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Overview / Commentary
404-297-9797
2035 Sugarloaf Cir
Duluth, GA 30097

Platinum Federal Credit Union is headquartered in DULUTH and is the 32nd largest credit union in the state of Georgia. It is also the 1,783rd largest credit union in the nation. It was established in 1999 and as of December of 2016, it had grown to 34 employees and 8,090 members at 4 locations. Platinum Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open only to members of the Jubilee Association. To be a eligible for membership in the Jubilee Association, persons must be of the Shia Imami Ismaili community and residing in United States of America.
See current membership details

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Health
B+
Additional 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. Platinum Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #24631
Year Chartered1999
Employees34
Primary Regulator
Profit Margin
Return on Assets - YTD1.04%
Return on Equity - YTD12.58%
Annual Interest Income$2.7MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$81.9MM$69.2MM
LoansQ4 2016vs Q4 2015$61.6MM$50.9MM
DepositsQ4 2016vs Q4 2015$70.3MM$62.1MM
Equity CapitalQ4 2016vs Q4 2015$6.8MM$6.0MM
Loan Loss AllowanceQ4 2016vs Q4 2015$300.00K$206.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$422.00K$294.00K
Real Estate OwnedQ4 2016vs Q4 2015$0$0
Rates

Rates for Platinum Federal Credit Union are currently being reviewed.

Locations


Platinum Federal Credit Union Locations
Branch Office2801 John Hawkins Pkwy Ste 153NHoover, AL 35244
Branch Office7041 Grand National Dr Ste 201Orlando, FL 32819
Branch Office2035 SUGARLOAF CIRDULUTH, GA 30097
Branch Office1059 Mistletoe RdDecatur, GA 30033