2.5 star ratingAverage User Rating:
2.5 star rating based on 3 reviews.

Golden Plains Credit Union

Golden Plains Credit Union Locations
1714 East Kansas Avenue
Garden City , KS 67846
620-275-2151
www.gpcu.org



Golden Plains Credit Union is headquartered in GARDEN CITY and is the 3rd largest credit union in the state of Kansas. It is also the 516st largest credit union in the nation. It was established in 1951 and as of December of 2011, it had grown to 128 employees and 52,540 members. Golden Plains Credit Union has a 5-star health rating.

Golden Plains Credit Union Routing Number: 301178181

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Last Remaining 6% Reward Checking Account - Kansas Only (Forum) - 2/21/2010

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2.75% 23-Month CD at Golden Plains Credit Union in Kansas - Easy Membership - 9/10/2009

Golden Plains Credit Union is offering a 2.75% APY 23-month Double-Jump CD. This special CD allows you to jump to the current 24-month CD rate two times during the term. This special is listed in the main rotating image on the credit union's front page...

2008




See Rates for: Checking | Savings | CD | IRA

Golden Plains Credit Union Checking Account Rates

ApyMinMaxProduct
3.01%-$25kGolden Rewards Checking
0.25%$25k-Money Manager Checking Account
0.25%$25k-Young at Heart Checking Account
0.05%$750-Checking Account
0.05%$750-Student Checking Account

Golden Plains Credit Union Savings Account Rates

ApyMinMaxProduct
0.30%$25k-Golden Investor Fund
0.25%$25k-Life Insured Savings
0.25%$25k-IRA Savings
0.25%$25k-Roth IRA Savings
0.25%$25k-Coverdell Education Savings Account
0.10%-$2kWealth Builder

Golden Plains Credit Union CD Rates

ApyMinMaxProduct
1.66%$25k-60 Month CD
1.56%$25k-48 Month CD
1.31%$25k-30 Month CD
1.11%$25k-24 Month Security Plus CD
0.81%$25k-18 Month CD
0.76%$25k-12 Month CD
0.51%$25k-6 Month CD
0.34%$500$10k24 Month Variable T-Bill CD
0.31%$25k-91 Day CD

Golden Plains Credit Union IRA Rates

ApyMinMaxProduct
1.66%$25k-60 Month IRA
1.66%$25k-60 Month Roth IRA
1.66%$25k-60 Month CESA
1.56%$25k-48 Month IRA
1.56%$25k-48 Month Roth IRA
1.56%$25k-48 Month CESA
1.31%$25k-30 Month IRA
1.31%$25k-30 Month Roth IRA
1.31%$25k-30 Month CESA
0.81%$25k-18 Month IRA
0.81%$25k-18 Month Roth IRA
0.81%$25k-18 Month CESA
0.76%$25k-12 Month IRA
0.76%$25k-12 Month Roth IRA
0.76%$25k-12 Month CESA
0.51%$25k-6 Month IRA
0.51%$25k-6 Month Roth IRA
0.51%$25k-6 Month CESA
0.51%$500-36 Month Variable IRA
0.51%$500-36 Month Variable Roth IRA
0.51%$500-36 Month Variable CESA
0.31%$25k-91 Day IRA
0.31%$25k-91 Day Roth IRA
0.31%$25k-91 Day CESA

Rates updated: 5/25/2012

Data for Q4 2011


Institution Statistics


GOLDEN PLAINS
NCUA #62542
BankRate ReportView
Year Chartered1951
Employees128
Primary Regulator

Assets and Liabilities

Assets$373.95 million
Loans$331.22 million
Deposits$328.81 million
Equity Capital$34.26 million
Loan Loss Allowance$1.91 million
Unbacked Noncurrent Loans$2.11 million
Real Estate Owned$247,000

Historic Data - December 2010

Assets$341.68 million
Equity Capital$28.64 million
Loan Loss Allowance$2.19 million
Unbacked Noncurrent Loans$2.02 million
Real Estate Owned$202,000

Profit Margin - Quarterly

Net Interest Margin4.39%
Return on Assets1.5%
Return on Equity16.39%
Interest Income$19.33 million
Non-Interest Income$4.80 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 Golden Plains Credit Union had $2.35 million in non-current loans and owned real-estate with $36.17 million in equity and loan loss allowances on hand to cover it. This gives Golden Plains Credit Union a Texas Ratio of 6.51% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Golden Plains Credit Union held steady from 7.20% as of December 31, 2010 to 6.51% as of December 31, 2011, resulting in a positive change of 9.63%.This indicates that the balance sheet and financial strength for Golden Plains Credit Union has held steady in recent periods.
Deposit Growth5
In the past year, Golden Plains Credit Union has increased its total deposits by $20.27 million, resulting in 6.57% 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 Golden Plains Credit Union has shown is excellent.
Capitalization3
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. Golden Plains Credit Union has $373.95 million in assets with $36.17 million in equity, resulting in a capitalization level of 9.67%, which is average.
Write Review

A Great Credit Union
5 stars - tripoley - Friday, February 18, 2011 - 2:14 PM

I've been a customer with Golden Plains Credit Union since September of 2010.  I first became interested in GPCU because I'm a resident in central Kansas and because they have one of the best interest rates (4.44% as of this writing) in the country for rewards checking accounts.  The set up was easy, although I did have to submit some information by mail and send in a check for my deposit as they didn't have an ACH bank funding method at the time.  They were great to answer any questions I had and I was able to easily get a customer representative on the phone.  Overall it's been a great experience and I'm very satisfied with them.

4

Poor Service
1 stars - bummed - Wednesday, January 11, 2012 - 10:28 PM

This Credit Union in my opinion has poor customer service they are hard to deal with, management is absolutely no help, I wish I had never used them for a loan.

 

I would steer clear and use other banks or credit unions.

 

BTW I have made all my payments on time.

 

3

Loans Bad Experience
1 stars - kc - Thursday, March 22, 2012 - 9:28 AM

Had loans with them for years then while moving asked about a new loan due to moving and they said it should be "no problem" and even pre approved us before we went house shopping. Then after accepting a contract and selling our home told us there was a mistake in the system and they couldn't give us the loan leaving us scrambling to find a loan at another bank with little time. We almost lost our new home and had already sold our old one. We won't do any further business with GPCU.

2