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COCA-COLA FEDERAL CREDIT UNION

Mar, 31, 2021 — COCA-COLA FEDERAL CREDIT UNION is a federal credit union headquartered in ATLANTA, GA with 1 branch location and about $231.35 million in total assets. Opened 56 years ago in 1965, COCA-COLA FEDERAL CREDIT UNION has about 14,675 members and employs 39 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)
P. O. BOX 1734
ATLANTA, GA 30301
Phone:(404) 676-2586
Fax:(404) 598-5864
Website:http://creditunion.coca-cola.com
Branches:1 branch locations
Members:14,675
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:$231,352,026
CEO/Manager:Rob Hatefi
Chairperson:Ivor Longo

Call Report

  • Interest Only or Payment Option 1st Mortgage Loans
  • Overdraft Lines of Credit
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Check Cashing
  • First Time Homebuyer Program
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 39,476,087
TOTAL INVESTMENTS 48,112,360
Loans Held for Sale 456,897
 
 Real Estate Loans 83,503,509
 Unsecured Loans 9,615,856
 Other Loans 46,927,484
 TOTAL LOANS 140,046,849
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,008,642
 Land And Building 0
 Other Fixed Assets 247,561
 NCUSIF Deposit 1,689,048
 All Other Assets 2,331,866
  TOTAL ASSETS 231,352,026
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,854,966
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 71,484,419
 Regular shares 101,552,897
 All Other Shares & Deposits 34,203,031
  TOTAL SHARES & DEPOSITS 207,240,347
  TOTAL LIABILITIES 209,095,313
 Regular Reserve 2,074,762
 Other Reserves -319,881
 Undivided Earnings 20,501,832
  TOTAL EQUITY 22,256,713
  TOTAL LIABILITIES, SHARES, & EQUITY 231,352,026
INCOME & EXPENSE  
 Loan Income 1,383,874
 Investment Income 71,626
 Other Income 151,577
 Total Employee Compensation & Benefits 862,689
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 516,852
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 25,576
 Cost of Funds 110,821
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 391,879
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