Sep, 30, 2025 — GENERATIONS UNITED FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 1 branch location and about $6.53 million in total assets. Opened 3 years ago in 2023, GENERATIONS UNITED FEDERAL CREDIT UNION has about 227 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GENERATIONS UNITED FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 420 Lexington Ave Rm 850 NEW YORK, NY 10170-0033 |
| Phone: | (646) 856-2106 |
| Fax: | |
| Website: | https://www.gufcu.org |
| Branches: | 1 branch locations |
| Members: | 227 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24947 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 2023 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,532,785 |
| CEO/Manager: | John E Linzey |
| Chairperson: | Lawrence Yunaska |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 511,333 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,624,077 |
| Other Loans | 0 |
| TOTAL LOANS | 1,624,077 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -21,755 |
| Land And Building | 0 |
| Other Fixed Assets | 37,029 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 281 |
| All Other Assets | 0 |
| TOTAL ASSETS | 6,532,785 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 8,353 |
| Accounts Payable & Other Liabilities | 1,299,067 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 458,758 |
| Regular shares | 199,008 |
| All Other Shares & Deposits | 873,080 |
| TOTAL SHARES & DEPOSITS | 1,530,846 |
| TOTAL LIABILITIES | 2,838,266 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,694,519 |
| TOTAL EQUITY | 3,694,519 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,532,785 |
| INCOME & EXPENSE | |
| Loan Income | 62,978 |
| Investment Income | 163,273 |
| Other Income | 3,405 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,185,422 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 21,755 |
| Cost of Funds | 20,638 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -988,942 |
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