Genfed Credit Union

About Genfed Credit Union

Genfed Credit Union Location

2492 Wedgewood Drive Ste. G
Akron, OH 44312

Phone: (330) 734-0225
Website: www.genfed.com
Routing/Transit Number: Not Available

Genfed Credit Union Information

Genfed Credit Union of Akron, OH is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 17916 members and assets of $175,706,153, as compared to the national average of $93 million dollars of assets per credit union. Genfed Credit Union, first opened in 1937 and has been in operation since then. Additionally, Genfed Credit Union has 41 full time employees and 22 part time employees, or 284.380952381 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Genfed Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Genfed Credit Union is a not-for-profit, cooperative, tax-exempt organization.