Deposit Accounts

Genesee Co-op FCU offers a variety of deposit accounts including:

Basic Dividend Earning Share (SAVINGS) Accounts

Every member must open a Member Share savings account. The minimum balance is $5.00. We do not assess a low-balance service charge as long as the $5.00 minimum remains in the account.

Genesee Co-op FCU does pay dividends (interest) each quarter on the Member Share account when you maintain an average daily balance of $25 dollars or more. Click to see our current savings rates.

Statements are issued quarterly, unless the member has a Share Draft account which results in a monthly combined statement.

Earn 3% APR on the first $500 in Savings at the CU!!
We have a special incentive to encourage our members to use E-STATEMENTS

All member accounts with online banking E-Statements receive a 3.00% APR dividend on the first $500 in their Member Share account. This is our way of saying THANKS for helping us save money on postage, mailing costs and save trees as well!

This Service allows members to receive their statements via a secure internet connection. To sign up for this service please click the account login link in the upper right corner. After logging in to your account, click on Accounts and then Account Statements. The past 18 months of statements are available.

First time users will need to accept the Terms of Service and provide an active email address for notifications that new statements are available. As stated in the credit union's privacy policy, the email address provided will not be shared with third parties unaffiliated with the credit union. Signing up for E-Statements means the CU will no longer mail a monthly or quarterly statement to you.

For your convenience the Terms of Service for using E-Statements are available by clicking here.


Other Services Available to Members with Active, Current Accounts

Genesee Co-op offers Check Cashing, Money Orders, Cashier's Checks, Domestic & International Wire transfers, Western Union Transfers, and accepts Direct Deposit of paychecks and government payments. Click here for information on Electronic Transfers.

We have a secure 24/7 Deposit Drop for the convenience of members.

24/7 access to your account information is available thru our secure Online Banking site and our 24/7 Telephone Banking system. Shared Branching is also available to members. 

Click on the following links for a list of our current Fee Schedule.

Insurance for CU Members

All accounts at Genesee Co-op FCU are insured up to $250,000 by the National Credit Union Share Insurance Fund.

Members holding Basic Dividend Earning Share Accounts are eligible for up to $1000 in Accidental Death and Dismemberment Insurance provided by the TruStage Insurance.


Share Draft/Checking Accounts

Our Share Draft checking account has:

  • No minimum balance requirement
  • No per check charge

Direct Deposit and Automatic Withdrawal services are available, as well as automatic Overdraft Protection from up to 5 sub-accounts and an Overdraft Line-of-Credit.

Members can also apply for the Visa Debit Card for purchases and ATM cash withdrawals. We have a 24/7 FREE (to members) ATM in the entry of the credit union.

Click on the following links for a list of our current Fee Schedule.


Additional Savings Accounts

Members may open additional savings accounts in conjunction with their primary account. These accounts require a $25 minimum balance. Genesee Co-op FCU does pay dividends (interest) each quarter on club account when you maintain an average daily balance of $25 dollars or more. Click to see our current savings rates. Members have used these additional accounts for holiday gift savings, saving for a down payment for a home or auto, vacation savings, savings for children or for emergency purposes.


Peace Accounts

Peace AccountsSome members have requested that no dividends be paid on the savings they have here at Genesee Co-op FCU. There is no required minimum balance for this special club account. In the early years of our existence, we called these accounts "Military Tax Resister (MTR) accounts." We now call them Peace Accounts. This account helps support the credit union and our mission to serve the underserved and provide financial education as a community development financial institution (CDFI). To learn more about this, click here to go to About Us.


Share Certificates of Deposit

Our Share Certificate Accounts have a minimum balance requirement of $1500 to open and maintain the account but do permit members to add to the certificate in $500 deposits and permit $500 withdrawals as well. Share Certificates may be for 1 to 3 years and allows members to earn a higher dividend (interest) rate on their savings. Please click here to see current availability and rates.  Special rates are also available for certificates above $100,000, with different terms and conditions. Please inquire with the credit union. 

Our Members make the difference.

Member Since 1982

"I joined the credit union when they first opened on Monroe Avenue. I wanted to build an account with a financial institution. I saw that they were new and I was starting new - so I thought it would be a good start! They were nice and courteous people. After they moved to South Avenue I wanted to buy a new car and they helped me with that and I have taken out personal loans with them too. They're more personal, a bank doesn't know you from the next 500 people. I always recommend them to people. The credit union looks at the things happening in your life and works with you. They know that people don't fail because they are not working on their life. Sometimes things just happen. I would like to get my next mortgage through them. I love them, they just fit my needs."

Francine Keeton

LOST or STOLEN VISA Debit Card? Please call 1-888-241-2510.