IMPORTANT FAQs

 While both Credit Unions are financially sound, a combination of the two Credit Unions’ assets and resources will give both Associated Credit Union & Coca-Cola Credit Union greater financial strength as well as the ability to better serve its members. The combined Associated Credit Union will have assets of roughly $2.5 billion, compared to Coca-Cola Credit Union’s current $240 million. Accounts will continue to be federally insured by the National Credit Union Administration.

 Associated Credit Union, a $2 billion financial institution that serves more than 156,000 members at 18 locations in Atlanta, Augusta, Carrollton, and Dawsonville, offers members financial products that fulfill their needs, service that exceeds their expectations, and relationships that inspire their trust. The Associated Credit Union Foundation, a 501(c)(3) nonprofit, provides fundraising and volunteer opportunities for employees and members to support charitable organizations. For more information about Associated Credit Union, visit acuonline.org

When the merger is complete, CCCU members will have access to many additional products and services. These include: 

• Expanded Branch and ATM Network: Members will gain access to 17 branches and thousands of ATMs across the state of Georgia, providing more convenient banking options. 

• Improved Technology Solutions: State-of-the-art digital banking platforms will enhance the ease and convenience of online and mobile banking services. 

• Comprehensive Financial Products: Our combined expertise will enable us to offer a wider range of financial products and services tailored to meet the diverse needs of our members. 

• Strengthened Community Presence: Together, we will continue to support and invest in our local communities, promoting financial education and wellness. 

No, the merger has not happened. The Boards of both Credit Unions have voted to apply for the proposed merger. The application will be submitted for approval to the Georgia Office of Financial Regulation (“OFR”) and the National Credit Union Administration (“NCUA”). Once approved, Coca-Cola Credit Union will hold a special meeting of its members to vote on the proposed merger. 

Every Coca-Cola Credit Union member in good standing will be sent notice of the special meeting along with a ballot before the meeting. Every Coca-Cola CU member has a right to attend the meeting and vote either at the meeting or through mail ballot. The merger will only proceed if the Coca-Cola Credit Union members that vote at the special meeting and through mail ballot approve the merger. 

The two Credit Unions will become a single Credit Union known as Associated Credit Union. Each member of CCCU will have the same voting powers and the same membership rights as any other member of Associated Credit Union. Each member’s accounts will continue to be federally insured by the National Credit Union Administration (NCUA). 

Once the merger is completed, we will serve our members under the Associated Credit Union name. 

Every CCCU employee will be offered a position at ACU. 

ACU and The Coca-Cola Company will pursue the possibility of retaining the current office following the merger. More information will be shared later. ACU members will have access to physical branches throughout the Atlanta area. 

Existing accounts at CCCU will be transferred to ACU with the same balances, ownership, etc. At some point, account numbers may change, but you will receive plenty of notice before any changes. Until then, your transactions will continue to clear using your “old” account numbers, checks and cards. 

No. Credit unions are not-for-profit cooperatives. No board members, executives or members will profit from the proposed merger. 

Yes. We are still servicing our members during this transition period and they can still apply for loans with us, or open accounts including checking and CD’s. 

Yes. You can continue using your existing CCCU account numbers, debit/credit cards, checks, and online banking without any changes at this time. Direct deposits, transfers and payments will also continue to process normally.