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Georgia's Own Credit Union

From Wikipedia, the free encyclopedia
Location in Bainbridge, Georgia

Georgia's Own Credit Union is a credit union based in Atlanta, Georgia that was founded in 1934.[1]

Georgia's Own Credit Union is the 3rd largest credit union in Georgia with over 240,000 members and assets of $4.38 billion as of May 2026. They operate 30 branch locations in Georgia. Georgia's Own provides its members access to over 30,000 surcharge-free ATMs. In addition, Georgia's Own Credit Union belongs to the CO-OP Network which gives its members access to 5,000 Shared Branch locations.[2] The organization is a federally insured credit union that is regulated by the National Credit Union Administration (NCUA).

History

[edit]

Georgia's Own Credit Union (formerly Atlanta Telco Credit Union) was founded on December 6, 1934, by eight telephone employees with an initial $160 investment.[3] Over nine decades, it has grown into one of Georgia's largest credit unions, offering a wide array of products, expanding its statewide charter, and surpassing $4 billion in assets.[3]

The financial institution's growth and operational milestones include:

  • 1934: The institution opened in Atlanta under the name Atlanta Telco Credit Union.[3]
  • 1944: Membership was expanded to include all telephone employees throughout the state of Georgia, and the institution changed its name to Georgia Telco Credit Union.[3]
  • 1976: The first branch location opened at 125 Perimeter Center in the Atlanta suburb of Sandy Springs.[3]
  • 1977: Then-CEO Eloise Woods was appointed Chairperson of the National Credit Union Administration (NCUA) by President Jimmy Carter.[3]
  • 1984: The credit union celebrated its 50th anniversary and introduced checking accounts, certificates of deposit (CDs), individual retirement accounts (IRAs), home equity loans, and credit cards.[3]
  • 1987: The company merged with Savannah-Chatham Federal Credit Union, opening its first two branches outside of the metropolitan Atlanta region.[3]
  • 1999: Charlotte Ayers was named President and CEO following Eloise Woods' retirement after 52 years of service.[3]
  • 2005: Total assets grew to $1 billion. A change in state banking law enabled the institution to expand membership to 12 Georgia counties and more than 400 Select Employee Groups.[3]
  • 2007: The organization rebranded from Georgia Telco to Georgia’s Own Credit Union.[3]
  • 2010: David Preter succeeded Charlotte Ayers as President and CEO upon her retirement.[3]
  • 2017: Georgia's Own Credit Union relocated its headquarters to 100 Peachtree, the building formerly known as the Equitable Building in Downtown Atlanta.[4]

References

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  1. "Georgia's Top 50 Credit Unions". www.bizjournals.com. Retrieved 2018-08-22.
  2. "Search Results - Credit Unions empower people. CO-OP empowers credit unions". Credit Unions empower people. CO-OP empowers credit unions. Retrieved 2018-08-22.
  3. 1 2 3 4 5 6 7 8 9 10 11 12 "Our History". Georgia's Own Credit Union. Retrieved June 19, 2026.
  4. Sams, Douglas (May 26, 2017). "Equitable Building, also known as 100 Peachtree, sells to Zeller". Atlanta Business Chronicle. Retrieved June 19, 2026.