A Review of Credit Union of Atlanta: Minority-Owned and Offering Competitive Certificate Rates
When it comes to choosing a financial institution to entrust with your hard-earned money, there are a multitude of factors to consider. One such factor is the institution’s commitment to diversity and inclusion. Another important factor is the institution’s certificate rates, and how they stack up against competitors. The Credit Union of Atlanta is a financial institution that checks both of these boxes.
Credit Union of Atlanta is minority-led, with a board of directors comprised of 60% minority members. This commitment to diversity also extends to the institution’s employees, with 70% of the staff being minorities. This level of representation is significant, given the underrepresentation of minorities in leadership roles in the financial industry. Credit Union of Atlanta’s commitment to diversity speaks to their values and their mission of empowering and serving their community.
But what about their certificate rates? In this area, Credit Union of Atlanta also performs well. Their certificate rates consistently outperform those of their peers in the region. For example, as of August 2021, the institution’s one-year certificate rate is 0.70%, while the average rate in the area is 0.21%. This means that Credit Union of Atlanta’s certificate rates are over three times higher than the regional average. For a five-year certificate, Credit Union of Atlanta offers a rate of 1.25%, while the regional average is 0.72%.
These solid certificate rates make Credit Union of Atlanta an attractive option for those looking to grow their savings. Additionally, the institution offers a variety of certificate terms, ranging from six months to five years, to suit individual needs and goals. Credit Union of Atlanta also offers a variety of other products and services, including checking and savings accounts, loans, investment services, and more.
In summary, Credit Union of Atlanta is a financial institution that stands out for its commitment to diversity and inclusion, as well as its solid certificate rates. For those looking for a trustworthy and competitive financial partner in the Atlanta area, Credit Union of Atlanta is definitely worth considering.
