Updated: Jun 2
“Selected an Excellent Choice Credit Union. University of Kentucky Federal Credit Union is a well-run financial institution that operates in Lexington Kentucky and the University of Kentucky."
By: Allan R Kirby
We review Credit Unions:
Mysmallbank.com feels compelled to find the best credit unions and community banks to write a small review. These reviews are to help you learn more about community banks, possibly one that's in your area that you might be interested in. In this review we are choosing the following local Credit Union:
Headquartered: 1730 Alysheba Way, Lexington, KY, 40509
Contact Info: email@example.com Telephone: 859-264-4200 or Toll Free 800-234-8528
Year Established: 1937
University of Kentucky Credit Union (UKFCU) is a 6 branch full-service bank that serves alumni, students, and staff of the university as well as parts of Lexington Kentucky. Our decision to name the University of Kentucky Federal Credit Union, Excellent Choice Credit Union, was based on our own research on reviews, services offered as well as their commitment to their membership and the communities they serve. What we found was a great community credit union that provides great services such as the UKFCU senior share savings account for persons aged 54 and older that includes:
No minimum balance is required.
Monthly interest paid (with a balance of at least $100).
No restrictions on withdrawals or deposits.
Higher dividend rates than a regular Prime Share savings account.
Additionally, we also like the UKFCU credit cards which offer low rates and absolutely no hidden costs, specifically the Visa Signature and the Visa Platinum which allows you to earn CU rewards points as well as:
Emergency cash if your card is stolen.
Extended warranty protection on purchase items.
Low credit card interest rates.
We were also surprised with the free checking account, yes it's true, it's absolutely free!
The benefits of the checking account include:
No minimum balance required
No monthly service charge
24 hour ATM/Debit card access
Free online bill pay
Instant issue Visa debit card
Free first box of checks
University of Kentucky Federal Credit Union currently has over $1.1 Billion in assets, 6 branches, and over 93,000 members. ibanknet. In January of 1937, a group of Agriculture College Employees from the University of Kentucky developed this idea. Together, they formed the University of Kentucky Federal Credit Union to provide themselves and their co-workers with a better place to save and borrow money.
"University of Kentucky Federal Credit Union provides financial learning through podcasts "
We found the University of Kentucky has great rates for example:
New / Used Vehicle - Terms 60 months or less As low as 2.99% APR
New / Used Vehicle - Terms 61 months or greater As low as 2.99% APR
New / Used Motorcycle As low as 6.24% APR
New / Used Boat / Jet Ski / RVAs low as 5.49% APR
"University of Kentucky was founded in 1865 by John Bryan Bowman as the Agricultural and Mechanical College of Kentucky."
We will now provide you some additional highlights of the University of Kentucky FCU credit cards well as their commitment to their community.
Visa Credit Cards:
As we had mentioned before we liked the Benefits of the UKFCU credit cards which includes:
Emergency cash if your card is stolen
Extended warranty protection on purchase items
Low credit card interest rates
The following details the UKFCU credit card benefits, we do like the Visa Signature credit card.
CU Rewards Mall with 1% Cash Back Option
$500,000 Travel & Accident Insurance
Warranty Manager Service*
Visa Travel & Emergency<