Genfed Financial Akron OH Credit Union

Introduction

Welcome to Genfed Financial, your trusted credit union since 1937! Located at 2492 Wedgewood Dr Ste G, Akron, OH 44312, we are dedicated to providing personalized financial solutions that meet the unique needs of our 25,011 members. With a strong commitment to community and service, we pride ourselves on being a reliable partner in your financial journey. At Genfed Financial, we understand that every member's story is different. That's why we offer a range of products and services designed to help you achieve your financial goals. With total assets of $318,623,056 and deposits totaling $52,106,084, we have the strength and stability to support you every step of the way. Our experienced team, led by CEO Michael Doran and Board President Joyce Jones, is here to guide you with expert advice and friendly service. While members can visit us at our branch for all their banking needs, official correspondence should be sent to our mailing address: 2492 Wedgewood Dr, Akron, OH 44312. Whether you're looking for loans over 13,797 of them have been funded or simply want to learn more about managing your finances effectively, we encourage you to reach out. Our focus extends beyond just numbers; it's about making a difference in the lives of our members and the Akron community. With total cash in hand amounting to $2,856,873, we are well-positioned to continue offering competitive rates and innovative services. Ready to take the next step? Call us at 330-734-0225 or visit our website at Genfed Financial today! Let us help you navigate your financial future with confidence.

Branch History & Mission

Community Connections

Community involvement is at the heart of what we do. We actively participate in local events and partner with organizations that align with our values of support and growth. From sponsoring youth sports teams to hosting financial workshops, Genfed Financial is dedicated to making a difference in Akron. We invite you to join us as we continue this journey together. Explore the benefits of membership with Genfed Financial today! Whether you're looking for comprehensive financial solutions or simply want to connect with your neighbors at the credit union that cares let's grow together! For more information or assistance, feel free to call us at 330-734-0225 or visit us online at Genfed Financial.

Mission Statement

Our mission at Genfed Financial is simple yet profound: to provide exceptional financial services while supporting the communities we serve. We believe in empowering our members through education and resources that promote financial literacy and stability. Whether you're looking for loans, savings accounts, or guidance on managing your finances, our dedicated team is here to help. While members can visit us at 2492 Wedgewood Dr Ste G, official correspondence should be sent to 2492 Wedgewood Dr, Akron, OH 44312. We understand that every interaction matters and strive to make each experience positive and impactful.

Our Evolution

Over the years, Genfed Financial has marked several milestones that reflect our dedication to enhancing the member experience. From introducing innovative banking solutions to fostering community engagement through outreach programs, we have consistently prioritized the well-being of those we serve. Our headquarters in Akron allows us to stay deeply connected with local events and initiatives that strengthen our community ties. As we embraced technology, we launched digital banking options like mobile payments and online banking services. These advancements ensure that our members can manage their finances conveniently while still receiving personalized service when they visit us during our lobby hours from 9 AM to 5 PM, Monday through Friday.

Branch Location & Accessibility

Convenient Access and Nearby Landmarks

Situated just a stone's throw away from the beautiful parks and community centers in the area, Genfed Financial is perfectly positioned for all your banking needs. Our location provides ample parking for visitors, ensuring you can pop in without any hassle. Plus, we have designed our branch with accessibility in mind, featuring ADA-compliant ramps to welcome everyone.

Operating Hours and Services

We understand that your time is valuable. That's why we keep our doors open Monday through Friday from 9:00 AM to 5:00 PM, making it easy for you to drop by during your busy week. While we currently do not offer drive-thru services or ATMs on-site, our team is here to assist you with a range of banking services right inside the branch.

Reach Out Anytime!

If you have questions or need assistance before your visit, feel free to give us a call at 330-734-0225. We're here to help! While you can visit us at our physical address for all your banking needs, please note that official correspondence should be sent to our mailing address at 2492 Wedgewood Dr, Akron, OH 44312. Come by Genfed Financial today we look forward to serving you!

Member Eligibility

At Genfed Financial, we believe that everyone deserves a supportive community where they can thrive. Becoming a member is simple and welcoming! If you live, work, or worship in the Akron area, or if you have family members who are already part of our credit union, you're likely eligible to join us. We prioritize creating an inclusive environment where you can access financial services tailored to your needs. Plus, as a member, you'll enjoy benefits like competitive loan rates and personalized service that makes banking feel more like a partnership. For detailed eligibility criteria, feel free to check out our resource at . Once you're ready to become part of our family, opening an account is just a phone call away at (330) 734-0225. We can't wait to welcome you to Genfed Financial at 2492 Wedgewood Dr Ste G Akron Oh 44312!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $12 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $77 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $2,958,665, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer merchant services that streamline your payment processes. Imagine running your store and having the ability to accept payments quickly and securely from customers. Our services allow you to focus on what matters most growing your business while ensuring customer satisfaction. Located at 2492 Wedgewood Dr Ste G Akron Oh 44312 in Akron, OH, we're dedicated to helping local businesses thrive. Reach out to us at (330) 734-0225 today to learn how we can assist you!

