ATL FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.atlfcu.com for more information.
Dec, 31, 2023 — ATL FEDERAL CREDIT UNION is a federal credit union headquartered in WYOMING, MI with 1 branch location and about $15.26 million in total assets. Opened 68 years ago in 1956, ATL FEDERAL CREDIT UNION has about 1,800 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ATL FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 841 36TH ST SW WYOMING, MI 49509-3543 |
Phone: | (616) 257-4285 |
Fax: | (616) 249-3666 |
Website: | https://www.atlfcu.com |
Branches: | 1 branch locations |
Members: | 1,800 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24827 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | May 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $15,263,402 |
CEO/Manager: | Robert C Shane |
Chairperson: | Johanna Barrett |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,961,357 |
TOTAL INVESTMENTS | 3,244,119 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,750,971 |
Unsecured Loans | 630,701 |
Other Loans | 6,842,144 |
TOTAL LOANS | 9,223,816 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -117,193 |
Land And Building | 299,302 |
Other Fixed Assets | 19,260 |
NCUSIF Deposit | 127,161 |
All Other Assets | 505,580 |
TOTAL ASSETS | 15,263,402 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,567 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | -116,093 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,846,012 |
Regular shares | 6,812,876 |
All Other Shares & Deposits | 4,539,329 |
TOTAL SHARES & DEPOSITS | 14,198,217 |
TOTAL LIABILITIES | 14,083,691 |
Regular Reserve | 556,000 |
Other Reserves | 28,619 |
Undivided Earnings | 595,092 |
TOTAL EQUITY | 1,179,711 |
TOTAL LIABILITIES, SHARES, & EQUITY | 15,263,402 |
INCOME & EXPENSE | |
Loan Income | 503,282 |
Investment Income | 93,331 |
Other Income | 182,397 |
Total Employee Compensation & Benefits | 221,717 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 466,214 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,622 |
Cost of Funds | 219,509 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -96,680 |
↑ Back to Top |