Overview / Commentary
Transcend Credit Union is headquartered in Louisville and is the 7th largest credit union in the state of Kentucky. It is also the 708th largest credit union in the nation. It was established in 1934 and as of March of 2025, it had grown to 65 employees and 48,724 members at 6 locations. Transcend Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership in Transcend Credit Union is open to those who live, work, worship, attend school, or volunteer in the Kentucky counties of Anderson, Bourbon, Boyle, Bullitt, Clark, Daviess, Estill, Fayette, Franklin, Garrard, Harrison, Henry, Jefferson, Jessamine, Lincoln, Madison, Mercer, Nicholas, Oldham, Powell, Scott, Shelby, Spencer, Trimble, or Woodford.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68666 |
| Year Chartered | 1934 |
| Employees | 65 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.94% |
| Return on Equity - YTD | 7.33% |
| Annual Interest Income | $6.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $553MM$529.6MM |
| Loans | Q1 2025vs Q1 2024 | $390.1MM$370.1MM |
| Deposits | Q1 2025vs Q1 2024 | $449.2MM$429.7MM |
| Equity Capital | Q1 2025vs Q1 2024 | $69.9MM$64.7MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $773K$644K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $619K$386K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |