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
| Name | Title | Compensation | Date of data |
|---|
| Richard Reese | President and Chief Executive Officer | $1,766,719 | 2022-12-31 |
| Donna Workman | Senior Vice President and Chief Financial Officer | $153,919 | 2022-12-31 |
| James Stopher | Chief Retail Banking Officer | $138,202 | 2022-12-31 |
| Phillip Dysinger | Chief Experience Officer | $166,233 | 2022-12-31 |
| Charles Newman | Director of It | $132,634 | 2022-12-31 |
| ...and 9 more key personnel |
Financials for Transcend Credit Union
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $18,543,141 | $17,768,861 | 4.4% |
| Investment income and dividends | $1,050,697 | $935,456 | 12.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-43,951 | $5,748 | -864.6% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $260,424 | $193,302 | 34.7% |
| Total revenues | $19,810,311 | $18,903,367 | 4.8% |
Organizations like Transcend Credit Union
| Organization | Type | Location | Revenue |
|---|
| Infuze Credit Union | 501(c)(14) | Waynesville, MO | $19,866,849 |
| Arsenal Credit Union (ACU) | 501(c)(14) | Arnold, MO | $21,467,724 |
| Alden Credit Union | 501(c)(14) | Chicopee, MA | $7,263,216 |
| Cooperativa de Ahorro Y Credito Hatillo | 501(c)(14) | Hatillo, PR | $7,701,719 |
| Valley Credit Union / Valley Financial Credit Union | 501(c)(14) | Billings, MT | $21,078,059 |
| Indiana University Credit Union | 501(c)(14) | Bloomington, IN | $56,693,244 |
| Greater Kentucky Credit Union | 501(c)(14) | Lexington, KY | $5,100,885 |
| Oklahomas Credit Union | 501(c)(14) | Oklahoma City, OK | $35,089,977 |
| Cornerstone Credit Union | 501(c)(14) | Freeport, IL | $6,965,510 |
| Mainstreet Credit Union | 501(c)(14) | Lenexa, KS | $16,948,261 |
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/Â
- 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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