Launch Credit Union is headquartered in Merritt Island and is the 21st largest credit union in the state of Florida. It is also the 401st largest credit union in the nation. It was established in 1963 and as of December of 2020, it had grown to 281 employees and 69,688 members at 17 locations. Launch Credit Union has an A+ health rating.
Launch Credit Union is open to anyone who lives, works, worships, or goes to school in Brevard, Flagler, Osceola, Orange, Seminole or Volusia County. Immediate family of existing credit union members are also eligible.
See current membership details
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.
Overall | |
---|---|
NCUA # | 68716 |
Year Chartered | 1963 |
Employees | 281 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.14% |
Return on Equity - YTD | 1.25% |
Annual Interest Income | $32.2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2020 | $924.3MM |
Loans | Q4 2020 | $611.0MM |
Deposits | Q4 2020 | $814.0MM |
Equity Capital | Q4 2020 | $102.4MM |
Loan Loss Allowance | Q4 2020 | $5.0MM |
Unbacked Noncurrent Loans | Q4 2020 | $1.7MM |
Real Estate Owned | Q4 2020 | $0 |
Always verify rates and promotions with the bank or credit union. We are not Launch 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.30%* | $250k* | - | IGNITE Money Market | ||
OTHER TIERS: 0.10% → $2.5k - $25k | 0.15% → $25k - $50k | 0.20% → $50k - $100k | 0.25% → $100k - $250k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | - | - | Elite Checking | |
0.05% | $1k | - | Business Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.90% | $10k | - | 60 Month CD | |
0.50% | $10k | - | 30 Month CD | |
0.45% | $10k | - | 24 Month CD | |
0.35% | $1k | - | 12 Month CD | |
0.20% | $5k | - | 6 Month CD |