Account Types Offered

Share Account

Savings

  • Qualify for Membership (LG&E-KU employee/family member, etc.)

  • No monthly service charge

  • Open and maintain Share Account with a $5 minimum balance at all times

  • Provides members access to all other credit union services

  • Debit card to access funds through the ATM with direct deposit

  • Access to home banking and e-Statements

Share Draft Accounts

Checking

  • No monthly service charge

  • No minimum balance required

  • No per-check charge

  • Debit card to access the funds through the ATM or Point of Sale (POS) with direct deposit

  • Overdraft protection – if enough funds are in the share account to cover a check, the funds will be transferred automatically or from an approved line of credit

  • Access to home banking, e-statements, check imaging, bill pay, and Zelle

Golden Checking Accounts

  • For members 55 and older

  • No monthly service charge

  • No per-check charge

  • Monthly dividends on balances of $1,000 or more

  • Free basic checks (1 box per order)

  • No minimum balance

  • Debit card to access the funds through the ATM or Point of Sale (POS) with direct deposit

  • Access to home banking, e-statements, check imaging, bill pay, and Zelle

Money Market Checking Accounts

  • Dividends paid on Money Market Checking Accounts

  • $2,500 minimum balance, $25 monthly fee if balance falls below minimum during the month.

  • Maximum of 3 checks or withdraws each month (no limit on transfers). $10 fee if more than 3 checks or withdraws

  • $10 fee per cash or check withdrawal that is less than $250

  • Free basic checks to accountholders (50 checks)

  • Account may be closed if it falls below the $2,500 maximum for a period of 90 days or more

  • No monthly service charge

Youth Accounts

Youth Savings Accounts

  • Special savings for members under the age of 18, must have an adult on the account

  • $5 minimum balance at all times on share accounts

  • No monthly service charges

  • Access to home banking and e-Statements

Youth Spend Accounts

  • Ages 13-17

  • Requires a $5.00 minimum opening balance

  • An adult Credit Union member must be joint on the account

  • Set spending limits on debit cards

  • Turn debit card on & off

  • Deposit allowance directly into the account for easy access

  • No monthly service charges

  • No minimum balance required

  • Access to Check Imaging and Zelle

Holiday Club Accounts

  • Save for holiday expenses

  • Open and maintain Club Account with a $20 minimum balance at all times

  • Dividends are paid on October 31

  • Funds transferred to member’s Share Account on or about November 1

  • Can open the account anytime throughout the year

  • Withdrawals can be made throughout the year and a $5.00 fee will be charged

  • Minimum of $20 deposit required per month

Vacation Club Accounts

  • Save for vacation or summer expenses

  • Open and maintain Club Account with a $20 minimum balance at all times

  • Dividends are paid on March 31

  • Funds transferred to member’s shares on or about April 1

  • Can open the account anytime throughout the year

  • Withdrawals can be made throughout the year and a $5.00 fee will be charged

  • Minimum of $20 deposit required per month

Certificates of Deposit (CDs)

  • CDs are offered in 3 and 6 months, as well as 1, 2, 3, and 4-year terms

  • The minimum deposit to open is $500

  • Special terms and rates are offered periodically

  • 10-day grace period at maturity

  • Penalties for early withdrawal

Accumulation Shares Accounts

  • Higher interest rate than standard CDs

  • Open and maintain Share Account with a $50 minimum balance at all times.

  • A $20 minimum deposit is required per month

  • When the balance reaches $550, $500 of those funds are transferred to a 3-month CD

  • Penalties for early withdrawal

Individual Retirement Accounts (IRAs)

  • Investment tools

    • IRA Savings

    • IRA Certificates

  • IRA Savings – members can make deposits/withdrawals as needed

  • IRA Certificates – Available in 1-4-year terms (no deposits or withdrawals during the term)

For more information, visit our rates page.