Credit union opens first Jefferson County branch

Fort Knox Federal Credit Union opened its first Jefferson County branch Monday.

Fort Knox Federal Credit Union's newest location is next to Meijer in Valley Station.

Adjacent to Meijer at 9915 Dixie Highway in Valley Station, it is the credit union’s 14th location. Fort Knox Federal is the largest Kentucky-based credit union in the state with more than $1 billion in assets and has more than 78,000 members worldwide.

“Expanding our branch operations into Jefferson County, particularly Valley Station, is a natural result of the increase in membership and assets Fort Knox Federal has enjoyed over the last few years,” said Bill Rissel, president and CEO of Fort Knox Federal. “A significant number of our members commute between Louisville and the Fort Knox area, so having branches where they both work and live is a tremendous convenience for them.”

Fort Knox Federal is the only credit union with offices both on and off the Fort Knox military post. Membership is open to the public.

The new Valley Station branch features full member service operations including mortgage and loan processing, free ATM services, drive-through and in-branch teller service along with the latest in technology including online banking at self-service computer kiosks.

Design Build Concepts managed the construction project and used area subcontractors to keep much of the economic benefit of the project in the area.

In 2010, Fort Knox Federal opened two new branches, one in Hodgenville and another in the post’s U.S. Army’s Human Resources Center of Excellence complex, and opened replacement free-standing branches in Brandenburg and Danville.

A free-standing branch in Bardstown opened earlier this year, replacing a Kroger branch first opened in 1996.

Fort Knox Federal Credit Union is a not-for-profit financial service cooperative insured by NCUA for individual deposits up to $250,000 per share account with unlimited insurance coverage on checking accounts.