Jun, 30, 2024 — 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 60 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.
| 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 |
| 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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