KEMBA Financial Credit Union


Overview / Commentary
614-235-2395
555 Officenter Place
Gahanna, OH 43230

KEMBA Financial Credit Union is headquartered in Gahanna and is the 3rd largest credit union in the state of Ohio. It is also the 224th largest credit union in the nation. It was established in 1933 and as of December of 2023, it had grown to 304 employees and 129,309 members at 12 locations. KEMBA Financial Credit Union's money market rates are 10X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in KEMBA Financial Credit Union is open to those who live, work, worship, or attend school, in the Ohio counties of Delaware, Fairfield, Franklin, Licking, Logan, Madison, or Union, or the Ohio township of Sylvania.
See current membership details

Kemba is the most effortless banking choice!

Posted by: |

I had a checking account with Kemba years ago when I was in high school and loved it. Since I got a job at JP Morgan Chase, I closed the account and opened one up with them as an employee checking account plus. It was ok for the first year or so, but after a while I noticed a lot of hidden fees that were not mentioned to me in the beginning and one time I even got a call from a representative asking me about my finances and where I was spending my money!! I was shocked that my own institution would treat me like that!! Needless to say, I immediately transferred all of my funds to Kemba and even opened my very first checking account. I have been so incredibly happy with the personal feel the employees present. They really do feel like family and offer incredible services, especially to first timers. The gentleman that I've always worked with is so friendly and always makes sure to ask how my family is doing! I feel so special working with them and will definitely be a long term customer! Highly recommend!!!

Kemba is nice

Posted by: |

I have been a member at Kemba credit union for many years. When I got my first real job as a teenager my mom set me up with her credit union (Kemba) and I obtained my first ever checking account. I have been a loyal customer ever since. I love the personal relationship I've developed with my local branch and how the employees know me by name. I really enjoy the service I get from the staff and I am just as happy with the great rates and financial products they offer me as well.

Fees On Fees

Posted by: |

I wish I had better things to say about Kemba Financial. We have 2 checking, 1 savings and 2 car loans with this institution. Kemba is not at all competitive when it comes to fees charged. We have had several, um, "miscommunications" as they called it, with the way our accounts are set up for Overdraft Protection, as we have 1 checking specifically for bills. First, they charge me $5 any time money is automatically transferred, something that Chase, Huntington, etc do not do (why are you charging me $5 to move my own money to my own account?). Second, they charge you an overdraft fee the same time your account goes negative - there is no grace period, not even an hour. I logged in around 9 am and noticed that a bill came out a day early, even though I had the funds in my other account, they charged us $35 and told us that there is no grace period. Again, something that Chase, Huntington, etc offer. The customer service leaves much to be desired and we will be changing banks asap! We don't want to do business with a company who does not value the time and money of their customers.

Kemba Treats Customers Like Trash

Walter Mollette is the rudest person I have ever dealt with. He does not represent Kemba in a positive way. Is this how you treat your customers? I would never do business with Kemba again nor would I recommend it to my worst enemy. 1 star is far too generous.

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Health

Health Grade Components

Overall
NCUA #61623
Year Chartered1933
Employees304
Primary Regulator
Profit Margin
Return on Assets - YTD0.94%
Return on Equity - YTD8.33%
Annual Interest Income$104MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$2.13B$1.97B
LoansQ4 2023vs Q4 2022$1.6B$1.49B
DepositsQ4 2023vs Q4 2022$1.73B$1.67B
Equity CapitalQ4 2023vs Q4 2022$236.4MM$216.4MM
Loan Loss AllowanceQ4 2023vs Q4 2022$12.5MM$5MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$8.6MM$3MM
Real Estate OwnedQ4 2023vs Q4 2022$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not KEMBA Financial Credit Union; 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.

