Sep, 30, 2025 — KENNEDY VA EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in MEMPHIS, TN with 1 branch location and about $25.81 million in total assets. Opened 78 years ago in 1948, KENNEDY VA EMPLOYEES FEDERAL CREDIT UNION has about 3,347 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: | KENNEDY VA EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1030 Jefferson Ave MEMPHIS, TN 38104 |
| Phone: | (901) 523-8990 |
| Fax: | |
| Website: | https://www.kennedyvaefcu.org |
| Branches: | 1 branch locations |
| Members: | 3,347 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5811 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $25,809,614 |
| CEO/Manager: | Margie Johnson |
| Chairperson: | Dave Fairley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,623,902 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,179 |
| Unsecured Loans | 1,212,182 |
| Other Loans | 8,207,078 |
| TOTAL LOANS | 9,420,439 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -136,244 |
| Land And Building | 0 |
| Other Fixed Assets | 7,839 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 216,826 |
| All Other Assets | 23,247 |
| TOTAL ASSETS | 25,809,614 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 124,894 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,768,700 |
| Regular shares | 15,115,629 |
| All Other Shares & Deposits | 3,951,810 |
| TOTAL SHARES & DEPOSITS | 21,836,139 |
| TOTAL LIABILITIES | 21,961,033 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,848,581 |
| TOTAL EQUITY | 3,848,581 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 25,809,614 |
| INCOME & EXPENSE | |
| Loan Income | 456,267 |
| Investment Income | 468,859 |
| Other Income | 149,905 |
| Total Employee Compensation & Benefits | 369,800 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 482,414 |
| Non-operating Income & (Expense) | 105 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 172,848 |
| Cost of Funds | 133,635 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -83,561 |
| ↑ Back to Top | |