Owensboro Federal Credit Union

read moreOwensboro Federal Credit Union began in October 1953. It is Owensboro's first Credit Union, making it the oldest Credit Union in your area. With a desire to help each other in times of need, it was started by the Local Postal Workers in the scale room of the old Post Office and operated out of a cigar box. As of today, Owensboro Federal Credit Union serves over 6,000 members and has 80 Special Employee Groups in the Owensboro and Madisonville areas. When we say Credit Unions are unique in the financial industry, we can back it up!

read moreUse your available equity to finance a new car, home improvements, education, etc. Our Home Equity Loan offers you low closing costs, and both fixed and variable loans are available. With our On-The-Lot Financing Program you can get a low-rate OFCU loan right from the lot of any participating dealer. We can provide you with a dealer cost and option information for most any car you are interest in purchasing. This bargaining power, combined with a pre-approved loan ensures the best deal.

read moreThis convenient service enables you to access your accounts from your PC, 24 hours a day, 7 days a week and receive your statement online with E-Statements. With a simple click you can get your account balances, transfer funds and make loan payments. Use the VISA check card to pay for purchases anywhere VISA debit cards are accepted. You won't have to write a check and the amount of the purchase will be automatically debited from your OFCU checking account. When a personal check or cash will not be sufficient, use a Credit Union money order or cashiers check.

read moreYou want the best for your family and that means planning for life's "what ifs." Like what if you were to die unexpectedly, and they had to make ends meet without your income? Term life insurance helps protect your family from the loss of your income if you were to die. It pays income-tax free money they could use for the mortgage, debts, unpaid bills or any reason. TruStage Term Life Insurance is a good choice if you need high coverage amounts now, with payments that fit your budget. TruStage is underwritten by CMFG Life Insurance Company, which is rated "A" (Excellent) as of March 2019 by A.M. Best, an independent rating service which evaluates financial stability and operating performance, year after year.

read moreChoose from five different checking accounts. Members must be 18 years old to qualify for a checking account. An account must be opened with a $25.00 minimum deposit. Each account offers members unique advantages such as overdraft protection, VISA check card and 24 hours a day, 7 days a week ATM service.

read moreThis is simply a passbook savings account that pays dividends. All members must have a regular share savings account and maintain a minimum balance of $5.00. A Credit Union Individual Retirement Account offers you an excellent way to save for retirement. We offer Traditional, Roth, and the Coverdell Education Savings Plan.

read moreWe are pleased to inform you that, under the "Emergency Economic Stabilization Act", federal share insurance coverage at your credit union has increased from $100,000 to $250,000 for individual accounts.

read moreTo help make life more affordable, Owensboro Federal Credit Union offers competitive rates to our members. Since credit unions are not-for-profit, our profits go toward bringing our members great rates when they need them most. To learn more about any of our deposit or loan products or their rates, stop by to speak to a Member Representative or email us or call us at 800-264-1054.