Kentucky

REGULATING AGENCY: Kentucky Department of Financial Institutions; Depository Division

Kentucky State Capitol

ACCREDITED: 1992

LEAGUE: Kentucky Credit Union League

STATS: (As of Dec 2020)

  • TOTAL # SCUs: 22
  • TOTAL # FCUs: 40
  • SCU % OF TOTAL (SCUS #/STATE TOTAL #): 35% of 62 KY CUs
  • TOTAL $ SCU ASSETS: $5,232,260,481
  • TOTAL $ FCU ASSETS: $6,452,475,471
  • TOTAL ASSETS: $11,684,735,952
  • SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 45%

FUN FACT: The public saw an electric light for the first time in Louisville. Thomas Edison introduced his incandescent light bulb to crowds at the Southern Exposition in 1883.


RECENT NEWS

Internet, Social Media Scams Top Threats to Kentucky Investors
Department of Financial Institutions Announces Top Threats For 2021

March 8, 2021 – The Department of Financial Institutions (DFI) today reminded investors to be on the lookout for investment schemes pitched through the internet and social media.

“Kentuckians deserve for their hard-earned dollars to stay safe,” said Gov. Andy Beshear. “Investing can help our families build wealth and achieve their goals, but it’s important to be careful through this process so your money works for you, not a criminal who would steal from our people.”

“Investors should be particularly careful about investment opportunities they learn about online that involve precious metals, cryptocurrencies, promissory notes and foreign exchange markets,” said Marni R. Gibson, DFI’s Director of Securities.

Click on the title to read the full release.


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