Generations
Generations is a credit union based in Rockford, Illinois, established in 1944, with $23 million in total assets serving 2,094 members. By Trust Grade it ranks 56th of 188 credit unions we track in Illinois. Its net worth ratio of 15.7% is stronger than 59% of similarly sized credit unions, versus a Illinois median of 13.7%. It was profitable over the most recent period, with a 0.85% return on assets. No consumer complaints against Generations appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Generations compares to Illinois peers
How we graded Generations
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (15.7% capital ratio)
- Profitable (ROA 0.85%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for Generations over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Generations insured?
Yes. Generations is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Generations: frequently asked questions
Is Generations a good credit union?
Generations earns a Bankzia Trust Grade of A (97/100, "Excellent"), based on a financial-strength score of 97/100 (it has no CFPB complaints on record). Strongly capitalized (15.7% capital ratio); Profitable (ROA 0.85%).
Is Generations NCUA-insured?
Yes. Generations is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Generations?
Generations holds $23 million in total assets, ranking 56th of 188 credit unions we track in Illinois. It serves 2,094 members.
Does Generations have CFPB complaints?
No CFPB complaints against Generations appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
