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.
Name: | KUE FEDERAL CREDIT UNION |
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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 |
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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 |
ASSETS: | $ Amount |
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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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