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COCA-COLA FEDERAL CREDIT UNION

Dec, 31, 2022 — COCA-COLA FEDERAL CREDIT UNION is a federal credit union headquartered in ATLANTA, GA with 1 branch location and about $211.77 million in total assets. Opened 58 years ago in 1965, COCA-COLA FEDERAL CREDIT UNION has about 12,014 members and employs 38 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:https://creditunion.coca-cola.com
Branches:1 branch locations
Members:12,014
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, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$211,773,448
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 10,013,208
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 71,302,757
 Unsecured Loans 8,337,267
 Other Loans 82,259,395
 TOTAL LOANS 161,899,419
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,004,168
 Land And Building 0
 Other Fixed Assets 72,941
 NCUSIF Deposit 1,644,080
 All Other Assets 0
  TOTAL ASSETS 211,773,448
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 9,000,000
 Accounts Payable & Other Liabilities 941,060
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 55,288,387
 Regular shares 94,679,239
 All Other Shares & Deposits 33,907,356
  TOTAL SHARES & DEPOSITS 183,874,982
  TOTAL LIABILITIES 193,816,042
 Regular Reserve 0
 Other Reserves -6,314,875
 Undivided Earnings 24,272,281
  TOTAL EQUITY 17,957,406
  TOTAL LIABILITIES, SHARES, & EQUITY 211,773,448
INCOME & EXPENSE  
 Loan Income 4,272,395
 Investment Income 427,100
 Other Income 314,480
 Total Employee Compensation & Benefits 2,483,818
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,766,647
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 253,115
 Cost of Funds 313,189
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 805,964
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