Comprehensive List Of Services

Banking Made Easy

In today's fast-paced world, having access to reliable banking services is crucial. That's why we offer ATM Services Only for quick cash withdrawals and account inquiries. Whether you're grabbing lunch or running errands in town, you can easily find an ATM nearby. This flexibility helps ensure that you can manage your finances anytime, anywhere without the hassle.

Digital Solutions for Modern Members

Embracing technology is vital for making banking simpler and more efficient. Our online banking platform allows you to monitor your accounts, pay bills, and transfer funds from the comfort of your home or on the go. Plus, with our mobile application, managing your finances has never been easier. You can check balances, deposit checks using mobile payments, and even send money to friends through our person-to-person service all at your fingertips.

Personal Touch in Every Service

At Genfed Financial, we understand that each member has unique financial goals. That's why we take the time to get to know you and provide personalized advice tailored to your needs. Whether you're planning for a new car or looking for ways to save for a home, our team is here to guide you every step of the way.

Your Local Resource

As a trusted member of the Akron community, we are dedicated to providing excellent service that meets your needs. If you have any questions about our services or want to learn more about how we can assist you in achieving your financial goals, don't hesitate to reach out! Give us a call at 330-734-0225 or visit us at our branch. Join us at Genfed Financial, where we're committed to helping you navigate your financial journey with ease and confidence! For more information about our services and offerings, please visit our website: Genfed Financial.

Digital & Online Banking

Key Services for Your Convenience

With our online banking platform available at Genfed Financial, you can access your accounts 24/7. No more waiting in line; simply log in from your computer or mobile device to check balances, pay bills, or transfer funds. Plus, with person-to-person transfers, sending money to friends and family is just a few clicks away. Our mobile application enhances this experience even further. You can manage your finances on the go, making it simple to handle transactions whenever you need to. And if you prefer keeping things paperless, we offer e-statements that allow you to view your account statements online securely.

Secure and User-Friendly Features

Security is a top priority for us. With features like electronic signature authorization, you can sign documents digitally, making transactions quicker without compromising safety. Additionally, our mobile payments feature means you can make purchases directly from your phone with ease. The user-friendly interface of our online banking makes navigating through your financial information straightforward and intuitive. Whether you're tech-savvy or just getting started with online banking, you'll find everything easy to use. In today's fast-paced world, having control over your finances anytime and anywhere is essential. At Genfed Financial, we strive to provide accessible tools that help you stay on top of your financial goals while ensuring peace of mind. Experience the convenience of digital banking today!

Financial Strength

Growing Together

As your trusted credit union, we have a robust member base with a total of 51,093 share accounts, demonstrating the confidence our community places in us. Our resources are dedicated to helping you achieve your financial aspirations. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Genfed Financial is your trusted partner. Visit us at 2492 Wedgewood Dr Ste G Akron Oh 44312 or call (330) 734-0225 to learn more about how we can help you achieve your financial goals.

Investing in Your Future

Our commitment to serving you goes beyond basic banking. With $39,845,209 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. We support your financial goals with $4,375 in used auto loans and $212,449,141 in total loans and leases.

Member-Centric Savings

Your savings are secure with us. We hold $48,355,787 in share certificates and $41,498,809 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.

Operational Efficiency

Our operational efficiency is reflected in our $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 78 full-time employees and 6 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Health

With a net worth of $50,084,375, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,571 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Additional Financing Options

For business owners seeking growth opportunities, our outstanding commercial loans totaling $2,958,665 provide the capital needed to expand operations or invest in new ventures. Additionally, we have total credit lines amounting to $25,529,700, offering flexibility for various financial needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. If you have any questions about eligibility options or how to apply for any of these products, feel free to contact us at 330-734-0225. At Genfed Financial located at 2492 Wedgewood Dr Ste G Akron OH 44312, we're here to help you navigate your borrowing needs with transparency and care.

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $63,130,135 in used vehicle loans and $21,369,833 in new vehicle loans already helping members get on the road. We provide financing for both new and used vehicles to ensure you find something that fits your budget. Plus, if you're interested in refinancing your current auto loan for better terms or rates, we can guide you through that process as well.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $21,426,196, making buying or refinancing straightforward. We work closely with our members to find a mortgage solution that meets their specific needs whether it's your first home or an investment property.

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans, with a total of $6,619,297 in loans helping members manage their finances effectively. These credit cards come with competitive interest rates and no collateral required. They are ideal for those looking to establish or rebuild their credit while enjoying the benefits of cash back or rewards.

Loan Aggregator

Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This ensures that users receive fair and transparent offers. Each loan comparison reflects the most current rates available, giving users confidence in their choices.

Benefits of Using LendMesh

- Verified Data: All loan offers come from legitimate financial institutions. This sourcing guarantees that the information is accurate and trustworthy. - No Sponsored Listings: Unlike some comparison tools, LendMesh does not prioritize lenders based on paid promotions. The focus is solely on providing unbiased results, so you can compare options fairly. - Real-Time Rate Comparisons: With up-to-date loan rates from multiple institutions, users can easily see which offers are most competitive at any given moment. Thousands of users trust LendMesh for their loan comparisons. One member shared their experience: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This feedback highlights how LendMesh can make a significant impact on your financial journey. Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

GENFED FINANCIAL CREDIT UNION - Akron, OH