GECU

P.O. Box 20998
El Paso, TX 79998
(915) 778-9221
www.gecu-ep.org

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GECU is headquartered in El Paso and is the 6^th largest credit union in the state of Texas. It is also the 72^nd largest credit union in the nation. It was established in 1932 and as of December of 2011, it had grown to 706 employees and 303,145 members. GECU's savings rates are 69% higher than the national average, and it has a 4-star health rating.

GECU Routing Number: 312081089

Top CD Rates at GECU in El Paso Texas - Local Only - 5/10/2011

Some areas of the country are good spots for savers looking for CDs. El Paso in far west Texas is one such location. I reported on one El Paso credit union in January which offers top CD rates, and I ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

GECU Checking Account Rates

Apy	Min	Max	Product
0.12%	$2,500	-	Standard Checking
0.12%	$2,500	-	Senior Privilege Checking
0.12%	$2,500	-	Hiker Club Checking
0.12%	$5k	-	Business Checking with Interest

GECU Savings Account Rates

Apy	Min	Max	Product
0.88%	-	-	Christmas Club
0.35%	$20	-	IRA Savings
0.35%	$20	-	Roth IRA Savings
0.35%	$20	-	CESA Savings
0.25%	$100	-	Savings
0.25%	$20	-	Youth Savings
0.25%	$100	-	Business Savings

GECU Money Market Rates

	Apy	Min	Max	Product
	0.87%	$100k	-	Money Market

GECU CD Rates

Apy	Min	Max	Product
2.65%	$1k	-	60 Month Senior Privilege CD
2.50%	$1k	-	60 Month CD
2.50%	$1k	-	60 Month Business CD
2.16%	$1k	-	30 Month Senior Privilege CD
2.15%	$1k	-	36 Month Senior Privilege CD
2.15%	$1k	-	48 Month Senior Privilege CD
2.01%	$1k	-	30 Month CD
2.01%	$1k	-	30 Month Business CD
2.00%	$1k	-	36 Month CD
2.00%	$1k	-	48 Month CD
2.00%	$1k	-	36 Month Business CD
2.00%	$1k	-	48 Month Business CD
1.50%	$50k	-	24 Month Jumbo SmartStep Senior Privilege CD
1.41%	$1k	-	18 Month Senior Privilege CD
1.41%	$2,500	-	24 Month SmartStep Senior Privilege CD
1.40%	$1k	-	24 Month Senior Privilege CD
1.35%	$2,500	-	24 Month Jumbo SmartStep CD
1.30%	$50k	-	12 Month Senior Privilege CD
1.26%	$1k	-	18 Month CD
1.26%	$2,500	-	24 Month SmartStep CD
1.26%	$1k	-	18 Month Business CD
1.26%	$2,500	-	24 Month SmartStep Business CD
1.25%	$1k	-	24 Month CD
1.25%	$1k	-	24 Month Business CD
1.15%	$50k	-	12 Month CD
1.15%	$50k	-	12 Month Business CD
0.80%	$2,500	-	6 Month Senior Privilege CD
0.65%	$2,500	-	6 Month CD
0.65%	$2,500	-	6 Month Business CD
0.55%	$2,500	-	3 Month Senior Privilege CD
0.40%	$2,500	-	3 Month CD
0.40%	$2,500	-	3 Month Business CD

GECU IRA Rates

Apy	Min	Max	Product
2.75%	$1k	-	60 Month Senior Privilege IRA
2.75%	$1k	-	60 Month Senior Privilege Roth IRA
2.75%	$1k	-	60 Month Senior Privilege CESA
2.60%	$1k	-	60 Month IRA
2.60%	$1k	-	60 Month Roth IRA
2.60%	$1k	-	60 Month CESA
2.26%	$1k	-	30 Month Senior Privilege IRA
2.26%	$1k	-	30 Month Senior Privilege Roth IRA
2.26%	$1k	-	30 Month Senior Privilege CESA
2.25%	$1k	-	36 Month Senior Privilege IRA
2.25%	$1k	-	48 Month Senior Privilege IRA
2.25%	$1k	-	36 Month Senior Privilege Roth IRA
2.25%	$1k	-	48 Month Senior Privilege Roth IRA
2.25%	$1k	-	36 Month Senior Privilege CESA
2.25%	$1k	-	48 Month Senior Privilege CESA
2.11%	$1k	-	30 Month IRA
2.11%	$1k	-	30 Month Roth IRA
2.11%	$1k	-	30 Month CESA
2.10%	$1k	-	36 Month IRA
2.10%	$1k	-	48 Month IRA
2.10%	$1k	-	36 Month Roth IRA
2.10%	$1k	-	48 Month Roth IRA
2.10%	$1k	-	36 Month CESA
2.10%	$1k	-	48 Month CESA
1.60%	$50k	-	24 Month Jumbo SmartStep Senior Privilege IRA
1.60%	$50k	-	24 Month Jumbo SmartStep Senior Privilege Roth IRA
1.60%	$50k	-	24 Month Jumbo SmartStep Senior Privilege CESA
1.51%	$1k	-	18 Month Senior Privilege IRA
1.51%	$2,500	-	24 Month Smart Step Senior Privilege IRA
1.51%	$1k	-	18 Month Senior Privilege Roth IRA
1.51%	$2,500	-	24 Month Smart Step Senior Privilege Roth IRA
1.51%	$1k	-	18 Month Senior Privilege CESA
1.51%	$2,500	-	24 Month Smart Step Senior Privilege CESA
1.50%	$1k	-	24 Month Senior Privilege IRA
1.50%	$1k	-	24 Month Senior Privilege Roth IRA
1.50%	$1k	-	24 Month Senior Privilege CESA
1.45%	$50k	-	24 Month Jumbo SmartStep IRA
1.45%	$50k	-	24 Month Jumbo SmartStep Roth IRA
1.45%	$50k	-	24 Month Jumbo SmartStep CESA
1.40%	$50k	-	12 Month Jumbo Senior Privilege IRA
1.40%	$50k	-	12 Month Jumbo Senior Privilege Roth IRA
1.40%	$50k	-	12 Month Jumbo Senior Privilege CESA
1.36%	$2,500	-	24 Month Smart Step IRA
1.36%	$1k	-	18 Month IRA
1.36%	$1k	-	18 Month Roth IRA
1.36%	$2,500	-	24 Month Smart Step Roth IRA
1.36%	$1k	-	18 Month CESA
1.36%	$2,500	-	24 Month Smart Step CESA
1.35%	$1k	-	24 Month IRA
1.35%	$1k	-	24 Month Roth IRA
1.35%	$1k	-	24 Month CESA
1.30%	$50	-	12 Month Senior Privilege IRA
1.30%	$50	-	12 Month Senior Privilege Roth IRA
1.30%	$50	-	12 Month Senior Privilege CESA
1.25%	$50k	-	12 Month Jumbo IRA
1.25%	$50k	-	12 Month Jumbo Roth IRA
1.25%	$50k	-	12 Month Jumbo CESA
1.15%	$50	-	12 Month IRA
1.15%	$50	-	12 Month Roth IRA
1.15%	$50	-	12 Month CESA
0.90%	$2,500	-	6 Month Senior Privilege IRA
0.90%	$2,500	-	6 Month Senior Privilege Roth IRA
0.90%	$2,500	-	6 Month Senior Privilege CESA
0.75%	$2,500	-	6 Month IRA
0.75%	$2,500	-	6 Month Roth IRA
0.75%	$2,500	-	6 Month CESA
0.65%	$2,500	-	3 Month Senior Privilege IRA
0.65%	$2,500	-	3 Month Senior Privilege Roth IRA
0.65%	$2,500	-	3 Month Senior Privilege CESA
0.50%	$2,500	-	3 Month IRA
0.50%	$2,500	-	3 Month Roth IRA
0.50%	$2,500	-	3 Month CESA

Rates updated: 5/25/2012

Data for Q4 2011

Institution Statistics

GECU
NCUA #	60058
BankRate Report	View
Year Chartered	1932
Employees	706
Primary Regulator
Assets and Liabilities
Assets	$1.84 billion
Loans	$1.42 billion
Deposits	$1.66 billion
Equity Capital	$149.29 million
Loan Loss Allowance	$15.54 million
Unbacked Noncurrent Loans	$28.49 million
Real Estate Owned	$935,000
Historic Data - December 2010
Assets	$1.71 billion
Equity Capital	$134.47 million
Loan Loss Allowance	$15.74 million
Unbacked Noncurrent Loans	$17.86 million
Real Estate Owned	$1.90 million
Profit Margin - Quarterly
Net Interest Margin	6.06%
Return on Assets	0.79%
Return on Equity	9.67%
Interest Income	$87.73 million
Non-Interest Income	$32.43 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 GECU had $29.43 million in non-current loans and owned real-estate with $164.83 million in equity and loan loss allowances on hand to cover it. This gives GECU a Texas Ratio of 17.85% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for GECU held steady from 13.15% as of December 31, 2010 to 17.85% as of December 31, 2011, resulting in a negative change of 35.75%. This indicates that the balance sheet and financial strength for GECU has held steady in recent periods.
Deposit Growth
In the past year, GECU has increased its total deposits by $109.05 million, resulting in 7.01% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth GECU has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. GECU has $1.84 billion in assets with $164.83 million in equity, resulting in a capitalization level of 8.98%, which is average.