Ashland Credit Union


Overview / Commentary
606-329-5489
1300 Central Ave
Ashland, KY 41101

Ashland Credit Union is headquartered in ASHLAND and is the 9th largest credit union in the state of Kentucky. It is also the 909th largest credit union in the nation. It was established in 1942 and as of June of 2022, it had grown to 70 employees and 39,292 members at 4 locations. Ashland Credit Union has an A health rating.

Field of Membership Restrictions

Ashland CU is open to those who live, work, worship, or attend school in the FIVCO Area Development District (Kentucky counties of Boyd, Carter, Elliott, Greenup, and Lawrence) or the Bluegrass Area Development District (Kentucky counties of Anderson, Bourbon, Boyle, Clark, Estill, Fayette, Franklin, Garrard, Harrison, Jessamine, Lincoln, Madison, Mercer, Nicholas, Powell, Scott, and Woodford), as well as the Minnesota counties of Dakota, Hennepin, Ramsey, or Washington. Employees of more than 20 Employer Group companies are eligible for membership, as well as family members of current Ashland Credit Union members.
See current membership details

Reviews (1)

One Of The Best Banks In Ashland

Posted by: |

I would like to say Ashland CU is one of hte best credit unions in the area. The mobile app is a little bit buggy but works great!



Health

Health Grade Components

Overall
NCUA #61792
Year Chartered1942
Employees70
Primary Regulator
Profit Margin
Return on Assets - YTD1.07%
Return on Equity - YTD9.52%
Annual Interest Income$6.4MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$346.8MM$331.4MM
LoansQ2 2022vs Q2 2021$275.3MM$252.7MM
DepositsQ2 2022vs Q2 2021$291.5MM$281.1MM
Equity CapitalQ2 2022vs Q2 2021$39.0MM$38.0MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.6MM$1.4MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.1MM$617.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$79.00K
Rates

Rates for Ashland Credit Union are currently being reviewed.

Locations


Ashland Credit Union Locations
Branch Office1300 Central AveAshland, KY 41101-7550
Branch Office5475 Rings Rd Atrium II North Tower, 5th FloorDublin, OH 43017-7537
Branch Office8711 E Point Douglas Rd S Ste 101Cottage Grove, MN 55016-5031
Branch Office100 Valvoline WayLexington, KY 40509

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