Modern Employees Federal Credit Union

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A short history of Modern Employees FCU

Since its inception in 1953 the Modern Employees Federal Credit Union has been serving its members in the OWENSBORO, Kentucky area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Tammy Kirkpatrick, the Modern Employees FCU has grown its membership to over 802 with assets of more than $6,138,019. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (270) 685-1025 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in OWENSBORO, KY.

General Information For Modern Employees FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 8940
Address 1727 MOSELEY ST 
City OWENSBORO 
State Kentucky 
Zip-Code 42303
Phone Number (270) 685-1025
Fax Number (270) 685-1380
Email Address: none
CEO/President Tammy Kirkpatrick
Members 802 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 6,138,019 
Website http://www.mefcu.net 

Compare Modern Employees Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Green River Area CU MAIN OFFICE 3000 E 4TH ST 3000 Highway 144 42303 (270) 926-0210 No 2.35
Daviess County Teachers CU Daviess County Teachers Federal Credit Union 1900 Southeastern Pkwy 42302 (270) 684-8954 No 2.97
Audubon CU Main Office 1429 Breckenridge St 42302 (270) 685-3487 No 3.06
Friends First CU Friends First FCU 922 Triplett St Ste 1 42303 (270) 684-1829 No 3.37
Owensboro CU Owensboro Federal Credit Union 717 Harvard Dr 42301 (270) 683-1054 No 4.20

Modern Employees Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Modern Employees Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.50 3.00 3.75 4.69 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 380 146 175 230 132
Rank Among All Kentucky Credit Unions 23 12 14 22 11

Modern Employees Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 N/A 0.40 0.55
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 119 N/A 284 219
Rank Among All Kentucky Credit Unions N/A 14 N/A 26 22
Modern Employees Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.5008778,378
All Other Unsecured Loans/Lines of Credit 9.500126345,694
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.00024438,702
Used Vehicle Loans 3.7501211,227,222
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.690321,386,355
Total Other Real Estate Loans/Lines of Credit 4.250593,792
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.65025135,396
TOTAL LOANS & LEASES 4203,705,539

Modern Employees Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 17840,7742139,600
    b. 15 Years or less 15545,58100
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 593,79200
Open-End Fixed Rate 0000
TOTALS 371,480,1472139,600

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Modern Employees Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website Yes