Overview / Commentary
1727 Moseley St
Owensboro, KY 42303-3830

Modern Employees Federal Credit Union is headquartered in Owensboro and is the 52nd largest credit union in the state of Kentucky. It is also the 4,482nd largest credit union in the nation. It was established in 1953 and as of December of 2018, it had grown to 3 employees and 826 members at 1 location. Modern Employees Federal Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership in Modern Employees Federal Credit Union is open to employees of Modern Welding Company.
See current membership details


No reviews have been left for this bank yet. Be the first to review.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Modern Employees Federal Credit Union has a very low asset base.

Health Grade Components

NCUA #8940
Year Chartered1953
Primary Regulator
Profit Margin
Return on Assets - YTD0.35%
Return on Equity - YTD1.58%
Annual Interest Income$240.00K
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$5.9MM$5.9MM
LoansQ4 2018vs Q4 2017$4.1MM$3.9MM
DepositsQ4 2018vs Q4 2017$4.5MM$4.5MM
Equity CapitalQ4 2018vs Q4 2017$1.3MM$1.3MM
Loan Loss AllowanceQ4 2018vs Q4 2017$11.00K$10.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$134.00K$0
Real Estate OwnedQ4 2018vs Q4 2017$0$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Modern Employees Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Modern Employees Federal Credit Union Savings Account Rates

0.15%--Shares (Savings)

Modern Employees Federal Credit Union CD Rates

0.70%--24 Month Share Certificate
0.40%--12 Month Share Certificate
0.25%--6 Month Share Certificate
0.20%--90 Day Share Certificate

Modern Employees Federal Credit Union Locations
Branch Office1727 Moseley StOwensboro, KY 42303-3830

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.