Dec, 31, 2023 — EASTERN KENTUCKY FEDERAL CREDIT UNION is a federal credit union headquartered in PRESTONSBURG, KY with 1 branch location and about $6.45 million in total assets. Opened 55 years ago in 1969, EASTERN KENTUCKY FEDERAL CREDIT UNION has about 1,331 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EASTERN KENTUCKY FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 550 N Lake Dr PRESTONSBURG, KY 41653 |
Phone: | (606) 263-4956 |
Fax: | (606) 263-4957 |
Website: | https://www.ekyfcu.com |
Branches: | 1 branch locations |
Members: | 1,331 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 19280 |
---|---|
Membership Type: | Service - Communications and Utilities |
Corporate Credit Union: | No |
Year Opened: | 1969 |
Last Audited: | Apr 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $6,452,518 |
CEO/Manager: | Felicia Woody |
Chairperson: | Jennifer L Osborne |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,174,036 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 244,287 |
Unsecured Loans | 1,199,531 |
Other Loans | 3,114,217 |
TOTAL LOANS | 4,558,035 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -61,832 |
Land And Building | 132,888 |
Other Fixed Assets | 50,432 |
NCUSIF Deposit | 71,775 |
All Other Assets | 0 |
TOTAL ASSETS | 6,452,518 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,685 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,136,047 |
Regular shares | 1,849,950 |
All Other Shares & Deposits | 3,003,041 |
TOTAL SHARES & DEPOSITS | 5,989,037 |
TOTAL LIABILITIES | 5,991,722 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 460,796 |
TOTAL EQUITY | 460,796 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,452,518 |
INCOME & EXPENSE | |
Loan Income | 372,669 |
Investment Income | 18,939 |
Other Income | 136,038 |
Total Employee Compensation & Benefits | 180,733 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 172,894 |
Non-operating Income & (Expense) | 942 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 123,162 |
Cost of Funds | 89,272 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -37,109 |
↑ Back to Top |