GREENUP COUNTY FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://gcfcreditunion.virtualcu.net for more information.
Dec, 31, 2022 — GREENUP COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in RUSSELL, KY with 1 branch location and about $4.38 million in total assets. Opened 48 years ago in 1975, GREENUP COUNTY FEDERAL CREDIT UNION has about 531 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GREENUP COUNTY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 433 RUSSELL, KY 41169 |
| Phone: | (606) 836-9932 |
| Fax: | (606) 836-4280 |
| Website: | https://gcfcreditunion.virtualcu.net |
| Branches: | 1 branch locations |
| Members: | 531 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22139 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1975 |
| Last Audited: | Sep 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,383,331 |
| CEO/Manager: | Sierra D Rice |
| Chairperson: | ALICE K THOMPSON |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,226,914 |
| TOTAL INVESTMENTS | 1,836,614 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 322,775 |
| Other Loans | 971,545 |
| TOTAL LOANS | 1,294,320 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -56,953 |
| Land And Building | 42,312 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 37,279 |
| All Other Assets | 2,845 |
| TOTAL ASSETS | 4,383,331 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 7,454 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,625 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,776,791 |
| All Other Shares & Deposits | 56,066 |
| TOTAL SHARES & DEPOSITS | 3,832,857 |
| TOTAL LIABILITIES | 3,841,936 |
| Regular Reserve | 24,981 |
| Other Reserves | 0 |
| Undivided Earnings | 516,414 |
| TOTAL EQUITY | 541,395 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,383,331 |
| INCOME & EXPENSE | |
| Loan Income | 84,191 |
| Investment Income | 57,044 |
| Other Income | 2,524 |
| Total Employee Compensation & Benefits | 62,084 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 38,964 |
| Non-operating Income & (Expense) | 64 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 29,825 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 12,950 |
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