GFA Federal Credit Union is headquartered in Gardner and is the 24th largest credit union in the state of Massachusetts. It is also the 568th largest credit union in the nation. It was established in 1938 and as of September of 2020, it had grown to 85 employees and 30,925 members at 10 locations. GFA Federal Credit Union has an A health rating.
GFA Federal Credit Union is open to employees, residents, and businesses of Southern New Hampshire and Worcester County, MA
See current membership details
I’ve been banking with GFA for nearly 10 years. I’ve honestly never had a problem. The people there are great. Even through Covid and lobbies closing, they have done their best to make things run normally. They offer everything I need including car insurance. Great local place for banking.
Great rates, both deposits and loans, including a 3.51% rewards checking account, and the highest regular savings rate in its market area. Combine that with pleasant, personal service, plus investments and insurance, and you have a one-stop financial services organization... onlt criticism, they aren't everywhere.
I had my car loan through GFA apparently a passbook was opened and I was Never made aware of this. After 8 months they started charging me a fee for no transactions, 3 months worth. I signed up for a life insurance policy through GFA, under the assumption I would be billed the same as my auto loan, NO, they charged me for $80. for insufficient funds without ever once notifying me of any problem or of a passbook. Their lack of professionalism and courtesy speaks for itself, I highly recommend anyone to stay away from them.
I opened a savings account at GFA credit union - Ashburnham, MA. When I moved a couple of years ago I forgot to change my mailing address. I went into the bank a couple of days ago to close the account and the bank had taken out over $400 because they couldn't send me my statements. BECAUSE they DID NOT send my statements. So they had less work to do and charged me for it. Many phone calls to various managers and they insist this is legal. REALLY???!!!
Twice I have been rejected for an auto loan with GFA. My credit score is nearly 800 and I have an annual income of over $175,000 with equity in my home. It must be a matter of someone there not liking me or maybe its my Latino heritage. Stay away from this organization and its discriminatory practices
Overall | |
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NCUA # | 24279 |
Year Chartered | 1938 |
Employees | 85 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.48% |
Return on Equity - YTD | 4.48% |
Annual Interest Income | $12.3MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $593.6MM$544.6MM |
Loans | Q3 2020vs Q3 2019 | $312.1MM$329.3MM |
Deposits | Q3 2020vs Q3 2019 | $468.4MM$420.5MM |
Equity Capital | Q3 2020vs Q3 2019 | $62.8MM$57.8MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $2.2MM$1.8MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $2.2MM$1.9MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not GFA Federal 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.25%* | $100k* | - | Money Market | ||
OTHER TIERS: 0.10% → $2.5k - $5k | 0.15% → $5k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.15%* | - | $25k | Preferred Choice Checking | ||
OTHER TIERS: 0.05% → $25k+ |
Ashburnham Branches | ||
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Branch Office | 35 Main St | Ashburnham, MA 01430-1290 |
Gardner Branches | ||
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Branch Office | 67 Pearson Blvd | Gardner, MA 01440-3368 |
Branch Office | 229 Parker St | Gardner, MA 01440-3703 |
Hubbardston Branches | ||
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Branch Office | 2 Gardner Rd | Hubbardston, MA 01452-1646 |
Keene Branches | ||
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Branch Office | 143 Marlboro St | Keene, NH 03431 |
Leominster Branches | ||
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Branch Office | 866 Merriam Ave Unit 1 | Leominster, MA 01453 |
Peterborough Branches | ||
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Branch Office | 99 Grove St | Peterborough, NH 03458-1765 |
Rindge Branches | ||
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Branch Office | 31 Sonja Dr Ste 1 | Rindge, NH 03461 |
Rutland Branches | ||
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Branch Office | 32 Pommogussett Rd | Rutland, MA 01543-1461 |
Winchendon Branches | ||
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Branch Office | 185 Central St | Winchendon, MA 01475-1634 |