Business Details
50+ Years
experience
Your Trusted Credit Union in Western Kentucky
Founded in 1971 to serve employees of the B.F. Goodrich Chemical plant, Lake Chem Community Federal Credit Union has grown to serve all of Western Kentucky. As a not-for-profit cooperative, we prioritize member needs through competitive financial products and personalized service. Our community charter expansion in 2025 now includes 13 counties, reflecting our commitment to accessible banking. With branches in Draffenville, Calvert City, and Murray, we combine local expertise with modern solutions like Zelle for seamless money transfers. Our NCUA-insured deposits and 24/7 ATM access ensure security and convenience. Over five decades, we've maintained financial stability while expanding services to include home loans, personal loans, and specialized savings accounts.Our team of experienced professionals delivers tailored financial guidance, emphasizing transparency and member education. From our initial focus on a single workplace to serving diverse communities, we remain dedicated to ethical banking practices. Our history of charter expansions demonstrates responsiveness to regional needs, while maintaining operational efficiency. This enduring commitment positions us as a trusted partner for individuals and businesses across Western Kentucky.
Services
Share Savings Accounts
Personal Loans
Home Loans
Debit Cards
Zelle Transfers
Certificate Accounts
Online Banking
Mobile Banking
Loan Calculators
Bill Pay Services
Details
- Year established: 1971
Highlights and features
- Member-owned cooperative focused on community financial wellness
- NCUA-insured deposits with competitive interest rates
- Local decision-making across 13 Western Kentucky counties
- Modern banking tools including Zelle and mobile check deposit
- 24/7 ATM access at all branch locations
Associations and certifications
- NCUA
What people say
BEST bankers ever
Experienced patient staff
Easy car-buying experience
Friendly personable service
Community-focused approach
Services
Share Savings Accounts
Our Share Savings Accounts offer competitive interest rates with no monthly maintenance fees. Members earn dividends while maintaining easy access to funds. Minimum $5 deposit required to open, with free online and mobile banking tools for convenient management.
Home Loans
We provide fixed and adjustable-rate mortgages with personalized guidance from experienced loan officers. Competitive rates for first-time buyers and refinancing options available. Local underwriting ensures faster approval processes for Western Kentucky properties.
Personal Loans
Flexible personal loans available for debt consolidation, major purchases, or emergency expenses. No prepayment penalties with terms up to 60 months. Quick approval process and immediate fund availability upon closing.
Zelle Transfers
Send and receive money instantly using Zelle integrated within our mobile banking app. Transfer funds directly between bank accounts within minutes, with no additional app downloads required for members.
Certificate Accounts
Time deposit certificates with guaranteed returns and terms from 6 months to 5 years. Special promotional rates available for qualified depositors with automatic renewal options at maturity.
People
Mark Shoulta
Chairperson
Overseeing strategic direction with 15+ years of board leadership experience in credit union governance and financial oversight.
Connie Evans
CEO
Leading daily operations with expertise in financial services management and community development initiatives across Western Kentucky.
Holly Casteel
Branch Manager
Managing Murray branch operations with specialization in consumer lending and member relationship development.
Danny Davis
Director
Providing governance oversight with focus on risk management and regulatory compliance for sustainable growth.
Amber Joiner
Operations Manager
Handling operational efficiency and repossessed asset management with 10 years of credit union experience.
Questions
Who can join Lake Chem Credit Union?
Residents, workers, worshippers, and students in 13 Western Kentucky counties, plus local businesses.
What loan types do you offer?
We provide home loans, personal loans, auto loans, and specialized financing options.
Is my money insured?
Yes, all deposits are NCUA-insured up to $250,000.
How do I report a lost card?
Call 855-961-1602 immediately for card replacement assistance.
Do you offer mobile banking?
Yes, our mobile app includes Zelle transfers, mobile check deposit, and account management.
Can I schedule loan appointments online?
Use our online form to request appointments with lending specialists.
Reviews (5)
Lewis Skirvin
Nov 22, 2021
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Been with them over 22 years never late and never missed a payment and they couldnt give me a 2500.00 loan are a car. so im done with them Signet and CFSB will be my banks from now on
Jeremiah Decker
Oct 05, 2021
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Ultra fast, they informed us of some extra cash we had there today as a courtesy. Of course we made the trip and have had nothing but good things by using them.
Brenda Brewster
Mar 15, 2021
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This bank has the most compassionate employees Ive ever encountered in a
bank /credit union . They have gone over and above the normal service to help a close family member of mine with her accounts. Special thanks to Joni for her patience and her compassionate treatment .
bank /credit union . They have gone over and above the normal service to help a close family member of mine with her accounts. Special thanks to Joni for her patience and her compassionate treatment .
Rebecca Blanchard
Jan 22, 2021
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I love the friendliness of the employees. I love the atmosphere of the place. I appreciate that you always ask for IDnumber; however, I hate giving the last four of my Social security number where others can hear it. Please consider making it that we have the option of using another ID number. Thank you very much!
Brandon Larimer
Jul 07, 2020
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Always go above and beyond to help you in any way . Never dealt with anyone that wasn’t extremely friendly!
