GTE Financial


Overview / Commentary
813-871-2690
711 E Henderson Ave
Tampa, FL 33602

GTE Financial is a member-owned federal credit union chartered in the midst of the Great Depression that offers a variety of depository banking and lending products. It is an active participant in serving organizations located in the community it serves and also helps businesses with growth and start-up financing.

On its personal banking side, GTE Financial offers savings, checking, money market, share certificate, IRA, and credit card accounts to meet the needs of it membership. Its checking account options include a basic, free account that is eligible for a member advantage program, and a youth account that comes with reduced insufficient fund charges and once-a-month forgiveness for overdraft fees. Both checking accounts come with unlimited check writing, referral incentives, and free debit cards. A basic savings account as well as a money market account are available and offer interest at varying levels based on account balances. Share certificates and IRA certificates range in term lengths from 6 to 60 months. GTE’s rewards program offers cash back incentives for using its Visa credit card or MasterCard debit card.

GTE Financial online banking provides a web-based platform for members to manage their accounts, pay bills, transfer funds and make loan payments. The credit union is part of the CO-OP ATM network and allows free money withdrawal from an ATM that is part of the network. GTE also provides financial education and resources to help guide members through decisions related to purchasing a mortgage and opening up various deposit accounts.

GTE Financial was originally chartered in 1935 and is headquartered in Tampa, Florida. The credit union serves hundreds of thousands of members through a number of branches spread across the state of Florida.

Field of Membership Restrictions

Membership in GTE Financial is open to anyone through joining CUSavers ($10 one-time membership fee). Membership is also open to those who live, work, attend school or worship in select areas of zip codes 33602, 33603, 33604, 33605, 33606, 33607, 33609, 33610, and 33619 in the Tampa area.
See current membership details

Related Posts

Share Certificate Rates Drop - 8/24/2019

I wanted to let my fellow DA readers know that GTE Financial has dropped the rates on their Share Certificates and removed the add-on feature from all but their 12 month certificate. According to their website, the 12 month add-on has the following restrictions: *Add-On option available in deposits of $100 or greater throughout the term of the certificate up to a combined maximum of $6,000 per primary owner per calendar year. I was able to open a 36 month add-on certificate last week and locked in 3.05/3.09 APY% The 36 month is now paying 2.10/2.12 APY%.

60 Months Cd Down - 8/23/2019

GTE now lower there 60 months CD to 2.32% APY 2.30% Rate

GTE Financial Ups 12-Month Add-On IRA To 3.30% APY - 7/19/2019

GTE Financial (easy membership) raised the rate on its 12-month Add-On IRA Special to 3.30% APY. Min deposit is $500, with additional deposits capped at $5.5k or $6.5k.

View all posts from:


Easy Peasy

Posted by: sjh13 | Aug 17, 2019

I had no trouble at all joining GTE online, and opening 2 CD's. They are a bit swamped, so it does take a couple days, but they were very responsive, polite, competent and customer service oriented. Contact was good, they even did a follow up call to make sure everything went as I wanted it to. No problems here, I'd recommend them to anyone. I've dealt with a lot of CU's over the years, and this one really is better than most.

Working With GTE Financial

Posted by: HZ | Jul 5, 2019

I opened 4 cds with GTE over the last several months - since April. They were all ADD ON cds - I can add whateversum of money i care to add and keep getting the same rates as when i opened them. The rates were between 3.20 and 3.25. i went there in person and they were very easy to deal with. At one time a rate changed and they honored the rate from the week before. They also let me open business CDs at the same rate as my personal. It is very hard for me to find Credit Unions that offer business CDs. I would recommend GTE financial to anyone. I now have 3.20 to 3.25 rates locked in for the next 5 years.

Not Thrilled By Hard Credit Pull.

Posted by: pjmltd1 | Jul 4, 2019

Happy to get the promo CD with add on for 5 years, but was surprised when I immediately received notification of a hard Equifax pull. I am giving you money GTE, not asking for any from you.

AWFUL- Go To ANY Other Credit Union

Posted by: SLR | Sep 3, 2019

After a 20+ year membership, I am taking steps to permanent sever all ties with GTE & have already moved the bulk of my funds from my accounts there.. Horrible customer service w/ deposit & account errors made almost on a regular basis, and their loan procedures are a complete joke. I would strongly advise against trusting them with any of your money or accounts- my experience has been pretty awful in the past few years.

VIEW MORE REVIEWS

Health
B+

Health Grade Components

Overall
NCUA #196
Year Chartered1935
Employees456
Primary Regulator
Profit Margin
Return on Assets - YTD0.56%
Return on Equity - YTD6.9%
Annual Interest Income$41.4MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$2.12B$2.03B
LoansQ2 2019vs Q2 2018$1.85B$1.76B
DepositsQ2 2019vs Q2 2018$1.88B$1.85B
Equity CapitalQ2 2019vs Q2 2018$172.2MM$156.8MM
Loan Loss AllowanceQ2 2019vs Q2 2018$14.2MM$15.9MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$19.6MM$24.3MM
Real Estate OwnedQ2 2019vs Q2 2018$781.00K$182.00K
  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.

Share Certificate Rates Drop

enelrad1123   |  
I wanted to let my fellow DA readers know that GTE Financial has dropped the rates on their Share Certificates and removed the add-on feature from all but their 12 month certificate. According to their website, the 12 month add-on has the following restrictions: *Add-On option available in deposits of $100 or greater throughout the term of the certificate up to a combined maximum of $6,000 per primary owner per calendar year. I was able to open a 36 month add-on certificate last week and locked in 3.05/3.09 APY% The 36 month is now paying 2.10/2.12 APY%.

60 Months Cd Down

TJ   |  
GTE now lower there 60 months CD to 2.32% APY 2.30% Rate

Rates
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Always verify rates and promotions with the bank or credit union. We are not GTE Financial; 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.

GTE Financial Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.99%*-$500Early Saver Account
OTHER TIERS: 0.10% $500+
1.76%*$75k*-Non-Profit Savings
OTHER TIERS: 0.15% $2.5k - $25k | 1.51% $25k - $75k
1.51%*$75k*-Business Advantage Savings
OTHER TIERS: 0.15% $2.5k - $2.5k | 1.26% $25k - $25k
1.00%*$100k*-IRA Savings
OTHER TIERS: 0.35% $2.5k - $10k | 0.45% $10k - $50k | 0.75% $50k - $100k
0.40%--HSA Checking
0.10%$100-Regular Share Savings
0.10%$100-Special Savings Account
0.10%$100-Future Change Savings - App Required

GTE Financial Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$100k*-High Yield Money Market
OTHER TIERS: 0.75% $10k - $100k
0.85%*$100k*-Money Market
OTHER TIERS: 0.20% $2.5k - $10k | 0.30% $10k - $50k | 0.60% $50k - $100k
0.85%*$100k*-Business Money Market
OTHER TIERS: 0.20% $2.5k - $10k | 0.30% $10k - $50k | 0.60% $50k - $100k

GTE Financial Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%-$3kGo Premium with GTE Secure
0.15%--Business Interest Checking

GTE Financial CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.32%$500-60 Month Share Certificate
2.32%$500-Business 60 Month Share Certificate
2.22%$500-48 Month Share Certificate
2.22%$500-Business 48 Month Share Certificate
2.12%$500-36 Month Share Certificate
2.12%$500-Business 36 Month Share Certificate
2.02%$500-24 Month Share Certificate
2.02%$500-Business 24 Month Share Certificate
2.00%$500-3 Year Escalating Share Certificate - Third Year
1.92%$500-30 Month Share Certificate
1.92%$500-Business 30 Month Share Certificate
1.92%$500-Business 30 Month Step Up Share Certificate
1.76%$500-18 Month Share Certificate
1.76%$500-Business 18 Month Share Certificate
1.51%$500$6k12 Month Share Certificate w/ Add-On option
1.51%$100-12 Month Add-On Youth Share Certificate
1.51%$500-Business 12 Month Add-on Share Certificate
1.50%$500-3 Year Escalating Share Certificate - Second Year
1.41%$500-30 Month Step Up Share Certificate
1.25%$500-3 Year Escalating Share Certificate - First Year
1.00%$500-6 Month Share Certificate
1.00%$500-Business 6 Month Share Certificate

GTE Financial IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.30%$100$6k12 Month Add-on IRA
2.22%$500-60 Month IRA
1.97%$500-48 Month IRA
1.81%$500-36 Month IRA
1.76%$500-30 Month Step Up IRA
1.66%$500-24 Month IRA
1.51%$500-18 Month IRA
1.51%$500-30 Month IRA
1.51%$100-12 Month Add-On Youth IRA
0.90%$500-6 Month IRA
Locations

Availability

Tampa Area

Interactive local rates map


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.