Move Kentucky Forward
How Kentucky Credit Unions Help Move Kentucky Forward
Credit unions are not-for-profit financial cooperatives owned by and operated for the benefit of members they serve. Credit unions provide resources to their members and families to help them obtain financial well-being. This includes improving financial education, food security, housing security, and more. Learn how Kentucky credit unions are working to achieve this mission from Kentucky Credit Union League President Jim Kasch.
Number of Credit Unions in KY
Number of Members
Benefits Delivered by Kentucky Credit Unions per Member Household
Total Benefits Delivered by Kentucky Credit Unions
In Assets
Moving KY Communities Forward:
Designing special programs to help you when you need it most.
Members Choice CU
At Members Choice, we recognize that life brings both opportunities and challenges. In difficult times, we step forward with options designed to ease financial burdens. For example, during the holiday season, we proudly offer our Skip-A-Pay program to give members breathing room when expenses are high. We are also committed to rewarding those who invest with us by providing one of the highest club account rates in the region. In addition, our members benefit from some of the lowest credit card rates in the country, reflecting our dedication to meeting the unique financial needs of our rural communities.
One of our most meaningful initiatives is the Members Choice Benevolence Fund. While not publicly promoted, this fund exists to provide direct assistance to members facing financial hardship. Through the fund, grants are awarded to individuals and families identified as being in need, allowing us to offer tangible relief in some of life’s most challenging moments. To date, the Benevolence Committee has granted a total of $9,900, a true testament to our commitment to making a difference.
We are honored to walk alongside our members on their financial journeys. Whether through innovative products, compassionate programs, or direct assistance, Members Choice Credit Union is proud to embody the credit union difference—putting people before profit and community above all.
UK Federal CU
At University of Kentucky Federal Credit Union, putting members first means showing up in both crisis and everyday life.
When tornadoes impacted several Kentucky counties earlier this year, UKFCU responded with a Member Relief Loan offering up to $5,000 with no payments and 0.00% APR for six months, giving families time to recover without added financial strain.
Beyond disaster relief, UKFCU supports members year-round through partnerships like Trinity Debt Management, flexible options such as skip-a-pay, complimentary TruStage AD&D coverage, and access to discounted insurance and tax services.
Financial education is also central to their mission. From fraud and retirement seminars to Lunch and Learns with more than 100 Preferred Partner organizations, UKFCU provides practical tools and resources that strengthen financial well-being. Members can also access blogs, podcasts, and Banzai courses through the Mindful Money Center.
Through responsive programs, financial guidance, and education, UKFCU demonstrates how credit unions move Kentucky communities forward by standing beside their members when it matters most.
Moving Our Economy Forward...
Credit unions employ over 2,700 people in Kentucky. Employees of credit unions help stimulate the local economy, pay state and local taxes, and contribute to the overall well-being of the state’s economy.
Kentucky credit unions and their members make substantial contributions to tax revenues. In the most recent tax year, Kentucky credit unions generated over $106 million in tax revenue through their economic activities such as contracting employees, purchasing, and credit union employees spending in the local economy.
On the local level, over $38 million was generated through their economic activity— all of which helps fund schools, roads, and other vital parts of our state’s economy and infrastructure.
Kentucky’s not-for-profit, member-owned credit unions delivered $333 billion in direct financial benefits to consumers in 2025. More Kentuckians than ever are choosing credit unions, with membership rising from 980,000 in 2019 to over 1 million today.
Kentucky credit unions worked with the State Treasurer to fund an educational course for high schools to teach students about money, personal financial management, and other aspects of finances.
