COMMONWEALTH CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.ccuky.org for more information.
Sep, 30, 2025 — COMMONWEALTH CREDIT UNION is a federally insured state chartered credit union headquartered in Frankfort, KY with 18 branch locations and about $2.02 billion in total assets. Opened 75 years ago in 1951, COMMONWEALTH CREDIT UNION has about 117,262 members and employs 330 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COMMONWEALTH CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 978 Frankfort, KY 40602-0978 |
| Phone: | (502) 564-4775 |
| Fax: | |
| Website: | https://www.ccuky.org |
| Branches: | 18 branch locations |
| Members: | 117,262 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61437 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,017,659,689 |
| CEO/Manager: | Karen Harbin |
| Chairperson: | Randy Fawns |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 178,345,621 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 190,000 |
| Real Estate Loans | 720,154,965 |
| Unsecured Loans | 215,740,598 |
| Other Loans | 496,109,023 |
| TOTAL LOANS | 1,432,004,586 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,609,350 |
| Land And Building | 40,170,359 |
| Other Fixed Assets | 11,234,518 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 16,171,475 |
| All Other Assets | 153,463 |
| TOTAL ASSETS | 2,017,659,689 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 136,045 |
| Notes & Interest Payable | 60,000,000 |
| Accounts Payable & Other Liabilities | 43,597,700 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 83,550,809 |
| Regular shares | 1,211,204,062 |
| All Other Shares & Deposits | 440,741,877 |
| TOTAL SHARES & DEPOSITS | 1,735,496,748 |
| TOTAL LIABILITIES | 1,839,230,493 |
| Regular Reserve | 0 |
| Other Reserves | -50,194,764 |
| Undivided Earnings | 228,623,960 |
| TOTAL EQUITY | 178,429,196 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,017,659,689 |
| INCOME & EXPENSE | |
| Loan Income | 44,089,802 |
| Investment Income | 5,536,293 |
| Other Income | 7,944,531 |
| Total Employee Compensation & Benefits | 23,825,163 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 24,815,064 |
| Non-operating Income & (Expense) | 275,585 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,711,611 |
| Cost of Funds | 5,872,806 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 6,142,253 |
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