Genisys Credit Union Explained

Genisys Credit Union
Type:Credit union
Key People:Jackie Buchanan (CEO)
Industry:Financial services
Aum:$2.567 billion (2019)
Footnotes:[1]
Location City:Auburn Hills, Michigan
Location Country:United States
Locations:32 (2019)

Genisys Credit Union is a credit union based in Auburn Hills, Michigan.[2]

Genisys Credit Union is the 5th largest credit union in Michigan with over 210,000 members and assets of 2.6 billion as of October 31, 2018.[3] They operate 28 branch locations in Michigan, 3 in Minnesota and 1 in Pennsylvania.[4] [5] In addition, Genisys belongs to the CO-OP Network which provides its members access to over 30,000 surcharge-free ATMs and 5,000 Shared Branch locations. The organization is a federally insured state-chartered credit union that is regulated by the National Credit Union Administration (NCUA). Genisys Credit Union was officially chartered in 1936.[6]

Membership

Membership in Genisys Credit Union is open to people who live, work, worship, attend school or own a business in the following areas: All 68 counties in the lower peninsula of Michigan, Dakota, Ramsey, Anoka, Hennepin, Scott and Washington Counties in Minnesota, and Montgomery County in Pennsylvania. Membership is also open to employees of affiliated select employee groups, and members of an affiliated association. Genisys Credit Union serves almost 450 different employee or associational groups. Membership is also open to immediate family members of a Genisys Credit Union member

Awards

Genisys has received numerous awards including:

• Earned the "Best of Bauer" Award for being 5-star rated based on safety and soundness for more than 100 consecutive quarters.

• Ranked as one of the top 100 safest credit unions in the country by BankRate.com

• Listed in the top 200 healthiest credit unions in the country by DepositAccounts.com

• Detroit Free Press Top 100 Workplaces winner 8 consecutive years in a row.

Notes and References

  1. Web site: About Genisys Credit Union. Genisys Credit Union. February 18, 2012.
  2. News: Genisys Credit Union. https://archive.today/20130118141450/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=4426606. dead. January 18, 2013. February 19, 2012. Bloomberg Businessweek.
  3. Web site: Michigan Credit Union Profile: Year End 2018 . Michigan Credit Union League & Affiliates . 18 July 2019.
  4. Web site: Reindl . JC . Unusual perks land these 4 companies in the 2018 Circle of Excellence . Detroit Free Press . 18 July 2019 . 9 November 2018.
  5. Web site: ATM/Branch Locator. Genisys Credit Union. 18 July 2019.
  6. Web site: Credit Union Online. National Credit Union Administration. February 16, 2012. https://web.archive.org/web/20100114031320/http://cuonline.ncua.gov/CreditUnionOnline/CU/FindCreditUnions.aspx. January 14, 2010. dead.