Sep, 30, 2022 — CREDIT UNION OF ATLANTA is a federally insured state chartered credit union headquartered in ATLANTA, GA with 2 branch locations and about $84.74 million in total assets. Opened 95 years ago in 1928, CREDIT UNION OF ATLANTA has about 14,854 members and employs 32 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 |
---|---|
Address: (Main Office) | 670 Metropolitan Pkwy SW ATLANTA, GA 30310 |
Phone: | (404) 658-6465 |
Fax: | (404) 658-7906 |
Website: | https://www.cuatlanta.org |
Branches: | 2 branch locations |
Members: | 14,854 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67383 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1928 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $84,743,991 |
CEO/Manager: | Allen M Upchurch, Jr. |
Chairperson: | Reginald Grant |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 18,962,151 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 7,914,547 |
Unsecured Loans | 5,802,912 |
Other Loans | 26,539,657 |
TOTAL LOANS | 40,257,116 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -419,599 |
Land And Building | 1,139,336 |
Other Fixed Assets | 311,788 |
NCUSIF Deposit | 732,265 |
All Other Assets | 44,453 |
TOTAL ASSETS | 84,743,991 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 922,296 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 17,391,619 |
Regular shares | 46,714,916 |
All Other Shares & Deposits | 12,638,391 |
TOTAL SHARES & DEPOSITS | 76,744,926 |
TOTAL LIABILITIES | 77,667,222 |
Regular Reserve | 0 |
Other Reserves | -2,679,727 |
Undivided Earnings | 9,756,496 |
TOTAL EQUITY | 7,076,769 |
TOTAL LIABILITIES, SHARES, & EQUITY | 84,743,991 |
INCOME & EXPENSE | |
Loan Income | 1,398,388 |
Investment Income | 387,561 |
Other Income | 1,732,230 |
Total Employee Compensation & Benefits | 1,478,691 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,946,928 |
Non-operating Income & (Expense) | -518 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 181,518 |
Cost of Funds | 50,438 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 217,979 |
↑ Back to Top |