Fort Knox Federal Credit Union of Kentucky (KY) recently raised the rates on their Pick-A-Term certificate of deposit to 5.65% APY from 5.50% APY. The available terms are: 7 to 11 months as well as 13 to 17 months. The minimum deposit on the CD is $500.

Field of membership includes those who live, work or worship in the following Kentucky counties: Boyle, Breckinridge, Grayson, Hart, Larue, Meade and Nelson. Families of members are also eligible for application. A $5 membership fee and a minimum $5 deposit into a share savings account is required.

The credit union currently has several branches across Kentucky. Fort Knox Federal Credit Union is federally insured by the NCUA.