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
9/1 - GTE DROPS TOP RATES ON LONGER CERTIFICATES
7/12 - Great Service When Opening CD At GTE Financial
6/16 - RATE CHANGES?????
6/1 - GTE Financial 48-Month Jumbo Share Certificate Rate Soars To The Top
5/30 - GTE 48-Month Jumbo CD Increased To 5.12% APY And 60-Month Jumbo Reduced To 3.30% APY.
4/21 - GTE Financial Long-Term Jumbo CD APYs Remain Near The Top
1/30 - GTE JUMBO RATES UP TO 4.8%
12/16/22 - GTE CD Hikes
11/1/22 - GTE Financial Ups 12-Month CD To Near-Rate Leading Status
10/29/22 - GTE Financial 4.13% APY Specials 12, 24, 36 Months
10/18/22 - GTE 4.07% 5 Year CD
2/3/21 - 3 1/2 Year CD At 3.30%APY
10/3/19 - Credit Union Says It Will Honor the Terms of Existing Add-On CDs
10/3/19 - GTE Financial Has Changed Their Mind
9/30/19 - GTE No Longer Honoring ADD-ON Feature Of CD's
8/24/19 - Share Certificate Rates Drop
8/23/19 - 60 Months Cd Down
7/19/19 - GTE Financial Ups 12-Month Add-On IRA To 3.30% APY
4/16/19 - 0.25% Rate Bump For CD Renewal
3/29/19 - GTE Financial Has Promo CDs With Unlimited Add-Ons
3/29/19 - Add-On Promo Certificate 3% 5Yr (Easy & Free Eligibility)
11/27/18 - GTE Financial Offers Promo CDs With Unlimited Add-Ons
9/7/18 - GTE Add-On Share Certificate Specials Are Back
7/13/18 - GTE: 5-Yr. 3.04% APY; 3.30% For Iras; $500 Minimum
6/26/18 - WARNING - Free Checking Is Changing
10/26/17 - GTE promotional add-on CDs end Friday, Oct. 27
10/11/17 - GTE Financial Has Top CD Rates, Nationally Available
8/3/17 - GTE Financial Ups Nationally Available Long-Term CDs
12/3/12 - $100 Checking Account Bonus at GTE Financial - Easy Membership
8/21/07 - 5.64% 12-Month CD at GTE Federal Credit Union - Easy Membership
4/15/06 - 5.38% 12-Month CD at a CU Open to All
Great Customer Service
Highly competitive CD rates and great customer service.
Just renewed my CDs for another 4 and 5 years.
Impossible To Open A CD Online
It could be just my account but online CD opening is not working for me: it's stuck on the first page that asks about citizenship. Clicking 'next' briefly changes 'next' to 'saving' and then reverts back to 'next' and stays on the same page. To my astonishment I was told that now it's not possible to open a CD via chat or phone, only online (doesn't work for me) or in person (I'm not in FL). You need to have at least $500 in deposit accounts or suffer the monthly fee.
Update: I was finally able to open the CD over the phone, the previous rep was wrong about it.
They Do Not Answer Their Phones Or Emails!
Could you please answer your phones? Could you please respond to email? Please? Pretty please?
Is anyone there?
Two hours later I received 2 e-mails. Thank you and DA!
There Is A Reason GTE Has So Many Horrible Reviews
A number of years ago I tried to open an account with them, It was for one of their really great deals, After dealing with the absolutely horrible customer service (which included them not following up on my application without me calling and reminding them) as well as having to jump through incredible hoops to open an account, I decided to I would not trust them with any of my life savings. In their case, I would rather earn less at a CU I can trust.
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 196 |
| Year Chartered | 1935 |
| Employees | 533 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.27% |
| Return on Equity - YTD | 3.08% |
| Annual Interest Income | $112.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $2.88B$2.9B |
| Loans | Q3 2024vs Q3 2023 | $2.39B$2.36B |
| Deposits | Q3 2024vs Q3 2023 | $2.44B$2.58B |
| Equity Capital | Q3 2024vs Q3 2023 | $250.6MM$224.9MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $32.5MM$31.9MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $25.3MM$16.3MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
