Data Source: NCUA, June 30, 2016
Berea Credit Union was founded in 1923. Headquartered in Berea, Kentucky, Berea Credit Union is a state chartered and federally insured credit union, being chartered in Kentucky and insured through the National Credit Union Share Insurance Fund (NCUSIF). Berea Credit Union is also a member of the Federal Home Loan Bank (FHLB) , which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of June 30, 2016, Berea Credit Union services 443 members through its 1 full-time and 2 part-time employees. It has $1,260,444 of total assets and $139,462 of net worth. Based on its asset size and net worth ratio, Berea Credit Union is classified as a Well Capitalized tiny credit union.
Berea Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Berea Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.
The chart below depicts the average compensation of Berea Credit Union compared to the medians of Kentucky and the entire nation (USA) over the years.
The following two tables list the deplitory and loan interest rates of Berea Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Kentucky and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
The table below lists the electronic banking services prlided by Berea Credit Union.
Electronic Banking Service Offerings
Community and other Service Offerings
Berea Credit Union
105 Jackson St
Berea, KY 40403