Featured Savings Rates
Featured Accounts

General Electric Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
2.50%5-year CD5-Year Share Certificate
1.55%1-year CD1-Year Jumbo Share Certificate
0.80%Money MarketMoney Market Plus Account

Overview / Commentary
513-243-4328
10485 Reading Rd
Cincinnati, OH 45241-2523

To benefit the employees of General Electric Aircraft Engines, General Electric Credit Union (GECU) was chartered in 1954. In the 1980s, GECU expanded its field of membership to include several Select Employer Groups (SEGs). Today, the credit union serves over 160,000 members – primarily in Ohio, Kentucky, and Indiana. At the time of this writing, funds deposited with GECU are insured by the National Credit Union Administration (NCUA) through the National Credit Union Share Insurance Fund (NCUSIF).

GECU members have convenient and secure access to funds through online and mobile banking options. Electronic statements, ATM access, and bill pay options are also available.

General Electric Credit Union offers its members a suite of financial products and services, including the following personal depository banking products: savings accounts, Health Savings Accounts (HSAs), money market accounts, checking accounts, Certificates of Deposit (CDs), and Individual Retirement Accounts (IRAs). Although basic savings account is required for membership, holiday and vacation “club” accounts are available as well. The credit union’s money market account offers higher, tiered interest rates – depending upon the account balance. GECU offers Traditional, Roth, and Educational IRA products, and its share certificates (CDs) range in terms from 182 days to 5 years, with IRAs and HSAs available as certificates.

As for business deposit account products, General Electric Credit Union provides a business savings account (required for membership), two business checking account options, a business money market account, and business share certificates (CDs).

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

GECU Lowered Their 5 Year CD To 2.50% - 4/1/2017

On 3/31, GECU lowered the rate on their 5 year CD and 5 year IRA to 2.5%

View all posts from:


Reviews (7)

Great Interest Rates, Convenient, Great Service

Posted by: jdb | Apr 3, 2012

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.

Great service

GE Credit Union does a fantastic job of serving its clients. The products available in terms of checking and savings are much like other banks, with similar rates. You may be able to find a better rate at another bank. The service here, however, really sets them apart. They'll always go the extra mile to make sure you're satisfied, including removing fees if necessary(they completely got rid of all fees associated with savings and checking for me) and integrating their other products into a package for you. They're always friendly and its clear that they really want your business; that you are a valued customer is apparent at all times. All in all- a great credit union that really looks out for you, and highly recommended for the great level of service provided.

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.

Terrible Service

go to the bathroom, eat and perhaps call your parents on the other phone if you have to call GECU customer service-- well over 6 minutes before you get a live person. Oh, and don't send bills with due dates 3 days on receipt.

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!

Posted by: Chris2001 | Aug 28, 2015

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

Posted by: brownja1 | Feb 3, 2012

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.



Health

Health Grade Components

Overall
NCUA #68574
Year Chartered1954
Employees197
Primary Regulator
Profit Margin
Return on Assets - YTD0.79%
Return on Equity - YTD8.25%
Annual Interest Income$72.6MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$2.82B$2.30B
LoansQ4 2016vs Q4 2015$2.51B$2.04B
DepositsQ4 2016vs Q4 2015$2.36B$2.02B
Equity CapitalQ4 2016vs Q4 2015$259.5MM$240.3MM
Loan Loss AllowanceQ4 2016vs Q4 2015$13.5MM$12.8MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$18.7MM$14.9MM
Real Estate OwnedQ4 2016vs Q4 2015$42.00K$193.00K
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

GECU Lowered Their 5 Year CD To 2.50%

aaflygirl   |  
On 3/31, GECU lowered the rate on their 5 year CD and 5 year IRA to 2.5%

Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Share Savings
0.10%--IRA Passbook
0.10%--Christmas Club
0.10%--Vacation Club

General Electric Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%*$50k*-Money Market Plus Account
OTHER TIERS: 0.20% $10k - $50k

General Electric Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%$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

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%$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
Locations

General Electric Credit Union has 12 locations. Click to view all General Electric Credit Union locations.