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800-683-3863
5953 Fairmont Pkwy
Pasadena, TX 77505

Gulf Coast Educators Credit Union is headquartered in Pasadena and is the 36th largest credit union in the state of Texas. It is also the 437th largest credit union in the nation. It was established in 1948 and as of March of 2014, it had grown to 71 employees and 30,845 members. Gulf Coast Educators Credit Union's money market rates are 48% higher than the national average, and it boasts a A+ health rating.

Field of Membership Restrictions

Open to school district employees within Harris, Brazoria and Galveston counties, Gulf Coast Educators is a better alternative to the mega-banks. - See Details

Reviews (2)

High APY 1.76

check out high 1.76 APY for one year CD on GULF COAST EDUCATORS FCU

Gulf Coast Educators

I bought my Jeep through Gulf Coast Educators a few years ago. I would still be banking with them today, but they were so rude to me. You would think that since they are a credit union they would want to work with you, they would be nice. Every time i called or went up there to make a payment on my Jeep they were very nasty. They gave me a very high interest rate and after a year of making payments on time i asked if they could help me lower my interest payments they would not help me out.



Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Gulf Coast Educators Credit Union had $561,000 in non-current loans and owned real-estate with $94.24 million in equity and loan loss allowances on hand to cover it. This gives Gulf Coast Educators Credit Union a Texas Ratio of 0.60% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for Gulf Coast Educators Credit Union decreased dramatically from 0.96% as of March 31, 2013 to 0.60% as of March 31, 2014, resulting in a positive change of 38.22%.This indicates that the balance sheet and financial strength for Gulf Coast Educators Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Gulf Coast Educators Credit Union has increased its total deposits by $31.06 million, resulting in 7.99% 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 Gulf Coast Educators Credit Union has shown is excellent.

Capitalization

GRADE:
A+

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. Gulf Coast Educators Credit Union has $517.2 million in assets with $94.24 million in equity, resulting in a capitalization level of 18.22%, which is excellent.

Institution Statistics

Overall
NCUA #5648
Year Chartered1948
Employees71
Primary Regulator
Assets and Liabilities
Assets$517.20 million
Loans$192.30 million
Deposits$420.05 million
Equity Capital$93.05 million
Loan Loss Allowance$1.19 million
Unbacked Noncurrent Loans$297,000
Real Estate Owned$264,000
Historic Data - March 2013
Assets$485.53 million
Equity Capital$87.97 million
Loan Loss Allowance$1.49 million
Unbacked Noncurrent Loans$297,000
Real Estate Owned$259,000
Profit Margin - Quarterly
Return on Assets1.83%
Return on Equity10.19%
Interest Income$4.20 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Gulf Coast Educators Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Gulf Coast Educators Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.60%$10k-IRA
0.60%$10k-Roth IRA
0.60%$10k-Education IRA
0.25%$500-Share Account
0.25%$500-Christmas Club Account

Gulf Coast Educators Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.65%$50k-Money Market Account

Gulf Coast Educators Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$2,500-Advantage Checking Account

Gulf Coast Educators Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.76%$1k-4 Year Premium Deposit Account Share Certificate
1.76%$1k-5 Year Premium Deposit Account Share Certificate
1.51%$1k-3 Year Premium Deposit Account Share Certificate
1.46%$200k-2 Year Super Jumbo Term Share Certificate
1.36%$100k$200k2 Year Jumbo Term Share Certificate
1.26%$1k-4 Year Term Share Certificate
1.26%$1k-5 Year Term Share Certificate
1.26%$1k-2 Year Premium Deposit Account Share Certificate
1.21%$200k-12 Month Super Jumbo Term Share Certificate
1.21%$200k-18 Month Super Jumbo Term Share Certificate
1.10%$100k$200k12 Month Jumbo Term Share Certificate
1.10%$200k-6 Month Super Jumbo Term Share Certificate
1.10%$100k$200k18 Month Jumbo Term Share Certificate
1.00%$1k-3 Year Term Share Certificate
1.00%$100k$200k6 Month Jumbo Term Share Certificate
1.00%$1k-12 Month Premium Deposit Account Share Certificate
1.00%$1k-18 Month Premium Deposit Account Share Certificate
1.00%$200k-90 Day Super Jumbo Term Share Certificate
0.90%$100k$200k90 Day Jumbo Term Share Certificate
0.90%$1k-6 Month Premium Deposit Account Share Certificate
0.90%$250-12 Month College Saver Premium Deposit Account Certificate
0.80%$1k-90 Day Premium Deposit Account Share Certificate
0.75%$1k-2 Year Term Share Certificate
0.50%$1k-12 Month Term Share Certificate
0.50%$1k-18 Month Term Share Certificate
0.40%$1k-6 Month Term Share Certificate
0.40%$250-12 Month College Saver Certificate
0.30%$1k-90 Day Term Share Certificate
Locations


Gulf Coast Educators Credit Union Locations
Branch Office5953 Fairmont PkwyPasadena, TX 77505
Branch Office1120 W Main StLeague City, TX 77573-2020
Branch Office1819 Broadway St Ste 109Pearland, TX 77581-5671