Credit Unions Near Me
National Credit Union Service Organization

CLASS ACT FEDERAL CREDIT UNION

Jun, 30, 2021 — CLASS ACT FEDERAL CREDIT UNION is a federal credit union headquartered in Louisville, KY with 5 branch locations and about $301.73 million in total assets. Opened 67 years ago in 1954, CLASS ACT FEDERAL CREDIT UNION has about 19,524 members and employs 71 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:http://www.classact.org
Branches:5 branch locations
Members:19,524
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, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$301,731,957
CEO/Manager:Lynn Huether
Chairperson:Jeremy Hudson

Call Report

  • Credit Builder
  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 80,009,156
TOTAL INVESTMENTS 49,804,913
Loans Held for Sale 0
 
 Real Estate Loans 72,781,742
 Unsecured Loans 18,310,388
 Other Loans 56,602,960
 TOTAL LOANS 147,695,090
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -811,158
 Land And Building 5,828,097
 Other Fixed Assets 1,802,564
 NCUSIF Deposit 2,412,139
 All Other Assets 14,991,156
  TOTAL ASSETS 301,731,957
LIABILITIES & CAPITAL:  
 Dividends Payable 385
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,753,880
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 73,724,346
 Regular shares 100,453,167
 All Other Shares & Deposits 101,259,579
  TOTAL SHARES & DEPOSITS 275,437,092
  TOTAL LIABILITIES 277,191,357
 Regular Reserve 2,054,052
 Other Reserves -1,978,544
 Undivided Earnings 24,465,092
  TOTAL EQUITY 24,540,600
  TOTAL LIABILITIES, SHARES, & EQUITY 301,731,957
INCOME & EXPENSE  
 Loan Income 3,692,745
 Investment Income 345,181
 Other Income 881,736
 Total Employee Compensation & Benefits 2,008,957
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,629,971
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -50,000
 Cost of Funds 635,429
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 782,695
↑ Back to Top

Other Credit Unions

MSD FEDERAL CREDIT UNION
700 W LIBERTY ST
LOUISVILLE, KY 40203-1911
LOUVAH FEDERAL CREDIT UNION
VA MEDICAL CENTER, 800 ZORN AVE
LOUISVILLE, KY 40206
LOUISVILLE GAS AND ELECTRIC COMPANY CREDIT UNION
PO Box 32040
LOUISVILLE, KY 40232
RURAL COOPERATIVES CREDIT UNION
PO Box 32170
LOUISVILLE, KY 40232-2170
LOUISVILLE FEDERAL CREDIT UNION
PO Box 33303
LOUISVILLE, KY 40232-3303
BROWN-FORMAN EMPLOYEES CREDIT UNION
850 DIXIE HWY
LOUISVILLE, KY 40210-1038
CHEMCO FEDERAL CREDIT UNION
4200 BELLS LN
LOUISVILLE, KY 40211-2147
KEMBA LOUISVILLE CREDIT UNION
4017 Poplar Level Rd
LOUISVILLE, KY 40213-1523
BEACON COMMUNITY CREDIT UNION
7910 National Turnpike
LOUISVILLE, KY 40214
AUTOTRUCK FINANCIAL CREDIT UNION
7651 Jefferson Green Way
LOUISVILLE, KY 40219