Powerco Federal Credit Union

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A short history of Powerco FCU

Since its inception in 1935 the Powerco Federal Credit Union has been serving its members in the Atlanta, Georgia area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Leta Reeves, the Powerco FCU has grown its membership to over 19,968 with assets of more than $187,633,276. They have a main office and 8 branch offices. Please see the credit unions website or contact them by phone at (404) 506-3750 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Atlanta, GA.

General Information For Powerco FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 359
Address 241 Ralph McGill Blvd, NE 
City Atlanta 
State Georgia 
Zip-Code 30308
Phone Number (404) 506-3750
Fax Number (404) 506-3787
Email Address: none
CEO/President Leta Reeves
Members 19,968 
Full-Time Employees 33 
Part-Time Employees
Number of Branch Offices
Total Assets 187,633,276 
Website http://www.powerco.org 

Compare Powerco Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Pinnacle CU Putnam 1076 Greensboro RD 31024 (706) 485-2039 No 0.41
1st Choice CU Admin Office 315 Auburn Ave NE 30312 (404) 832-5800 No 0.94
Big Bethel A.m.e. Church CU Auburn Avenue 206 Auburn Ave NE 30303 (404) 827-9715 No 0.97
Mutual Savings CU MSCU Office 10 Peachtree Pl NE 30302 (404) 584-4754 No 1.01
Coca-cola CU Corporate Office 1 Coca Cola Plz NW 30301 (404) 676-2586 No 1.15

Powerco Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Powerco Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.65 2.49 3.40 4.25 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 312 83 137 174 229
Rank Among All Georgia Credit Unions 21 14 19 16 16

Powerco Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.05 0.08 0.25 0.30
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 143 138 310 259
Rank Among All Georgia Credit Unions 12 29 21 41 30
Powerco Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.6503,2014,951,134
All Other Unsecured Loans/Lines of Credit 8.5001,6112,022,265
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.4903286,959,836
Used Vehicle Loans 3.4001,04412,566,709
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.25037238,063,697
Total Other Real Estate Loans/Lines of Credit 5.0003726,402,466
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.90082663,008
TOTAL LOANS & LEASES 7,01071,629,115

Powerco Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 15520,638,18081,580,400
    b. 15 Years or less 21717,425,5176640,000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 7124,808130,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 3656,277,65822359,624
Open-End Fixed Rate 0000
TOTALS 74444,466,163372,610,024


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Powerco Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes