Products and Services
As a certified community development financial institution, Generations provides its members affordable access to a full range of products and services. Our products and services are designed to reasonably meet your needs with convenience.
Regular Share Accounts (savings)
Regular share accounts can be opened with a minimum of $10 plus a $15 membership fee. Dividends are paid quarterly and deposits can be made either in person or by mail.

For a full list of services, download our member brochure.

Share Drafts (checking)
Generations offers a convenient share draft (checking) account with a minimum deposit of $50 for a low monthly fee of $3.00.

Certificates of Deposits (CDs)
CDs offers a higher rate of interest than a regular savings account. Insured by NCUA, CDs assure the safety of your initial investment while allowing interest to accumulate over a determined time period. When you purchase a CD, you invest a fixed sum of money, a minimum of $250, for a fixed period of time – six months, or one, two, three, four, or five years. Generally, longer terms receive higher interest rates.

Money Market
A Money Market account is an excellent opportunity to build a nest egg at an attractive market rate. This gives you the opportunity to systematically add funds in increments, allowing you to achieve liquidity and flexibility at the same time.

ATM Access
All Generations members have access to CashPoints ATMs throughout the state of North Carolina.

Generations' Check Card
Generations' Debit Card allows you to purchase goods and services anywhere Visa® is accepted worldwide with the use of your pin. You can also protect your Visa® check card online with a personal password. With the convenience of an ATM card and without the hassle of carrying a checkbook, Generations' debit card gives you access to your account 24 hours a day, 7 days a week. Each transaction is automatically deducted from your checking account. And, record keeping is made easy because all your transactions will appear on your statement.

Christmas Club
This is an opportunity to plan ahead for your Christmas Shopping, while earning dividends. You can build the account with regular deposits over the course of the year and in November you’ll receive a check for the funds you’ve accumulated just in time to take advantage of the Thanksgiving sales. This account is to design to keep you from spending funds not budgeted, so you can avoid overspending at the holidays. Not only is this an opportunity to save for the holidays, but you can chose to transfer the funds into a higher rate account if decide not to spend it all on shopping.

24 Hour Automated Teller
This service gives you access to your credit union account to check your balance or transfer funds at anytime using a touch dial phone and your PIN number.  Dial 1-888-683-2008 to gain access.

Direct Deposit
No need to worry about lost or stolen checks through the mail. Save yourself a trip to the credit union when you get paid. Sign up for Direct Deposit instead. Regular, automatic deposits directly into your Checking or Share accounts on the day you are paid Money always available immediately on the same date every month

What Kind of Payments Can Be Directly Deposited?
Payroll (check with your employer)
Social Security
Railroad Retirement
Disability Benefits
U.S. Military Forces Retirement
Civil Service Retirement
Supplemental Security Income
Veterans Administration Compensation
Pension

Payroll Deduction
Payroll deduction allows members to have a portion of their payroll check deducted and sent to the Credit Union. Any amount can be withdrawn to make loan payments or deposits to Shares, Money Market Shares, IRAs or Checking accounts. Deductions can be divided among as many accounts as you wish. Loan payments made by payroll deduction are given the 1/2% discount rate.

Payroll deduction is also a convenient way to start and maintain a savings program. Saving through payroll deduction is effective because you pay yourself first. Payroll deduction is only available for members whose payroll office supports the service.