GENCO FEDERAL CREDIT UNION - Lorena, TX

At Genco, your financial well-being is our top priority. Located at 230 N Frontage Rd, Lorena, TX 76655, we have been proudly serving our community since 1953. With a strong foundation and a commitment to our members, we currently support over 39,428 members, fostering a sense of belonging and trust. Our credit union stands out with impressive total assets of $444,066,893, and we maintain a net worth of $56,824,780, ensuring that your money is in safe hands. We offer a variety of services tailored to meet your needs, including personal banking options like checking and savings accounts, auto loans, mortgage loans, and even business banking solutions. While you can visit us directly at our branch for assistance or inquiries, any official correspondence can be sent to our mailing address: 731 N Valley Mills Dr, Waco, TX 76710-4848. Led by our dedicated CEO Neil Ling and Board President Robert Black, our team of 99 employees works tirelessly to ensure that you receive the best possible service. We are here to help you navigate your financial journey with confidence. With total deposits amounting to $55,963,796 and cash in hand of $4,854,111, we are equipped to support you in achieving your financial goals. Whether you're looking for loans of which we manage about 16,886 or simply need guidance on managing your finances effectively, Genco is here for you. We invite you to learn more about what we can do for you by visiting our website at gencofcu.org or giving us a call at 254-776-9550. Join us today and experience the Genco difference where community meets commitment!

Becoming a member of Genco feels like joining a family that truly cares about your financial well-being. If you're wondering how to get started, let me tell you it's easier than you might think! At Genco, we welcome individuals who live, work, worship, or attend school in our community. This means that if you're part of our vibrant area around 230 N Frontage Rd Lorena Tx 76655, you're likely eligible to join us and take advantage of all the benefits we offer, from competitive loan rates to personalized service. For more detailed information on eligibility requirements, feel free to visit our website at http://www.gencofcu.org/connect/become-a-member . And when you're ready to open an account, the process is simple! Just give us a call at (254) 776-9550 or check out our account opening details at https://www.24x7loans.com/gencofcuauto/default.aspx . We're excited to have you on board and support you in achieving your financial goals!

At Genco, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. With our commitment to providing strong financial services, you can trust that your money is in good hands. With a net worth of $56,824,780, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1279 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $83,504,561 in share certificates and $34,641,987 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $56,709,337 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $6,184 in used auto loans and a total of $221,224,571 in loans and leases. Our operations reflect our efficiency with a net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 90 full-time employees and 9 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $360,933. Total Share and Deposit Accounts: 69,515, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Genco is your trusted partner. Visit us at 230 N Frontage Rd Lorena Tx 76655 or call 254-776-9550 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.