Credit Unions Near Me
National Credit Union Service Organization

K I T FEDERAL CREDIT UNION

Jun, 30, 2021 — K I T FEDERAL CREDIT UNION is a federal credit union headquartered in Louisville, KY with 1 branch location and about $17.18 million in total assets. Opened 56 years ago in 1965, K I T FEDERAL CREDIT UNION has about 1,975 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:K I T FEDERAL CREDIT UNION
Address:
(Main Office)
9711 Linn Station Rd
Louisville, KY 40223
Phone:(502) 459-9286
Fax:(502) 458-7038
Website:http://www.kitfcu.org
Branches:1 branch locations
Members:1,975
Credit Union Type:Federal Credit Union
Charter Number:16947
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1965
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$17,183,745
CEO/Manager:Barbara M Leonhardt
Chairperson:Scott Malony

Call Report

  • Credit Builder
  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,079,071
TOTAL INVESTMENTS 4,467,905
Loans Held for Sale 0
 
 Real Estate Loans 3,647,902
 Unsecured Loans 1,068,538
 Other Loans 4,927,173
 TOTAL LOANS 9,643,613
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -47,372
 Land And Building 781,303
 Other Fixed Assets 43,027
 NCUSIF Deposit 146,109
 All Other Assets 70,089
  TOTAL ASSETS 17,183,745
LIABILITIES & CAPITAL:  
 Dividends Payable 11,138
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 109,726
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,103,001
 Regular shares 4,562,037
 All Other Shares & Deposits 7,577,817
  TOTAL SHARES & DEPOSITS 15,242,855
  TOTAL LIABILITIES 15,363,719
 Regular Reserve 360,455
 Other Reserves 0
 Undivided Earnings 1,459,571
  TOTAL EQUITY 1,820,026
  TOTAL LIABILITIES, SHARES, & EQUITY 17,183,745
INCOME & EXPENSE  
 Loan Income 296,491
 Investment Income 25,793
 Other Income 110,648
 Total Employee Compensation & Benefits 259,891
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 180,378
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -16,115
 Cost of Funds 29,260
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 44,904
↑ Back to Top

Other Credit Unions

LOUVAH FEDERAL CREDIT UNION
VA MEDICAL CENTER, 800 ZORN AVE
LOUISVILLE, KY 40206
MSD FEDERAL CREDIT UNION
700 W LIBERTY ST
LOUISVILLE, KY 40203-1911
LOUISVILLE GAS AND ELECTRIC COMPANY CREDIT UNION
PO Box 32040
LOUISVILLE, KY 40232
RURAL COOPERATIVES CREDIT UNION
PO Box 32170
LOUISVILLE, KY 40232-2170
LOUISVILLE FEDERAL CREDIT UNION
PO Box 33303
LOUISVILLE, KY 40232-3303
BROWN-FORMAN EMPLOYEES CREDIT UNION
850 DIXIE HWY
LOUISVILLE, KY 40210-1038
KEMBA LOUISVILLE CREDIT UNION
4017 Poplar Level Rd
LOUISVILLE, KY 40213-1523
BEACON COMMUNITY CREDIT UNION
7910 National Turnpike
LOUISVILLE, KY 40214
JEFFERSON COUNTY FEDERAL CREDIT UNION
P.O. Box 22289
LOUISVILLE, KY 40252-0289
TRANSCEND CREDIT UNION
P. O. Box 18303
LOUISVILLE, KY 40261-0303