MyGen News Spring Edition
Scholarship for Future Leaders

Earlier this month we launched our Future Leader Scholarship for the 2019-2020 school year. This scholarship will provide 10 of our members with $1,000 to use towards educational expenses. An additional scholarship will be awarded internally to either an employee who plans to attend an accredited institution, or a family member of an employee.

Providing support to the next generation of go-getters and wisdom seekers is an important part of the Generations legacy. We offer this scholarship to any g
raduating high school senior, current undergraduate student, graduate student, doctoral, post-doctoral and/or continuing education, trade school and/or vocational school student. If you're interested or know someone who would be, you can read more about the scholarship on our website.

Don't delay - applications close at 5:00 p.m. on Friday, April 12, 2019!


From the President

Generations FCU kicked off 2019 with several “bests,” highlighting our commitment to service excellence and member value.
 
We partnered with MemberXP in 2018 to get feedback from members about their credit union transactions. Our scores resulted in a “Best of the Best” designation, which was awarded to only one in five MemberXP credit union partners across the country. We’re now extending these member feedback surveys to other areas of our organization. ... continue reading
Six Steps to Consider Before Tapping Your Retirement Savings Plan
Six Steps to Consider Before Tapping Your Retirement Savings Plan

You've worked long and hard for years, saving diligently through your employer-sponsored retirement savings plan. Now, with retirement on the horizon, it's time to begin thinking about how to tap your plan assets for income. But hold on, not so fast. You may need to take a few steps first.
Annual Meeting

Thank you to everyone who joined us at our annual meeting this past Wednesday, April 3.

This was an extra special meeting as we said goodbye to retiring board member, Leroy Harvey. Mr. Harvey has been a board member since 1969 and has seen generations of new members join our credit union.

 
Annual Meeting
Save on TurboTax
Save Up To $15 On TurboTax

We've teamed up with TurboTax to bring our members up to $15 in savings when they use TurboTax federal products. With the deadline looming, you can start your return for free now and choose the TurboTax edition that's right for you.

 Click here to get started!
Quick Tips
To minimize ACH (electronic payments/withdrawals) transactions from rejecting, it is crucial to ensure that account information for the direct deposit (e.g. payroll deposit, tax refund, etc.) or automatic withdrawal (e.g. monthly insurance payment, gym membership, etc.) is provided to the employer or merchant correctly. Read more here to ensure your payments are correct.
Announcements
Our Culebra branch will be closing on April 30, 2019. You can read the full statement and details on nearby branches here.

All Generations branches and drive-thrus will be closed on Monday, May 27, 2019 in observance of Memorial Day.
Financials
As of February 28, 2019
 
 Total Assets
$515,936,956.40

 Total Shares 
$459,422,902.32

Total Loans
$364,638,720.57
 
Board of Directors | Locations | eServices | Press

Generations Federal Credit Union | PO Box 791870 San Antonio, TX 78279 | Privacy Promise

To be eligible for these products and services, you must live, work, worship, volunteer, attend school or own a business in Atascosa, Bandera, Bexar, Comal, Guadalupe, Kendall, Medina and/or Wilson County, Texas. All immediate family members of those listed above are also eligible for membership.


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