Posts Tagged ‘Fort Campbell Federal Credit Union’
Fort Campbell Federal Credit Union: CD Rates and Review
Fort Campbell Federal Credit Union based out of Clarksville, Tennessee has some superb short-term CD (certificate of deposit) rates. Currently, with a minimum deposit of $1,000 you can receive a 90 day or 3 month CD yielding 1.70% APY. To put this offer in perspective, the national average for 6 month CD rates only sits at 0.98% APY. Also, with a minimum deposit of $1,000, Fort Campbell Federal Credit Union is offering it’s members a 6 month CD yielding 1.90% APY.
To invest in any of these NCUA-insured (FDIC equivilent for credit unions) products you must first become a member.
Becoming A Member at Fort Campbell Federal Credit Union:
Membership is available to anyone who lives, works, worships or attends school in Montgomery or Stewart counties in Tennessee or Christian, Trigg or Todd counties in Kentucky.
Since 1954 Fort Campbell Federal Credit Union served the military and their families posted at Fort Campbell. They have since expanded to include offering their financial services to everyone in their local community. Today, the Credit Union has more than 36,000 members worldwide, with over $345 million in assets, offering a complete range of products and services.
CD (Certificate of Deposit) Rates offered by Fort Campbell Federal Credit Union
| Account Type | Term | Min. Opening Dep. | Rate | APY* |
| Share Fixed | 90-180 Days | $1,000 | 1.690% | 1.70% |
| Share Fixed | 6 Months | $1,000 | 1.885% | 1.90% |
| Share Fixed | 12 Months | $1,000 | 2.083% | 2.10% |
| Share Fixed | 18 Months | $1,000 | 2.183% | 2.20% |
| Share Fixed | 24 Months | $1,000 | 2.380% | 2.40% |
| Share Fixed | 30 Months | $1,000 | 2.428% | 2.45% |
| Share Fixed | 36 Months | $1,000 | 2.574% | 2.60% |
| Share Fixed | 48 Months | $1,000 | 2.771% | 2.80% |
| Share Fixed | 60 Months | $1,000 | 3.064% | 3.10% |
Best CD (certificate of deposit) rates in Kentucky: Top 3
Below are the top 3 CD rates available to residents in the state of Kentucky and the institutions which offer them. Some of the banks and credit unions listed below may serve a regional area, therefor you may also want to search through the best CD rates in Indiana, best CD rates in Tennessee and/or CD rates in Ohio to ensure the optimal product and highest yield.
Keep in mind, some of the institutions listed below have strict eligibility requirements (esp. credit unions) so you may want to contact a representative directly to see if you are eligible. However, even if you do not live in Kentucky you may be able to take advantage of the products but it will most likely depend on your living situation (ie where you work, live, worship, attend school, etc).
How did we compile this list? As you are probably aware, higher CD rates tend to accompany longer maturities and since we did not want to strictly list long maturity CD’s we decided to list the deposit rates which beat the national average by the highest margins.
Top 3 CD rates (Kentucky):
(clicking on the institution will bring you to their rates page)
Fort Knox Federal Credit Union: Radcliff, KY. 17 month CD yielding 2.75% APY with a minimum deposit amount of $500. This is a promotional offer and is available for a limited time only. As a rule of thumb, when you receive offers with maturities outside the standard 6 month increments (ie 17 months) it is almost always a promotional offer. These offers may remain on the table for 1 day to 3 months depending on the institution. Like all CD rates they are time-sensitive in nature. Fort Knox Federal CU currently has a few promotional CD rates – a 7 month, 11 month and 17 month CD with yields of 2.50% APY, 2.60% APY and 2.75% APY, respectively.
Fort Campbell Federal Credit Union: Hopkinsville, KY. 24 month CD yielding 2.80% APY with a minimum deposit amount of $1,000. Like Fort Knox Federal CU, this credit union has fairly strict eligibility requirements. To sign up for one of the deposit products you must have a military ID and live or serve near one of their seven locations throughout Kentucky. You may also be eligible if you are a family member of someone who fits that criteria. Fort Campbell is also offering a very noteworthy 12 and 36 month CD which are yielding 2.50% and 3.0% APY respectively.
First Citizens Bank of Carrollton: Carrollton, KY. 36 month CD yielding 3.0% APY with a minimum deposit amount of $1,000. First Citizens Bank of Carrollton has been around since the 1880′s but only has a few ATM and branch locations within the state of Kentucky. Their rates page was last updated in February so I would contact a representative directly to ensure yourself the most up to date rates.
All of the institutions mentioned above are federally insured by either the FDIC or NCUA and your deposits are secure up to $250,000. If you reside in the state of Kentucky and know of a better CD rate offered by your local institution, please share by leaving a comment.
Tennessee certificate of deposit rates. Who offers the best?
Below are the top 3 CD rates available to the residents of Tennessee. After researching dozens of local, community-owned, credit unions and banks we found that many of these local institutions offer rates which beat those offered by larger national banks. However, this is not the case throughout the country. In much of the northeast, local banks and CU’s rates are less competitive than those offered by the national banks.
Because you will always find a higher rate associated with a longer maturity we took the rates that beat the national average by the highest margin. For the state of Tennessee, we found that the best CD rates come in the form of 12 month CDs, 24 month CDs, and 36 month CDs.
The institutions listed below may serve other state as well as Tennessee depending on their individual membership requirements. If you reside in the state and are looking for the highest yielding certificate of deposit rates you may want to search through rates offered by other states in the southeast as well (use our search bar to find individual states). You can then compare CD rates offered by national banks to ensure the best interest rate.
Top 3 CD rates (Tennessee)
(clicking on the institution will bring you to their rates page)
Consumer Credit Union: Morristown, TN. 12 month CD yielding 2.50% APY with a minimum deposit amount of $500. Consumer Credit Union is a not-for-profit member-owned credit union who passes it’s profits on to it’s members in the form of higher savings rates and lower mortgage rates. The average rate for 12 month CDs is currently around 1.75% APY. They also offer a very noteworthy 24 month CD which is yielding 3.0% APY. This rate substantially beats the national average as well. Who can join? Persons who live, work, worship or attend school in and legal entities located in Greene, Hamblen, Jefferson, Claiborne, Cocke and Hancock County, Tennessee.
Fort Campbell Federal Credit Union: Clarksville, TN. 24 month CD yielding 2.80% APY with a minimum deposit amount of $1,000. Like Consumer Credit Union, Fort Campell is a not-for-profit insitution who is owned by it’s members. Membership is available to anyone who lives, works, worships or attends school in Montgomery or Stewart counties in Tennessee or Christian, Trigg or Todd counties in Kentucky.
Eastman Credit Union: Kingsport, TN. 36 month CD yielding 3.10% APY with a minimum deposit amount of $1,000. They will bump this rate up to 3.20% APY with a minimum deposit of $10k. You can join ECU if you live, work, worship, attend school, operate a business in one of the communities listed on their coverage maps, or are employed by one of their sponsor or contractor companies, or are a family member of one of their eligible members.
All of the institutions listed above are federally insured by the NCUA. If you live in Tennessee and know of a better rate offered by your local bank or CU please share by leaving a comment!
