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BLUEGRASS COMMUNITY FEDERAL CREDIT UNION

Mar, 31, 2022 — BLUEGRASS COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in ASHLAND, KY with 1 branch location and about $11.28 million in total assets. Opened 64 years ago in 1958, BLUEGRASS COMMUNITY FEDERAL CREDIT UNION has about 1,892 members and employs 5 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:http://www.bluegrasscreditunion.com
Branches:1 branch locations
Members:1,892
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$11,282,708
CEO/Manager:Robert J Bradley
Chairperson:James A Martin

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,297,884
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 460,835
 Unsecured Loans 1,012,909
 Other Loans 7,979,709
 TOTAL LOANS 9,453,453
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -77,849
 Land And Building 214,896
 Other Fixed Assets 16,593
 NCUSIF Deposit 91,940
 All Other Assets 0
  TOTAL ASSETS 11,282,708
LIABILITIES & CAPITAL:  
 Dividends Payable 2,090
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 253,611
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 821,255
 Regular shares 6,224,662
 All Other Shares & Deposits 3,093,048
  TOTAL SHARES & DEPOSITS 10,138,965
  TOTAL LIABILITIES 10,394,666
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 888,042
  TOTAL EQUITY 888,042
  TOTAL LIABILITIES, SHARES, & EQUITY 11,282,708
INCOME & EXPENSE  
 Loan Income 163,601
 Investment Income 309
 Other Income 25,942
 Total Employee Compensation & Benefits 52,312
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 90,663
 Non-operating Income & (Expense) 4,806
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -11,826
 Cost of Funds 8,022
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 77,065
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