NCUA merger report, Q1 2025
Eastern Kentucky merger into Commonwealth Federal Credit Union
NCUA's Merger Activity and Insurance Report for Q1 2025 lists Eastern Kentucky, of Prestonsburg, KY, as merging into Commonwealth Federal Credit Union, of Frankfort, KY. NCUA records the reason as "poor financial condition".
Members of Eastern Kentucky become members of Commonwealth Federal Credit Union. Watch for its notice on new account numbers, cards and online banking.
The two credit unions side by side
| Measure | Eastern Kentucky | Commonwealth Federal Credit UnionQ2 2026 |
|---|---|---|
| Assets | $5.2M | $2.9B |
| Members | – | 149,646 |
| Net worth ratio | – | 11.26% |
| Offices | – | 18 |
| Paid on deposits | – | 2.26% |
| New auto loan rate | – | 5.49% |
| Fee income per member | – | $93 |
Figures for Eastern Kentucky are from NCUA's merger report; this page carries only its size and capital. Assets for the report quarter: $5.2M merging, $2.5B continuing.
On our member-value score, built only from call-report data, Commonwealth Federal Credit Union scores 59.2 out of 100.
Commonwealth Federal Credit Union offices near Prestonsburg
From NCUA's branch file for Q2 2026, in Prestonsburg first and then elsewhere in KY. Every Commonwealth Federal Credit Union location
Frankfort, KY 3
- High Street Branch 417 High St, Frankfort, KY 40601 Main office · Drive-through · ATM
- Louisville Road Branch 1425 Louisville Rd, Frankfort, KY 40601 Drive-through · ATM
- Sower Branch 101 Sower Blvd, Frankfort, KY 40601 Drive-through · ATM
Georgetown, KY 1
- Georgetown East Branch 108 Lawson Dr, Georgetown, KY 40324 Drive-through · ATM
Lawrenceburg, KY 1
- Lawrenceburg Branch 1015 Crossroad Dr, Lawrenceburg, KY 40342 Drive-through · ATM
Lexington, KY 2
- Hamburg Branch 2540 Sir Barton Way, Lexington, KY 40509 Drive-through · ATM
- Meijer Way Branch 280 Meijer Way, Lexington, KY 40503 Drive-through · ATM
Prestonsburg, KY 1
- Prestonsburg Branch 550 N Lake Dr, Prestonsburg, KY 41653 Drive-through · ATM
Source: NCUA Merger Activity and Insurance Report, Q1 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 · Commonwealth Federal Credit Union full figures
Questions people ask
Did Eastern Kentucky merge?
Yes. NCUA's Merger Activity and Insurance Report for Q1 2025 lists Eastern Kentucky, of Prestonsburg, KY, as merging into Commonwealth Federal Credit Union, of Frankfort, KY.
Why did Eastern Kentucky merge?
NCUA records the reason as "poor financial condition". 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 Eastern Kentucky account?
Members and their accounts move to Commonwealth Federal Credit Union, which becomes your credit union. Account numbers, the routing number, cards, checks and online banking can change; the notice Commonwealth Federal Credit Union sends members gives the dates. Keep using your current details until it tells you otherwise.
Is my money still insured?
Yes. Commonwealth 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 Commonwealth Federal Credit Union before the merger, your balances are now at one credit union.