Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
5420 Peachtree Industrial Blvd
Norcross, GA 30071

Genuine Parts Credit Union is headquartered in Norcross and is the 92nd largest credit union in the state of Georgia. It is also the 4,655th largest credit union in the nation. It was established in 1937 and as of March of 2014, it had grown to 2 employees and 976 members. Genuine Parts Credit Union's savings rates are 3X the national average, and it has a B health rating.

Field of Membership Restrictions

Must be an employee of Genuine Parts Company or other select companies. - See Details

Related Posts

No reviews have been left for this bank yet. Be the first to review.


Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Genuine Parts Credit Union has a very low asset base.

Texas Ratio


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 Genuine Parts Credit Union had $50,000 in non-current loans and owned real-estate with $2.56 million in equity and loan loss allowances on hand to cover it. This gives Genuine Parts 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.

Texas Ratio Trend


The Texas Ratio for Genuine Parts Credit Union experienced no significant changes from 1.28% as of March 31, 2013 to 1.95% as of March 31, 2014, resulting in a negative change of 51.75%. This indicates that the balance sheet and financial strength for Genuine Parts Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Genuine Parts Credit Union has decreased its total deposits by $-78,000, 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 Genuine Parts 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. Genuine Parts Credit Union has $8.72 million in assets with $2.56 million in equity, resulting in a capitalization level of 29.41%, which is excellent.

Institution Statistics

NCUA #67382
Year Chartered1937
Primary Regulator
Assets and Liabilities
Assets$8.72 million
Loans$1.68 million
Deposits$6.13 million
Equity Capital$2.54 million
Loan Loss Allowance$26,000
Unbacked Noncurrent Loans$50,000
Real Estate Owned$0
Historic Data - March 2013
Assets$8.77 million
Equity Capital$2.54 million
Loan Loss Allowance$32,000
Unbacked Noncurrent Loans$50,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.14%
Return on Assets0.87%
Return on Equity2.99%
Interest Income$81,000
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not Genuine Parts Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Genuine Parts Credit Union Savings Account Rates

1.76%$50$75kShare Accounts

Genuine Parts Credit Union Locations
Branch Office5420 Peachtree Industrial BlvdNorcross, GA 30071
Branch Office2999 Circle 75 Pkwy SEAtlanta, GA 30339