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COCA-COLA FEDERAL CREDIT UNION

Dec, 31, 2023 — COCA-COLA FEDERAL CREDIT UNION is a federal credit union headquartered in ATLANTA, GA with 3 branch locations and about $216.21 million in total assets. Opened 59 years ago in 1965, COCA-COLA FEDERAL CREDIT UNION has about 12,988 members and employs 39 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 261071564
Name:COCA-COLA FEDERAL CREDIT UNION
Address:
(Main Office)
1 Coca Cola Plz NW
ATLANTA, GA 30313-2420
Phone:(404) 676-2586
Fax:(404) 598-5864
Website:https://creditunion.coca-cola.com
Branches:3 branch locations
Members:12,988
Credit Union Type:Federal Credit Union
Charter Number:17017
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1965
Last Audited:Dec 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$216,212,557
CEO/Manager:Rob Hatefi
Chairperson:Robin Moore

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,305,461
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 65,782,110
 Unsecured Loans 11,066,797
 Other Loans 78,261,871
 TOTAL LOANS 155,110,778
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -986,296
 Land And Building 0
 Other Fixed Assets 239,823
 NCUSIF Deposit 1,628,166
 All Other Assets 0
  TOTAL ASSETS 216,212,557
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 12,547,619
 Accounts Payable & Other Liabilities 999,579
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 48,541,359
 Regular shares 83,879,971
 All Other Shares & Deposits 49,531,926
  TOTAL SHARES & DEPOSITS 181,953,256
  TOTAL LIABILITIES 195,529,036
 Regular Reserve 0
 Other Reserves -5,150,907
 Undivided Earnings 25,834,428
  TOTAL EQUITY 20,683,521
  TOTAL LIABILITIES, SHARES, & EQUITY 216,212,557
INCOME & EXPENSE  
 Loan Income 6,927,271
 Investment Income 1,256,796
 Other Income 373,085
 Total Employee Compensation & Benefits 3,863,789
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,365,038
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 245,634
 Cost of Funds 1,415,735
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,430,239
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