EIN 61-0360420

Transcend Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
86
Year formed
1934
Most recent tax filings
2023-12-01
Description
Transcend Credit Union promotes thrift and provides credit to its members through offering mortgage, vehicle, and consumer loans. Additionally, the Credit Union offers credit life and disability insurance to its members when they finance a vehicle or open a credit card.
Also known as...
Kentucky Telco Credit Union; Kentucky Telco Credit Union
Total revenues
$24,482,564
2023
Total expenses
$21,395,568
2023
Total assets
$519,269,898
2023
Num. employees
86
2023

Program areas at Transcend Credit Union

Transcend Credit Union (the "Credit Union") is a state chartered cooperative association organized for the purpose of promoting thrift among and creating a source of Credit for its members. The Credit Union provides mortgage, vehicle and other consumer loans to its members. The Credit Union also offers a variety of accounts for members to transact and save, including share draft accounts and share certificates. As a member-owned organization, the Credit Union strives to provide competitive interest and dividend rates to its members and convenient ways for members to access their accounts, including online and mobile banking and shared branching services.
The Credit Union offers auto warranties at fair prices to its members. These warranties are comprehensive and help with the costs of repair of the vehicle.
The Credit Union offers Credit life and disability insurance to its members when they finance a vehicle or open a Credit card. This insurance would pay off the loan in the case of a death or disability.

Personnel at Transcend Credit Union

NameTitleCompensation
Richard ReesePresident and Chief Executive Officer$1,766,719
Donna WorkmanSenior Vice President and Chief Financial Officer$153,919
James StopherChief Retail Banking Officer$138,202
Phillip DysingerChief Experience Officer$166,233
Charles NewmanDirector of It$132,634
...and 10 more key personnel

Financials for Transcend Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$21,153,577
Investment income and dividends$2,954,090
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$11,037
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$363,860
Total revenues$24,482,564

Form 990s for Transcend Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-04990View PDF
2020-122021-11-09990View PDF
2019-122021-06-08990View PDF
2018-122019-12-06990View PDF
...and 3 more Form 990s

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Oklahoma Educators Credit Union (OECU)Oklahoma City, OK$17,887,015
Panhandle Credit UnionPanama City, FL$12,428,355
Cooperativa de Ahorro Y Credito de IsabelaIsabela, PR$21,144,677
SunWest Credit UnionPueblo, CO$8,082,151
Cooperativa de Ahorro y Credito Cristobal Rodriguez HidalgoCoamo, PR$13,057,590
Cooperativa de Ahorro Y Credito de FloridaFlorida, PR$6,828,154
Streator Onized Credit UnionStreator, IL$27,275,166
Dupage Credit UnionNaperville, IL$30,736,632
Data update history
April 22, 2024
Posted financials
Added Form 990N for fiscal year 2023
January 22, 2024
Updated personnel
Identified 1 new personnel
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
September 3, 2023
Updated personnel
Identified 5 new personnel
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
3740 Bardstown Rd
Louisville, KY 40218
Metro area
Louisville/Jefferson County, KY-IN
County
Jefferson County, KY
Website URL
transcendcu.com/ 
Phone
(502) 459-3000
IRS details
EIN
61-0360420
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1934
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
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