Cornerstone Blog

Set Your Financial Journey

Abound's Origin Story

  • October 20,2023
  • Abound Staff Authors
  • 3 Minute Read

Our focus is always on you and your financial success.

In November 1950, less than two weeks after Armistice Day, which is now known as Veterans Day, ten founders saw a need to provide affordable financing to their colleagues. This group of people could easily fit into a small conference room and despite having no opportunity to profit directly, everyone agreed to contribute $100 to form a credit union. Their goal was simple: to create a financial cooperative with the goal of helping people achieve more.

For more than seven decades, we’ve continued that mission. Our name has changed over the years and the solutions we provide have expanded, but the reason we exist remains the same. The Credit Union was originally called Fort Knox Civilian Employees Federal Credit Union before the name changed to Fort Knox Federal Credit Union in 1960 when our charter was changed to accept military personnel in addition to civilian employees. In 2020, Fort Knox Federal Credit Union changed its name to Abound Credit Union to help everyone within our field of membership understand they could join and enjoy the money-saving benefits we offer.

Over the past 70+ years, we’ve added branches across a wide swath of Kentucky. As a leader in Financial Educational in the state, we have 17 locations and more than 130,000 Members. We're proud to serve our military community and provide valuable banking solutions to help hardworking Kentucky families thrive. Today, we offer affordable Home Loans, Consumer Loans and Business Loans, along with convenient Digital Banking, Free Checking Accounts, early paydays, and some of the best rates around for savers.  

As a Financial Education leaders, we’re reaching thousands of students from elementary school through college each year through our expanding programs. We offer free educational resources to adults through annual events like Veterans 2 Entrepreneurs, our partnerships with Baptist Health Hardin and Elizabethtown Community & Technical College’s Military Education Association, the interactive learning modules available on our website and much more.  

While a lot has changed over the years, our commitment to helping you achieve more remains the same. We’re for Kentuckians like you! We’re looking look forward to finding even more ways to serve our loyal Members in the future. Thank you for being an important part of Abound’s story. We can’t wait to see how much more we can accomplish together.


Your Free Checking gives you access to a wide range of helpful money management tools.