GenFed Financial
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.65% | 5-year CD | 57 Month Bump-Up Share Certificate - New Money 2.50% - Ally Bank High Yield 5 Year CD |
| 0.90% | 1-year CD | 12 Month Share Certificate |
| 0.10% | Savings | Certificate Savings Club |
GenFed Financial is headquartered in Akron and is the 30th largest credit union in the state of Ohio. It is also the 936th largest credit union in the nation. It was established in 1937 and as of December of 2017, it had grown to 69 employees and 23,441 members. GenFed Financial has an A+ health rating.
Field of Membership Restrictions
Membership in GenFed Financial is open to those who live, work, attend school or worship in Cuyahoga, Defiance, Erie, Lorain, Medina, Paulding, Portage, Summit, or Williams Counties in Ohio or in Clinton, Jefferson, or Marion Counties in Illinois. Membership is also available to those who live or work in Shelby County, Indiana.
See current membership details
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 97106 |
| Year Chartered | 1937 |
| Employees | 69 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.4% |
| Return on Equity - YTD | 2.59% |
| Annual Interest Income | $7.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017 | $230.7MM |
| Loans | Q4 2017 | $152.8MM |
| Deposits | Q4 2017 | $192.1MM |
| Equity Capital | Q4 2017 | $35.9MM |
| Loan Loss Allowance | Q4 2017 | $679.00K |
| Unbacked Noncurrent Loans | Q4 2017 | $690.00K |
| Real Estate Owned | Q4 2017 | $15.00K |
Always verify rates and promotions with the bank or credit union. We are not GenFed Financial; 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.
GenFed Financial Savings Account Rates
GenFed Financial Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | $75k* | - | Money Market Account | ||
| OTHER TIERS: 0.25% → $2k - $20k | 0.30% → $20k - $75k | |||||
GenFed Financial Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $100 | - | Dividend Checking |
GenFed Financial CD Rates
GenFed Financial IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.10% | $1k | - | 60 Month IRA | |
| 1.75% | $1k | - | 48 Month IRA | |
| 1.55% | $1k | - | 36 Month IRA | |
| 1.40% | $1k | - | 30 Month IRA | |
| 1.25% | $1k | - | 24 Month IRA | |
| 1.06% | $1k | - | 18 Month IRA | |
| 0.90% | $1k | - | 12 Month IRA |
Sorry, but we do not have location data for GenFed Financial. Its headquarters is located at 2492 Wedgewood Drive,Suite B - Akron, OH 44312