Sep, 30, 2025 — YOUNG COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in LOUISVILLE, KY with 1 branch location and about $755,281 in total assets. Opened 3 years ago in 2023, YOUNG COMMUNITY FEDERAL CREDIT UNION has about 159 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | YOUNG COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2200 Greene Way LOUISVILLE, KY 40220 |
| Phone: | (502) 208-6610 |
| Fax: | |
| Website: | https://youngcommunitycreditunion.o |
| Branches: | 1 branch locations |
| Members: | 159 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24950 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 2023 |
| Last Audited: | Jan 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $755,281 |
| CEO/Manager: | Anthony Young |
| Chairperson: | Michael Huelett |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 435,686 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 5,030 |
| Other Loans | 141,281 |
| TOTAL LOANS | 146,311 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,926 |
| Land And Building | 37,749 |
| Other Fixed Assets | 34,814 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 0 |
| All Other Assets | 0 |
| TOTAL ASSETS | 755,281 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 52 |
| Notes & Interest Payable | 250,000 |
| Accounts Payable & Other Liabilities | 1,465 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 249,074 |
| Regular shares | 64,515 |
| All Other Shares & Deposits | 134,327 |
| TOTAL SHARES & DEPOSITS | 447,916 |
| TOTAL LIABILITIES | 699,433 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 55,848 |
| TOTAL EQUITY | 55,848 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 755,281 |
| INCOME & EXPENSE | |
| Loan Income | 4,547 |
| Investment Income | 0 |
| Other Income | 3,246 |
| Total Employee Compensation & Benefits | 100,902 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 28,187 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,726 |
| Cost of Funds | 3,786 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -106,223 |
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