Make Loan Payments

Remote Loan Payments

Make a GenFed Laon Payment from another financial institution through online banking - these instructions may be useful in setting up transfers from other banks for your loan payments.  Use these instructions as well to transfer funds from other financial institutions into and out of GenFed.

Or, make a loan payment in person at any GenFed branch or one of our over 5,000 branches nationwide with our shared branching program!  

Or, GenFed has partnered with PayNearMe to accept cash deposits and loan payments at a number of community merchants for same day processing to your GenFed account or loan.  Search for a location.  Merchants include the following:

• Walmart
• CVS Pharmacy
• 7-Eleven
• Casey’s General Store
• Family Dollar
• Ace Cash Express
• Dollar General.

There is no charge to use this service and you should follow these steps:

1. Contact your local branch for a QRC code which they can text, email or print for you.
2. Once you have a code you can use it multiple times to make payments to the same loan or deposits to your account.
3. Check which location is the most convenient for you here.
4. Present the QRC code at the register and make your desired payment or deposit amount in cash.
5. Wait for confirmation of received payment from PayNearMe (usually received within minutes).