Generations Credit Union

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A short history of Generations CU

Since its inception in 1944 the Generations Credit Union has been serving its members in the ROCKFORD, Illinois area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Karen Jurasek, the Generations CU has grown its membership to over 1,892 with assets of more than $19,370,404. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (815) 316-2900 or email them at kjurasek@generationscu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in ROCKFORD, IL.

General Information For Generations CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 60429
Address 5618 HARRISON AVE 
City ROCKFORD 
State Illinois 
Zip-Code 61108
Phone Number (815) 316-2900
Fax Number (815) 316-2902
Email Address: kjurasek@generationscu.org
CEO/President Karen Jurasek
Members 1,892 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 19,370,404 
Website http://www.generationscu.org 

Compare Generations Credit Union To Other Local Credit Unions


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Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
St. Anthony Hospital Employee CU St. Anthony Hospital Employees Federal 5510 E State St 61125 (815) 395-5146 No 0.83
Membersalliance CU Olde Creek 6951 Olde Creek Rd 61114 (815) 484-1160 No 1.92
Swedish American CU SwedishAmerican Federal Credit Union 1401 E State St 61104 (815) 489-4096 No 3.79
Rockford Bell CU MT. MORRIS 4 E Main St 61054 (815) 734-6427 No 4.82
Rock Valley CU Loves Park 1201 Clifford Ave 61111 (815) 877-0441 No 4.86

Generations Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Generations Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.90 2.99 3.29 3.25 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 151 145 123 44 229
Rank Among All Illinois Credit Unions 15 43 36 9 48

Generations Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.13 0.13 N/A 0.25 0.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 112 122 N/A 310 227
Rank Among All Illinois Credit Unions 15 32 N/A 57 30
Generations Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.900236574,683
All Other Unsecured Loans/Lines of Credit 9.500262722,842
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.990791,433,133
Used Vehicle Loans 3.2902572,625,045
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.250543,328,832
Total Other Real Estate Loans/Lines of Credit 5.00050883,079
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.25031132,063
TOTAL LOANS & LEASES 9699,699,677

Generations Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 543,328,8324411,200
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 50883,0795130,200
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 1044,211,9119541,400

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Generations Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes