Lake Chem Community Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 0.75% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 0.55% | Savings | 0.26% - National Average |
| 1.11% | 2-year CD | 1.68% - National Average |
Lake Chem Community Federal Credit Union is headquartered in Benton and is the 20th largest credit union in the state of Kentucky. It is also the 2,103rd largest credit union in the nation. It was established in 1971 and as of December of 2018, it had grown to 25 employees and 11,640 members at 3 locations. Lake Chem Community Federal Credit Union's savings rates are 44% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Lake Chem Community Federal Credit Union to all of Calloway County and Marshall County. If you work, worship, attend school or live in, are a business, or a legal entity, you are eligible for membership.
See current membership details
Love My Local FCU
The staff is always so helpful and friendly.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 20641 |
| Year Chartered | 1971 |
| Employees | 25 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.33% |
| Return on Equity - YTD | 3.68% |
| Annual Interest Income | $2.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $61.7MM$57.1MM |
| Loans | Q4 2018vs Q4 2017 | $49.3MM$43.5MM |
| Deposits | Q4 2018vs Q4 2017 | $56.0MM$51.7MM |
| Equity Capital | Q4 2018vs Q4 2017 | $5.6MM$5.4MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $145.00K$121.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $184.00K$145.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Lake Chem Community Federal 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.
Lake Chem Community Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00% | - | - | IRA Share Account | ||
| 0.75%* | $100k* | - | Premium Share Savings Account | ||
| OTHER TIERS: 0.25% → $25 - $7.5k | 0.35% → $7.5k - $10k | 0.45% → $10k - $20k | 0.55% → $20k - $50k | 0.65% → $50k - $100k | |||||
| 0.55%* | $100k* | - | Share Savings Account | ||
| OTHER TIERS: 0.10% → $25 - $7.5k | 0.20% → $7.5k - $10k | 0.30% → $10k - $20k | 0.35% → $20k - $50k | 0.50% → $50k - $100k | |||||
| 0.50% | $25 | - | Kids Club Share Account | ||
| 0.10% | - | - | Vacation Club Share Account | ||
| 0.10% | - | - | Christmas Club Share Account | ||
Lake Chem Community Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | $500 | - | Premium Share Draft Account |
Lake Chem Community Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.11% | $1k | - | 24 Months CD | |
| 0.90% | $1k | - | 18 Months CD | |
| 0.75% | $1k | - | 12 Months CD |
| Lake Chem Community Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 35 US Highway 68 E | Benton, KY 42025 |
| Branch Office | 4822 US Highway 62 | Calvert City, KY 42029-8459 |
| Branch Office | 112 N 12th St | Murray, KY 42071 |