Jun, 30, 2024 — GENUINE PARTS CREDIT UNION is a federally insured state chartered credit union headquartered in NORCROSS, GA with 1 branch location and about $14.61 million in total assets. Opened 88 years ago in 1937, GENUINE PARTS CREDIT UNION has about 1,495 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GENUINE PARTS CREDIT UNION |
|---|---|
| Address: (Main Office) | 5420 Peachtree Industrial Blvd NORCROSS, GA 30071 |
| Phone: | (770) 246-4362 |
| Fax: | (770) 246-4482 |
| Website: | https://www.gpcu.net |
| Branches: | 1 branch locations |
| Members: | 1,495 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67382 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $14,608,568 |
| CEO/Manager: | Holly D McPherson |
| Chairperson: | Randy J Bodine |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,451,196 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 456,915 |
| Other Loans | 1,809,672 |
| TOTAL LOANS | 2,266,587 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -75,684 |
| Land And Building | 0 |
| Other Fixed Assets | 4,533 |
| NCUSIF Deposit | 112,409 |
| All Other Assets | 0 |
| TOTAL ASSETS | 14,608,568 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 149,878 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 78,818 |
| Regular shares | 11,445,399 |
| All Other Shares & Deposits | 313,237 |
| TOTAL SHARES & DEPOSITS | 11,837,454 |
| TOTAL LIABILITIES | 11,987,332 |
| Regular Reserve | 0 |
| Other Reserves | 225,768 |
| Undivided Earnings | 2,395,468 |
| TOTAL EQUITY | 2,621,236 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 14,608,568 |
| INCOME & EXPENSE | |
| Loan Income | 97,753 |
| Investment Income | 417,572 |
| Other Income | 5,450 |
| Total Employee Compensation & Benefits | 257,942 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 111,767 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 108,917 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 46,759 |
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