Company Information

Get to know Abound Credit Union

Originally founded in 1950 as the Fort Knox Federal Credit Union to serve military and civilian employees, the institution rebranded to Abound Credit Union in 2020 to reflect its expanded field of membership. As a not-for-profit financial cooperative, its mission is to improve the financial lives of its member-owners by providing quality financial solutions, including savings and checking accounts, mortgages, auto loans, and investment services. Abound focuses on serving communities throughout central Kentucky with an emphasis on financial education and community involvement.

Industry

Financial BankingPRIMARY
Financial Other Service

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Abound Credit Union

United States

Founded in

1950 (76 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.