2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 8585
Date Established 1953
Assets $311.49 million
Loans $211.12 million
Deposits $273.58 million
Capital $37.62 million

Genco is an NCUA insured institution located in Waco, TX. It was founded in 1953 and has approximately $311.49 millions in assets.

Who can join?

Anyone who lives or works in McLennan County or Angelina County is eligible for membership at GENCO.

Field of Membership Restrictions

Membership is open to those who live or work in McLennan or Angelina counties in Texas.

Deposit Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.35% $2,500 $4,999 Learn MoreShow Less
Money Market
0.50% $5,000 $19,999 Learn MoreShow Less
Money Market
0.60% $20,000 $49,999 Learn MoreShow Less
1.86% $1,000 $9,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.15% $1,000 - Learn MoreShow Less
12 Mo CD
1.86% $1,000 - Learn MoreShow Less
Special: 18 Mo CD
2.17% $5,000 - Learn MoreShow Less
24 Mo CD
2.01% $1,000 - Learn MoreShow Less
Special: 27 Mo CD
2.42% $5,000 - Learn MoreShow Less
36 Mo CD
2.17% $1,000 - Learn MoreShow Less
48 Mo CD
2.37% $1,000 - Learn MoreShow Less
2.52% $1,000 $9,999,999 Learn MoreShow Less
60 Mo CD
2.78% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.45% $25 $4,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $100 - Learn MoreShow Less

Loan Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for GENCO

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: MC-3098
3.529% 3.500% 0.38 $898 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.240 %
$0 Learn More
More Info

Note to GENCO
To upload and update your bank's rates please register. It is free to register and add rates.


Below are Genco branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Genco Locations

Financial Details

Genco Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Genco. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Genco U.S. Average
7.59% 6.77

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2019, Genco had $2,898,434 in non-current loans and $33,060 in owned assets. To cover these potential losses it had $37,621,960 in net worth and $1,015,656 in loans loss reserves. That gives it a Texas Ratio of 7.59%.

Net Worth
Genco U.S. Average
12.07% 13.47%

Genco FCU has a net worth of 12.07% versus the BestCashCow average of 13.47. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Genco

Branches and Savings

What is Genco?

A federal credit union, registered with the NCUA under certificate #8585.
Learn more about credit unions here.

Is Genco FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Genco?

Please see Field of Membership information above for information on who is eligible to join.

What are Genco's share account and share certificate rates?

Genco's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Genco?

Genco has total capital of $37.62 million. Full information on Genco's financial position is located above.

Who owns Genco?

Credit Unions are owned by their members.

Where are Genco branches located?

See branch locations nearby.

Are Genco ATMs Open 24/7?

Do Genco ATMs accept cash deposits?

Can Genco customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Genco have a mobile app?

Does Genco have mobile deposit?

Does Genco have quick pay?

How can Genco transfer money to other banks or credit unions?

Does Genco report to credit bureaus?

Does Genco use Chexsystems?

Does Genco use Equifax?

What is Genco's toll free phone number?

What is Genco's ACH Routing Number?

What is Genco's SWIFT code?

Where can I find Genco's wire transfer form?

What is the Genco address for deposits?

What Products Does Genco Offer

Does Genco offer mortgages?

Compare mortgage rates here.

Does Genco offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Genco offer auto and RV loans?

Compare auto loan rates here.

Does Genco offer student loans or personal loans?

Compare personal loan rates here.

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