(Auburn Hills), Mich. – May 12, 2016 –This year marks 80 years of financial success for Genisys Credit Union.
Providing its members with the financial products and services they need since 1936, Genisys is a non-profit, member-owned and focused financial institution.
"We are proud that after eighty years, Genisys is stronger than ever. We strive to accomplish the credit union philosophy of ‘people helping people’ every day, in everything we do. Our core values of being trustworthy, member focused, and providing quality service drive us and are reflected in everything we do," said Jackie Buchanan, President/CEO. "We focus on providing members with value and convenience, from the latest in financial technology to making sure we know our members well and provide the best solutions for their unique needs."
Genisys has frequently been voted Best of the Best credit union, mortgage lender, and financial advisor by several local publication reader polls and WDIV-TV viewers. They have been recognized as a Top 50 Best Credit Union by S&P Global Market Intelligence, Top 100 Safest Credit Unions by bankrate.com; Top 200 Healthiest Credit Union by depositaccounts.com and Best of Bauer financial institution, a designation that fewer than 5% of all U.S. financial institutions receive.
Throughout its history, Genisys has been committed to giving back to the community. The credit union sponsored over 500 events in 2015, with staff and family members volunteering over 3,700 hours of service to the community. Genisys contributed over $32,000 to OLHSA’s Walk for Warmth, over $9,000 to the Food Bank of Eastern Michigan, and nearly $3,000 to the Children Miracle Network.
Genisys’ history began in 1936, when T&C Federal Credit Union was formed to serve the employees of the General Motors Truck and Coach plant. In 2002, T&C Federal expanded their service to all residents and businesses in Oakland County.
In 2008, T&C Federal combined with USA Credit Union to complete one of the largest mergers in credit union history at the time. USA was founded in 1954 as Burroughs Detroit Employees Credit Union. Through a series of combinations with other Burroughs affiliated credit unions, the credit union grew to serve a national membership. When Burroughs Corporation merged with Sperry Corporation to form Unisys, the credit union changed its name to Unisys Federal Credit Union, and subsquently became USA Credit Union.
The "Genisys" name combines the roots of each credit union: "Gen-" from General Motors and "-isys" from Unisys.
In 2015, Genisys completed a merger with Tri-Pointe Community Credit Union, adding 25,000 new members and four new locations in Genesee and Tuscola Counties. The merger made Genisys Credit Union even stronger and the financial institution finished 2015 with total assets of approximately $2 billion and nearly 180,000 members.
In recent years, Genisys Credit Union has further enhanced its wealth building services, including Genisys Investment Services, and mobile and online banking services. "We work hard to bring convenience to our members," said Buchanan. "We strive to be a technology leader in the financial industry, offering safe and secure services through our mobile applications, online banking, and web site."
Genisys also continues to expand and enhance their ability to service members in person. The newest addition to Genisys Credit Union’s branches is located in Royal Oak. Genisys plans to continue expanding their branches as well as their mobile and online convenience.