General Electric Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.75% | 5-year CD | 5-Year Share Certificate 1.85% - Synchrony Bank 60 Month CD |
| 1.55% | 1-year CD | 1-Year Jumbo Share Certificate 1.05% - Ally Bank High Yield 12-Month CD |
| 0.80% | Money Market | Money Market Plus Account 0.85% - Ally Bank Money Market Account |
General Electric Credit Union is headquartered in Cincinnati and is the 2nd largest credit union in the state of Ohio. It is also the 80th largest credit union in the nation. It was established in 1954 and as of June of 2016, it had grown to 181 employees and 159,639 members at 12 locations. General Electric Credit Union's money market rates are 82% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in General Electric Credit Union is open to the following: (1) those who live, work, attend school or worship in Adams, Brown, Butler, Clark, Clermont, Clinton, Darke, Fayette, Greene, Hamilton, Highland, Miami, Montgomery, Preble, Shelby, and Warren Counties in Ohio; (2) those who live, work, attend school or worship in Boone, Campbell, Grant, Kenton, and Pendleton Counties in Kentucky; (3) those who live, work, attend school or worship in Dearborn, Franklin, Ohio, Switzerland, and Union Counties in Indiana; (4) those who work or live in Sharonville, Ohio; (5) employees and retirees of General Electric Company Aircraft Engine Division or General Electric Company in the Greater Cincinnati area; (6) employees and students of Kings Local Schools, Loveland City Schools, and Mason City Schools and their families; (7) parishioners of All Saints Church, Assumption Catholic Parish, Crestview Presbyterian Church, and select congregations; (8) employees of TriHealth, Mercy Health, and over 300 other Select Employer Groups.
See current membership details
Related Posts
Great Interest Rates, Convenient, Great Service
I opened an account at GECU at the end of last year. I found their interest rates on savings to be the best in the Cincinnati area. May move other credit union accounts here because the rates are so much better.
They also have real true electronic bill payment and not mailing of checks.
Their service has been very good and they have a number of office locations in the area. The closest branch is located in a local hospital and the access is very easy.
I have used the phone support when I first opened the account and it was prompt and very helpful. They resolved a problem quickly and to my complete satisfaction.
Customer Service Is Great! Fewer Nickel And Dime Fees Needed.
I've been a customer of GE Credit Union for several years and have been really impressed. They're very customer-centric. Their products are really good and their rates are usually the best in the area. We refinanced our mortgage with them and they took care of everything making it completely painless for us. GECU's fees can be a nuisance. They charge 50 cents for each 5/3 ATM transaction (but no surcharge). Many small banks and credit unions would just suck that fee up as a service. They also offer PopMoney but with fees that are also a nuisance vs. free with many banks. The fees really don't add up to much though and their service has really been very helpful to us.
Horrible Customer Service
Horrible customer service. Worse banking I've ever received! Go anywhere, but there.
GE Credit Union A Comercial Bank And Not A Credit Union!
GE credit union has horrible customer service, and i feel this is a big typical cooperate bank and not a credit union. GE credit union has been successful in branding its financial institute as quote "credit union". It is not a credit union; please don't be fooled! It's a big bank just like banking with Chase bank or bank of America. Their fees are all the same charges as the cooperate banks. GE credit union bought out my old credit union, which i have been banking with for 12 years, and have changed all services and benefits i enjoyed from my old credit union like clearing checks on time, doing your transaction without showing your photo identification because the credit union staff knows all its customers and we have a banking relationship. GE credit union is a full cooperate bank but not a credit Union.
1 vote | Report Post
Horrible Customer Service If Calling In
I recently lost my vehicle to a head-on collision where the other party was 100% at fault. Every time I have called GECU it takes more than 6 minutes to answer a call, and I'm usually on the phone for about 20 minutes if I have a question, with only a few minutes actually spent talking to someone. They refused to delay payments or stop interest. They don't have a branch close to me, so not sure why the dealership picked them. They refuse to make a simple note to state that additional principal payments were to be applied to the rediculous $175 loan/application fee. I will never have another account with them and will gladly pay a higher interest rate on future vehicle loans to avoid GECU.
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68574 |
| Year Chartered | 1954 |
| Employees | 181 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.98% |
| Return on Equity - YTD | 9.38% |
| Annual Interest Income | $35.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $2.43B$2.14B |
| Loans | Q2 2016vs Q2 2015 | $2.24B$1.88B |
| Deposits | Q2 2016vs Q2 2015 | $2.16B$1.84B |
| Equity Capital | Q2 2016vs Q2 2015 | $252.1MM$229.7MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $12.0MM$12.2MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $13.2MM$11.1MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $93.00K$312.00K |
Always verify rates and promotions with the bank or credit union. We are not General Electric Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
General Electric Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | - | - | Share Savings | |
| 0.10% | - | - | IRA Passbook | |
| 0.10% | - | - | Christmas Club | |
| 0.10% | - | - | Vacation Club |
General Electric Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.80%* | $50k* | - | Money Market Plus Account | ||
| OTHER TIERS: 0.20% → $10k - $50k | |||||
General Electric Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.65%* | $25k* | - | Premium FREE Checking | ||
| OTHER TIERS: 0.15% → $10k - $25k | |||||
| 0.10%* | $7,500* | - | HSA Share Draft Checking | ||
| OTHER TIERS: 0.03% → $1k - $7,500 | |||||
| 0.10%* | $7,500* | - | Share Draft Checking | ||
| OTHER TIERS: 0.03% → $1k - $7,500 | |||||
General Electric Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.75% | $500 | - | 5-Year Share Certificate | |
| 1.70% | $2k | - | 3-Year HSA Certificate | |
| 1.60% | $500 | - | 30-Month Share Certificate | |
| 1.55% | $100k | - | 1-Year Jumbo Share Certificate | |
| 1.50% | $500 | - | 2-Year Share Certificate | |
| 1.50% | $2k | - | 2-Year HSA Certificate | |
| 1.40% | $500 | - | 18-Month Share Certificate | |
| 1.40% | $1k | - | 18-Month HSA Certificate | |
| 1.20% | $500 | - | 1-Year Share Certificate | |
| 1.20% | $500 | - | 1-Year HSA Certificate | |
| 0.85% | $500 | - | 182-Day Share Certificate |
General Electric Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.75% | $500 | - | 5 Year IRA | |
| 1.70% | $500 | - | 3-Year IRA | |
| 1.55% | $100k | - | 1-Year Jumbo IRA | |
| 1.50% | $500 | - | 2-Year IRA | |
| 1.40% | $500 | - | 18-Month IRA | |
| 1.20% | $500 | - | 1-Year IRA |
General Electric Credit Union has 12 locations. Click to view all General Electric Credit Union locations.