Class Act Federal Credit Union

Overview / Commentary
3620 Fern Valley Rd
Louisville, KY 40219

Class Act Federal Credit Union is headquartered in Louisville and is the 11th largest credit union in the state of Kentucky. It is also the 1,004th largest credit union in the nation. It was established in 1954 and as of March of 2024, it had grown to 69 employees and 21,305 members at 6 locations. Class Act Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership in Class Act Federal Credit Union is open to the following: (1) employees and retirees of Jefferson County Public Schools, Shelby County Public Schools, National College, Bullitt County Public Schools, Embry-Riddle Aeronautical University, Nelson County Public Schools, and Brown Mackie College; (2) students of University of Louisville, Brown Mackie College, Daymar College, Jefferson County Public Schools, National College, and Sullivan University; (3) alumni of University of Louisville.
See current membership details

Reviews (3)

I Love Class Act FCU

Posted by: |

My credit  union has been a real blessing to me and has saved me a lot of money over the years.  I always shop around for loan rates when buying a car or whatever and Class Act has almost always had the very best rates.  Their Honors Checking account is stupid good.  I don't know how they can do it but I get paid 4.0% on my checking account balance and they refund my ATM fees regardless of which bank ATM I use (up to $25 per month).  They don't have as many branches as a major bank but they and other credit unions cooperate with shared branches which are everywhere so convenience really hasn't been an issue.  The bottom line is I save on loans and get paid on my checking.  I couldn't be happier. 

Just Say No

Posted by: |

The manager at this credit union has no customer service skills. He is not knowledgeable about basic paperwork. Throughout the conversation manager continued to talk down to me. I asked to speak with someone else twice and he refused both times. He simply said "I am the manager." Class Act Credit Union has no class. Find another credit union that will listen and understand. This credit union does not.

1St Time Home Buyer

Posted by: |

I have been a customer of Class Act for over 5 years and have been happy with the checking and savings services and products they offer. However, when my husband and I went in to talk to someone about the different options available for mortgages, it became very clear that we would be looking elsewhere for financing. The loan officer was not familiar with the various programs listed on the company web site. When asked questions, this person would say things like "I'm pretty sure". I immediately called another institution and spoke with a loan officer who was able to answer all of my questions, right away and with complete confidence in their voice. And what's more, the answers were contradictory to that of Class Act's loan officer who was "pretty sure". Needless to say, Class Act will not be getting our mortgage business!


Health Grade Components

NCUA #9106
Year Chartered1954
Primary Regulator
Profit Margin
Return on Assets - YTD0.6%
Return on Equity - YTD6.23%
Annual Interest Income$3.5MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$312.5MM$307.3MM
LoansQ1 2024vs Q1 2023$210.2MM$193.3MM
DepositsQ1 2024vs Q1 2023$279.3MM$277.8MM
Equity CapitalQ1 2024vs Q1 2023$29.6MM$26.7MM
Loan Loss AllowanceQ1 2024vs Q1 2023$1.7MM$1.6MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$675K$928K
Real Estate OwnedQ1 2024vs Q1 2023$0$0

Rates for Class Act Federal Credit Union are currently being reviewed.


Class Act Federal Credit Union Locations
Branch Office7601 Saint Andrews Church RdLouisville, KY 40214-4017
Branch Office331 W Cardinal BlvdLouisville, KY 40208-1822
Branch Office3620 Fern Valley RdLouisville, KY 40219-1917
Branch Office8620 Preston HwyLouisville, KY 40219-5306
Branch Office9600 Old Six Mile LnLouisville, KY 40299-3255
Branch Office3711 Diann Marie RdLouisville, KY 40241

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.