Featured Savings Rates
Featured Accounts

Launch Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.92%5-year CD60 Month CD
1.92%5-year IRA60 Month IRA
1.00%1-year CD12 Month CD

Overview / Commentary
321-455-9400
300 S Plumosa St
Merritt Island, FL 32952

Launch Federal Credit Union is headquartered in Merritt Island and is the 20th largest credit union in the state of Florida. It is also the 381st largest credit union in the nation. It was established in 1963 and as of March of 2018, it had grown to 232 employees and 64,107 members at 15 locations. Launch Federal Credit Union's CD rates are 11% higher than the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership in Launch Federal Credit Union is open to those who live, work or worship in Brevard or Volusia County and family members of existing members.
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Reviews (1)

Launch Credit Union

I have been banking with Launch, formally known as Kennedy Space Credit Union for the past 10 years, they have excellent customer service and always give their customers personal attention.



Health
A+

Health Grade Components

Overall
NCUA #15605
Year Chartered1963
Employees232
Primary Regulator
Profit Margin
Return on Assets - YTD0.85%
Return on Equity - YTD7.47%
Annual Interest Income$6.4MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$781.5MM$852.1MM
LoansQ1 2018vs Q1 2017$387.8MM$337.2MM
DepositsQ1 2018vs Q1 2017$684.8MM$661.0MM
Equity CapitalQ1 2018vs Q1 2017$87.2MM$85.9MM
Loan Loss AllowanceQ1 2018vs Q1 2017$3.5MM$3.1MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$1.0MM$1.4MM
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Launch Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$100k*-Share Account
OTHER TIERS: 0.10% $25 - $10k | 0.20% $10k - $25k | 0.25% $25k - $50k | 0.30% $50k - $100k
0.35%*$100k*-Business Share Account
OTHER TIERS: 0.10% $25 - $10k | 0.20% $10k - $25k | 0.25% $25k - $50k | 0.30% $50k - $100k
0.35%--IRA Share Account
0.15%--Holiday Account

Launch Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Elite Checking

Launch Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.92%$10k-60 Month CD
1.31%$10k-30 Month CD
1.21%$10k-24 Month CD
1.00%*$10k*-12 Month CD
OTHER TIERS: 0.90% $1k - $10k
0.50%$5k-6 Month CD

Launch Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.92%$10k-60 Month IRA
1.92%$10k-60 Month Roth IRA
1.31%$10k-30 Month IRA
1.31%$10k-30 Month Roth IRA
1.21%$10k-24 Month IRA
1.21%$10k-24 Month Roth IRA
1.00%$1k-12 Month Roth IRA
0.90%$1k-12 Month IRA
0.50%$5k-6 Month IRA
0.50%$5k-6 Month Roth IRA
Locations

Availability



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