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UK Federal Credit Union completes Cove merger

PRIVATEApr 01, 2026

Acquiring Company

UK Federal Credit Union

Acquired Company

Cove Federal Credit Union

LexingtonTexasFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

UK Federal Credit Union and Cove Federal Credit Union have successfully completed their merger on April 1, 2026. This merger aims to enhance sustainability, growth, and access for members. Both organizations worked closely to ensure a smooth transition for Cove members. UK Federal Credit Union will now operate 8 branches serving over 118,000 members.

Quick answer

UK Federal Credit Union is acquiring Cove Federal Credit Union, announced April 1, 2026. UK Federal Credit Union is based in Lexington, Kentucky, United States.

How much did UK Federal Credit Union pay for Cove Federal Credit Union?
The deal value was not disclosed.
What does UK Federal Credit Union do?
UK Federal Credit Union is a community-based financial cooperative that provides various banking services to its members.
Where are UK Federal Credit Union and Cove Federal Credit Union based?
UK Federal Credit Union is based in Lexington, Kentucky, United States. Cove Federal Credit Union is based in Texas, United States.
Who are the decision-makers at UK Federal Credit Union?
Fundz holds 1 contact at UK Federal Credit Union. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

UK Federal Credit Union

Location

Lexington, Kentucky, United States

About

UK Federal Credit Union is a community-based financial cooperative that provides various banking services to its members. They are focused on supporting financial wellness and community growth. The credit union emphasizes member education and convenient banking options.

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Frequently asked

Who acquired Cove Federal Credit Union?

Cove Federal Credit Union was acquired by UK Federal Credit Union, based in Lexington. The deal was reported on April 1, 2026. UK Federal Credit Union is a community-based financial cooperative that provides various banking services to its members. They are focused on supporting financial wellness and community growth. UK Federal Credit Union is privately held and operates in Financial Services.

When did UK Federal Credit Union acquire Cove Federal Credit Union?

UK Federal Credit Union's acquisition of Cove Federal Credit Union was reported on April 1, 2026. UK Federal Credit Union and Cove Federal Credit Union have successfully completed their merger on April 1, 2026. This merger aims to enhance sustainability, growth, and access for members. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cove Federal Credit Union do?

Cove Federal Credit Union is a member-focused financial institution dedicated to providing a wide range of banking services. They emphasize personalized service and community involvement. It is privately held, operating in Financial Services, and is based in Texas.

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