Commonwealth Credit Union (KY)
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.00% | 5-year CD | 60 Month CD 1.85% - Synchrony Bank 60 Month CD |
| 0.55% | 1-year CD | 12 Month CD 1.05% - Ally Bank High Yield 12-Month CD |
| 0.10% | Savings | Regular Savings Account 1.00% - Ally Bank Online Savings Account |
Commonwealth Credit Union (KY) is headquartered in Frankfort and is the 2nd largest credit union in the state of Kentucky. It is also the 242nd largest credit union in the nation. It was established in 1951 and as of June of 2016, it had grown to 252 employees and 89,222 members at 10 locations. Commonwealth Credit Union (KY)'s money market rates are 25% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Commonwealth CU of Kentucky is open to the employees, or the family members of, the educational field in Kentucky, one of the site listed Retirement Systems of Kentucky, County Employees or the State Police Retirement Systems of Kentucky, or the Kentucky Teachers Retirement System.
See current membership details
good little credit union
For the short period of time that I have been with Commonwealth credit union I have felt more like a person that everyone knows when walking through the doors unlike going to a bank where you are just another individual. the Bank gives decent apr's at least better than a bank which I consider to be terrible nowadays compared to what they used to be about 10 years ago. Commonwealth is very helpful with autoloans and has reasonable fees.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 61437 |
| Year Chartered | 1951 |
| Employees | 252 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.61% |
| Return on Equity - YTD | 3.84% |
| Annual Interest Income | $21.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $1.08B$1.01B |
| Loans | Q2 2016vs Q2 2015 | $742.2MM$693.7MM |
| Deposits | Q2 2016vs Q2 2015 | $871.8MM$816.4MM |
| Equity Capital | Q2 2016vs Q2 2015 | $169.9MM$193.7MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $6.3MM$6.4MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $6.1MM$4.7MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $200.00K$547.00K |
Always verify rates and promotions with the bank or credit union. We are not Commonwealth Credit Union (KY); we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Commonwealth Credit Union (KY) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 5.00% | - | - | Round Up Savings | |
| 0.20% | - | - | IRA Savings | |
| 0.20% | - | - | Roth IRA Savings | |
| 0.10% | - | - | Christmas Savings | |
| 0.10% | - | - | Vacation Club Account | |
| 0.10% | - | - | Regular Savings Account |
Commonwealth Credit Union (KY) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.55%* | $100k* | - | Money Market Account | ||
| OTHER TIERS: 0.15% → $2,500 - $10k | 0.35% → $10k - $25k | 0.45% → $25k - $50k | 0.50% → $50k - $100k | |||||
Commonwealth Credit Union (KY) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | - | - | CommonWEALTH Checking Account |
Commonwealth Credit Union (KY) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.00% | $1k | - | 60 Month CD | |
| 1.75% | $1k | - | 48 Month CD | |
| 1.50% | $250 | - | Grow with Me Certificate | |
| 1.30% | $1k | - | 36 Month CD | |
| 0.95% | $1k | - | 24 Month CD | |
| 0.70% | $1k | - | 18 Month CD | |
| 0.55% | $1k | - | 12 Month CD | |
| 0.35% | $1k | - | 6 Month CD |
Commonwealth Credit Union (KY) IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.00% | $1k | - | 60 Month IRA | |
| 1.75% | $1k | - | 48 Month IRA | |
| 1.30% | $1k | - | 36 Month IRA | |
| 0.95% | $1k | - | 24 Month IRA | |
| 0.70% | $1k | - | 18 Month IRA | |
| 0.55% | $1k | - | 12 Month IRA | |
| 0.35% | $1k | - | 6 Month IRA |
| Commonwealth Credit Union (KY) Locations | ||
|---|---|---|
| Branch Office | 101 Sower Blvd | Frankfort, KY 40601 |
| Branch Office | 280 Meijer Way | Lexington, KY 40503 |
| Branch Office | 417 High St | Frankfort, KY 40601 |
| Branch Office | 1425 Louisville Rd | Frankfort, KY 40601 |
| Branch Office | 1015 Crossroad Dr | Lawrenceburg, KY 40342 |
| Branch Office | 108 Lawson Dr | Georgetown, KY 40324 |
| Branch Office | 2540 Sir Barton Way | Lexington, KY 40509 |
| Branch Office | 3704 Frankfort Ave | Louisville, KY 40207 |
| Branch Office | 600 Boone Station Rd | Shelbyville, KY 40065 |
| Branch Office | 2126 S Floyd St | Louisville, KY 40208 |