GUFCU

Generations United FCU: Fair, Equitable Banking Grounded in UCC Values

Generations United FCU: Fair, Equitable Banking Grounded in UCC Values

A message from GUFCU:

Generations United Federal Credit Union (GUFCU), which was first introduced to the United Church of Christ in June of this year, continues to grow and establish its identity as new members from many UCC conferences across the nation join.

Over the past few months, we’ve welcomed clergy, congregants, and their family members from New York to Hawaii, Massachusetts to Puerto Rico, and many states in between. We’re especially excited to see parents and grandparents open Youth Accounts for their children and grandchildren, and associations establishing checking and savings accounts to take advantage of our competitive interest rates. Most importantly, our deposits are being lent to members young and old, so they can pay down debt. These activities reflect our mission: building a stronger, financially responsible UCC community.

Through conversations with both prospective and new members, we’ve also discovered there are some misconceptions about our mission. We have updated our messaging on our website – https://gufcu.org to try to address them. Click through to read more.

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Generations United Federal Credit Union is Officially Chartered!

From Brian R. Bodager, President/CEO

"Supporting the United Church of Christ’s longstanding commitment to economic justice for all, the Pension Boards acted on a 2017 General Synod resolution that calls for the creation of a credit union that would serve UCC members and settings nationwide.

"I am pleased to share that on April 21, 2023, Generations United Federal Credit Union (Generations) was granted a charter and Share Insurance Fund participation by the National Credit Union Administration (NCUA).

"The formation of Generations was in part a response to the 2017 “Resolution of Support for Establishing Relationships Between United Church of Christ Settings and Community Development Federal Credit Unions,” which identified “the need for financial services to the historically underbanked or unbanked, as well as to victims of extortionate alternative financial-service industry models.”

Read the formal announcement

FAQs

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