Credit union · NCUA insured
Class Act Federal Credit Union
Top CarrotA $352.3M credit union headquartered in Louisville, KY, with 23,195 members and 6 branches in Kentucky. Best rates: CDs 4.35% and savings 1.10% APY.
Class Act Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 84% of U.S. banks and credit unions
#11 of 43 in Louisville/Jefferson County, KY-IN metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Class Act Federal Credit Union
Class Act Federal Credit Union was established in 1954 by JCPS teachers to serve their personal finance needs, expanding in 1994 via merger with the University of Louisville Student & Alumni Credit Union.
Headquartered in Louisville, Kentucky, the credit union specializes in serving the education community across Jefferson, Bullitt, Oldham, Shelby, Nelson, and Spencer counties.
- Headquarters
- 3620 Fern Valley Rd, Louisville, KY 40219-1917
- NCUA charter
- 9106
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Military, government and schools
- Open to students of specified educational communities (including JCPS students/immediate family, U of L students/alumni, Embry-Riddle, Family Scholar House, Galen College of Nursing, Sullivan University).
- Open to those who work for, retired from, or volunteer at listed educational groups in the area.
Family and household
- Open to immediate family members (spouses, children, siblings, parents, grandparents, grandchildren, stepparents, stepchildren, stepsiblings, adoptive relationships) or household members of an existing Class Act member.
Other ways
- Open to residents of Kentucky or Indiana by joining the Kentucky PTA (Class Act pays the join fee).
Cost to join
- Class Act covers the Kentucky PTA join fee for applicants joining via that route.
Branches
6 branches in Kentucky
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Kentucky
6 branches
- Main OfficeMain office3620 Fern Valley Rd, Louisville, KY 40219Directions
- Doss High School Branch7601 Saint Andrews Church Rd, Louisville, KY 40214Directions
- East Branch3711 Diann Marie Rd, Louisville, KY 40241Directions
- Jeffersontown High School9600 Old Six Mile Ln, Louisville, KY 40299Directions
- Southern High School Branch8620 Preston Hwy, Louisville, KY 40219Directions
- UofL Branch331 W Cardinal Blvd, Louisville, KY 40208Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 10.85% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.62% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.04% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $78 | $76 | — |
- CapitalNet worth ratio10.85%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.62%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.04%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$78Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion 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 loans 60 or more days late.
Regulators’ own ratings of Class Act Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.