B.O.N.D. Community Federal Credit Union
Overview / Commentary
B.O.N.D. Community Federal Credit Union is headquartered in Atlanta and is the 37th largest credit union in the state of Georgia. It is also the 2,487th largest credit union in the nation. It was established in 1972 and as of September of 2024, it had grown to 12 employees and 3,326 members at 2 locations. B.O.N.D. Community Federal Credit Union has a C health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, volunteer or attend school in 23 select communities in Atlanta and Decatur, Georgia.
See current membership details
Health
C
Data as of Q3 2024
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. B.O.N.D. Community Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 20974 |
| Year Chartered | 1972 |
| Employees | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.2% |
| Return on Equity - YTD | 11.6% |
| Annual Interest Income | $2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $46.8MM$46.8MM |
| Loans | Q3 2024vs Q3 2023 | $37.4MM$38.3MM |
| Deposits | Q3 2024vs Q3 2023 | $42MM$42MM |
| Equity Capital | Q3 2024vs Q3 2023 | $4.9MM$4.7MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $24K$262K |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $1.8MM$1.5MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |