Overview / Commentary
Members Choice CU (KY) is headquartered in ASHLAND and is the 11th largest credit union in the state of Kentucky. It is also the 1,018th largest credit union in the nation. It was established in 1932 and as of December of 2019, it had grown to 50 employees and 19,544 members at 4 locations. Members Choice CU (KY) has an A+ health rating.
Field of Membership Restrictions
Members Choice Credit Union offers membership to those who live, work, attend school, or worship in the Kentucky FIVCO area (Boyd, Carter, Elliot, Greenup and Lawrence Counties).
See current membership details
Health
A+
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62026 |
| Year Chartered | 1932 |
| Employees | 50 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.86% |
| Return on Equity - YTD | 6.87% |
| Annual Interest Income | $9.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $222.3MM$208.6MM |
| Loans | Q4 2019vs Q4 2018 | $153.2MM$146.1MM |
| Deposits | Q4 2019vs Q4 2018 | $194.7MM$183.7MM |
| Equity Capital | Q4 2019vs Q4 2018 | $27.3MM$24.6MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $1.6MM$2.1MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $1.2MM$1.6MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $271.00K$349.00K |