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CREDIT UNION OF ATLANTA

Jun, 30, 2021 — CREDIT UNION OF ATLANTA is a federally insured state chartered credit union headquartered in Atlanta, GA with 2 branch locations and about $84.02 million in total assets. Opened 93 years ago in 1928, CREDIT UNION OF ATLANTA has about 15,515 members and employs 36 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 Parkway SW
Atlanta, GA 30310
Phone:(404) 658-6465
Fax:(404) 658-7906
Website:http://www.cuatlanta.org
Branches:2 branch locations
Members:15,515
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, 2019
FHLB Member:No
Low Income Designation:No
Assets:$84,018,520
CEO/Manager:Allen M Upchurch, Jr.
Chairperson:Reginald Grant

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 27,865,772
TOTAL INVESTMENTS 14,431,140
Loans Held for Sale 0
 
 Real Estate Loans 5,244,442
 Unsecured Loans 7,695,378
 Other Loans 26,323,046
 TOTAL LOANS 39,262,866
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -552,848
 Land And Building 1,137,713
 Other Fixed Assets 336,622
 NCUSIF Deposit 682,881
 All Other Assets 854,374
  TOTAL ASSETS 84,018,520
LIABILITIES & CAPITAL:  
 Dividends Payable 1
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 844,754
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 18,121,147
 Regular shares 44,223,087
 All Other Shares & Deposits 12,746,591
  TOTAL SHARES & DEPOSITS 75,090,825
  TOTAL LIABILITIES 75,935,580
 Regular Reserve 1,516,470
 Other Reserves 313,907
 Undivided Earnings 6,252,563
  TOTAL EQUITY 8,082,940
  TOTAL LIABILITIES, SHARES, & EQUITY 84,018,520
INCOME & EXPENSE  
 Loan Income 994,448
 Investment Income 100,519
 Other Income 1,330,970
 Total Employee Compensation & Benefits 1,018,565
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,340,813
 Non-operating Income & (Expense) 3,499
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 71,959
 Cost of Funds 33,847
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 143,110
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