At Blue Grass Federal we listen to our customers and try to help them choose the product best suited for their specific need. We offer a variety of Certificates of Deposit, Checking accounts, Savings accounts and Loans. Stop in to open your account with one of our knowledgable account representatives or call to make an appointment with a loan officer today!


pot of money
Certificates of Deposit (CDs) provide guaranteed safety and return on investments. Blue Grass Federal offers a variety of investment options for CDs.

  • Interest rates vary according to investment amount and length of term
  • Increase your earnings by compounding the interest (automatically deposit the interest back into the CD)
  • Receive interest by check or transfer into a Blue Grass Federal Checking or Savings account or Money Market Deposit account
  • Interest is paid monthly, quarterly, semi-annualy or at maturity
  • Renewal notices are mailed two weeks prior to maturity. You have seven days from maturity to renew, re-write or close the CD without being assessed a penalty

Call or visit us for information on current CD rates and specials.


Make your next checking account a Blue Grass Federal checking account! We offer two types of checking accounts, as well as many tools to make transfers and balancing easier and more convenient. See us about opening your checking account today!checking account

Blue Grass Basic
The Blue Grass Basic Checking account requires an initial deposit of $100.00. A $5.00 fee will be assessed each statement cycle if the balance falls below $100.00 any day during that cycle. Stop in today to open an account and be sure to ask about a debit card for your new Blue Grass Basic Checking account!

Blue Grass Plus
Blue Grass Plus is our interest bearing checking account. A minimum deposit of $1,000 is required to open this account. A balance of $1,000 must be maintained to avoid an $8.00 fee per statement cycle. Interest earned is credited into the account. Fees may reduce earnings on these accounts. Call or visit us to find out more.


In troubled economic times such as these, there’s one thing you can count on — your money is safe with Blue Grass Federal. The Federal Deposit Insurance Corporation guarantees your funds are safe and secure. Choose from our Basic Savings or Money Market account and watch your money grow! Call us today!

Regular Savingsdesk with board that says savings account
Plan for the future — start a Savings account today! We offer a basic Savings account for customers of any age. This Savings account permits six withdrawals per month and requires $50.00 to open. Contact us for more information.

Money Market
Our Money Market account is a great option for customers who like to save for life’s unexpected events. This statement Savings account requires $1,000.00 to open, allows 6 withdrawals per month and earns interest at a slightly higher rate than our Basic Savings. A fee of $5.00 will be assessed if the balance drops below $1,000.00. Stop in or phone us for more information.


Home and auto loans
A strong background in lending, local service and local decision making, as well as our knowledgable lending staff makes Blue Grass Federal the perfect choice for your next loan! Phone us or stop in to speak with one of our loan officers about your financing needs.

Personal Loan
We offer a variety of personal loans with flexible terms to qualified applicants.

For prompt, one-on-one service on your next personal loan, contact our lending department.

Looking to finance a new home? Look no further than Blue Grass Federal Savings & Loan. After all, the word “loan” is in our name! Blue Grass Federal’s lending staff has the knowledge and expertise to advise you.

  • We offer competitive rates.
  • We work with the customer to place them with the options best suited for thier needs.

At Blue Grass Federal we are committed to excellence — our lending department is no exception. Give us a call!

Line of Credit
Building a new home? Adding on to your existing home? Then our Line of Credit loan is the perfect choice! We offer secured and unsecured lines of credit for qualified applicants. Our Lines of Credit offer customers the choice to draw the money as they need it. Stop in to find out more!



Blue Grass Federal Savings & Loan would like to let our customers know that we are here to support those that have been impacted by COVID-19. Learn more