Position:home  

Louisville Federal Credit Union Adds 5,000 New Members in 2022

Louisville Federal Credit Union (LFCU) is excited to announce that it has added 5,000 new members in 2022. This brings the total number of LFCU members to over 100,000.

"We are thrilled to welcome so many new members to the LFCU family," said CEO Dennis Self. "Our goal is to provide our members with the best possible financial products and services, and we are proud to see that so many people are choosing LFCU."

LFCU has been serving the Louisville community for over 80 years. The credit union offers a wide range of financial products and services, including checking and savings accounts, loans, mortgages, and investment services. LFCU is also a member of the FDIC, which means that your deposits are insured up to $250,000.

louisville federal credit union

"We are committed to providing our members with the best possible experience," said Self. "We offer a variety of convenient ways to bank, including online banking, mobile banking, and over 70 branches in the Louisville area."

LFCU is a not-for-profit financial cooperative. This means that the credit union is owned by its members, and any profits are returned to the members in the form of lower interest rates on loans, higher interest rates on savings accounts, and other benefits.

Louisville Federal Credit Union Adds 5,000 New Members in 2022

"We are proud to be a member-owned financial institution," said Self. "We are committed to providing our members with the best possible financial products and services."

If you are looking for a financial institution that will put your needs first, look no further than Louisville Federal Credit Union. LFCU is committed to providing its members with the best possible financial products and services.

Why Join Louisville Federal Credit Union?

There are many reasons to join Louisville Federal Credit Union. Here are just a few:

Why Join Louisville Federal Credit Union?

  • Competitive interest rates on loans and savings accounts
  • Low fees
  • Convenient locations
  • Excellent customer service
  • Member-owned financial institution

How to Join Louisville Federal Credit Union

Joining Louisville Federal Credit Union is easy. Simply visit one of our branches or apply online. You must live, work, or attend school in the Louisville metropolitan area to be eligible for membership.

What is a Credit Union?

A credit union is a not-for-profit financial cooperative. This means that the credit union is owned by its members, and any profits are returned to the members in the form of lower interest rates on loans, higher interest rates on savings accounts, and other benefits.

Credit unions are different from banks in several ways. First, credit unions are not-for-profit, while banks are for-profit. This means that credit unions are more likely to put their members' needs first. Second, credit unions are owned by their members, while banks are owned by shareholders. This means that credit unions are more likely to be responsive to the needs of their members.

Louisville Federal Credit Union's Commitment to the Community

Louisville Federal Credit Union is committed to giving back to the community. The credit union supports a variety of local organizations, including the Louisville Zoo, the Kentucky Science Center, and the Louisville Orchestra. LFCU also provides financial education to the community through its Money Smart program.

Louisville Federal Credit Union's Future

Louisville Federal Credit Union is well-positioned for the future. The credit union has a strong financial foundation and a commitment to providing its members with the best possible financial products and services. LFCU is also committed to giving back to the community.

LFCU is excited to see what the future holds. The credit union is confident that it will continue to grow and prosper in the years to come.

Tables

Table 1: Louisville Federal Credit Union Membership Growth

Year Number of Members
2018 80,000
2019 90,000
2020 95,000
2021 100,000
2022 105,000

Table 2: Louisville Federal Credit Union Loan Rates

Loan Type Interest Rate
Auto Loan 3.99% APR
Personal Loan 7.99% APR
Mortgage 4.99% APR
Home Equity Loan 5.99% APR

Table 3: Louisville Federal Credit Union Savings Account Rates

Account Type Interest Rate
Regular Savings Account 0.50% APY
Money Market Account 1.00% APY
CD (12-month) 1.50% APY
CD (24-month) 2.00% APY
CD (36-month) 2.50% APY

Table 4: Louisville Federal Credit Union Fees

Fee Type Fee
Monthly Maintenance Fee $0
ATM Withdrawal Fee (non-LFCU ATM) $2.50
Overdraft Fee $25
Returned Check Fee $25
Time:2024-12-21 06:18:18 UTC

axinvestor   

TOP 10
Related Posts
Don't miss