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ABOUT US
KIT Federal Credit Union ("KIT") is a member-owned, not-for-profit financial institution that exists to provide superior
financial products to our member-owners and their families. KIT was chartered in 1965 with the field of membership of the
employees of A&P grocery stores located in Kentucky, Indiana, and Tennessee. We began in a one-room office and slowly built
our services over the years by commitment of the official family to the members. In response to our growth and after several location changes
in offices, we moved to our present location on Bardstown Road in Central Jefferson County just off the main expressway.
With the new expanded area, we were then able to add services needed by the membership to properly manage their affairs.
KIT geared up for the electronic age and added certificate, IRA, share draft (with ATM cards), home equity, and full
revolving credit programs.
In the early 1980's, a realization that the economic environment for the grocery industry was changing prompted the Board and CEO to prepare
for a different future. A new strategy
was built to stabilize the membership by adding Select Employee Groups as additional Sponsors. The management team took this
and other
positive steps to make sure the current members would not be left behind while adding new groups. In 1982, the announcement
came that all A&P stores would close. We then offered the membership to the Kentucky Grocers Association and sought other
Sponsors whose workers were in need of a strong financial institution that cared about the people they served.
Since then the Sponsor list has grown to other associations and like groups. In 2004, the KIAWA Credit Union merged with KIT
and the Kentucky/Indiana Automotive Warehouse Association and KIT welcome the Association and its members as new sponsors. Here, a member is not a number;
a member is an owner who has entrusted us with their financial needs. Adding groups was not our only focus - we added
new services, too! Money market accounts, credit cards, an expanded non-purchase real estate program, first mortgages
(through a third party servicer), and debit cards were added.
Efficient and friendly service at all times is our goal and our pledge to our members. This is a trust we take seriously and hope you
will join us today.
Mission Statement
KIT Federal Credit Union is a Member-Owned Financial Institution whose purpose is to provide a full range of financial services,
of the highest quality, offered in a personal and professional manner, consistent with the Credit Union's long-term financial stability.
How Can I Join?
Any eligible member wishing to use KIT's services must first establish their membership by depositing at least $5 to a
Prime Share (Savings) Account. To maintain services at KIT, members must keep a minimum balance of $5 in the
Savings Account at all times.
There is no waiting period to join KIT. As soon as you become a member of any of the eligible groups, you can join
the Credit Union and begin to enjoy the benefits of KIT membership. If you are under 18 years of age, you must contact
KIT at 502.459.9286 (888.459.9286 toll free) before submitting an application to open an account.
 Membership Agreement
Membership Application
Eligible Members
There are two ways that you may be eligible to join KIT: work for a company that is one of KIT's sponsor groups; or be a relative of a KIT member.
To find out if you work for an eligible group, please click here.
Once you are a member, you may pass along membership to your immediate family, regardless of where they live or work. Family membership includes a spouse, child, sibling, parent, grandparent or grandchild. For the purpose of this definition, immediate family member includes stepparent, stepchild, stepsibling, and adoptive relationships. It also includes anyone who permanently lives in your household.
Once A Member, Always A Member
No need to close account if member leaves the area. May maintain it as long as he keeps minimum of $5.00, good address, and makes at least one transaction (other than dividend posting) each year.
Verify Identification
Federal Law requires that we verify ID on anyone (member, joint owner, custodian, guardian, trustee, POA) with access to financial accounts. A Social Security/Tax ID Number , date of birth, current residential address, and a mailing address, if different, all must be verified through the federal government databases. Valid photo and signature ID must be reviewed and documented by KIT staff.
A Cooperative Governed by the Members
Our Board of Directors and Supervisory Committee members are comprised of KIT members. They work on a volunteer basis to monitor the operations, mission, goals and vision of KIT for all the members.
Shares Insured to $100,000, IRAs to $250,000!
Your regular share deposits are insured up to $100,000 and IRAs are insured separately to $250,000 by the National Credit Union Administration ().
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Your savings federally insured to at least $100,000
and backed by the full faith and credit of the
United States Government.
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We do business in accordance with
the Federal Fair Housing Law &
the Equal Credit Opportunity Act.
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