Deposit Accounts

Saving a portion of your earnings is a fundamental component to managing your money. It may seem like a daunting task, but it doesn't have to be. The process can be simplified by using direct deposit and automatic transfers. With direct deposit, your funds are deposited into your checking account automatically on pay day. Using automatic transfers from your checking account into a savings account or club account each pay day establishes a routine savings plan. We'll help you through the process from start to finish - just give us a call!

Our savings account is the first step to becoming a member of the credit union. Anyone living or working in Boone, DeKalb, Ogle, Stephenson or Winnebago Counties is eligible to become a member. With a deposit of just twenty-five dollars, you can begin enjoying the benefits of belonging to Generations Credit Union.
Our savings accounts are intended for the purpose of saving money; therefore, we allow only six withdrawals or transfers from this account per calendar month.


Open a savings account and begin to enjoy the benefits of belonging to a credit union. Once a member, you are welcome to apply for a checking account, a VISA Credit Card, or any of our full range of loans.

Members with traditional checking accounts may also apply for a MasterCard debit card. The MasterCard debit card can be used to purchase goods and services as if writing a check, and the those purchases are deducted automatically from your checking account. The MasterCard debit card can also be used like an ATM card at any participating network ATM machine.

Members with non-traditional checking accounts may apply for a cuMoney prepaid, reloadable debit card. The cuMoney Card allows you to spend only the amount on the card, so overdrafts and their associated fees are avoided entirely.