Sep, 30, 2025 — THE HEALTH & EDUCATION FEDERAL CREDIT UNION is a federal credit union headquartered in LEXINGTON, KY with 2 branch locations and about $119.44 million in total assets. Opened 70 years ago in 1956, THE HEALTH & EDUCATION FEDERAL CREDIT UNION has about 12,173 members and employs 28 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | THE HEALTH & EDUCATION FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 424 Park Pl LEXINGTON, KY 40511-1829 |
| Phone: | (859) 231-8262 |
| Fax: | (859) 254-3253 |
| Website: | https://www.thefcu.com |
| Branches: | 2 branch locations |
| Members: | 12,173 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10800 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $119,438,659 |
| CEO/Manager: | JOE C STAFF |
| Chairperson: | David Riel |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 13,093,344 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 23,816,731 |
| Unsecured Loans | 2,422,403 |
| Other Loans | 17,967,336 |
| TOTAL LOANS | 44,206,470 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -194,714 |
| Land And Building | 363,906 |
| Other Fixed Assets | 313,821 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 970,828 |
| All Other Assets | 0 |
| TOTAL ASSETS | 119,438,659 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 60,341 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 230,460 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 29,266,153 |
| Regular shares | 64,448,006 |
| All Other Shares & Deposits | 6,221,209 |
| TOTAL SHARES & DEPOSITS | 99,935,368 |
| TOTAL LIABILITIES | 100,226,169 |
| Regular Reserve | 0 |
| Other Reserves | -1,214,091 |
| Undivided Earnings | 20,426,581 |
| TOTAL EQUITY | 19,212,490 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 119,438,659 |
| INCOME & EXPENSE | |
| Loan Income | 1,854,676 |
| Investment Income | 1,879,973 |
| Other Income | 155,393 |
| Total Employee Compensation & Benefits | 897,486 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 975,207 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 157,756 |
| Cost of Funds | 214,545 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,925,674 |
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