Kentucky

REGULATING AGENCY: Kentucky Department of Financial Institutions; Depository Division

Kentucky State Capitol

ACCREDITED: 1992

LEAGUE: Kentucky Credit Union League

PRIVATE SHARE INSURANCE: No

STATS: (As of June 2021)

Total Number of Credit Unions: 59

  • TOTAL # SCUs: 20
  • TOTAL # FCUs: 39
  • SCU % OF TOTAL (SCUS #/STATE TOTAL #): 34%

Total Assets: $12,489,904,390

  • TOTAL $ SCU ASSETS: $5,570,978,130
  • TOTAL $ FCU ASSETS: $6,918,926,260
  • SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 45%

Total Members: 920,407

  • TOTAL Members SCUs: 441,674
  • TOTAL Members FCUs: 478,733
  • SCU % OF TOTAL (SCUS/STATE TOAL): 48%

FUN FACT: Teacher Mary S. Wilson held the first observance of Mother’s Day in Henderson in 1887. It was made a national holiday in 1916.


RECENT NEWS

FDIC Names Charles Vice to Advisory Committee of State Regulators

October 1, 2021 – The Federal Deposit Insurance Corporation (FDIC) today announced that Charles Vice, Commissioner of the Commonwealth of Kentucky’s Department of Financial Institutions, is the newest member of the FDIC’s Advisory Committee of State Regulators (ACSR). Commissioner Vice joins 14 others who currently serve on the ACSR.

On behalf of the state system, NASCUS President and CEO Lucy Ito congratulates Mr. Vice on this accomplishment, “It has been my privilege to work side-by-side with Charles, as a member of the NASCUS Regulator Board of Directors. His dedication and depth of his knowledge of the consumer financial services market will be a wonderful asset to the FDIC.”

Vice was appointed commissioner of the Department of Financial Institutions (DFI) in August 2008. As the commissioner of DFI, Vice has responsibility for the regulatory oversight of all Kentucky state-chartered financial institutions, which includes examinations, licensing of financial professionals, registration of securities and enforcement.

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