Sep, 30, 2025 — BLUEGRASS COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in ASHLAND, KY with 1 branch location and about $13.78 million in total assets. Opened 68 years ago in 1958, BLUEGRASS COMMUNITY FEDERAL CREDIT UNION has about 1,851 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BLUEGRASS COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2321 Carter Ave ASHLAND, KY 41101 |
| Phone: | (606) 324-0888 |
| Fax: | (606) 324-0898 |
| Website: | https://www.bluegrasscreditunion.com |
| Branches: | 1 branch locations |
| Members: | 1,851 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12648 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $13,779,131 |
| CEO/Manager: | Matt D Bell |
| Chairperson: | James A Martin |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,988,271 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 174,143 |
| Unsecured Loans | 617,376 |
| Other Loans | 7,501,026 |
| TOTAL LOANS | 8,292,545 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -94,851 |
| Land And Building | 210,225 |
| Other Fixed Assets | 35,087 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 126,259 |
| All Other Assets | 0 |
| TOTAL ASSETS | 13,779,131 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 38 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 665,323 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 691,510 |
| Regular shares | 4,810,304 |
| All Other Shares & Deposits | 6,328,465 |
| TOTAL SHARES & DEPOSITS | 11,830,279 |
| TOTAL LIABILITIES | 12,495,640 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,283,491 |
| TOTAL EQUITY | 1,283,491 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 13,779,131 |
| INCOME & EXPENSE | |
| Loan Income | 526,253 |
| Investment Income | 134,614 |
| Other Income | 118,719 |
| Total Employee Compensation & Benefits | 210,911 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 273,684 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,000 |
| Cost of Funds | 247,358 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 86,339 |
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