Kemba Credit Union (OH) Offers Competitive 60-Month CD


Availability: Residents of 14 Southwestern Ohio counties, eight Northern Kentucky counties, and two Southeastern Indiana counties; Kroger Plus Card holders in Greater Cincinnati area

Over the weekend, Ohio based Kemba Credit Union (Kemba CU) raised the rate on its 60-month CD (2.50% APY). The minimum opening deposit is $500, with no maximum balance cap.

The 60-month CD is also available as an IRA (Traditional, Roth, and CESA), earning the same APY and with the same funding requirements.

2.50%$500-Kemba Credit Union60 Month CD
2.50%$500-Kemba Credit Union60 Month IRA (Traditional, Roth, CESA)
Accounts mentioned in this post. Rates as of August 19, 2017.

According to a very helpful CSR, the Early Withdrawal Penalty is "a low six months of dividends."

Get Green Checking Account

Kemba Credit Union continues to offer its Get Green Checking Account that earns 2.50% APY on qualifying balances up to $15K, and 0.15% APY on qualifying balances above $15K; non-qualifying balances earn 0.05% APY. The qualification cycle begins on the last day of the month and the qualification requirements are as follows:

  • At least 12 debit card purchases post and settle
  • Be enrolled and receive e-Statement notice
  • Be enrolled and log into online banking
1.50*%-$15kKemba Credit UnionGet Green Checking
OTHER TIERS: 0.15% $15k+
Accounts mentioned in this post. Rates as of August 19, 2017.


The road to membership eligibility in Kemba Credit Union is wide and varied:

Residency - those who live, work, worship or attend school in one of the following Ohio counties: Adams, Brown, Butler, Clark, Clermont, Clinton, Darke, Greene, Hamilton, Highland, Miami, Montgomery, Preble and Warren; or one of the following Kentucky counties: Boone, Campbell, Carroll, Gallatin, Grant, Kenton, Owen, Pendleton; and those who live or work in the Indiana counties of Dearborn or Franklin are eligible.

Kroger Plus Card Holders - Anyone who lives in the Greater Cincinnati area and has a Kroger Plus Card is eligible for membership. (Kroger is a grocery store chain with 2,626 stores in 34 states.)

Company Partners - Employees of the 600+ Company Partners are eligible.

Complete details are available on Kemba CU’s Membership Eligibility page.

Opening an account at Kemba CU can be done in person at any of nine Ohio branches located in Amelia, Blue Ash, Cincinnati (5), Harrison, and West Chester, or at the Bluffton, Indiana and Florence, Kentucky branches.

The application process can also be started online, by filling out a contact form.

Once the form is submitted, your information will be sent to Kemba Credit Union and a representative will contact you as soon as possible.

Credit Union Overview

Kemba Credit Union has an overall health grade of "A+" at, with a Texas ratio of 1.26% (excellent), based on March 31, 2015 data. In the past year, Kemba CU has increased its total deposits by $63.89 Million, an excellent annual growth rate of 12.51%. Please refer to our financial overview of Kemba Credit Union for more details.

Kemba (Kroger Employees Mutual Benefit Association) Cincinnati Credit Union was founded in 1934 to serve the employees of the Kroger factory and packinghouse. By the end of 1939, the assets of the credit union had grown to $110K. Today, with assets of over $700 Million, Kemba CU's membership has grown to over 85,000.

How the CD Compares

When compared to other similar length of term CDs tracked by, requiring a similar minimum deposit and available to Ohio/Indiana/Kentucky residents, Kemba Credit Union’s 60-month CD currently leads the list.

The above rates are accurate as of 6/29/2015.

To search for nationwide CD rates and CD rates in your state, please refer to the CD rates section of

Related Pages: Kemba Credit Union, Fort Wayne, Cincinnati

Kemba Credit Union Offers Higher Rates on 4-Year and 5-Year CDs

In late June 2014, Kemba Credit Union was offering a special 42-month CD with a 2.00% APY. Unfortunately, that CD is no longer available, but Kemba Credit Union has raised its rates on the 4-Year CD (2.10% APY) and the 5-Year CD (2.40%). The required minimum balance to open and earn dividends is $500 and no bonuses apply. These rates are listed at the credit union’s CD page as of 7/29/14.

Kemba Credit Union continues to offer its Get Green Checking Account paying 2.50% APY on balances up to...

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Special 42-Month CD at Kemba Credit Union in the Greater Cincinnati Area

Kemba Credit Union has a special 42-month CD with a 2.00% APY. The minimum balance to open and earn dividends is $2.5K, and no bonuses apply. There is a penalty of up to 6 months dividends for early withdrawal. The special rate is listed at the credit union’s CD page as of 6/25/14. Thanks to DA member Shorebreak for posting on this in the forum.

A 42-month CD is an unique length of term, but when compared to the highest earning nationally available 3-year and 4-year CDs, its rate of return...

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3.85% 6-Year CD at Kemba Credit Union in Ohio - Local Only
Kemba Credit Union has a special 72-month CD with a 3.85% APY. This is listed at the credit union's home page and in its savings rates page as of 12/07/09.

A 6-year term is long when rates are so low, but if you need a long-term CD for a CD ladder, this is one of the best long-term rates available.

Kemba also has a reward checking account that pays 3.50% APY on balances up to $25K as of 12/07/09 (see post). It may seem like this checking account would be a much...

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3.50% Reward Checking Account at Kemba Credit Union in Ohio - Local Only
Kemba Credit Union is offering a high-yield reward checking account called Get Green Checking. It has the following rates and features if certain monthly requirements are met:
  • 3.50% APY on balances up to $25,000
  • 0.25% APY on portion of balance over $25,000
  • 0.15% base rate if requirements are not met
  • ATM fee refunds up to $20 per month
The monthly requirements include:
  • 12 debit card 'credit' purchases
  • 1 direct deposit or automatic payment
  • Access online banking
  • Receive E-statements
Additional features of the account regardless of the monthly requirements include:
  • No minimum opening balance
  • No minimum balance requirement
  • No monthly service charge
  • One Get Green...

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4.50% 12-Month Jumbo CD at Kemba Credit Union in Ohio
Kemba Credit Union has a competitive rate on its 12-month certificate. The yield is 4.25% APY for a minimum deposit of $500. Jumbo certificates receive an extra 25 basis points. This results in a yield of 4.50% APY. The minimum deposit for a Jumbo is $100,000. These are available for both IRA and share certificates.

My last report on this credit union was in August when it was offering a special 4.25% 9-month CD.

Membership is open to those who live, work, worship or attend school in any of the following Ohio...

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