Launch Credit Union


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

Launch Credit Union is headquartered in Merritt Island and is the 21st largest credit union in the state of Florida. It is also the 395th largest credit union in the nation. It was established in 1963 and as of June of 2021, it had grown to 287 employees and 72,866 members at 19 locations. Launch Credit Union has an A health rating.

Field of Membership Restrictions

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

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 #68716
Year Chartered1963
Employees287
Primary Regulator
Profit Margin
Return on Assets - YTD0.51%
Return on Equity - YTD4.86%
Annual Interest Income$16.7MM
Assets and Liabilities
AssetsQ2 2021$1.01B
LoansQ2 2021$698.7MM
DepositsQ2 2021$901.6MM
Equity CapitalQ2 2021$104.8MM
Loan Loss AllowanceQ2 2021$4.3MM
Unbacked Noncurrent LoansQ2 2021$1.8MM
Real Estate OwnedQ2 2021$0
Rates
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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.

Launch Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$100k*-Savings
OTHER TIERS: 0.05% $200 - $25k | 0.10% $25k - $50k | 0.15% $50k - $100k
0.20%*$100k*-Business Savings
OTHER TIERS: 0.05% $200 - $25k | 0.10% $25k - $50k | 0.15% $50k - $100k
0.20%--IRA Share Account
0.20%*$100k*-Minor Savings
OTHER TIERS: 0.05% $5 - $25k | 0.10% $25k - $50k | 0.15% $50k - $100k
0.15%--Holiday Account

Launch Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW 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

Launch Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Elite Checking
0.05%$1k-Business Checking

Launch Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW 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

Launch Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%$10k-60 Month IRA
0.90%$10k-60 Month Roth IRA
0.50%$10k-30 Month IRA
0.50%$10k-30 Month Roth IRA
0.45%$10k-24 Month IRA
0.45%$10k-24 Month Roth IRA
0.35%$1k-12 Month IRA
0.35%$1k-12 Month Roth IRA
0.20%$5k-6 Month IRA
0.20%$5k-6 Month Roth IRA
Locations

Availability



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