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The bottom line: Credit Union of Atlanta Share Draft Checking Account is a good option if you want to bank with a minority-led institution that gives back to its community. Its strongest products are the Credit Union of Atlanta Share Certificate, which pay high interest rates.
Overall bank rating| Feature | Insider rating (out of 5) |
| Savings | 3.75 |
| Checking | 4 |
| Share certificate | 4.25 |
| Money market account | 3.25 |
| Trustworthiness | 5 |
| Total | 4.05 |
| Pros | Cons |
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You must open a Credit Union of Atlanta Share Savings Account to become a member of the credit union. It's an affordable account, with no monthly service fee and a $25 minimum opening deposit. But it isn't the best option if you want to earn a high interest rate.
Checking Credit Union of Atlanta Share Draft Checking AccountCredit Union of Atlanta Share Draft Checking Account is good if you're looking for a checking account with no monthly fees. As long as you enroll in e-statements and direct deposits, you won't pay a monthly fee.
It's worth noting that this account is advertised as an interest-bearing checking account on Credit Union of Atlanta's website, but it doesn't pay interest at this time.
Share certificate Credit Union of Atlanta Share CertificateThe Credit Union of Atlanta Share Certificate is probably the institution's strongest product. It pays very competitive rates, and you only need $500 to open an account.
Money market account Credit Union of Atlanta Share Plus Money Market AccountYou may prefer to use the Credit Union of Atlanta Share Plus Money Market Account as your main savings account rather than the Credit Union of Atlanta Share Savings Account. It compounds interest more frequently and provides paper checks so you can access your money if you really need to.
How Credit Union of Atlanta worksCredit Union of Atlanta is a minority-led credit union with two branches in Atlanta. It's part of the CO-OP Shared Branch network, so there are around 5,000 shared branches around the US. You can't open an account at a shared branch, but you can receive assistance.
There are four free Credit Union of Atlanta ATMs. You can also use 30,000 free ATMs in the MoneyPass network.
The Credit Union of Atlanta mobile app has 3.2 out of 5 stars in the Apple store, and 3.7 out of 5 stars in the Google Play store.
Contact customer support Monday through Thursday from 8:30 a.m. to 4:00 p.m. ET, and Friday from 8:30 a.m. to 5:00 p.m. ET.
Your deposits are federally insured by the NCUA for up to $250,000, or up to $500,000 for joint accounts.
How to join Credit Union of AtlantaCredit Union of Atlanta membership is limited to employees of certain organizations, such as the city of Atlanta, Zoo Atlanta, and Atlanta public schools. You can also join if you're an employee or member of a handful of religious congregations.
See the full list of organizations and churches here.
Is Credit Union of Atlanta trustworthy?The Better Business Bureau gives Credit Union of Atlanta an A+ in trustworthiness. A good BBB grade indicates a company responds effectively to customer complaints, advertises honestly, and is transparent about business practices.
A strong BBB score doesn't guarantee you'll have a smooth relationship with a credit union, though. You may still want to read online reviews or ask friends and family members about their experiences.
Credit Union of Atlanta doesn't have any public controversies.
The credit union has a scholarship program for students ages seven to 24. Scholarships are awarded to winners of an essay contest in each age group. Younger students have money put into a savings account, older students receive a share certificate, and college students get $1,500 toward higher education expenses.
How Credit Union of Atlanta compares to similar institutionsWe've compared Credit Union of Atlanta to two Black-owned banks in Atlanta: Citizens Trust Bank and Unity National Bank.
 Credit Union of Atlanta |  Citizens Trust |  UNB |
Atlanta branches 2 | Atlanta branches 4 | Atlanta branches 1 |
Standout feature High certificate rates | Standout feature Variety of checking accounts | Standout feature Money market account |
| Credit Union of Atlanta Share Savings Account | CTB Direct Checking Account | Unity National Bank Advantage Checking Account |
Citizens Trust Bank is a bank, not a credit union. So if you don't qualify for membership with Credit Union of Atlanta, Citizens Trust is the clear choice.
Citizens Trust offers more types of checking accounts than Credit Union of Atlanta, so you may find one that suits your needs. But Credit Union of Atlanta pays much better rates on certificates.
Credit Union of Atlanta vs. Unity National BankUnity National Bank is the better option if you aren't eligible to join Credit Union of Atlanta. You also may like the Unity National Bank Money Market Account, which has a low minimum deposit and includes a debit card.
But if you want to open a share certificate, Credit Union of Atlanta pays better rates.
About the authorLaura Grace Tarpley is an editor at Personal Finance Insider, covering bank reviews and guides. She is also a Certified Educator in Personal Finance (CEPF). Over her five years of covering personal finance, she has written extensively about ways to save.
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