Transcend Credit Union is headquartered in Louisville and is the 7th largest credit union in the state of Kentucky. It is also the 702nd largest credit union in the nation. It was established in 1934 and as of September of 2021, it had grown to 72 employees and 48,835 members at 6 locations. Transcend Credit Union has an A+ health rating.
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
This has been a great local bank to work with. The employees were very friendly and it did have the local bank feel, instead of the long-wait or the operator-based customer service one would typically expect with larger banks. The wait time was never very long, and there were never really any lines at the bank. The best thing I really like was the feeling that there were never any hidden fees, which is very different than a lot of other banks I have encountered. As far as the products go, I believe they do offer a rather competitive package, although without the lucrative bonuses, or referral kick-backs. But overall, I enjoyed working with this bank, its friendly and professional employees, and the warm atmosphere. I would suggest anyone to bank here, but the only issue is that you may not live conveniently next to one, and may be better served by a national chain bank which is more practical.
|Return on Assets - YTD||0.5%|
|Return on Equity - YTD||4.22%|
|Annual Interest Income||$8.5MM|
|Assets and Liabilities|
|Assets||Q3 2021vs Q3 2020||$490.7MM$456.4MM|
|Loans||Q3 2021vs Q3 2020||$327.5MM$295.2MM|
|Deposits||Q3 2021vs Q3 2020||$418.9MM$389.9MM|
|Equity Capital||Q3 2021vs Q3 2020||$57.4MM$54.8MM|
|Loan Loss Allowance||Q3 2021vs Q3 2020||$656.00K$949.00K|
|Unbacked Noncurrent Loans||Q3 2021vs Q3 2020||$332.00K$374.00K|
|Real Estate Owned||Q3 2021vs Q3 2020||$0$0|
Rates for Transcend Credit Union are currently being reviewed.
|Transcend Credit Union Locations|
|Branch Office||4652 Dixie Hwy||Shively, KY 40216|
|Branch Office||4816 Outer Loop||Louisville, KY 40219-3302|
|Branch Office||3740 Bardstown Rd||Louisville, KY 40218-2209|
|Branch Office||601 S Floyd St Ste 100||Louisville, KY 40202|
|Branch Office||2549 Regency Rd Ste 105||Lexington, KY 40503|
|Branch Office||12104 Shelbyville Rd||Louisville, KY 40243-1045|