Launch Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.31% | 5-year CD | 60 Month CD 2.35% - Synchrony Bank 60 Month CD |
| 1.31% | 5-year IRA | 60 Month IRA 1.54% - National Average |
| 0.35% | 1-year CD | 12 Month CD 1.40% - Synchrony Bank 12 Month CD |
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 332nd largest credit union in the nation. It was established in 1963 and as of March of 2017, it had grown to 201 employees and 64,099 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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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.
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 15605 |
| Year Chartered | 1963 |
| Employees | 201 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.69% |
| Return on Equity - YTD | 6.74% |
| Annual Interest Income | $6.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $852.1MM$772.2MM |
| Loans | Q1 2017vs Q1 2016 | $337.2MM$284.5MM |
| Deposits | Q1 2017vs Q1 2016 | $661.0MM$630.4MM |
| Equity Capital | Q1 2017vs Q1 2016 | $85.9MM$84.2MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $3.1MM$2.6MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $1.4MM$1.2MM |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$81.00K |
Always verify rates and promotions with the bank or credit union. We are not Launch 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.
Launch Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | - | - | Elite Checking |
Launch Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW 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 |
Launch Federal Credit Union has 14 locations. Click to view all Launch Federal Credit Union locations.