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Last Updated: 04/18/2025

GenFed Financial CU Savings Accounts

in Savings Accounts from GenFed Financial Credit Union

Last Updated: 04/18/2025

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Highlights

APY (Annual Percentage Yield)

0.00% - 0.10%(Verified 06/21/2024)

Minimum Opening Deposit

$0 - $100

Minimum Balance to Earn APY

N/A

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GenFed Financial CU Savings Accounts Review

GenFed Financial CU Savings Accounts is offered by GenFed Financial Credit Union, a credit union founded in 1938 and based in Akron, OH. GenFed Financial CU Savings Accounts are available in 50 states and Washington, DC.

Key Takeaways

  • Low interest rate. The maximum annual percentage yield for this account is only 0.10%.
  • No minimum initial deposit. There is no minimum balance required to open an account online.

GenFed Financial CU Savings Accounts Pros & Cons

GenFed Financial CU Savings Accounts FAQ

Are savings accounts from GenFed Financial Credit Union federally insured?

Yes, your savings accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

Does GenFed Financial Credit Union offer a signup bonus?

GenFed Financial CU Savings Accounts doesn't offer a signup bonus.

What is the minimum initial deposit for GenFed Financial CU Savings Accounts?

There is no minimum deposit to open a GenFed Financial CU Savings Accounts.

What APY does GenFed Financial CU Savings Accounts offer?

GenFed Financial CU Savings Accounts offers a variable APY and ranging up to 0.10% (APY stands for annual percentage yield, rates may change).

What fees does GenFed Financial CU Savings Accounts charge?

GenFed Financial CU Savings Accounts does not charge a monthly service fee. See the fee breakdown section below to view all fees.

    What features and perks does GenFed Financial CU Savings Accounts offer?

    This savings account includes the following features:

      Can you set up a direct deposit to GenFed Financial CU Savings Accounts?

      Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

      What is the customer support email for GenFed Financial CU Savings Accounts?

      The customer support email for GenFed Financial CU Savings Accounts is info@genfed.com.

      SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

      Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

      Contact

      Headquarters

      2492 Wedgewood Dr
      Akron, OH 44312
      (800) 850-5451
      Visit Site
      Email Support

      Hours of Operation

      Sunday
      Closed
      Monday
      9:00AM - 5:30PM
      Tuesday
      9:00AM - 5:30PM
      Wednesday
      9:00AM - 5:30PM
      Thursday
      9:00AM - 5:30PM
      Friday
      9:00AM - 5:30PM
      Saturday
      9:00AM - 6:00PM

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