Charter 24970 · Frankfort, KY
Commonwealth Federal Credit Union
Commonwealth Federal Credit Union is a federally chartered credit union in Frankfort, Kentucky, with $2.92 billion in assets and 149,646 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 11.26%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as Commonwealth Credit Union.
- Total assets
- $2.92 billion
- +10.9% in a year
- Members
- 149,646
- +10.9% in a year
- Net worth ratio
- 11.26%
- Peer median 10.79%
- Loans 60+ days late
- 0.87%
- Peer median 0.67%
- Loans outstanding
- $2.16 billion
- +11.5% in a year
- Shares and deposits
- $2.57 billion
- +12.1% in a year
- Branches
- 18
- 389 employees
- Opened
- 1951
- Federal charter
How Commonwealth Federal Credit Union compares
NCUA groups credit unions by size; Commonwealth Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 11.26% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.87%, is higher than the group median of 0.67%. Loans grew 11.5% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 1 of 51 credit unions headquartered in Kentucky. See all Kentucky credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $2.92 billion | 149,646 | $2.16 billion | 11.26% | 0.87% |
| Q1 2026 | $2.83 billion | 144,367 | $2.09 billion | 11.14% | 0.67% |
| Q4 2025 | $2.75 billion | 140,745 | $2.06 billion | 11.14% | 0.76% |
| Q3 2025 | $2.66 billion | 137,411 | $2.00 billion | 11.41% | 0.77% |
| Q2 2025 | $2.63 billion | 134,963 | $1.94 billion | 11.22% | 0.59% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 4.6 million potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 18 sites for Commonwealth Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- High Street Branch (main office)
417 High St, Frankfort, KY 40601 - Sower Branch
101 Sower Blvd, Frankfort, KY 40601 - Louisville Road Branch
1425 Louisville Rd, Frankfort, KY 40601 - Meijer Way Branch
280 Meijer Way, Lexington, KY 40503 - Lawrenceburg Branch
1015 Crossroad Dr, Lawrenceburg, KY 40342 - Georgetown East Branch
108 Lawson Dr, Georgetown, KY 40324 - Hamburg Branch
2540 Sir Barton Way, Lexington, KY 40509 - St. Matthews Branch
3704 Frankfort Ave, Louisville, KY 40207 - Shelbyville East Branch
600 Boone Station Rd, Shelbyville, KY 40065 - Cane Run Road Branch
4415 Cane Run Rd, Louisville, KY 40216 - Harrodsburg Branch
511 Joseph Dr, Harrodsburg, KY 40330 - Georgetown West Branch
105 Market Place Cir, Georgetown, KY 40324 - Versailles Branch
1290 Crossfield Dr, Versailles, KY 40383 - Owenton Branch
660 Highway 127 S, Owenton, KY 40359 - Nicholasville Branch
1091 N Main St, Nicholasville, KY 40356 - Shelbyville West Branch
73 Jeanie Dr, Shelbyville, KY 40065 - Richmond Branch
108 Meridian Way, Richmond, KY 40475 - Prestonsburg Branch
550 N Lake Dr, Prestonsburg, KY 41653
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology