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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Transcend Credit Union

Transcend Credit Union

Fiscal year ending 2020. Filed on November 10, 2021.

3740 Bardstown Road
Louisville, Kentucky 40218

Transcend Credit Union (EIN: 61-0360420) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Transcend Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 9 out of 84 total employees. Among the employees shown here, the average compensation is $410,144. The highest compensated employee at Transcend Credit Union is Richard Reese with fiscal year 2020 compensation of $2,119,720. Transcend Credit Union changed its name from Transcend Credit Union fka Kentucky Telco Credit Union in 2018.

Revenue, expenses, and employee compensation

Revenue

$20,170,536

Expenses

$17,896,615

Employee compensation

$7,249,988
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Reese
President and Chief Executive Officer
$2,119,720
$1,431,938 No related comp$687,782
Vickie Shellenberg
Executive Vice President
$405,866
$322,377 No related comp$83,489
Donna Workman
Senior Vice President and Chief Financial Officer
$253,886
$202,336 No related comp$51,550
Branden Bledsoe
Vice President, Operations
$222,848
$182,192 No related comp$40,656
Matthew Holbrook
Chief Lending Officer
$163,454
$138,257 No related comp$25,197
James Stopher
Chief Retail Banking Officer
$147,047
$123,564 No related comp$23,483
Charles Newman
Information Technology Director
$140,631
$121,445 No related comp$19,186
Paula Jackson
Human Resources Director
$119,310
$105,023 No related comp$14,287
Terri Berg
Regional Branch Manager
$118,530
$103,784 No related comp$14,746

Benchmark Employee Compensation

Non-Employee Board Members

Cindy Hall
Board Member
Cora Brown
Board Member
Doug O'Connell
Board Member AS of JUNE 2020
Jackie White
Secretary
Kevin Roberts
Vice Chair
Mark Booker
Chair
Richard Dowdell
Treasurer
Sheryl Distler
Board Member
Tom Mueller
Board Member Through MAY 2020
Vanessa Haulk
Board Member

Contractors

Jack Henry & Associates Inc.
Software Core Processor
$415,580
Matrix Integration LLC
Computer Network Maintenance
$272,169
Qsi Inc.
Cash Recyclers and ATM
$143,632
Jarboe Contracting
Construction
$112,639
My Cu Mortgage
Mortgage Loan App Processing
$108,136

Mission Statement

THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS.

Revisions to this organization profile

October 7, 2025:
2024 Transcend Credit Union 990 filed
November 11, 2024:
2023 Transcend Credit Union 990 filed
November 14, 2023:
2022 Transcend Credit Union 990 filed

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