Kemba Credit Union is headquartered in West Chester and is the 5th largest credit union in the state of Ohio. It is also the 277th largest credit union in the nation. It was established in 1934 and as of September of 2024, it had grown to 270 employees and 130,030 members at 14 locations. Kemba Credit Union has an A health rating.
Membership in KEMBA Credit Union is open to the following: (1) individuals who in the greater Cincinnati area, northern Kentucky, or southeast Indiana who have a Kroger Plus card; (2) those who live, work, attend school or worship in Adams, Brown, Butler, Clark, Clermont, Clinton, Darke, Fayette, Greene, Hamilton, Highland, Miami, Montgomery, Preble, or Warren Counties in Ohio; (3) those who live, work, attend school or worship in Boone, Campbell, Carroll, Gallatin, Grant, Kenton, Owen, or Pendleton Counties in Kentucky; (4) those who live or work in Franklin or Dearborn Counties in Indiana; (5) employees of over 200 area Select Employer Groups.
See current membership details
Kemba forces you to open and deposit $5 into a savings account even when you only want a checking account. Then when you close the checking account, they will tell you it's better to leave the unused savings account open so you stay in their system. They do not tell you that they will close your savings account if you don't use it and take the $5 they made you put in it! What a ripoff!!!
Overall | |
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NCUA # | 61810 |
Year Chartered | 1934 |
Employees | 270 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.71% |
Return on Equity - YTD | 6.78% |
Annual Interest Income | $61.1MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $1.73B$1.6B |
Loans | Q3 2024vs Q3 2023 | $1.43B$1.4B |
Deposits | Q3 2024vs Q3 2023 | $1.38B$1.27B |
Equity Capital | Q3 2024vs Q3 2023 | $181.2MM$169.9MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $6.4MM$6.2MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $6.8MM$3.2MM |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
Rates for Kemba Credit Union are currently being reviewed.