GENCO Federal Credit Union

Overview / Commentary
731 N Valley Mills Dr
Waco, TX 76710

GENCO Federal Credit Union is headquartered in Waco and is the 67th largest credit union in the state of Texas. It is also the 782nd largest credit union in the nation. It was established in 1953 and as of June of 2022, it had grown to 87 employees and 40,978 members at 5 locations. GENCO Federal Credit Union's CD rates are 3X the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership is open to those who live or work in McLennan or Angelina counties in Texas.
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Health Grade Components

NCUA #8585
Year Chartered1953
Primary Regulator
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD7.89%
Annual Interest Income$5.0MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$429.6MM$399.2MM
LoansQ2 2022vs Q2 2021$227.9MM$230.5MM
DepositsQ2 2022vs Q2 2021$381.9MM$354.0MM
Equity CapitalQ2 2022vs Q2 2021$46.0MM$43.3MM
Loan Loss AllowanceQ2 2022vs Q2 2021$794.00K$917.00K
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$325.00K$324.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0
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Always verify rates and promotions with the bank or credit union. We are not GENCO Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

GENCO Federal Credit Union Savings Account Rates

0.70%*$50k*-IRA Accumulator Account
OTHER TIERS: 0.40% $25 - $5k | 0.50% $5k - $20k | 0.60% $20k - $50k
0.25%*$5k*-Share (Savings) Account
OTHER TIERS: 0.15% $100 - $2.5k | 0.20% $2.5k - $5k
0.25%$5-Christmas Club Account
0.25%*$100*-Savings Safari Club Account
OTHER TIERS: 0.15% Up to $100

GENCO Federal Credit Union Money Market Rates

1.00%*$100k*-Money Market Account
OTHER TIERS: 0.15% $100 - $2.5k | 0.55% $2.5k - $5k | 0.65% $5k - $20k | 0.75% $20k - $50k | 0.85% $50k - $100k

GENCO Federal Credit Union Checking Account Rates

2.25%*-$10kGENCO Kasasa Cash
OTHER TIERS: 0.50% $10k+
1.25%*-$25kAdvantage Checking
OTHER TIERS: 0.50% $25k+
0.10%$100-First Class Checking
0.10%$100-Senior Checking
0.10%$100-Business Checking

GENCO Federal Credit Union CD Rates

3.35%$1k-60 Month Term Share Certificate
3.20%$1k-48 Month Term Share Certificate
3.10%$1k-36 Month Term Share Certificate
3.00%$1k-24 Month Term Share Certificate
2.75%$1k-12 Month Term Share Certificate
1.85%$10k-6 Month Term Share Certificate

GENCO Federal Credit Union IRA Rates

3.50%*$50k*-60 Month IRA Certificate
OTHER TIERS: 3.35% $1k - $10k | 3.40% $10k - $25k | 3.45% $25k - $50k
3.35%*$50k*-48 Month IRA Certificate
OTHER TIERS: 3.20% $1k - $10k | 3.25% $10k - $25k | 3.30% $25k - $50k
3.25%*$50k*-36 Month IRA Certificate
OTHER TIERS: 3.10% $1k - $10k | 3.15% $10k - $25k | 3.20% $25k - $50k
3.15%*$50k*-24 Month IRA Certificate
OTHER TIERS: 3.00% $1k - $10k | 3.05% $10k - $25k | 3.10% $25k - $50k
2.90%*$50k*-12 Month IRA Certificate
OTHER TIERS: 2.75% $1k - $10k | 2.80% $10k - $25k | 2.85% $25k - $50k
2.00%*$50k*-6 Month IRA Certificate
OTHER TIERS: 1.85% $1k - $10k | 1.90% $10k - $25k | 1.95% $25k - $50k

GENCO Federal Credit Union Locations
Branch Office1402 S John Redditt DrLufkin, TX 75904-4826
Branch Office105 Archway DrWoodway, TX 76712-6104
Branch Office1500 N Loop 340Waco, TX 76705-2494
Branch Office230 N Frontage RdLorena, TX 76655
Branch Office731 N Valley Mills DrWaco, TX 76710-4848

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