MOREHEAD COMMUNITY Credit Union Profile

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MOREHEAD COMMUNITY

Charter #23070 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (606) 784-2201

Fax: (606) 784-2202

Founding Date: N/A

Website: http://www.moreheadcommunity.com

Personnel & Operations

President: Smith, Darrell

Manager: Alcorn, Mike

FT Employees: 11

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 1

Hours: 9:00am to 4:00pm M-Th 9:00am to 5:00pm F

Credit Union Profile Summary

MOREHEAD COMMUNITY is a FCU Credit Union. With a total of 4,356 members [1], this institution manages approximately $60,359,627 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 12.78% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 10.76% [1].

Financial Snapshot

Total Assets [1]
$60,359,627

Total economic resources.

Total Loans [1]
$27,934,297

Total value of outstanding loans.

Total Deposits [1]
$52,475,690

Total funds deposited by members.

Members [1]
4,356

Number of active members.

Performance Ratios

Net Worth Ratio [1]
12.78%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.78%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
53.23%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 9.39%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↑ 10.76%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 1.63%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

503 W Main St

Morehead, KY, 40351-1539
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 1 branches reported by MOREHEAD COMMUNITY (Charter #23070).

Main Office

503 West Main Main Office

Type: Corporate Office

503 W Main St

Morehead, KY 40351-1539

Phone: (606) 784-2201

Services: Member Services, ATM, Drive-Thru

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