General Federal Credit Union

Headquarters

6601 Mutual Dr
Fort Wayne, IN 46825
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Notable Rates APY Vs.Others
Savings N.A. 5.55% →
1-Year CD N.A. 5.60% →
2-Year CD N.A. 4.90% →
5-Year CD N.A. 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

General is located in Fort Wayne, In. It was founded in 1960 and has approximately $82.2 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 97055
Date Established 1960
Assets $82.20 million
Loans $56.97 million
Deposits $73.71 million
Capital $7.99 million
 

Field of Membership Restrictions

Membership is open to those who live or work in Adams, DeKalb, Allen, Kosciusko, Huntington, Noble, Steuben, Wells and Whitley Counties in Indiana.

Deposit Rates - April 26, 2024

Your Current Location: Ohio, OH 43085

We do not yet have rates for General

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Advertiser Disclosure

Loan Rates - April 26, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for General

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



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

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Payment
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Northpointe Bank
NMLS ID: 447490
6.836% 6.750% 0.88 $2,822 $2,076 Learn More
PenFed Credit Union
NMLS ID: 401822
6.944% 6.750% 1.00 $6,400 $2,076 Learn More
Tomo Mortgage, LLC
NMLS ID: 2059741
7.004% 6.875% 0.63 $4,192 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.463% 7.375% 0.88 $2,800 $2,211 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$0 Learn More
More Info

Note to General
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Branches

Below are General 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:
Columbus,Ohio


General Locations



Climate Policy and Initiatives

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Financial Details

General Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of General. 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
General U.S. Average
6.09% 6.97

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 December 31, 2023, General had $463,985 in non-current loans and $31,185 in owned assets. To cover these potential losses it had $7,986,442 in net worth and $146,607 in loans loss reserves. That gives it a Texas Ratio of 6.09%.

Net Worth
General U.S. Average
9.71% 13.62%

General FCU has a net worth of 9.71% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



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