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COCA-COLA FEDERAL CREDIT UNION

Mar, 31, 2022 — COCA-COLA FEDERAL CREDIT UNION is a federal credit union headquartered in ATLANTA, GA with 1 branch location and about $232.14 million in total assets. Opened 57 years ago in 1965, COCA-COLA FEDERAL CREDIT UNION has about 12,007 members and employs 35 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 261071564
Name:COCA-COLA FEDERAL CREDIT UNION
Address:
(Main Office)
1 Coca Cola Plz NW
ATLANTA, GA 30313-2420
Phone:(404) 676-2586
Fax:(404) 598-5864
Website:http://creditunion.coca-cola.com
Branches:1 branch locations
Members:12,007
Credit Union Type:Federal Credit Union
Charter Number:17017
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1965
Last Audited:Dec 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$232,138,566
CEO/Manager:Rob Hatefi
Chairperson:Ivor Longo

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 39,498,839
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 74,444,063
 Unsecured Loans 8,511,442
 Other Loans 69,354,110
 TOTAL LOANS 152,309,615
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -965,552
 Land And Building 0
 Other Fixed Assets 138,925
 NCUSIF Deposit 1,761,583
 All Other Assets 0
  TOTAL ASSETS 232,138,566
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,311,321
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 69,912,538
 Regular shares 103,992,046
 All Other Shares & Deposits 36,186,155
  TOTAL SHARES & DEPOSITS 210,090,739
  TOTAL LIABILITIES 211,402,060
 Regular Reserve 0
 Other Reserves -3,105,119
 Undivided Earnings 23,841,625
  TOTAL EQUITY 20,736,506
  TOTAL LIABILITIES, SHARES, & EQUITY 232,138,566
INCOME & EXPENSE  
 Loan Income 1,431,681
 Investment Income 95,336
 Other Income 104,064
 Total Employee Compensation & Benefits 828,875
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 511,180
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 25,364
 Cost of Funds 92,372
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 375,309
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