Kentucky Employees Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.85% | 5-year CD | 3.10% - Barclays 60 Month Online CD |
| 1.95% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 0.15% | Savings | 0.26% - National Average |
Kentucky Employees Credit Union is headquartered in Frankfort and is the 18th largest credit union in the state of Kentucky. It is also the 1,875th largest credit union in the nation. It was established in 1938 and as of December of 2018, it had grown to 23 employees and 11,210 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
Membership in Kentucky Employees Credit Union is open to individuals who live, work, or worship in any of the following Kentucky counties: Anderson, Bourbon, Boyle, Bullitt, Clark, Estill, Fayette, Franklin, Garrard, Harrison, Henry, Jefferson, Jessamine, Lincoln, Madison, Mercer, Nicholas, Oldham, Powell, Scott, Shelby, Spencer, Trimble and Woodford. Public sector employees (local, county, state, federal), military personnel, and Kentucky public school employees also qualify for membership. Students and employees of 21 Kentucky colleges are also welcome to apply.
See current membership details
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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 Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62431 |
| Year Chartered | 1938 |
| Employees | 23 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.08% |
| Return on Equity - YTD | 0.79% |
| Annual Interest Income | $3.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $75.8MM$75.9MM |
| Loans | Q4 2018vs Q4 2017 | $54.9MM$52.1MM |
| Deposits | Q4 2018vs Q4 2017 | $64.1MM$64.6MM |
| Equity Capital | Q4 2018vs Q4 2017 | $8.1MM$8.1MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $456.00K$477.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $465.00K$369.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
18-Month CD, 3.00% APY
Small credit union but the field of membership includes residents of 24 Kentucky counties and all public sector employees in Kentucky.
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 |
|---|---|---|---|---|
| 3.00% | $500 | - | 18 Month Share Certificate | |
| 2.85% | $500 | - | 60 Month Share Certificate | |
| 2.70% | $500 | - | 48 Month Share Certificate | |
| 2.35% | $500 | - | 36 Month Share Certificate | |
| 2.25% | $500 | - | 24 Month Share Certificate | |
| 1.95% | $500 | - | 12 Month Share Certificate | |
| 1.25% | $500 | - | 6 Month Share Certificate |
Kentucky Employees Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.00% | $1k | - | 18 Month IRA Certificate | |
| 2.85% | $1k | - | 60 Month IRA Certificate | |
| 2.70% | $1k | - | 48 Month IRA Certificate | |
| 2.35% | $1k | - | 36 Month IRA Certificate | |
| 2.25% | $1k | - | 24 Month IRA Certificate | |
| 1.95% | $1k | - | 12 Month IRA Certificate | |
| 1.25% | $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 |