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GenFed Financial Credit Union Rates & Review September 2026

Content reviewed by
Brian McKay Brian McKay
Brian McKay

Brian McKay

Founder & Data Architect
Expertise
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  • Location-Based Rate Tables
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Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
| iEditorial Disclosure
Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Rates Last Updated and Verified: September 22, 2026

GenFed Financial Credit Union's 12 Month IRA CDs rates are at 4.00%, 12 Month Standard CDs rates are at 4.00%, 18 Month IRA CDs rates are at 2.00%, 18 Month Standard CDs rates are at 2.00%, 24 Month IRA CDs rates are at 2.00%. GenFed Financial Credit Union's savings rates are at 0.05%. GenFed Financial Credit Union's money market rates are at 0.25%. GenFed Financial Credit Union's 15 Year Mortgage (Fixed) rates are at 4.99%, 30 Year Mortgage (Fixed) rates are at 5.49%, 3/3 ARM rates are at 6.50%. GenFed Financial Credit Union's Personal Loan Rates are as low as 7.49%. GenFed Financial Credit Union's Credit Card Rates are at 16.00%. MonitorBankRates evaluates the financial stability of GenFed Financial Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 3.81%. Rates last updated and verified on 09/22/2026.

GenFed Financial Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at GenFed Financial Credit Union? Share your experience about GenFed Financial Credit Union by leaving a review below, or read customer reviews before you decide to use GenFed Financial Credit Union.

MonitorBankRates Verified Healthy Badge 2026 Verified Healthy 2026 Use This Badge on Your Credit Union Website
Overall Health & Safety Grade ?
A+
Exceptional Health Score: 98/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
3.81%
Excellent Lower than avg
Health Trend ?
Very strong 12 quarters
Full history ›
GenFed Financial Credit Union
Corporate Office
2492 Wedgewood Dr Ste G
Akron, OH 44312
https://www.genfed.com
Member NCUA

GenFed Financial Credit Union CD Rates

Product Rate APY Term View More
12 Month IRA Certificates 3.93% 4.00% 12 Month
Min Balance $1,000
Details IRA certificates: Rates are subject to change at any time. Penalty will be imposed for early withdrawal. Disclosures available upon request. Contact GenFed staff for more information about current rates, terms and fees. Fees or early withdrawals could reduce earnings on certificates. We may offer different rates in the future. Minimum balance to earn is $1,000 for IRA. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
12 Month Standard Certificates 3.93% 4.00% 12 Month
Min Balance $1,000
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
18 Month IRA Certificates 1.98% 2.00% 18 Months
Min Balance $1,000
Details IRA certificates: Rates are subject to change at any time. Penalty will be imposed for early withdrawal. Disclosures available upon request. Contact GenFed staff for more information about current rates, terms and fees. Fees or early withdrawals could reduce earnings on certificates. We may offer different rates in the future. Minimum balance to earn is $1,000 for IRA. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
18 Month Standard Certificates 1.98% 2.00% 18 Month
Min Balance $1,000
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
24 Month IRA Certificates 1.98% 2.00% 24 Months
Min Balance $1,000
Details IRA certificates: Rates are subject to change at any time. Penalty will be imposed for early withdrawal. Disclosures available upon request. Contact GenFed staff for more information about current rates, terms and fees. Fees or early withdrawals could reduce earnings on certificates. We may offer different rates in the future. Minimum balance to earn is $1,000 for IRA. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
24 Month Standard Certificates 1.98% 2.00% 24 Month
Min Balance $1,000
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
30 Month IRA Certificates 1.98% 2.00% 30 Month
Min Balance $1,000
Details IRA certificates: Rates are subject to change at any time. Penalty will be imposed for early withdrawal. Disclosures available upon request. Contact GenFed staff for more information about current rates, terms and fees. Fees or early withdrawals could reduce earnings on certificates. We may offer different rates in the future. Minimum balance to earn is $1,000 for IRA. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
30 Month Standard Certificates 1.98% 2.00% 30 Month
Min Balance $1,000
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
36 Month IRA Certificates 1.98% 2.00% 36 Month
Min Balance $1,000
Details IRA certificates: Rates are subject to change at any time. Penalty will be imposed for early withdrawal. Disclosures available upon request. Contact GenFed staff for more information about current rates, terms and fees. Fees or early withdrawals could reduce earnings on certificates. We may offer different rates in the future. Minimum balance to earn is $1,000 for IRA. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
36 Month Standard Certificates 1.98% 2.00% 36 Month
Min Balance $1,000
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
48 Month IRA Certificates 1.98% 2.00% 48 Month
Min Balance $1,000
Details IRA certificates: Rates are subject to change at any time. Penalty will be imposed for early withdrawal. Disclosures available upon request. Contact GenFed staff for more information about current rates, terms and fees. Fees or early withdrawals could reduce earnings on certificates. We may offer different rates in the future. Minimum balance to earn is $1,000 for IRA. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
48 Month Standard Certificates 1.98% 2.00% 48 Month
Min Balance $1,000
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
6 Month Standard Certificates 1.98% 2.00% 6 Month
Min Balance $1,000
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
60 Month IRA Certificates 1.98% 2.00% 60 Month
Min Balance $1,000
Details IRA certificates: Rates are subject to change at any time. Penalty will be imposed for early withdrawal. Disclosures available upon request. Contact GenFed staff for more information about current rates, terms and fees. Fees or early withdrawals could reduce earnings on certificates. We may offer different rates in the future. Minimum balance to earn is $1,000 for IRA. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
60 Month Standard Certificates 1.98% 2.00% 60 Month
Min Balance $1,000
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
9 Month Standard Certificates 1.98% 2.00% 9 Month
Min Balance $1,000
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
37 Month Bump-Up Certificate 1.49% 1.50% 37 Month
Min Balance $1,000
Details Certificates: Rates are subject to change at any time. Penalty will be imposed for early withdrawal. Disclosures available upon request. Contact Genfed staff for more information about current rates, terms and fees. Fees or early withdrawals could reduce earnings on certificates. We may offer different rates in the future. APY = annual percentage yield. **Available on new money only. Minimum deposit is $1,000. One rate increase can be requested and performed during the life of the certificate to a current standard rate. Bumps will be made to the rate available for the term closest to, but no greater than, the number of months remaining on the Bump-Up Certificate. Will roll over into S1 Share Savings account at maturity.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
57 Month Bump-Up Certificate 1.49% 1.50% 57 Month
Min Balance $1,000
Details Certificates: Rates are subject to change at any time. Penalty will be imposed for early withdrawal. Disclosures available upon request. Contact Genfed staff for more information about current rates, terms and fees. Fees or early withdrawals could reduce earnings on certificates. We may offer different rates in the future. APY = annual percentage yield. **Available on new money only. Minimum deposit is $1,000. One rate increase can be requested and performed during the life of the certificate to a current standard rate. Bumps will be made to the rate available for the term closest to, but no greater than, the number of months remaining on the Bump-Up Certificate. Will roll over into S1 Share Savings account at maturity.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
3 Month Standard Certificates 0.35% 0.35% 3 Month
Min Balance $500
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%

