Overview / Commentary
K I T Federal Credit Union is headquartered in Louisville and is the 39th largest credit union in the state of Kentucky. It is also the 3,157th largest credit union in the nation. It was established in 1965 and as of March of 2025, it had grown to 4 employees and 1,844 members at 1 location. K I T Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to employees of AC Brake Company, Auto Alternative, ACME Auto Electric, Auto Body Panels, Auto Tech Services, and over 20 area Select Employer Groups.
See current membership details
Health
B
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. K I T Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 16947 |
| Year Chartered | 1965 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.95% |
| Return on Equity - YTD | 17.76% |
| Annual Interest Income | $322K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $21.8MM$20.7MM |
| Loans | Q1 2025vs Q1 2024 | $13.8MM$13.1MM |
| Deposits | Q1 2025vs Q1 2024 | $19.3MM$18.5MM |
| Equity Capital | Q1 2025vs Q1 2024 | $2.3MM$2.1MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $87K$74K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $96K$36K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |