GO Federal Credit Union is headquartered in Dallas and is the 111th largest credit union in the state of Texas. It is also the 1,419th largest credit union in the nation. It was established in 1937 and as of September of 2020, it had grown to 49 employees and 14,685 members at 3 locations. GO Federal Credit Union has an A health rating.
Membership in GO Federal Credit Union is open to those who live, work, worship, or attend school in Dallas County, Texas. Immediate family and household members of current GOFCU members also qualify.
See current membership details
This credit union does not nickle and dime you. Sure, they have their share of fees, but if you are active in managing your money, you can avoid them. I feel everyone should have a credit union account. Their only MINOR disadvantage is that there are not many branches across Dallas, Texas.
At Go Federal Credit Union (FCU), Dallas, TX residents have the opportunity to earn a relatively high interest rates above the standard for Health Savings Accounts (HSA). While it is required to be there in person to set up an account, this information can be taken care of quickly by helpful staff. I was able to transition funds from an HSA that only earned 0.60% APY to 1.50% APY. Also, there was no set up fee, and there is no annual fee to keep the HSA open. These aspects of the account really made sense for me. Also, if any additional deposits need to be made while you are not in the Dallas area, it is possible to sign and email forms to GO FCU representatives. In all, the ability to have a high interest HSA, great access to customer service, and the ability to email transfer documents make my decision to switch to Go FCU valuable asset when planning for my future health care needs.
Their early withdrawal penalty on a five year certificate of deposit is two and a one-half years interest vs. one-half year by the biggest credit union. So their penalty is an amazing five times higher.
Overall | |
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NCUA # | 2073 |
Year Chartered | 1937 |
Employees | 49 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.1% |
Return on Equity - YTD | 1.37% |
Annual Interest Income | $3.7MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $143.5MM$126.7MM |
Loans | Q3 2020vs Q3 2019 | $96.9MM$98.9MM |
Deposits | Q3 2020vs Q3 2019 | $130.7MM$115.3MM |
Equity Capital | Q3 2020vs Q3 2019 | $10.7MM$10.5MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $507.00K$417.00K |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $318.00K$492.00K |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not GO 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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0.20%* | $300k* | - | Money Market Account | ||
OTHER TIERS: 0.05% → $1k - $10k | 0.10% → $10k - $25k | 0.15% → $25k - $300k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.75%* | - | $25k | Kasasa Cash | ||
OTHER TIERS: 0.25% → $25k+ | |||||
0.10% | $2.5k | - | Prestige Checking | ||
0.05% | $500 | - | Traditional Checking | ||
0.05% | $500 | - | Student Checking |
GO Federal Credit Union Locations | ||
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Branch Office | 3200 W Pleasant Run Rd | Lancaster, TX 75146-1073 |
Branch Office | 4040 N Central Expy | Dallas, TX 75204-3158 |
Branch Office | 10501 N Central Expy Ste 300 | Dallas, TX 75231-2219 |