Average User Rating:
4 star rating based on 1 review.

University Of Kentucky Credit Union

University Of Kentucky Credit Union Locations

2557 Sir Barton Way
Lexington, KY 40509
www.ukfcu.org

OverView
Rates
Health
Reviews

University Of Kentucky Credit Union is headquartered in LEXINGTON and is the 5^th largest credit union in the state of Kentucky. It is also the 464^th largest credit union in the nation. It was established in 1937 and as of December of 2011, it had grown to 121 employees and 47,794 members. University Of Kentucky Credit Union has a 5-star health rating.

Report an Issue

See Rates for: Savings | Money Market | CD | IRA

University Of Kentucky Credit Union Savings Account Rates

Apy	Min	Max	Product
0.20%	$100	-	Senior Share Saving Account
0.20%	-	-	IRA Account
0.20%	-	-	Roth IRA Account
0.15%	$100	-	Prime Share Saving Account
0.15%	-	-	Club Account

University Of Kentucky Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.30%	$50k	-	Money Market Account

University Of Kentucky Credit Union CD Rates

Apy	Min	Max	Product
1.75%	$90k	-	5 Year Jumbo CD
1.70%	$1k	-	5 Year CD
1.55%	$90k	-	4 Year Jumbo CD
1.50%	$1k	-	4 Year CD
1.30%	$90k	-	3 Year Jumbo CD
1.25%	$1k	-	3 Year CD
1.05%	$90k	-	2 Year Jumbo CD
1.00%	$1k	-	2 Year CD
0.90%	$1k	-	2 Year Step CD
0.70%	$90k	-	18 Month Jumbo CD
0.65%	$1k	-	18 Month CD
0.65%	$90k	-	1 Year Jumbo CD
0.60%	$1k	-	1 Year CD
0.30%	$1k	-	6 Month CD
0.20%	$1k	-	3 Month CD

University Of Kentucky Credit Union IRA Rates

Apy	Min	Max	Product
1.70%	$1k	-	5 Year IRA
1.50%	$1k	-	4 Year IRA
1.25%	$1k	-	3 Year IRA
1.00%	$1k	-	2 Year IRA
0.65%	$1k	-	18 Month IRA
0.60%	$1k	-	1 Year IRA

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

UNIVERSITY OF KENTUCKY
NCUA #	24165
BankRate Report	View
Year Chartered	1937
Employees	121
Primary Regulator
Assets and Liabilities
Assets	$422.18 million
Loans	$349.43 million
Deposits	$370.23 million
Equity Capital	$41.75 million
Loan Loss Allowance	$4.31 million
Unbacked Noncurrent Loans	$1.73 million
Real Estate Owned	$147,000
Historic Data - December 2010
Assets	$379.18 million
Equity Capital	$37.58 million
Loan Loss Allowance	$2.63 million
Unbacked Noncurrent Loans	$2.10 million
Real Estate Owned	$97,000
Profit Margin - Quarterly
Net Interest Margin	4.95%
Return on Assets	1.03%
Return on Equity	10.45%
Interest Income	$21.14 million
Non-Interest Income	$8.44 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 University Of Kentucky Credit Union had $1.87 million in non-current loans and owned real-estate with $46.07 million in equity and loan loss allowances on hand to cover it. This gives University Of Kentucky Credit Union a Texas Ratio of 4.06% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for University Of Kentucky Credit Union decreased slightly from 5.45% as of December 31, 2010 to 4.06% as of December 31, 2011, resulting in a positive change of 25.50%.This indicates that the balance sheet and financial strength for University Of Kentucky Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, University Of Kentucky Credit Union has increased its total deposits by $38.72 million, resulting in 11.68% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth University Of Kentucky Credit Union has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. University Of Kentucky Credit Union has $422.18 million in assets with $46.07 million in equity, resulting in a capitalization level of 10.91%, which is above average.

UK Credit Union
4 stars

- hfkinney - Sunday, March 6, 2011 - 3:34 PM

I have been very pleased with my banking experience here. I always have a positive experience when dealing with employees. They have good rates and managing my checking and savings account are very easy. They also have a really helpful online site where I can manage my accounts with ease. There is a restriction on how many online transfers you can do per month though, so as long as that is kept in mind, it is a very useful tool. The only thing that would improve this bank would be more locations so it would be easier to access when you did need to go to the bank and it wouldn't be so out of the way.