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210-229-1800
123 N Medina St
San Antonio, TX 78207

Generations Federal Credit Union is headquartered in San Antonio and is the 43rd largest credit union in the state of Texas. It is also the 494th largest credit union in the nation. It was established in 1940 and as of December of 2013, it had grown to 171 employees and 47,628 members. Generations Federal Credit Union has a A health rating.

Field of Membership Restrictions

If you live, work, attend school, worship or volunteer in Bexar County, you and your immediate family are eligible for membership in this family-friendly credit union. - See Details

Related Posts

14-Month CD Rate Special at Generations FCU in San Antonio, Texas - 2/19/2014

Generations Federal Credit Union is offering a promotional certificate with very competitive rates. It has a 1.60% APY for a $100,000 minimum deposit or a 1.50% APY for a $10,000 minimum. The term is ...



Reviews (1)

Fantastic 14 Mo CD, 1.60% $100K, 1.50% Less Than $100K

Easy online membership. Reps very helpful.
I filled out the online application and got an e-mail reply within a couple days. Savings acct requires $5.00 to open.



Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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, 2013 Generations Federal Credit Union had $2.65 million in non-current loans and owned real-estate with $47.63 million in equity and loan loss allowances on hand to cover it. This gives Generations Federal Credit Union a Texas Ratio of 5.57% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Generations Federal Credit Union experienced no significant changes from 4.99% as of December 31, 2012 to 5.57% as of December 31, 2013, resulting in a negative change of 11.60%. This indicates that the balance sheet and financial strength for Generations Federal Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Generations Federal Credit Union has increased its total deposits by $31.55 million, resulting in 8.85% 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 Generations Federal Credit Union has shown is excellent.

Capitalization

GRADE:
B+

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. Generations Federal Credit Union has $437.64 million in assets with $47.63 million in equity, resulting in a capitalization level of 10.88%, which is above average.

Institution Statistics

Overall
NCUA #4015
Year Chartered1940
Employees171
Primary Regulator
Assets and Liabilities
Assets$437.64 million
Loans$284.21 million
Deposits$388.08 million
Equity Capital$44.36 million
Loan Loss Allowance$3.27 million
Unbacked Noncurrent Loans$2.38 million
Real Estate Owned$273,000
Historic Data - December 2012
Assets$404.05 million
Equity Capital$42.97 million
Loan Loss Allowance$3.94 million
Unbacked Noncurrent Loans$2.38 million
Real Estate Owned$113,000
Profit Margin - Quarterly
Net Interest Margin5.57%
Return on Assets0.19%
Return on Equity1.85%
Interest Income$20.02 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Generations Federal Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Generations Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.35%--Variable IRA Savings
0.35%--Variable Roth IRA Savings
0.35%$25-Variable SEP IRA Savings
0.35%--Variable Coverdell Education Savings Account
0.10%--Basic Savings
0.10%--Christmas Club
0.10%--Vacation Club

Generations Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.35%$25k-Money Market
0.35%$25k-Business Money Market

Generations Federal Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$1,500-My Checking

Generations Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.50%$1k-60 Month Regular Term Share Certificate
1.50%$1k-Business 60 Month Term Share Certificate
1.15%$100k-Business 36 Month Jumbo Term Share Certificate
1.05%$100k-36 Month Jumbo Term Share Certificate
1.05%$1k-Business 36 Month Term Share Certificate
1.00%$100k-Business 24 Month Jumbo Term Share Certificate
0.95%$1k-36 Month Regular Term Share Certificate
0.90%$100k-24 Month Jumbo Term Share Certificate
0.90%$1k-Business 24 Month Term Share Certificate
0.80%$1k-24 Month Regular Term Share Certificate
0.75%$100k-Business 12 Month Jumbo Term Share Certificate
0.60%$100k-12 Month Jumbo Term Share Certificate
0.60%$1k-Business 12 Month Term Share Certificate
0.50%$1k-12 Month Regular Term Share Certificate
0.50%$100k-6 Month Jumbo Term Share Certificate
0.50%$100k-Business 6 Month Jumbo Term Share Certificate
0.40%$1k-6 Month Regular Term Share Certificate
0.40%$1k-Business 6 Month Term Share Certificate
0.30%$100k-3 Month Jumbo Term Share Certificate
0.30%$100k-Business 3 Month Jumbo Term Share Certificate
0.25%$30k-3 Month Mini Jumbo Term Share Certificate
0.25%$30k-Business 3 Month Mini Jumbo Term Share Certificate

Generations Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.60%$100k-14 Month IRA Special (Traditional,Roth,CESA)
1.50%$250-60 Month IRA Term Share Certificate (Traditional,Roth,CESA)
1.50%$250-60 Month SEP Term Share Certificate
0.95%$250-36 Month IRA Term Share Certificate (Traditional,Roth,CESA)
0.95%$250-36 Month SEP Term Share Certificate
0.80%$250-24 Month IRA Term Share Certificate (Traditional,Roth,CESA)
0.80%$250-24 Month SEP Term Share Certificate
0.55%$250-18 Month IRA Term Share Certificate (Traditional,Roth,CESA)
0.55%$10k$100k14 Month SEP Share Certificate Special
0.55%$250-18 Month SEP Term Share Certificate
0.50%$250-12 Month IRA Term Share Certificate (Traditional,Roth,CESA)
0.50%$250-12 Month SEP Term Share Certificate
Locations

Generations Federal Credit Union has 15 locations. Click to view all Generations Federal Credit Union locations.