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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 2024. Filed on October 7, 2025.

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 2024 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 83 total employees. Among the employees shown here, the average compensation is $346,266. The highest compensated employee at Transcend Credit Union is Richard Reese with fiscal year 2024 compensation of $1,227,505. Transcend Credit Union changed its name from Transcend Credit Union fka Kentucky Telco Credit Union in 2018.

Revenue, expenses, and employee compensation

Revenue

$30,810,736

Expenses

$26,570,337

Employee compensation

$7,785,067
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Reese
President and Chief Executive Officer
$1,227,505
$813,887 No related comp$413,618
Vickie Shellenberg
Executive Vice President
$432,006
$344,749 No related comp$87,257
Branden Bledsoe
Senior Vice President, Operations
$302,210
$263,373 No related comp$38,837
Matthew Lancaster
Vp/Finance and Controller
$253,072
$217,562 No related comp$35,510
Matthew Holbrook
Chief Lending Officer
$227,377
$211,983 No related comp$15,394
James Stopher
Chief Retail Banking Officer
$190,419
$166,212 No related comp$24,207
Charles Newman
Information Technology Director
$177,628
$152,375 No related comp$25,253
Melissa Eskew
Chief Administrative Officer
$161,878
$144,128 No related comp$17,750
Paula Jackson
Human Resources Director
$144,299
$127,948 No related comp$16,351

Benchmark Employee Compensation

Non-Employee Board Members

Cindy Hall
Board Member
Cora Brown
Board Member
Doug O'Connell
Board Member
Jackie White
Secretary
Kevin Roberts
Board Member
Mark Booker
Chair
Richard Dowdell
Vice Chair
Sheryl Distler
Treasurer
Vanessa Haulk
Board Member

Contractors

Jack Henry & Associates
Software Core Processor
$638,414
Qsi Inc.
Cash Recyclers and ATM
$328,916
Matrix Integration LLC
Computer Network Maintenance
$199,287
Level 3 Communications
Communications Provider
$154,407
Matly Digital Solutions LLC
Print Marketing
$129,728

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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