Sep, 30, 2025 — CHEMCO FEDERAL CREDIT UNION is a federal credit union headquartered in BARDSTOWN, KY with 1 branch location and about $19.20 million in total assets. Opened 59 years ago in 1967, CHEMCO FEDERAL CREDIT UNION has about 2,231 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CHEMCO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1008 TEMPLIN AVE BARDSTOWN, KY 40004 |
| Phone: | (502) 348-8130 |
| Fax: | (502) 348-6960 |
| Website: | https://www.okhfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,231 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18172 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $19,195,039 |
| CEO/Manager: | Jordan R Russell |
| Chairperson: | Charles R Morris |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,237,977 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,907,079 |
| Unsecured Loans | 804,694 |
| Other Loans | 8,263,313 |
| TOTAL LOANS | 12,975,087 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -42,288 |
| Land And Building | 298,702 |
| Other Fixed Assets | 47,000 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 169,659 |
| All Other Assets | 0 |
| TOTAL ASSETS | 19,195,039 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 10,613 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -8,776 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,834,645 |
| Regular shares | 9,010,697 |
| All Other Shares & Deposits | 3,979,310 |
| TOTAL SHARES & DEPOSITS | 16,824,652 |
| TOTAL LIABILITIES | 16,826,489 |
| Regular Reserve | 0 |
| Other Reserves | 411,382 |
| Undivided Earnings | 1,957,168 |
| TOTAL EQUITY | 2,368,550 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 19,195,039 |
| INCOME & EXPENSE | |
| Loan Income | 642,670 |
| Investment Income | 178,572 |
| Other Income | 230,127 |
| Total Employee Compensation & Benefits | 403,335 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 496,488 |
| Non-operating Income & (Expense) | 6,600 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 71,922 |
| Cost of Funds | 72,010 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 26,277 |
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