GenFed Financial Credit Union Savings Rates

Product Rate APY View More
Health Savings Account 0.65% 0.65%
Min Balance $10,000
Details Balance: $10,000.01 and up
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Health Savings Account 0.40% 0.40%
Min Balance $2,500
Details Balance: $2,500.01 - $10,000.00
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Health Savings Account 0.25% 0.25%
Min Balance $100
Details Balance: $100.00 - $2,499.99
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Christmas Club 0.10% 0.10%
Min Balance $100
Details Effective Date: 9/1/2026
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
All Other Club Accounts 0.05% 0.05%
Min Balance $100
Details Effective Date: 9/1/2026
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Certificate Savings Club 0.05% 0.05%
Min Balance $100
Details Annual percentage yield on regular savings accounts is accurate as of the last declaration date of 1/1/2026. Rates are subject to change at any time. Rates may change after a savings, money market or checking account is opened. Disclosures available upon request. Fees could reduce earnings on accounts. We may offer different rates in the future. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
IRA Savings 0.05% 0.05%
Min Deposit $100
Min Balance $100
Details Annual percentage yield on regular savings accounts is accurate as of the last declaration date of 1/1/2026. Rates are subject to change at any time. Rates may change after a savings, money market or checking account is opened. Disclosures available upon request. Fees could reduce earnings on accounts. We may offer different rates in the future. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Traditional Savings Account 0.05% 0.05%
Min Deposit $5
Min Balance $100
Details Annual percentage yield on regular savings accounts is accurate as of the last declaration date of 1/1/2026. Rates may change after a savings, money market or checking account is opened. Disclosures available upon request. Fees could reduce earnings on accounts. We may offer different rates in the future. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%

