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Commonwealth Credit Union (KY)


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Overview / Commentary
www.ccuky.org
502-564-4775
417 High St
Frankfort, KY 40601

Commonwealth Credit Union (KY) is headquartered in Frankfort and is the largest credit union in the state of Kentucky. It is also the 201st largest credit union in the nation. It was established in 1951 and as of September of 2024, it had grown to 359 employees and 126,279 members at 17 locations. Commonwealth Credit Union (KY)'s money market rates are 6X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Commonwealth Credit Union is open to those who live, work, volunteer, worship, or attend school in the Kentucky counties of Anderson, Bourbon, Boyle, Bullitt, Clark, Estill, Fayette, Franklin, Garrard, Harrison, Henry, Jefferson, Jessamine, Lincoln, Madison, Mercer, Nicholas, Oldham, Owen, Powell, Scott, Shelby, Spencer, Trimble, or Woodford. Immediate family members of anyone eligible to join also qualify for membership.
See current membership details

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Reviews (2)

Kentucky Residents Only !!!

Posted by: |

Don't waste time applying IF you are not a Kentucky resident- You will be denied. This should be noted on their web site. This is becoming very common among small CUs and small banks. They want to sell you something - debt servitude, otherwise they're not interested in your account.

4

Misleading

Posted by: |

BEWARE!!!!
The rates shown are VERY misleading!!!
Better call to get explanation of rates and maximun amount before proceeding!!

4


Health
A

Data as of Q3 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #61437
Year Chartered1951
Employees359
Primary Regulator
Profit Margin
Return on Assets - YTD1.46%
Return on Equity - YTD14.04%
Annual Interest Income$88.4MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$2.38B$2.16B
LoansQ3 2024vs Q3 2023$1.78B$1.58B
DepositsQ3 2024vs Q3 2023$2.03B$1.87B
Equity CapitalQ3 2024vs Q3 2023$241.4MM$188MM
Loan Loss AllowanceQ3 2024vs Q3 2023$21.9MM$18.4MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$11.5MM$7MM
Real Estate OwnedQ3 2024vs Q3 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$0-Round Up Savings
0.50%$0-Personal Goal Account
0.20%$0-IRA Savings
0.15%$0-Christmas Savings
0.15%$0-Vacation Club Account
0.15%$0-Regular Savings Account
0.15%$0-Minor Saving

Commonwealth Credit Union (KY) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%*$100k*-Money Market Account
OTHER TIERS: 1.80% → $2.5k - $10k | 1.95% → $10k - $25k | 2.10% → $25k - $50k | 2.25% → $50k - $100k
2.50%*$100k*-Business Money Market Account
OTHER TIERS: 1.80% → $2.5k - $10k | 1.95% → $10k - $25k | 2.10% → $25k - $50k | 2.25% → $50k - $100k

Commonwealth Credit Union (KY) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*$100k*-Power Checking w/ Qualifications Plus an Open Loan
OTHER TIERS: 2.30% → $0 - $10k | 2.45% → $10k - $25k | 2.60% → $25k - $50k | 2.75% → $50k - $100k
2.75%*$100k*-Power Checking w/ Qualifications Plus 20 Debit Card Transactions
OTHER TIERS: 2.05% → $0 - $10k | 2.20% → $10k - $25k | 2.35% → $25k - $50k | 2.50% → $50k - $100k
2.50%*$100k*-Power Checking w/ eStatements
OTHER TIERS: 1.80% → $0 - $10k | 1.95% → $10k - $25k | 2.10% → $25k - $50k | 2.25% → $50k - $100k
0.85%*$100k*-Power Checking
OTHER TIERS: 0.15% → $0 - $10k | 0.30% → $10k - $25k | 0.45% → $25k - $50k | 0.60% → $50k - $100k
0.10%$0-CommonWEALTH Checking Account
0.10%$5k-Business Commonwealth Account

Commonwealth Credit Union (KY) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$5-24 Month Wealth Development Certificate
5.00%$5-48 Month Wealth Development Certificate
4.75%$500-6 Month CD Special - New Money
4.75%$75k-6 Month Jumbo CD Special
4.50%$1k-6 Month CD
4.50%$75k-12 Month Jumbo CD Special
3.75%$1k-60 Month CD
3.50%$1k-48 Month CD
3.35%$1k-24 Month CD
3.35%$1k-36 Month CD
3.25%$1k-18 Month CD
3.10%$1k-12 Month CD

Commonwealth Credit Union (KY) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.75%$500-6 Month IRA Special - New Money
4.75%$75k-6 Month Jumbo IRA Special
4.50%$1k-6 Month IRA
4.50%$75k-12 Month Jumbo IRA Special
3.75%$1k-60 Month IRA
3.50%$1k-48 Month IRA
3.35%$1k-24 Month IRA
3.35%$1k-36 Month IRA
3.25%$1k-18 Month IRA
3.10%$1k-12 Month IRA
Locations

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