CDs is around in the range of 2.75%APY and 3% APY as compared to the national average of 1.71% APY.