Credit union · NCUA insured
Morehead Community Federal Credit Union
A $64M credit union headquartered in Morehead, KY, with 4,442 members and 1 branch in Kentucky. Best rates: CDs 3.80% and savings 1.16% APY.
Morehead Community Federal Credit Union Carrot Score
83
Carrot Score
Higher than 62% of U.S. banks and credit unions
#37 of 93 in KentuckyHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Morehead Community Federal Credit Union
Founded in 1978 and based in Morehead, Kentucky, Morehead Community Federal Credit Union is a not-for-profit financial cooperative owned and controlled by its members.
The credit union serves individuals across twenty Kentucky counties, including Bath, Bourbon, Boyd, Carter, Clark, Elliott, Fleming, Greenup, Johnson, Lawrence, Lewis, Magoffin, Mason, Menifee, Montgomery, Morgan, Nicholas, Powell, Rowan, and Wolfe.
- Headquarters
- 503 W Main St, Morehead, KY 40351-1539
- NCUA charter
- 23070
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, attend school, or volunteer in specified Kentucky counties are eligible for membership.
Family and household
- Immediate family members or members of the household of someone who qualifies for membership are eligible.
Cost to join
- A one-time membership fee of $1.00 is required upon joining.
- A share deposit of $5.00 into a Primary Savings Account is required to join and represent a share in the credit union.
Branches
1 branch in Kentucky
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Kentucky
1 branch
- 503 West MainMain office503 W Main St, Morehead, KY 40351Directions
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 | 13.49% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.50% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.68% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $50 | $59 | — |
- CapitalNet worth ratio13.49%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.50%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.68%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$50Peers’ middle $59
Compared with the 2,478 credit unions 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 loans 60 or more days late.
Regulators’ own ratings of Morehead Community 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.