Bank · FDIC insured
Blue Grass Federal
Top CarrotA $58.5M bank headquartered in Paris, KY, with 1 branch in Kentucky. Best rates: CDs 4.25% and savings 3.50% APY.
Blue Grass Federal Carrot Score
Carrot ScoreTop Carrot
Higher than 89% of U.S. banks and credit unions
#5 of 25 in Lexington, KY metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Blue Grass Federal
Blue Grass Federal is a mutual bank owned by its depositors rather than shareholders.
The institution operates as an affiliate of First Mutual Holding Co.
- Headquarters
- 600 High St, Paris, KY 40361
- FDIC certificate
- 31090 ↗
Branches
1 branch in Kentucky
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Kentucky
1 branch
- Blue Grass Federal Savings and Loan AssociationMain office600 High St, Paris, KY 40361Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 15.91% | 12.77% | 16.04% or more |
| Troubled loansNoncurrent | 0.00% | 0.46% | 0.00% or less |
| ProfitabilityReturn on assets | 0.29% | 0.99% | 1.52% or more |
| LendingLoans per $100 deposited | $111 | $67 | — |
- CapitalLeverage ratio15.91%Peers’ middle 12.77% · Top 25% 16.04%+
- Troubled loansNoncurrent0.00%Peers’ middle 0.46% · Top 25% ≤0.00%
- ProfitabilityReturn on assets0.29%Peers’ middle 0.99% · Top 25% 1.52%+
- LendingLoans per $100 deposited$111Peers’ middle $67
Compared with the 546 banks with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Blue Grass Federal are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.