NCUA merger report, Q4 2025
Cove merger into University of Kentucky Federal Credit Union
NCUA's Merger Activity and Insurance Report for Q4 2025 lists Cove, of Edgewood, KY, as merging into University of Kentucky Federal Credit Union, of Lexington, KY. NCUA records the reason as "expanded services". Cove last filed a call report for Q1 2026, with $78.8M in assets and 6,390 members.
Members of Cove become members of University of Kentucky Federal Credit Union. Watch for its notice on new account numbers, cards and online banking.
The two credit unions side by side
| Measure | CoveQ1 2026 | University of Kentucky Federal Credit UnionQ2 2026 |
|---|---|---|
| Assets | $78.8M | $1.8B |
| Members | 6,390 | 121,057 |
| Net worth ratio | 11.04% | 10.91% |
| Offices | – | 8 |
| Paid on deposits | – | 2.22% |
| New auto loan rate | – | 6.85% |
| Fee income per member | – | $70 |
Figures for Cove are from its call report for Q1 2026; this page carries only its size and capital. Assets for the report quarter: $80.3M merging, $1.5B continuing.
On our member-value score, built only from call-report data, University of Kentucky Federal Credit Union scores 62.3 out of 100.
University of Kentucky Federal Credit Union offices near Edgewood
From NCUA's branch file for Q2 2026, in Edgewood first and then elsewhere in KY. Every University of Kentucky Federal Credit Union location
Edgewood, KY 1
- Edgewood Branch 577 Dudley Rd, Edgewood, KY 41017 Drive-through · ATM
Lexington, KY 6
- Beaumont 940 Midnight Pass, Lexington, KY 40513 Drive-through · ATM
- Corporate Offices 1730 Alysheba Way, Lexington, KY 40509 Main office
- Hamburg Branch 2557 Sir Barton Way, Lexington, KY 40509 Drive-through · ATM
- Reynolds Road Branch 370 Meijer Way, Lexington, KY 40503 Drive-through · ATM
- South Broadway Branch 603 S Broadway, Lexington, KY 40508 Drive-through
- UK Student Center Branch 160 Avenue Of Champions, Lexington, KY 40526 ATM
Nicholasville, KY 1
- Nicholasville 201 Bryant Dr, Nicholasville, KY 40356 Drive-through
Source: NCUA Merger Activity and Insurance Report, Q4 2025, and NCUA 5300 call reports. The report quarter is when the approval was listed; the merger may take effect later. Not affiliated with NCUA or either credit union. · All recent mergers · University of Kentucky Federal Credit Union full figures
Questions people ask
Did Cove merge?
Yes. NCUA's Merger Activity and Insurance Report for Q4 2025 lists Cove, of Edgewood, KY, as merging into University of Kentucky Federal Credit Union, of Lexington, KY. Its last call report was for Q1 2026.
Why did Cove merge?
NCUA records the reason as "expanded services". That is the category NCUA's report gives; the credit unions' own merger notice to members explains it in more detail.
What happens to my Cove account?
Members and their accounts move to University of Kentucky Federal Credit Union, which becomes your credit union. Account numbers, the routing number, cards, checks and online banking can change; the notice University of Kentucky Federal Credit Union sends members gives the dates. Keep using your current details until it tells you otherwise.
Is my money still insured?
Yes. University of Kentucky Federal Credit Union is federally insured by NCUA, which covers deposits up to $250,000 per owner, per insured credit union, for each account ownership category. If you also had accounts at University of Kentucky Federal Credit Union before the merger, your balances are now at one credit union.