KEMBA Financial Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%*$10k*-KEMBA Advantage Health Savings Account
OTHER TIERS: 0.55% Up to $10k
0.60%*$10k*-Health Savings Account
OTHER TIERS: 0.35% Up to $10k
0.25%$1-KEMBA Advantage Coverdell ESA Account
0.25%$1-KEMBA Advantage IRA Savings
0.20%--KEMBA Advantage Christmas Club
0.15%$1-IRA Savings
0.15%$1-Coverdell ESA Account
0.15%$5-KEMBA Advantage Share Savings
0.15%$5-KEMBA Advantage Business Savings
0.10%--Christmas Club
0.05%$5-Share Savings
0.05%$5-Business Savings

KEMBA Financial Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.75%*-$600kKEMBA Advantage Money Market Account - Intro Rate - New Money
OTHER TIERS: 3.05% $600k+
4.75%*-$600kBusiness KEMBA Advantage Money Market Account - Intro Rate - New Money
OTHER TIERS: 3.05% $600k+
4.25%*-$600kMoney Market Account - Intro Rate - New Money
OTHER TIERS: 2.55% $600k+
4.25%*-$600kBusiness Money Market Account - Intro Rate - New Money
OTHER TIERS: 2.55% $600k+
3.05%*$100k*-KEMBA Advantage Money Market Account
OTHER TIERS: 2.40% $1k - $25k | 2.55% $25k - $100k
3.05%*$100k*-KEMBA Advantage Business Money Market
OTHER TIERS: 2.40% $1k - $25k | 2.55% $25k - $100k
2.55%*$100k*-Money Market Account
OTHER TIERS: 1.90% $1k - $25k | 2.05% $25k - $100k
2.55%*$100k*-Business Money Market
OTHER TIERS: 1.90% $1k - $25k | 2.05% $25k - $100k

KEMBA Financial Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$100k*-KEMBA Advantage High Performance Checking
OTHER TIERS: 0.15% Up to $10k | 0.20% $10k - $100k
0.15%*$100k*-High Performance Checking
OTHER TIERS: 0.05% Up to $100k
0.15%$5k-KEMBA Advantage Business Smart Checking
0.05%$5k-Business Smart Checking

KEMBA Financial Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.25%$5k$1m11 Month Share Certificate Special
5.00%$500-6 Month KEMBA Advantage Share Certificate
5.00%$500-12 Month KEMBA Advantage Share Certificate
4.50%$500-6 Month Share Certificate
4.50%$500-12 Month Share Certificate
4.45%$500-24 Month KEMBA Advantage Share Certificate
4.30%$500-36 Month KEMBA Advantage Share Certificate
4.30%$500-24 Month KEMBA Advantage Bump Up Share Certificate
4.20%$500-48 Month KEMBA Advantage Share Certificate
4.20%$500-60 Month KEMBA Advantage Share Certificate
4.20%$500-84 Month KEMBA Advantage Share Certificate
4.00%$500-3 Month KEMBA Advantage Share Certificate
3.95%$500-24 Month Share Certificate
3.80%$500-36 Month Share Certificate
3.80%$500-24 Month Share Bump Up Certificate
3.70%$500-48 Month Share Certificate
3.70%$500-60 Month Share Certificate
3.70%$500-84 Month Share Certificate
3.50%$500-3 Month Share Certificate

KEMBA Financial Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$250-6 Month KEMBA Advantage IRA Certificate
5.00%$250-12 Month KEMBA Advantage IRA Certificate
4.50%$250-6 Month IRA Certificate
4.50%$250-12 Month IRA Certificate
4.45%$250-24 Month KEMBA Advantage IRA Certificate
4.30%$250-36 Month KEMBA Advantage IRA Certificate
4.30%$250-24 Month IRA KEMBA Advantage Bump Up Share
4.20%$250-48 Month KEMBA Advantage IRA Certificate
4.20%$250-60 Month KEMBA Advantage IRA Certificate
4.20%$250-84 Month KEMBA Advantage IRA Certificate
4.00%$250-3 Month KEMBA Advantage IRA Certificate
3.95%$250-24 Month IRA Certificate
3.80%$250-36 Month IRA Certificate
3.80%$250-24 Month IRA Bump Up Share
3.70%$250-48 Month IRA Certificate
3.70%$250-60 Month IRA Certificate
3.70%$250-84 Month IRA Certificate
3.50%$250-3 Month IRA Certificate
Locations

Availability



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