Rockford, IL 61108

Notable Rates APY Vs.Others
Savings 0.13% 2.20% →
1-Year CD 0.25% 2.20% →
2-Year CD 1.10% 2.20% →
5-Year CD 1.15% 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Credit Union Information

Generations is an NCUA insured institution located in Rockford, IL. It was founded in 1944 and has approximately $19.07 millions in assets.

NCUA Insured Yes
Charter Number # # 60429
Date Established 1944
Assets $19.07 million
Loans $9.92 million
Deposits $15.63 million
Capital $2.87 million

Field of Membership Restrictions

Generations Credit Union of Illinois is open to the residents and the people that maintain employment within these qualified counties: Boone, Dekalb, Ogle, Stephenson, and Winnebago.

Deposit Rates - February 19, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Fixed IRA
0.25% $100 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.25% $1,000 - Learn MoreShow Less
12 Mo CD
0.25% $1,000 - Learn MoreShow Less
24 Mo CD
1.10% $500 - Learn MoreShow Less
60 Mo CD
1.15% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.13% $1 - Learn MoreShow Less

Loan Rates - February 19, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for GENERATIONS

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 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: MC-3098
3.375% 3.375% 0.00 ($122) $1,106 Learn More
Rocket Mortgage
NMLS ID: 3030
4.668% 4.625% 0.00 $1,250 $1,286 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.793% 4.750% 0.00 $1,250 $1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

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


Below are Generations 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:

Generations Locations

Financial Details

Generations Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Generations. 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
Generations U.S. Average
0.80% 5.86

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 June 30, 2019, Generations had $24,032 in non-current loans and $0 in owned assets. To cover these potential losses it had $2,869,647 in net worth and $139,360 in loans loss reserves. That gives it a Texas Ratio of 0.80%.

Net Worth
Generations U.S. Average
15.04% 13.65%

Generations FCU has a net worth of 15.04% versus the BestCashCow average of 13.65. 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 Generations

Branches and Savings

What is Generations?

A federal credit union, registered with the NCUA under certificate #60429.
Learn more about credit unions here.

Is Generations 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 Generations?

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

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

Generations'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 Generations?

Generations has total capital of $2.87 million. Full information on Generations's financial position is located above.

Who owns Generations?

Credit Unions are owned by their members.

Where are Generations branches located?

See branch locations nearby.

Are Generations ATMs Open 24/7?

Do Generations ATMs accept cash deposits?

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

Does Generations have a mobile app?

Does Generations have mobile deposit?

Does Generations have quick pay?

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

Does Generations report to credit bureaus?

Does Generations use Chexsystems?

Does Generations use Equifax?

What is Generations's toll free phone number?

What is Generations's ACH Routing Number?

What is Generations's SWIFT code?

Where can I find Generations's wire transfer form?

What is the Generations address for deposits?

What Products Does Generations Offer

Does Generations offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Generations offer auto and RV loans?

Compare auto loan rates here.

Does Generations offer student loans or personal loans?

Compare personal loan rates here.

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