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Credit Union Membership - WHO Can become a Member?
- Persons who
are an employee, retiree, or family member of L G & E Company or its
subsidiaries.
- Family
members, including parents, grandparents, spouses, children,
stepchildren, grandchildren, and siblings are eligible for membership.
We are a single sponsor Credit Union.
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Credit Union Membership - BENEFITS of
Membership
- Savings
and IRAs insured up to
$250,000
- Low
Rate Vehicle Loans
- Discounted
Amusement Park Tickets
- Low-Rate
VISA
- "Audie"
- Automated Teller System
- Payroll
Deduction for L G & E Employees
- Debit
Cards
- ATM
Cards
- Plus
much more!
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G & E Company Credit Union is proud to be a part of
the cooperative spirit and we encourage you to take
advantage of the benefits of membership. The credit
union's members are also its owners and earnings from
loans and investments are returned to members in the form
of dividends.
It
is the common-bond, teamwork concept that makes the Credit
Union unique in the world of finance. The
"people helping people" philosophy of credit
unions is known around the world.
Annually
the Credit Union's membership elects individuals from its
own ranks that have agreed to serve designated terms on
the Board of Directors. The Board members volunteer
their time and talents to represent the membership and
govern the Credit Union by establishing policies and
procedures that reflect the best interest of members.
The
Credit Union has a wide-variety of products and services
available from auto loans to share certificates; the
Credit Union is your one-stop financial
source.
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Membership Application
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Thanks for your application. You
may submit your application via email by clicking the Submit button or print and
fax to (502) 627-4670.
In order to complete processing, please remember to deposit
$5 into your savings account at the credit union. The Credit Union will
send the disclosure information.
L
G & E Co. Credit Union was founded in 1934. L G &
E provides space to assist the Credit Union in both
offices downtown. Our Credit Union belongs to its
members. The Credit Union philosophy is summed up in
the phrase "People Helping People". It is
a teamwork concept called a cooperative - in which
depositors and borrowers are mutually benefited. Our
objectives are:
- Depository
for Members funds
- To
provide a favorable return on Members Deposits
- To
provide reasonably priced loan rates
- To
provide helpful financial services that are economical
and cost effective for our Members.
Your
deposits with the Credit Union are insured up to at least $250,000
by the NCUSIF. This is a government agency similar
to the FDIC Insurance that banks offer. We are
regulated by the NCUA and the Kentucky Department of
Finance. We have a Board of Directors made up of the
current L G & E Employees and Retirees.
We
currently have assets of more than $22 million
dollars. |
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