COVE Credit Union Profile
Showing details for COVE Credit Union.
Credit Union Profile for: COVE
COVE
Headquarters Contact & Staff
Contact & Info
Phone: (859) 292-9000
Fax: (859) 426-5610
Founding Date: N/A
Website: HTTP://WWW.COVEFCU.COM
Personnel & Operations
President: Drees, Brian
Manager: Burns, Tom
FT Employees: 18
PT Employees: 1
Designations & Ratios
MDI Status: No
RBC Ratio: 0%
Membership Type: 98
Branches: 1
Hours: MONDAY - THUR 9 AM - 5 PM FRIDAY 9 AM - 6
Credit Union Profile Summary
COVE is a FCU Credit Union. With a total of 6,546 members [1], this institution manages approximately $80,259,610 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 15.35% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.99% [1].
Financial Snapshot
Performance Ratios
This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.
Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.
Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.
Four-Quarter Growth
Indicates change in total size. Positive growth means the credit union is expanding its operations.
Shows change in lending activity. Positive growth means they are actively increasing their lending business.
Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.
Headquarters Location & Map
Member Ratings & Reviews
Average Member Rating:
N/A / 5.0Total Approved Reviews:
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Branch Locations
Found 1 branches reported by COVE (Charter #19879).
Main Office
COVE FEDERAL CREDIT UNION Main Office
577 DUDLEY PIKE
Edgewood, KY 41017
Phone: (859) 292-9000
Services: Member Services, ATM, Drive-Thru