Genfed Financial Wadsworth OH Credit Union | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Genfed Financial, your trusted partner in financial wellness since 1937. Located conveniently at 157 Great Oaks Trl, Wadsworth, OH 44281, we take pride in serving our community with a commitment to excellence and personal service. With a robust membership of over 25,000 individuals, we aim to foster a sense of belonging and support among our members. At Genfed Financial, we understand that each member has unique financial needs. That's why we offer a wide range of services including checking and savings accounts, auto loans, mortgages, personal loans, credit cards with rewards, and business banking solutions. Whether you're looking to buy your first car or save for a dream home, we have the tools and resources to help you succeed. As of now, our total assets stand at an impressive $318,623,056, with total deposits reaching $52,106,084. Our strong financial position is a testament to the trust our members place in us. We also maintain a healthy net worth of $50,084,375 and have $2,856,873 in cash on hand to ensure liquidity and flexibility for our operations. Under the leadership of CEO Michael Doran and Board President Joyce Jones, we are dedicated to improving the financial lives of our members while contributing positively to the Wadsworth community. Our team of 84 employees is here to assist you Monday through Saturday with personalized service tailored just for you. While members can visit us at our branch for everyday transactions or financial consultations, official correspondence should be sent to our mailing address: 157 Great Oaks Trail, Wadsworth, OH 44281. We invite you to explore what makes Genfed Financial special. For more information or assistance, don't hesitate to reach out by calling us at 330-336-3556 or visit our website at genfed.com. Join us today as we work together towards a brighter financial future!

Branch History & Mission

Welcome to Genfed Financial, your trusted credit union in the heart of Wadsworth, Ohio. Established in 1937, we have proudly served our community for over eight decades. From our humble beginnings, we have grown into a vital financial institution, now supporting more than 25,000 members with assets totaling over $318 million. Our branch is conveniently located at 157 Great Oaks Trl, Wadsworth, OH 44281, a spot easily accessible for all your banking needs. Whether you're near the bustling downtown or enjoying the serene surroundings of our beautiful parks, we're just around the corner. If you need to send us official correspondence, please note that our mailing address is the same as our branch address. At Genfed Financial, our mission extends beyond just providing financial services. We aim to empower our members through education and support while fostering a strong sense of community. We believe in putting people before profits and strive to deliver products that enhance financial well-being whether it's through personal loans, auto financing, or innovative online banking solutions. In today's fast-paced world, we understand the importance of being accessible. That's why we offer ATM availability and drive-thru banking for your convenience. Our operating hours are designed with you in mind: Monday through Thursday from 8:30 AM to 5:00 PM, Friday until 6:00 PM, and Saturday from 9:00 AM to 1:00 PM. We also prioritize digital advancements to ensure that banking is easier than ever for our members. Our services include mobile payments and online banking features that allow you to manage your accounts anytime, anywhere. As part of our commitment to community engagement, Genfed Financial actively participates in local outreach efforts and partnerships aimed at uplifting those around us. We are dedicated not only to serving our members but also making a positive impact in Wadsworth and beyond. Join us at Genfed Financial and experience firsthand how we can help you achieve your financial goals while becoming an integral part of a caring community. Together, let's build a brighter future! For more information or inquiries, don't hesitate to reach out at 330-336-3556 or visit us online at Genfed Financial.

Branch Location & Accessibility

Operating Hours

At Genfed Financial, we understand that life can get busy. That's why we offer flexible hours tailored to fit your schedule. You can visit us Monday through Thursday from 8:30 AM to 5:00 PM, Friday from 8:30 AM to 6:00 PM, and Saturday from 9:00 AM to 1:00 PM. Whether you need to open a new account or have questions about loans, our friendly staff is always ready to help during these times.

Services Offered

Our branch is equipped with both ATM and drive-thru services for your convenience. You can quickly make deposits or withdrawals without stepping inside if you're on the go. We also provide a full range of personal banking services including checking and savings accounts, auto loans, mortgages, personal loans, and business banking solutions. Plus, with online and mobile banking options available, managing your finances has never been easier. We invite you to come experience the welcoming atmosphere at Genfed Financial! If you have any questions or need assistance before your visit, don't hesitate to call us at 330-336-3556. We look forward to seeing you soon!

Member Eligibility

At Genfed Financial, we believe in creating a welcoming community where everyone can thrive. If you're looking to become a member, you'll be pleased to know that joining us is quite straightforward! We invite individuals who live, work, worship, or attend school in our local area to apply for membership. This means that if you're part of our vibrant Wadsworth community, you're likely eligible! Becoming a member not only grants you access to our wide range of financial services but also allows you to enjoy the perks of being part of a supportive network dedicated to helping you achieve your financial goals. Ready to take the next step? Opening an account with us is simple and hassle-free. You can learn more about the specific eligibility criteria by visiting this link: . If you have any questions or need assistance, feel free to reach out at (330) 336-3556. We look forward to welcoming you to Genfed Financial, located at 157 Great Oaks Trl Wadsworth Oh 44281, where together we can build a brighter financial future!

