Overview / Commentary
GENCO Federal Credit Union is headquartered in Waco and is the 67th largest credit union in the state of Texas. It is also the 786th largest credit union in the nation. It was established in 1953 and as of September of 2022, it had grown to 89 employees and 41,003 members at 5 locations. GENCO Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership is open to those who live or work in McLennan or Angelina counties in Texas.
See current membership details
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Health
A+
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 8585 |
| Year Chartered | 1953 |
| Employees | 89 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.93% |
| Return on Equity - YTD | 8.54% |
| Annual Interest Income | $7.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $428.5MM$409.4MM |
| Loans | Q3 2022vs Q3 2021 | $229.8MM$227.7MM |
| Deposits | Q3 2022vs Q3 2021 | $379.9MM$363.5MM |
| Equity Capital | Q3 2022vs Q3 2021 | $46.9MM$44.2MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $763.00K$873.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $282.00K$233.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |