General Credit Union

6601 Mutual Dr
Fort Wayne, IN 46825
260-471-5544
www.gencu.org

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General Credit Union is headquartered in Fort Wayne and is the 41^st largest credit union in the state of Indiana. It is also the 1,654^th largest credit union in the nation. It was established in 1960 and as of December of 2011, it had grown to 27 employees and 8,949 members. General Credit Union's savings rates are 73% higher than the national average, and it has a 3-star health rating.

General Credit Union Routing Number: 274973206

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See Rates for: Savings | Money Market | CD | IRA

General Credit Union Savings Account Rates

Apy	Min	Max	Product
1.52%	$20k	-	Health Savings Accounts
0.05%	-	-	Regular Shares

General Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.18%	$20k	-	Money Market

General Credit Union CD Rates

Apy	Min	Max	Product
1.72%	$2,500	-	60 Month Gold Plan CD
1.62%	$2,500	-	60 Month Silver Plan CD
1.52%	$500	-	60 Month CD
1.26%	$2,500	-	48 Month Gold Plan CD
1.15%	$2,500	-	48 Month Silver Plan CD
1.05%	$500	-	48 Month CD
0.95%	$2,500	-	36 Month Gold Plan CD
0.85%	$2,500	-	36 Month Silver Plan CD
0.80%	$2,500	-	24 Month Gold Plan CD
0.75%	$500	-	36 Month CD
0.70%	$2,500	-	24 Month Silver Plan CD
0.60%	$500	-	24 Month CD
0.55%	$2,500	-	18 Month Gold Plan CD
0.45%	$2,500	-	18 Month Silver Plan CD
0.35%	$500	-	18 Month CD
0.35%	$2,500	-	12 Month Gold Plan CD
0.32%	$2,500	-	9 Month Gold Plan CD
0.30%	$2,500	-	6 Month Gold Plan CD
0.25%	$2,500	-	12 Month Silver Plan CD
0.22%	$2,500	-	9 Month Silver Plan CD
0.20%	$2,500	-	6 Month Silver Plan CD
0.15%	$500	-	12 Month CD
0.12%	$500	-	9 Month CD
0.10%	$500	-	6 Month CD

General Credit Union IRA Rates

Apy	Min	Max	Product
1.82%	$2,500	-	60 Month Gold Plan IRA
1.72%	$2,500	-	60 Month Silver Plan IRA
1.62%	$500	-	60 Month IRA
1.36%	$2,500	-	48 Month Gold Plan IRA
1.26%	$2,500	-	48 Month Silver Plan IRA
1.15%	$500	-	48 Month IRA
1.05%	$2,500	-	36 Month Gold Plan IRA
0.95%	$2,500	-	36 Month Silver Plan IRA
0.90%	$2,500	-	24 Month Gold Plan IRA
0.85%	$500	-	36 Month IRA
0.80%	$2,500	-	24 Month Silver Plan IRA
0.70%	$500	-	24 Month IRA
0.65%	$2,500	-	18 Month Gold Plan IRA
0.55%	$2,500	-	18 Month Silver Plan IRA
0.45%	$500	-	18 Month IRA
0.45%	$2,500	-	12 Month Gold Plan IRA
0.42%	$2,500	-	9 Month Gold Plan IRA
0.40%	$2,500	-	6 Month Gold Plan IRA
0.35%	$2,500	-	12 Month Silver Plan IRA
0.32%	$2,500	-	9 Month Silver Plan IRA
0.30%	$2,500	-	6 Month Silver Plan IRA
0.25%	$500	-	12 Month IRA
0.22%	$500	-	9 Month IRA
0.20%	$500	-	6 Month IRA

Rates updated: 5/25/2012

Data for Q4 2011

Institution Statistics

GENERAL
NCUA #	97055
BankRate Report	View
Year Chartered	1960
Employees	27
Primary Regulator
Assets and Liabilities
Assets	$80.03 million
Loans	$49.98 million
Deposits	$73.12 million
Equity Capital	$6.71 million
Loan Loss Allowance	$1.21 million
Unbacked Noncurrent Loans	$2.25 million
Real Estate Owned	$148,000
Historic Data - December 2010
Assets	$79.61 million
Equity Capital	$6.91 million
Loan Loss Allowance	$698,000
Unbacked Noncurrent Loans	$379,000
Real Estate Owned	$572,000
Profit Margin - Quarterly
Net Interest Margin	4.59%
Return on Assets	-0.26%
Return on Equity	-3.07%
Interest Income	$3.31 million
Non-Interest Income	$694,000

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 General Credit Union had $2.4 million in non-current loans and owned real-estate with $7.92 million in equity and loan loss allowances on hand to cover it. This gives General Credit Union a Texas Ratio of 30.24% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for General Credit Union increased slightly from 12.50% as of December 31, 2010 to 30.24% as of December 31, 2011, resulting in a negative change of 141.98%. This indicates that the balance sheet and financial strength for General Credit Union has declined slightly in recent periods.
Deposit Growth
In the past year, General Credit Union has increased its total deposits by $842,000, resulting in 1.16% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth General Credit Union has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. General Credit Union has $80.03 million in assets with $7.92 million in equity, resulting in a capitalization level of 9.89%, which is average.

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