Generations Credit Union
ROCKFORD, IL
Total revenue
$1.2M
Total expenses
$1.1M
Net assets
$3.4M
Grants received
$5K
1 grants
EIN
362334218
Tax year
2024
Mission
To provide to our members high quality full line of financial services, such as loans and savings accounts at the lowest cost and highest rate of return, delivered in a personal, friendly atmosphere.
Programs
2 programs
Returned 25.7% of gross income to members as dividends to their savings accounts.
Provided credit to members using various loan programs: real estate (first mortgage and home equity) loans, personal (unsecured) loans, and new and used vehicle loans. There was a total number of 663 loans granted to members throughout the year that amounted to $2,439,481. Further, 205 members have a VISA credit card at their disposal with a total credit line of $2,103,800.
Financials
FY 2024
Revenue
Expenses
People
10 listed
Karen Jurasek
President - Treasurer
$92K
45 hrs/wk
Dale Hillers
Chairman of the Board
—
2 hrs/wk
Robert Boyd
Board Member
—
2 hrs/wk
Joanna Peterson
Secretary
—
2 hrs/wk
Randall Freding
Board Member
—
2 hrs/wk
Gary Askegaard
Board Member
—
2 hrs/wk
Jolene Unangst
Board Member
—
2 hrs/wk
Peter Giacommazzo
Board Member
—
2 hrs/wk
Donald Fiedler
Board Vice-Chairman
—
2 hrs/wk
Christopher Dausman
Board Member
—
2 hrs/wk
Grants received
Showing 1 of 1
Funded by
$5K from 1 funder · 1 grant · 2024
$5K · 1 grant · 2024