Dec, 31, 2023 — KEMBA LOUISVILLE CREDIT UNION is a federally insured state chartered credit union headquartered in LOUISVILLE, KY with 1 branch location and about $58.19 million in total assets. Opened 90 years ago in 1934, KEMBA LOUISVILLE CREDIT UNION has about 4,346 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KEMBA LOUISVILLE CREDIT UNION |
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Address: (Main Office) | 4017 Poplar Level Rd LOUISVILLE, KY 40213-1523 |
Phone: | (502) 459-1411 |
Fax: | (502) 459-4528 |
Website: | https://kembaky.org |
Branches: | 1 branch locations |
Members: | 4,346 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 62358 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1934 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $58,193,626 |
CEO/Manager: | Timothy A Head |
Chairperson: | Mark A Edwards |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,715,787 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,625,378 |
Unsecured Loans | 2,614,550 |
Other Loans | 8,557,475 |
TOTAL LOANS | 13,797,403 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -118,470 |
Land And Building | 286,894 |
Other Fixed Assets | 62,928 |
NCUSIF Deposit | 480,589 |
All Other Assets | 0 |
TOTAL ASSETS | 58,193,626 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 313,157 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 10,635,207 |
Regular shares | 25,692,530 |
All Other Shares & Deposits | 9,999,025 |
TOTAL SHARES & DEPOSITS | 46,326,762 |
TOTAL LIABILITIES | 46,639,919 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 11,553,707 |
TOTAL EQUITY | 11,553,707 |
TOTAL LIABILITIES, SHARES, & EQUITY | 58,193,626 |
INCOME & EXPENSE | |
Loan Income | 1,017,229 |
Investment Income | 960,852 |
Other Income | 341,044 |
Total Employee Compensation & Benefits | 734,134 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 999,966 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 262,194 |
Cost of Funds | 241,748 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 155,447 |
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