Generations United Federal Credit Union New York, New York
Generations United Federal Credit Union is a federal credit union headquartered in New York, NY, established in 2023 (NCUA charter 24947), and it is regulated and insured by the NCUA. At Q2 2026 it reported 267 members and total assets of $7.0M (up 20.3% from Q2 2025), the 218th largest of 267 credit unions headquartered in New York. Its net worth ratio was 44.44% at Q2 2026, in the well capitalized band.
Also written as Generations United FCU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 24947
- Headquarters
- New York, NY
- Established
- 2023
- Total assets, Q2 2026
- $7.0M
- Assets vs Q2 2025
- +20.3%
- Members, Q2 2026
- 267
- Net worth ratio, Q2 2026
- 44.44%
- Latest call report
- Q2 2026, NCUA 5300 · Generations United Federal Credit Union call report
- Asset rank in state
- 218th of 267 in New York
- Routing number
- 026084754
- Branches
- 1
It has 161 more members than on June 30, 2025 (+151.9%). Its net worth ratio was down 23.59 percentage points from 68.03% on June 30, 2025. Other unsecured loans and lines of credit are its largest loan category, $1.7M of $3.2M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.83% is below the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 44.44% net worth ratio is above that band's 14.31% median.
Credit unions similar in size in New York
Frequently asked about Generations United Federal Credit Union
How big is Generations United Federal Credit Union?
At Q2 2026 it reported total assets of $7.0M and 267 members.
Where is Generations United Federal Credit Union headquartered?
It is headquartered in New York, NY, United States.
When was Generations United Federal Credit Union founded?
It was established in 2023, per NCUA records.
Is Generations United Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 24947): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Generations United Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Generations United Federal Credit Union well capitalized?
Its net worth ratio was 44.44% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Generations United Federal Credit Union's delinquency ratio?
Its delinquency ratio was 0.83% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Generations United Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 132.06% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- New York, NY 10115
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 2023
- NCUA Charter #
- 24947
- RSSD ID
- 5878576
- Members
- 267
- Potential members
- 600,000
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 1 of 7 ranked measures and in the bottom quartile on 3.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 44.44% | 14.31% | over 90th top |
| Return on assets Middle half of peers: 0.16% to 1.30% | -5.76% | 0.72% | under 10th bottom |
| Return on equity Middle half of peers: 1.04% to 8.69% | -12.96% | 4.74% | under 10th bottom |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 4.39% | 3.93% | 69th above |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 235.20% | 79.83% | under 10th bottom |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 1.05% | 0.78% | 35th below |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 0.83% | 0.86% | 51st above |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 5.44% | 4.70% | 77th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 132.06% | 58.92% | over 90th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$7.0M total assets against $5.8M; $2.5M total shares and deposits against $637K; $3.2M total loans against $1.1M.
$3.1M net worth against $4.0M.
44.44% net worth ratio against 68.03%.
132.06% loan-to-share ratio against 170.81%.
0.83% delinquency ratio.
-5.76% return on assets against -14.97%; -12.96% return on equity against -22.00%.
4.39% net interest margin against 4.99%.
267 members against 106.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 44.44% | -5.76% | 0.83% | 132.06% |
| March 31, 2026 | 46.62% | -6.89% | 1.91% | 112.99% |
| December 31, 2025 | 49.43% | -20.77% | 2.37% | 97.39% |
| September 30, 2025 | 56.55% | -17.44% | 0.14% | 106.09% |
| June 30, 2025 | 68.03% | -14.97% | — | 170.81% |
| March 31, 2025 | 71.31% | -32.96% | — | 77.74% |
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Watch flags
The credit union posted negative net income relative to assets in its latest filing. Credit unions build net worth only through retained earnings, so sustained losses gradually weaken capital. BankRegReports flag, negative earnings.
Loans outstanding exceed total member shares (deposits). The credit union is funding the gap with borrowings or non-member sources that are more rate-sensitive and less stable than core member deposits. Industry heuristic, not a supervisory threshold.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.