Kentucky Employees Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.35% | 5-year CD | |
| 1.85% | 1-year CD | 2.65% - Barclays 12 Month Online CD |
| 0.15% | Savings | 2.00% - Ally Bank Online Savings Account |
Kentucky Employees Credit Union is headquartered in Frankfort and is the 18th largest credit union in the state of Kentucky. It is also the 1,868th largest credit union in the nation. It was established in 1938 and as of June of 2018, it had grown to 25 employees and 10,964 members at 2 locations. Kentucky Employees Credit Union's CD rates are 2X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Kentucky Employees Credit Union of Kentucky is open to the residents of the qualified counties that are listed on the credit union website, employees and the registered students at any of the credit union affiliated colleges and/or universities listed on the credit union website, Kentucky Regional Planning & Development Agency members located within any of the qualified locations that are listed on the credit union website, and the family members of these eligible people.
See current membership details
Treated Like a Human Being - Great Service
I was fed up with large banks and I decided to try a credit union. I was able to join the state's employee credit union due to me being a state worker. Moving my account was absolutely painless and the clerk walked me through everything I needed to do to ensure my account wouldn't just automatically re-open; this had been a problem when switching from Bank of America to Chase. The interest rates were much better than traditional banks as well. I'm getting 25% better return on my investments (CDs) from the credit union, as well as, getting much better interest on my savings account; although it's not like it used to be in the 90's (4%!). I was interested in opening up an IRA at the bequest of my wife and when speaking with their investment specialist really help. She walked me through my options and made sure I knew the pros and cons of each. She also made it easy to directly deduct from my account so I didn't have to worry about adding money to it on my own. It has been an eye opening experience and one I wish I made earlier on in my life. I had grown to hate banking and banks in general, but the KECU restored my faith in banking.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62431 |
| Year Chartered | 1938 |
| Employees | 25 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.15% |
| Return on Equity - YTD | 1.41% |
| Annual Interest Income | $1.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $77.8MM$76.9MM |
| Loans | Q2 2018vs Q2 2017 | $53.3MM$53.8MM |
| Deposits | Q2 2018vs Q2 2017 | $66.4MM$65.9MM |
| Equity Capital | Q2 2018vs Q2 2017 | $8.1MM$7.9MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $409.00K$534.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $664.00K$174.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Kentucky Employees 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.
Kentucky Employees Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | $5 | - | Regular Share/Savings | |
| 0.15% | - | - | IRA Savings | |
| 0.15% | - | - | Kids Club | |
| 0.15% | - | - | Holiday Club | |
| 0.15% | - | - | Vacation Club |
Kentucky Employees Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.30%* | $25k* | - | Money Market Savings Account | ||
| OTHER TIERS: 0.20% → $2.5k - $10k | 0.25% → $10k - $25k | |||||
Kentucky Employees Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.35% | $500 | - | 60 Month Share Certificate | |
| 2.30% | $500 | - | 48 Month Share Certificate | |
| 2.20% | $500 | - | 36 Month Share Certificate | |
| 2.15% | $500 | - | 24 Month Share Certificate | |
| 2.00% | $500 | - | 18 Month Share Certificate | |
| 1.85% | $500 | - | 12 Month Share Certificate | |
| 1.15% | $500 | - | 6 Month Share Certificate |
Kentucky Employees Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.35% | $1k | - | 60 Month IRA Certificate | |
| 2.30% | $1k | - | 48 Month IRA Certificate | |
| 2.20% | $1k | - | 36 Month IRA Certificate | |
| 2.15% | $1k | - | 24 Month IRA Certificate | |
| 2.00% | $1k | - | 18 Month IRA Certificate | |
| 1.85% | $1k | - | 12 Month IRA Certificate | |
| 1.15% | $1k | - | 6 Month IRA Certificate |
| Kentucky Employees Credit Union Locations | ||
|---|---|---|
| Branch Office | 100 Moore Dr | Frankfort, KY 40601-8295 |
| Branch Office | 100 Minuteman Pkwy Bldg 124B, Ste 2 | Frankfort, KY 40601 |