Dec, 31, 2023 — CREDIT UNION OF ATLANTA is a federally insured state chartered credit union headquartered in ATLANTA, GA with 1 branch location and about $80.07 million in total assets. Opened 96 years ago in 1928, CREDIT UNION OF ATLANTA has about 14,129 members and employs 31 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CREDIT UNION OF ATLANTA |
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Address: (Main Office) | 670 Metropolitan Pkwy SW ATLANTA, GA 30310 |
Phone: | (404) 658-6465 |
Fax: | (404) 658-7906 |
Website: | https://www.cuatlanta.org |
Branches: | 1 branch locations |
Members: | 14,129 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67383 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1928 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $80,067,940 |
CEO/Manager: | Debra Collins |
Chairperson: | Reginald Grant |
ASSETS: | $ Amount |
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Cash & Equivalents | 11,141,127 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 10,276,191 |
Unsecured Loans | 6,641,888 |
Other Loans | 28,584,665 |
TOTAL LOANS | 45,502,744 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -521,247 |
Land And Building | 1,103,331 |
Other Fixed Assets | 301,472 |
NCUSIF Deposit | 733,248 |
All Other Assets | 119,938 |
TOTAL ASSETS | 80,067,940 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 8,598 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,454,877 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 14,979,791 |
Regular shares | 43,201,799 |
All Other Shares & Deposits | 12,273,207 |
TOTAL SHARES & DEPOSITS | 70,454,797 |
TOTAL LIABILITIES | 71,918,272 |
Regular Reserve | 0 |
Other Reserves | -2,203,218 |
Undivided Earnings | 10,352,886 |
TOTAL EQUITY | 8,149,668 |
TOTAL LIABILITIES, SHARES, & EQUITY | 80,067,940 |
INCOME & EXPENSE | |
Loan Income | 2,349,289 |
Investment Income | 883,350 |
Other Income | 2,204,584 |
Total Employee Compensation & Benefits | 2,136,488 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,088,203 |
Non-operating Income & (Expense) | 490,110 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 199,292 |
Cost of Funds | 110,160 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 725,010 |
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