Charter 97106 · Akron, OH
Genfed Financial Credit Union
Genfed Financial Credit Union is a state-chartered credit union in Akron, Ohio, with $336 million in assets and 24,225 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 16.78%, well above the 7% that NCUA's rules treat as well capitalized.
NCUA's records list Genfed Financial Credit Union as a state-chartered credit union that is not federally insured. Deposits are not covered by NCUA's Share Insurance Fund; ask the credit union how they are insured.
Also does business as N/A - None.
- Total assets
- $336 million
- +7.5% in a year
- Members
- 24,225
- -1.9% in a year
- Net worth ratio
- 16.78%
- Peer median 11.65%
- Loans 60+ days late
- 1.38%
- Peer median 0.70%
- Loans outstanding
- $204 million
- -0.6% in a year
- Shares and deposits
- $280 million
- +8.1% in a year
- Branches
- 9
- 83 employees
- Opened
- 1937
- Ohio charter
How Genfed Financial Credit Union compares
NCUA groups credit unions by size; Genfed Financial Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 16.78% is higher than that group's median of 11.65%, and its share of loans 60 or more days past due, 1.38%, is higher than the group median of 0.70%. Loans fell 0.6% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 32 of 192 credit unions headquartered in Ohio. See all Ohio credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $336 million | 24,225 | $204 million | 16.78% | 1.38% |
| Q1 2026 | $332 million | 24,137 | $206 million | 16.69% | 1.05% |
| Q4 2025 | $318 million | 24,303 | $206 million | 17.09% | 1.35% |
| Q3 2025 | $307 million | 24,810 | $205 million | 17.37% | 1.12% |
| Q2 2025 | $313 million | 24,688 | $205 million | 16.61% | 0.82% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 1.1 million potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 10 sites for Genfed Financial Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Akron Office
2492 Wedgewood Dr Ste B, Akron, OH 44312 - Bryan Office
121 S Union St, Bryan, OH 43506 - Mt Vernon Office
800 S 42Nd St, Mount Vernon, IL 62864 - Shelbyville Office
709 E State Road 44, Shelbyville, IN 46176 - Wadsworth North Office
157 Great Oaks Trl, Wadsworth, OH 44281 - Centralia Office
903 S Elm St, Centralia, IL 62801 - Sheffield Lake Office
5382 E Lake Rd, Sheffield Lake, OH 44054 - Corporate Office (main office)
2492 Wedgewood Dr Ste G, Akron, OH 44312 - Antwerp
5350 County Road 424, Antwerp, OH 45813 - Lorain Office - Oberlin Ave
5320 Oberlin Ave, Lorain, OH 44053
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology