Overview / Commentary
503 W Main St
Morehead, KY 40351-1539

Morehead Community Federal Credit Union is headquartered in Morehead and is the 29th largest credit union in the state of Kentucky. It is also the 2,708th largest credit union in the nation. It was established in 1978 and as of December of 2018, it had grown to 10 employees and 3,875 members at 1 location. Morehead Community Federal Credit Union's money market rates are 3X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership to Morehead Community Federal Credit Union if open to anyone who attends school, works, worships or lives in Rowan County.
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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. Morehead Community Federal Credit Union has a low asset base.

Health Grade Components

NCUA #23070
Year Chartered1978
Primary Regulator
Profit Margin
Return on Assets - YTD1.28%
Return on Equity - YTD10.49%
Annual Interest Income$1.3MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$34.4MM$33.1MM
LoansQ4 2018vs Q4 2017$17.2MM$16.8MM
DepositsQ4 2018vs Q4 2017$30.0MM$29.2MM
Equity CapitalQ4 2018vs Q4 2017$4.2MM$3.8MM
Loan Loss AllowanceQ4 2018vs Q4 2017$70.00K$82.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$50.00K$61.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$20.00K
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Morehead Community Federal Credit Union Savings Account Rates

0.50%$10-Share (Savings) Account
0.50%--IRA Share Account
0.50%--Christmas Club Account
0.50%--Vacation Club Account

Morehead Community Federal Credit Union Money Market Rates

1.46%*$100k*-Money Market Savings
OTHER TIERS: 0.50% $2k - $10k | 0.90% $10k - $25k | 1.16% $25k - $50k | 1.26% $50k - $100k

Morehead Community Federal Credit Union Checking Account Rates

0.70%*$50k*-Premier Checking
OTHER TIERS: 0.25% $100 - $2k | 0.35% $2k - $25k | 0.55% $25k - $50k

Morehead Community Federal Credit Union CD Rates

3.03%$1k-48 Month CD
2.68%$1k-36 Month CD
2.42%$1k-24 Month CD
2.27%$1k-18 Month CD
2.22%$1k-15 Month CD
2.15%$1k-12 Month CD
1.61%$1k-7 Month CD
1.51%$1k-6 Month CD
0.80%$1k-3 Month CD

Morehead Community Federal Credit Union IRA Rates

2.68%$1k-36 Month IRA
2.42%$1k-24 Month IRA
2.02%$1k-12 Month IRA

Morehead Community Federal Credit Union Locations
Branch Office503 W Main StMorehead, KY 40351-1539

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