Eastern Kentucky Federal Credit Union
Overview / Commentary
Eastern Kentucky Federal Credit Union is headquartered in Prestonsburg and is the 54th largest credit union in the state of Kentucky. It is also the 4,354th largest credit union in the nation. It was established in 1969 and as of June of 2020, it had grown to 4 employees and 752 members at 1 location. Eastern Kentucky Federal Credit Union has a C health rating.
Field of Membership Restrictions
Eastern Kentucky Federal Credit Union is open to all employees, retirees, and their immediate family members of Kentucky West Virginia Gas Company and Select Employee Groups.
See current membership details
Health
C
Data as of Q2 2020
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Eastern Kentucky Federal Credit Union has a very low asset base, and a negative return on assets.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 19280 |
| Year Chartered | 1969 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -3.08% |
| Return on Equity - YTD | -40% |
| Annual Interest Income | $156.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $6.5MM$5.5MM |
| Loans | Q2 2020vs Q2 2019 | $4.0MM$4.0MM |
| Deposits | Q2 2020vs Q2 2019 | $6.0MM$4.8MM |
| Equity Capital | Q2 2020vs Q2 2019 | $495.00K$673.00K |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $73.00K$75.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $158.00K$215.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |