Genfed Financial
Genfed Financial is a credit union based in Akron, Ohio, established in 1937, with $332 million in total assets serving 24,137 members. By Trust Grade it ranks 43rd of 195 credit unions we track in Ohio. Its net worth ratio of 16.7% is stronger than 93% of similarly sized credit unions, versus a Ohio median of 12%. It was profitable over the most recent period, with a 1.28% return on assets. No consumer complaints against Genfed Financial appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Genfed Financial compares to Ohio peers
How we graded Genfed Financial
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (16.7% capital ratio)
- Strongly profitable (ROA 1.28%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Genfed Financial over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Genfed Financial insured?
Yes. Genfed Financial 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.
Genfed Financial: frequently asked questions
Is Genfed Financial a good credit union?
Genfed Financial earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (16.7% capital ratio); Strongly profitable (ROA 1.28%).
Is Genfed Financial NCUA-insured?
Yes. Genfed Financial 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 Genfed Financial?
Genfed Financial holds $332 million in total assets, ranking 43rd of 195 credit unions we track in Ohio. It serves 24,137 members.
Does Genfed Financial have CFPB complaints?
No CFPB complaints against Genfed Financial 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.
