Olympia Bay at sunset.

About Us

Our History

Generations is one of the oldest credit unions in Washington State. Opened in 1939 as Employment Security Credit Union, we started out in a small office in the Employment Security Department and served those employees and their families. In 2001 the field of membership was expanded to include all Washington State residents. Each member of our staff is committed to building trust and enriching the lives of our members, and we strive to meet this goal every day.

We offer competitive products and services just like the LARGE financial institutions, but with personal service, a friendly environment, and local decision making. We want to be your primary financial institution, and have products and services for all generations. Contact us today and let us show you our exceptional member service in action.

Our Values

We, the Board of Directors, Executive Management, and Operations Staff, are dedicated to our members and their financial needs. We understand that what is good for our members is good for our credit union. As a not-for-profit financial service cooperative – owned and controlled by all of the members – we work for your benefit.

Triple Bottom Line


Generations is committed to a concept known as the "Triple Bottom Line", a term first widely used in the 1990's. Read more at the above link.

Briefly stated, the Triple Bottom Line is "an accounting framework with three parts: social, environmental (or ecological) and financial." Generations embraces the concept that the actions of our organization have wider consequences than are simply reflected on a financial statement. Accordingly, we strive to create positive results in all three of the above areas.

Our Mission


Generations is committed to offering all of the products and services you have come to expect from us, as well as introducing new and innovative ways for our members to simplify their financial lives, protect their finances, and save money. We are also extremely proud of our history and the relationship with our original field of membership, the Washington State Employment Security Department. We will continue to strengthen and renew our relationship with you, our existing members.

Generations is also focused on emerging markets and attracting new members to join our organization. In recent years, we have become an integral provider of financing for renewable and energy efficient projects and equipment. This area of concentration has allowed us to help members lower their utility bills, conserve energy, install renewable energy sources, and support well-paying jobs in our communities. These efforts are fully in step with our focus on performance beyond the normal "bottom line."
  • Frank Worden - Chair
  • Elaine Tierney - Vice Chair
  • Alan Walker - Secretary
  • Steve Bates - Director
  • Jan Parent- Director
  • Jim Remy- Director
  • Larry Williams- Director
If you are interested in applying to be a volunteer on our Board of Directors,
the application can be found here!
  • Larry Williams - Chair
  • Elaine Tierney - Vice Chair
  • James Remy - Member
If you are interested in applying to be a volunteer on our Supervisory Committee,
the application can be found here!