Sep, 30, 2025 — CLASS ACT FEDERAL CREDIT UNION is a federal credit union headquartered in LOUISVILLE, KY with 6 branch locations and about $336.75 million in total assets. Opened 72 years ago in 1954, CLASS ACT FEDERAL CREDIT UNION has about 22,896 members and employs 89 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CLASS ACT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3620 Fern Valley Rd LOUISVILLE, KY 40219-1917 |
| Phone: | (502) 964-7575 |
| Fax: | (502) 966-2061 |
| Website: | https://www.classact.org |
| Branches: | 6 branch locations |
| Members: | 22,896 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9106 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $336,745,000 |
| CEO/Manager: | Tom Anonson |
| Chairperson: | Ruth Ann Reteneller |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 33,624,788 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 104,175,767 |
| Unsecured Loans | 28,842,436 |
| Other Loans | 100,339,600 |
| TOTAL LOANS | 233,357,803 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,612,488 |
| Land And Building | 5,219,141 |
| Other Fixed Assets | 1,751,647 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,729,314 |
| All Other Assets | 145,403 |
| TOTAL ASSETS | 336,745,000 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,471,895 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 71,043,201 |
| Regular shares | 82,070,400 |
| All Other Shares & Deposits | 142,250,563 |
| TOTAL SHARES & DEPOSITS | 295,364,162 |
| TOTAL LIABILITIES | 298,836,057 |
| Regular Reserve | 0 |
| Other Reserves | 968,833 |
| Undivided Earnings | 36,940,110 |
| TOTAL EQUITY | 37,908,943 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 336,745,000 |
| INCOME & EXPENSE | |
| Loan Income | 11,234,588 |
| Investment Income | 1,871,994 |
| Other Income | 1,922,415 |
| Total Employee Compensation & Benefits | 4,486,811 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 5,374,601 |
| Non-operating Income & (Expense) | -1,528 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,640,000 |
| Cost of Funds | 3,130,899 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,042,437 |
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