Generations Federal Credit Union is headquartered in Castle Hills and is the 45th largest credit union in the state of Texas. It is also the 529th largest credit union in the nation. It was established in 1940 and as of June of 2023, it had grown to 186 employees and 47,142 members at 5 locations. Generations Federal Credit Union's savings rates are 3X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership in Generations Federal Credit Union is open to anyone who lives, works, worships, volunteers, attends school, or owns a business in the Texas counties of Atascosa, Bandera, Bexar, Comal, Guadalupe, Kendall, Medina, and/or Wilson. In addition, immediate family members of current GFCU members are also eligible for membership.
See current membership details
Related Posts
2/18 - Promotional 14-Month Share Certificate Offered At 1.50% APY
4/13/10 - Best 18-Month CD Rate in Texas at Generations FCU in San Antonio - Local Only
12/19/08 - One Year CD Yield as High as 4.40% at Generations FCU in Texas
10/28/08 - 4.40% 12-Month / 4.10% 6-Month Jumbo CDs at Generations FCU in Texas
3/15/08 - 6.00% 6-Month CD at a San Antonio CU (Generations).
6/9/07 - 5.70% 9-Month CD at a Texas CU Continues (San Antonio City Employees).
3/9/07 - 5.70% 9-Month CD at a Texas CU (San Antonio City Employees)
10/9/06 - 6.15% 6-Month CD at a San Antonio, Texas CU
GEFCU Is A Cut Above the Rest
I remember when I was with Generations Federal Credit Union. I had never worked with a credit union before as opposed to a traditional bank so I didn't know what to expect. For one, the customer service is excellent. It's a cut above regular banks. Everyone from customer service representatives on the phone to the tellers in the bank lobby and drive thru are extremely helpful. Credit Unions also offer a variety of different options for how you would like your money deposited, as well as fees that are affordable and fit my budget. I'd heard about Generations from my best friend who was using them at the time and she raved about them. Since I was already dissatisfied with my then bank Wells Fargo, I decided to give Generations a try. It was well worth the plunge and I would and have recommended them to anyone looking to change their bank and have a new experience and a wider base of options where their finances are concerned.
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.
Small In Assets And Not Growing
Not able to offer you a lot of credit based on their size and their online access now has you login in to another site (external) in order to view your credit card.
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4015 |
| Year Chartered | 1940 |
| Employees | 186 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.93% |
| Return on Equity - YTD | 13.59% |
| Annual Interest Income | $17.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $794.3MM$697.9MM |
| Loans | Q2 2023vs Q2 2022 | $544.5MM$484.2MM |
| Deposits | Q2 2023vs Q2 2022 | $664.5MM$636.9MM |
| Equity Capital | Q2 2023vs Q2 2022 | $53.2MM$48.6MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $2.6MM$2.4MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $3.2MM$2.3MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |