Featured Savings Rates
Featured Accounts

Launch Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.31%5-year CD60 Month CD
1.31%5-year IRA60 Month IRA
0.35%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 375th largest credit union in the nation. It was established in 1963 and as of June of 2017, it had grown to 221 employees and 64,108 members at 14 locations. Launch Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership Launch Federal Credit Union is open to those who live, work or worship in Brevard or Volusia County and family members of existing members.
See current membership details

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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

Health Grade Components

Overall
NCUA #15605
Year Chartered1963
Employees221
Primary Regulator
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD5.08%
Annual Interest Income$12.8MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$756.1MM$797.6MM
LoansQ2 2017vs Q2 2016$352.8MM$297.9MM
DepositsQ2 2017vs Q2 2016$662.4MM$632.4MM
Equity CapitalQ2 2017vs Q2 2016$87.2MM$86.2MM
Loan Loss AllowanceQ2 2017vs Q2 2016$3.3MM$2.7MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$1.2MM$1.3MM
Real Estate OwnedQ2 2017vs Q2 2016$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
0.35%--Roth 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
1.31%$10k-60 Month CD
0.75%$10k-30 Month CD
0.50%$10k-24 Month CD
0.35%*$10k*-12 Month CD
OTHER TIERS: 0.30% $1k - $10k
0.25%$5k-6 Month CD

Launch Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.31%$10k-60 Month IRA
1.31%$10k-60 Month Roth IRA
0.75%$10k-30 Month IRA
0.75%$10k-30 Month Roth IRA
0.50%$10k-24 Month IRA
0.50%$10k-24 Month Roth IRA
0.35%$1k-12 Month Roth IRA
0.30%$1k-12 Month IRA
0.25%$5k-6 Month IRA
0.25%$5k-6 Month Roth IRA
Locations

Availability