Business Banking & Commercial Services

Business Loans Tailored for Growth

Imagine having the financial support you need to seize new opportunities. 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 That Make Transactions Easy

In today's fast-paced world, efficient payment solutions are crucial. Our merchant services simplify transactions, allowing you to focus on what matters most your customers. With secure payment processing options, you can accept payments seamlessly, whether in-person or online. Visit us at 157 Great Oaks Trl Wadsworth Oh 44281 or call us at (330) 336-3556 to learn how our business banking solutions can support your journey toward success!

Comprehensive List Of Services

Additional Services

When it comes to transactions, our basic drive-thru banking provides quick service for deposits, withdrawals, and simple transactions without leaving your car. This is perfect for those busy days when time is tight. We invite you to visit us at our Wadsworth North Office or call us at (330) 336-3556 to learn more about how we can assist you in achieving your financial goals. Explore the comprehensive services available at Genfed Financial we're here for you every step of the way!

Credit Cards and Business Banking

For those who love rewards, our credit cards with rewards program is designed to give back as you spend. From cashback to travel points, each purchase can bring you closer to your next reward. If you own a business or are thinking of starting one, our business banking services, including merchant services and business loans, are just what you need. We understand the challenges entrepreneurs face and are dedicated to providing resources that will help your business thrive.

Digital Banking for Convenience

In today's fast-paced world, convenience is key. That's why at Genfed Financial, we offer online and mobile banking solutions that let you manage your accounts anytime, anywhere. With features like ATM access for cash withdrawals and balance checks, as well as person-to-person payment options, handling your finances has never been simpler.

Personal Banking Services

Starting with personal banking, we offer various checking and savings accounts tailored to help you manage your finances effectively. If you're considering purchasing a new car, our auto loans and vehicle financing options can help make that dream a reality. With competitive rates and flexible terms, getting behind the wheel has never been easier. Thinking about buying a home? Our mortgage loans and refinancing solutions are here to guide you through the process. We also provide personal loans and debt consolidation options that can help ease financial burdens, allowing you to focus on what truly matters.

Digital & Online Banking

Accessibility and Ease-of-Use

Our commitment to accessibility means that managing your finances has never been simpler. You can quickly enroll in online banking and start enjoying these features immediately. With real-time account management, you can track your spending, pay bills, and monitor account activity effortlessly. Join us at Genfed Financial and experience the ease and security of our digital banking services today!

Key Features

Our online banking platform is user-friendly and secure. You can take advantage of E-Statements for quick access to your financial documents without the hassle of paper statements. Want to send money to a friend? Our Person-to-Person Transfers feature allows you to easily transfer funds with just a few taps on your phone or computer. If you're always on the move, you'll love our Mobile Application. It provides all the features of online banking right at your fingertips, including the ability to make Mobile Payments for quick transactions wherever you are. Plus, you can rest easy knowing that we support Electronic Signature Authorization, making it simple and secure to sign documents digitally.

Financial Strength

Committed Team Ready to Serve You

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 and committed team. Our dedicated staff is here to assist you with any banking needs you may have. With total share accounts at 51,093, this shows 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, Genfed Financial is your trusted partner. Visit us at 157 Great Oaks Trl Wadsworth OH 44281 or call 330-336-3556 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.

Member Savings are Secure

Members' savings are secured through $48,355,787 in share certificates and $41,498,809 in money market shares, offering stable and rewarding financial growth opportunities. These products are designed to help your money grow while keeping it safe. 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.

Our Solid Foundation

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. This figure is crucial as it indicates our ability to withstand economic fluctuations and serve you effectively. Our net worth ratio of 1571 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Reinvestment for Growth

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. This continuous reinvestment helps us improve the services you rely on every day.

Supporting Your Financial Goals

With $4,375 in used auto loans and $212,449,141 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our range of loan products ensures that whether you're purchasing a new vehicle or planning a major life investment, we're here to help. Our operational efficiency is reflected in our net income of $0, showcasing our commitment to maintaining a sustainable business model while focusing on member satisfaction.

Loan Offering

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. Whether you're interested in financing a new or used vehicle, we have options tailored to fit your budget and lifestyle.

Credit Lines and Business Loans

For those looking for additional financial flexibility, our total credit lines amount to $25,529,700, providing you with access to funds when you need them most. Additionally, if you're a business owner seeking growth opportunities, our outstanding commercial loans totaling $2,958,665 are here to support your expansion plans. Our loan offerings also include refinancing options for eligible members who want to take advantage of lower interest rates or better terms. To learn more about our loan products or eligibility requirements, visit us online at Genfed Financial or call us directly at 330-336-3556. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. At Genfed Financial, we're committed to supporting our members every step of the way as they navigate their financial journeys.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We provide a range of mortgage products including Junior Lien 1-4 Family Residential Properties loans totaling $21,426,196. Our knowledgeable staff will work with you to find an option that meets your needs and helps you secure your dream home.

Unsecured Credit Card Loans

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 various benefits that can enhance your purchasing power while maintaining control over your spending.

Loan Aggregator

Benefits of Using LendMesh

Using LendMesh comes with several key benefits: - Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions. Thousands of users trust LendMesh for their loan comparisons. One member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!"

Call to Action

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.*

Ensuring Accurate Comparisons

LendMesh stands out for its commitment to accuracy in 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 rigorous sourcing ensures that users receive fair and transparent offers, giving them peace of mind as they explore their financing options.