Atlanta Postal Credit Union is headquartered in Atlanta and is the 2nd largest credit union in the state of Georgia. It is also the 78th largest credit union in the nation. It was established in 1925 and as of March of 2014, it had grown to 165 employees and 106,787 members. Atlanta Postal Credit Union's savings rates are 3X the national average, and it has a A health rating.
You are eligible to join if you are employed by, retired from or associated with any of the companies, organizations or associations with established Atlanta Postal CU relationship. Additionally, membership is open to any family members who are related by blood, marriage or adoption to active or retired employees of eligible companies, organizations or associations. The employee or retiree you are related to or residing with need not be a member of the Credit Union in order for you to join. - See Details
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The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Atlanta Postal Credit Union had $4.77 million in non-current loans and owned real-estate with $245.13 million in equity and loan loss allowances on hand to cover it. This gives Atlanta Postal Credit Union a Texas Ratio of 1.95% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Atlanta Postal Credit Union experienced no significant changes from 1.94% as of March 31, 2013 to 1.95% as of March 31, 2014, resulting in a negative change of 0.28%. This indicates that the balance sheet and financial strength for Atlanta Postal Credit Union has had no significant changes in recent periods.
In the past year, Atlanta Postal Credit Union has decreased its total deposits by -$22.94 million, resulting in -1.26% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Atlanta Postal Credit Union has shown is average.
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Atlanta Postal Credit Union has $2.05 billion in assets with $245.13 million in equity, resulting in a capitalization level of 11.98%, which is excellent.
|Assets and Liabilities|
|Equity Capital||$239.04 million|
|Loan Loss Allowance||$6.09 million|
|Unbacked Noncurrent Loans||$3.71 million|
|Real Estate Owned||$1.07 million|
|Historic Data - March 2013|
|Equity Capital||$234.53 million|
|Loan Loss Allowance||$7.90 million|
|Unbacked Noncurrent Loans||$3.71 million|
|Real Estate Owned||$721,000|
|Profit Margin - Quarterly|
|Net Interest Margin||1.07%|
|Return on Assets||0.15%|
|Return on Equity||1.29%|
|Interest Income||$12.60 million|
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|1.50%||-||-||IRA Savings Account|
|1.50%||-||-||Roth IRA Savings Account|
|0.60%||-||-||Education Club Account|
|0.50%||-||-||Holiday Club Account|
|0.50%||-||-||Vacation Club Account|
|0.50%||$50||-||Youth Share Account|
|0.50%||-||-||Platinum Advantage Checking|
|0.40%||-||-||Youth Checking Account|
|1.60%||$500||-||60 Month CD|
|1.50%||$500||-||48 Month CD|
|1.30%||$500||-||36 Month CD|
|1.20%||$500||-||30 Month CD|
|1.10%||$500||-||24 Month CD|
|0.85%||$500||-||12 Month CD|
|0.65%||$500||-||6 Month CD|
|0.50%||$500||-||91 Day CD|
|1.60%||$2k||-||60 Month IRA Certificate Account|
|1.50%||$2k||-||48 Month IRA Certificate Account|
|1.30%||$2k||-||36 Month IRA Certificate Account|
|1.20%||$2k||-||30 Month IRA Certificate Account|
|1.10%||$2k||-||24 Month IRA Certificate Account|
|0.85%||$2k||-||12 Month IRA Certificate Account|
|Atlanta Postal Credit Union Locations|
|Branch Office||501 Pulliam St SW Ste 350||Atlanta, GA 30312-2750|
|Branch Office||520 W Ponce De Leon Ave||Decatur, GA 30031-4260|
|Branch Office||1800 James Jackson Pkwy NW||Atlanta, GA 30369-1100|
|Branch Office||515 Mulberry St||Macon, GA 31201-6305|
|Branch Office||3900 Crown Rd SW||Atlanta, GA 30304-0001|
|Branch Office||2801 Candler Rd Ste 81||Decatur, GA 30034|
|Branch Office||101 Marietta St NW Ste 140||Atlanta, GA 30303|
|Branch Office||1605 Boggs Rd||Duluth, GA 30096-4600|