GenFed Financial Credit Union Money Market Rates

Product Rate APY View More
Money Market Account 0.65% 0.65%
Min Balance $75,000
Details Balance: $75,000.00 and up; Rates are subject to change at any time. Annual percentage yield on regular savings accounts is accurate as of the last declaration date of 1/1/2026. Rates may change after a savings, money market or checking account is opened. Disclosures available upon request. Fees could reduce earnings on accounts. We may offer different rates in the future. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Money Market Account 0.40% 0.40%
Min Balance $20,000
Details Balance: $20,000.00 - $74,999.99; Rates are subject to change at any time. Annual percentage yield on regular savings accounts is accurate as of the last declaration date of 1/1/2026. Rates may change after a savings, money market or checking account is opened. Disclosures available upon request. Fees could reduce earnings on accounts. We may offer different rates in the future. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Money Market Account 0.25% 0.25%
Min Balance $2,000
Details Balance: $2,000.00 - $19,999.99; Rates are subject to change at any time. Annual percentage yield on regular savings accounts is accurate as of the last declaration date of 1/1/2026. Rates may change after a savings, money market or checking account is opened. Disclosures available upon request. Fees could reduce earnings on accounts. We may offer different rates in the future. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%

GenFed Financial Credit Union Checking Rates

Product Rate APY View More
50+ Interest Checking 0.05% 0.05%
Min Deposit $50
Min Balance $0
Details Balance: $0.00 - $1,500.00; Rates are subject to change at any time. Annual percentage yield on regular savings accounts is accurate as of the last declaration date of 1/1/2026. Rates may change after a savings, money market or checking account is opened. Disclosures available upon request. Fees could reduce earnings on accounts. We may offer different rates in the future. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Business Interest Checking - 0.05%
Min Deposit $50
Min Balance $1,500
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
eInterest Plus Checking 0.05% 0.05%
Min Deposit $50
Min Balance $0
Details Balance: $0.00 - $1,500.00; Rates are subject to change at any time. Annual percentage yield on regular savings accounts is accurate as of the last declaration date of 1/1/2026. Rates may change after a savings, money market or checking account is opened. Disclosures available upon request. Fees could reduce earnings on accounts. We may offer different rates in the future. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Premier Interest Checking 0.05% 0.05%
Min Deposit $50
Min Balance $0
Details Balance: $0.00 - $1,500.00; Rates are subject to change at any time. Annual percentage yield on regular savings accounts is accurate as of the last declaration date of 1/1/2026. Rates may change after a savings, money market or checking account is opened. Disclosures available upon request. Fees could reduce earnings on accounts. We may offer different rates in the future. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%

GenFed Financial Credit Union Mortgage Rates

Product Rate Points APR Term View More
15 Year Mortgage (Fixed) - - 4.99% 15 Year
Details Rates include all possible discounts. APR stands for Annual Percentage Rate. Rates subject to change at any time. All loans subject to approval and terms.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
30 Year Mortgage (Fixed) - - 5.49% 30 Year
Details Rates include all possible discounts. APR stands for Annual Percentage Rate. Rates subject to change at any time. All loans subject to approval and terms.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
3/3 ARM - - 6.50%
Details Rates include all possible discounts. APR stands for Annual Percentage Rate. Rates subject to change at any time. All loans subject to approval and terms.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%

GenFed Financial Credit Union Home Equity & HELOC

Product Rate Points APR Term View More
Home Equity Line of Credit (Variable) - - 6.75%
Details Rates include all possible discounts. APR stands for Annual Percentage Rate. Rates subject to change at any time. All loans subject to approval and terms.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%

GenFed Financial Credit Union Auto Loan Rates

Product Rate Points APR Term View More
Auto Loan - - 4.49%
Details Rates include all possible discounts. Contact us to determine which discounts apply to you.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%

GenFed Financial Credit Union RV, Boat and Powersport Loan Rates

Product Rate APR Term View More
Motorcycle Loan - 6.24%
Details Rates include all possible discounts. Contact us to determine which discounts apply to you.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
ATV Loan - 6.74%
Details Rates include all possible discounts. Contact us to determine which discounts apply to you.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
RV/Boat/Camper Loan - 6.74%
Details Rates include all possible discounts. Contact us to determine which discounts apply to you.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%

GenFed Financial Credit Union Credit Card Rates

Product Rate APR View More
Platinum MasterCard - 16.00%
Details As low as; Rates subject to change at any time. All loans subject to approval and terms. Rates include all possible discounts.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Rewards MasterCard - 18.00%
Details As low as; Rates subject to change at any time. All loans subject to approval and terms. Rates include all possible discounts.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%

GenFed Financial Credit Union Personal Loan Rates

Product APR Term View More
Signature Loan 7.49%
Details As Low As; Rates subject to change at any time. All loans subject to approval and terms. Rates include all possible discounts. Contact us to determine which discounts apply to you.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Personal Line of Credit - 36 Months 11.83% 36 Months
Details As Low As; Rates subject to change at any time. All loans subject to approval and terms. Rates include all possible discounts. Contact us to determine which discounts apply to you.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%

