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KUE FEDERAL CREDIT UNION

Dec, 31, 2023 — KUE FEDERAL CREDIT UNION is a federal credit union headquartered in LEXINGTON, KY with 1 branch location and about $52.25 million in total assets. Opened 48 years ago in 1976, KUE FEDERAL CREDIT UNION has about 2,975 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 242186258
Name:KUE FEDERAL CREDIT UNION
Address:
(Main Office)
1 Quality St
LEXINGTON, KY 40507-1428
Phone:(859) 367-1230
Fax:(859) 367-1157
Website:https://www.kuefcu.com
Branches:1 branch locations
Members:2,975
Credit Union Type:Federal Credit Union
Charter Number:22478
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1976
Last Audited:Sep 01, 2023
FHLB Member:Yes
Low Income Designation:No
Assets:$52,254,751
CEO/Manager:Stephanie Gillis
Chairperson:Chris Disponette

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,539,272
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 8,754,949
 Unsecured Loans 2,547,819
 Other Loans 6,383,241
 TOTAL LOANS 17,686,008
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -47,443
 Land And Building 0
 Other Fixed Assets 65,687
 NCUSIF Deposit 463,409
 All Other Assets 0
  TOTAL ASSETS 52,254,751
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 246,599
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 7,540,425
 Regular shares 26,294,960
 All Other Shares & Deposits 10,877,282
  TOTAL SHARES & DEPOSITS 44,712,666
  TOTAL LIABILITIES 44,959,265
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 7,295,486
  TOTAL EQUITY 7,295,486
  TOTAL LIABILITIES, SHARES, & EQUITY 52,254,751
INCOME & EXPENSE  
 Loan Income 789,652
 Investment Income 875,378
 Other Income 31,782
 Total Employee Compensation & Benefits 466,362
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 775,747
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 11,323
 Cost of Funds 369,016
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 365,774
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