Kennedy VA Employees Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

kennedyvaefcu.org

901-523-8990 ext. 5607

1030 Jefferson Ave
Memphis, TN 38104

Kennedy VA Employees Federal Credit Union is headquartered in Memphis and is the 86^th largest credit union in the state of Tennessee. It is also the 2,998^th largest credit union in the nation. It was established in 1948 and as of March of 2025, it had grown to 7 employees and 3,283 members at 1 location. Kennedy VA Employees Federal Credit Union's CD rates are 11% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership to Kennedy VA Employees Federal Credit Union is open to employees of the Memphis Kennedy Veterans Administration Medical Center and their children, spouses, siblings and parents.
See current membership details

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Health

B+

Data as of Q1 2025

Learn why bank health matters

Additional 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. Kennedy VA Employees Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	5811
Year Chartered	1948
Employees	7
Primary Regulator

Profit Margin
Return on Assets - YTD	-1.69%
Return on Equity - YTD	-11.65%
Annual Interest Income	$319K

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$26.7MM$26.1MM
Loans	Q1 2025vs Q1 2024	$11MM$13.6MM
Deposits	Q1 2025vs Q1 2024	$22.8MM$22.2MM
Equity Capital	Q1 2025vs Q1 2024	$3.8MM$3.9MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$133K$79K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$138K$47K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Kennedy VA Employees Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.02%	$200	-	Share Savings Account
0.00%	$200	-	Christmas Club
0.00%	$200	-	Special Savings Account

Kennedy VA Employees Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.00%	$300	-	Share Draft

Kennedy VA Employees Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%	$1.5k	-	12 Month CD
0.08%^*	$5k^*	-	6 Month CD
OTHER TIERS: 0.05% → $1k - $5k
0.05%	$2.5k	-	18 Month CD

Kennedy VA Employees Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.08%	$5k	-	30 Month IRA
0.05%	$2.5k	-	18 Month IRA
0.03%	$5	-	Accumulation IRA

Locations

Kennedy VA Employees Federal Credit Union Locations
Branch Office	1030 Jefferson Ave	Memphis, TN 38104

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