Sep, 30, 2025 — OWENSBORO FEDERAL CREDIT UNION is a federal credit union headquartered in OWENSBORO, KY with 3 branch locations and about $88.84 million in total assets. Opened 73 years ago in 1953, OWENSBORO FEDERAL CREDIT UNION has about 6,082 members and employs 18 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | OWENSBORO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 717 Harvard Dr OWENSBORO, KY 42301-6185 |
| Phone: | (270) 683-1054 |
| Fax: | (270) 685-3987 |
| Website: | https://www.ofcuonline.com |
| Branches: | 3 branch locations |
| Members: | 6,082 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8988 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $88,835,362 |
| CEO/Manager: | Doris M Berry |
| Chairperson: | James Cook |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 21,668,053 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 16,024,804 |
| Unsecured Loans | 1,866,848 |
| Other Loans | 19,873,027 |
| TOTAL LOANS | 37,764,679 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -92,385 |
| Land And Building | 1,144,461 |
| Other Fixed Assets | 104,569 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 760,042 |
| All Other Assets | 0 |
| TOTAL ASSETS | 88,835,362 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,797 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 769,943 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 14,739,321 |
| Regular shares | 37,430,764 |
| All Other Shares & Deposits | 24,045,722 |
| TOTAL SHARES & DEPOSITS | 76,215,807 |
| TOTAL LIABILITIES | 76,988,547 |
| Regular Reserve | 0 |
| Other Reserves | 2,466,405 |
| Undivided Earnings | 9,380,410 |
| TOTAL EQUITY | 11,846,815 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 88,835,362 |
| INCOME & EXPENSE | |
| Loan Income | 1,377,578 |
| Investment Income | 1,292,269 |
| Other Income | 561,005 |
| Total Employee Compensation & Benefits | 909,572 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 984,129 |
| Non-operating Income & (Expense) | 18,371 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 66,117 |
| Cost of Funds | 370,666 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 933,916 |
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