GenFed Financial Credit Union Other Rates

Product Rate Points APY/APR Term View More
Tractor/Mower Loan - - 7.74%
Details Rates include all possible discounts. Contact us to determine which discounts apply to you.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Cash Cow Savings Account 0.05% - 0.05%
Details Minimum balance to earn dividends is $100 for regular savings, $1,000 for IRA, $2,000 for money market, $75000.01 for Jumbo Money Market and $1500 for eInterest and second tier of Premier Interest checking.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Premier Interest 2nd Tier 0.40% - 0.40%
Min Deposit $50
Min Balance $1,500
Details Balance: $1,500.00 and over; Rates are subject to change at any time. Annual percentage yield on regular savings accounts is accurate as of the last declaration date of 1/1/2026. Rates may change after a savings, money market or checking account is opened. Disclosures available upon request. Fees could reduce earnings on accounts. We may offer different rates in the future. APY = annual percentage yield.
Last Updated 09/22/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 3.81%
Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.
Powered by MonitorBankRates

Financial Health History

GenFed Financial Credit Union’s Texas Ratio rose from 2.18% in Q2 2023 to 3.81% in Q1 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

0% 1.0★ 1.7% 2.0★ 3.4% 3.0★ 5.1% 4.0★ 6.8% 5.0★ Healthy zone – entire history below the 15% limit 2.18% A+ Q2 2023 A+ Q3 2023 A+ Q4 2023 A+ Q1 2024 A+ Q2 2024 A+ Q3 2024 A+ Q4 2024 A+ Q1 2025 A+ Q2 2025 A+ Q3 2025 A+ Q4 2025 3.81% A+ Q1 2026
Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade
Powered by MonitorBankRates

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures
QuarterTotal assetsTexas RatioStar RatingHealth Grade
March 31, 2026$332M3.81%5.0A+
December 31, 2025$318M5.01%5.0A+
September 30, 2025$307M4.20%5.0A+
June 30, 2025$313M3.16%5.0A+
March 31, 2025$324M2.85%5.0A+
December 31, 2024$316M3.91%5.0A+
September 30, 2024$319M3.07%5.0A+
June 30, 2024$326M1.62%5.0A+
March 31, 2024$323M1.60%5.0A+
December 31, 2023$311M1.99%5.0A+
September 30, 2023$303M1.79%5.0A+
June 30, 2023$301M2.18%5.0A+
Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating
Our rating for GenFed Financial Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather GenFed Financial Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with GenFed Financial Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name GenFed Financial Credit Union
Website https://www.genfed.com
Address 2492 Wedgewood Dr Ste G, Akron, OH 44312
Phone 330-734-0225
Fax 330-733-0042
President Joyce Jones
CEO Michael Doran
Full-Time Employees 79
Part-Time Employees 8
Branch Locations 9
ATM Locations 9
NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (98/100)
Texas Ratio
3.81%
Return on Assets (ROA)
0.3199%
Return on Equity (ROE)
1.9160%
Non-Performing Loans Ratio (NPL)
1.05%
Total Assets
332,345,562
Total Amount of Shares and Deposits
275,272,455
Total Shares and Deposits < 1 Year
255,358,410
Total Shares and Deposits 1 3 Years
17,891,579
Total Shares and Deposits > 3 Years
2,022,466
Total Interest Expense (Sum of items 6 8)
452,931
Share Certificates
1,576
Number of Accounts for Share Drafts
17,038
IRA KEOGH Accounts
774
Number of Accounts for Regular Shares
30,364
All other shares
1,280
Money Market Shares
1,456
Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)
Well Capitalized
Net Worth Classification if credit union is a new credit union
Well Capitalized
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
71,090,568
Total Liabilities
278,470,374
Source: NCUA — Last Updated 03/31/2026
MonitorBankRates Verified Healthy Badge 2026
2026 MBR Health & Safety Badge

GenFed Financial Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates — no need to download or upload anything.

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  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026.svg"
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       width="160" height="160">
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Frequently Asked Questions About GenFed Financial Credit Union

How many branches does GenFed Financial Credit Union operate?

GenFed Financial Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join GenFed Financial Credit Union?

Yes, to access services at GenFed Financial Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, GenFed Financial Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, GenFed Financial Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does GenFed Financial Credit Union offer online and mobile banking?

Most modern institutions like GenFed Financial Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.genfed.com.

Current GenFed Financial Credit Union Rates

  • 12-Month CD4.00%
  • 18-Month CD2.00%
  • 24-Month CD2.00%
  • 60-Month CD2.00%
  • Savings0.05%
  • MMA0.25%
Retrieved from our database of financial products. Rates subject to change.

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