Credit Union History
Autotruck Financial Credit Union was chartered by the State of Kentucky on June 13, 1961 as a not for profit cooperative to serve the employees of the Ford Motor Company.
In 1965, the Credit Union was granted a Federal Charter and operated under Federal Law until 2011.
On November 8, 2011 the State of Kentucky issued the Credit Union a state charter after members overwhemingly voted to convert back to a State Chartered Financial Institution so the credit union could take advantage of expanded powers to serve the communities where branch offices are located.
What began as a small organization has now grown to a full service financial institution serving the employees, family members and retirees of of over one hundred select employee groups and anyone who lives, works, worships, or attends school in the following counties: BULLITT, HENRY, JEFFERSON, OLDHAM, SHELBY, SPENCER, TRINBLE, ALLEN, BARREN, BUTLER, EDMONSON, HART, LOGAN METCALF, MONROE, SIMPSON, AND WARREN.
Safety & Soundness
The money you have on deposit at AFCU is very safe. All money on deposit is insured to at least $250,000 by the National Credit Union Administration, a U.S. Government Agency and backed by the full faith and credit of the United States Government.
NCUA administers the federal insurance fund, NCUSIF, which covers all federal credit unions, and most state chartered credit unions. No taxpayer money is used for regulating and overseeing federal credit unions. All activities of NCUA and the NCUSIF are funded by credit unions. |