Advertising Disclosure
  1. Banks
  2. GTE Financial

GTE Financial


Overview / Commentary
www.gtefinancial.org
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

7% On One Year CD At GTE - 1/9/2024

To get this deal you must overcome two aspects you possibly might not like: First, it's a one year CD deal. That might not be the best term choice for you right now. This is a matter of personal opinion and preference. Second, you will need to fund the CD with a credit card offering a 2% reward which does not treat the transaction as a cash advance and which does treat the transaction as a purchase. Such credit cards exist, I can promise you that. Other aspects of deal: The 2% portion of your return, which is in the form of a credit card reward, is unlikely to be taxed. The 5% APY CD itself may be opened for as little as $500 if you just want to experiment and "dip your toe into the water" to see how things go before making a larger commitment later. Many people believe interest rates generally will be lower one year hence. Nevertheless, a 7% return on one year money is a respectable rate of interest.

GTE Financial Rates As Of 11-3-2023 - 11/6/2023

They bumped up the lower terms and lowered the rates on all longer terms. GTE is of course known for their liberal credit card funding. Term Dividend Rate APY* 6 months 2.25% 2.27% 12 months 5.00% 5.12% 18 months 4.25% 4.33% 24 months 3.45% 3.51% 30 months 3.25% 3.30% 30 months Bump Up** 3.35%** 3.40%** 36 months 3.20% 3.25% 48 months 3.25% 3.14% 60 months 3.00% 3.04% ** - one bump up in the term after the sixth month Jumbo ($100k+) Term Dividend Rate APY* 6 months 2.50% 2.53% 12 months 5.25% 5.38% 18 months 4.50% 4.59% 24 months 3.70% 3.76% 30 months 3.50% 3.56% 36 months 3.45% 3.51% 48 months 3.35% 3.40% 60 months 3.25% 3.30%

View all posts from:


Reviews (19)

Great Customer Service

Posted by: |

Highly competitive CD rates and great customer service.
Just renewed my CDs for another 4 and 5 years.

6

Impossible To Open A CD Online

Posted by: |

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.

1

They Do Not Answer Their Phones Or Emails!

Posted by: |

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!

9

There Is A Reason GTE Has So Many Horrible Reviews

Posted by: |

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.

12
VIEW MORE REVIEWS

Health
B

Data as of Q2 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #196
Year Chartered1935
Employees537
Primary Regulator
Profit Margin
Return on Assets - YTD0.17%
Return on Equity - YTD2.1%
Annual Interest Income$75.1MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$2.89B$2.92B
LoansQ2 2024vs Q2 2023$2.36B$2.27B
DepositsQ2 2024vs Q2 2023$2.53B$2.61B
Equity CapitalQ2 2024vs Q2 2023$241.7MM$223.9MM
Loan Loss AllowanceQ2 2024vs Q2 2023$30.5MM$33.2MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$20MM$14.7MM
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates
Skip to rates for:
Report an Issue

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
1.57%*$250k*-IRA Savings
OTHER TIERS: 0.40% → $0 - $2.5k | 0.50% → $2.5k - $10k | 0.65% → $10k - $50k | 0.80% → $50k - $100k | 1.06% → $100k - $250k
0.75%*$100*$500Regular Share Savings
OTHER TIERS: 0.15% → $500+
0.05%$100-Special Savings Account
0.05%$0-Health Savings Account
0.05%$0-Early Saver Account

GTE Financial Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.57%*$250k*-Money Market
OTHER TIERS: 0.40% → $0 - $2.5k | 0.50% → $2.5k - $10k | 0.65% → $10k - $50k | 0.80% → $50k - $100k | 1.06% → $100k - $250k
1.57%*$250k*-Business Money Market
OTHER TIERS: 0.40% → $0 - $2.5k | 0.50% → $2.5k - $10k | 0.65% → $10k - $50k | 0.80% → $50k - $100k | 1.06% → $100k - $250k

GTE Financial Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.04%$0$3kGo Premium with GTE Secure
0.45%*$100k*-Business Nonprofit Checking
OTHER TIERS: 0.05% → $0 - $2.5k | 0.15% → $2.5k - $50k | 0.25% → $50k - $100k
0.15%*$150k*-Business Dividend Checking
OTHER TIERS: 0.05% → $0 - $50k | 0.10% → $50k - $150k

GTE Financial CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.33%$100k-12 Month Jumbo Share Certificate
4.33%$100k-Business 12 Month Jumbo Share Certificate
4.07%$500-12 Month Share Certificate
4.07%$500-Business 12 Month Share Certificate
4.07%$100k-18 Month Jumbo Share Certificate
4.07%$100k-Business 18 Month Jumbo Share Certificate
3.82%$500-18 Month Share Certificate
3.82%$500-Business 18 Month Share Certificate
3.76%$100k-24 Month Jumbo Share Certificate
3.76%$100k-Business 24 Month Jumbo Share Certificate
3.56%$100k-30 Month Jumbo Share Certificate
3.56%$100k-Business 30 Month Jumbo Share Certificate
3.51%$500-24 Month Share Certificate
3.51%$500-Business 24 Month Share Certificate
3.51%$100k-36 Month Jumbo Share Certificate
3.51%$100k-Business 36 Month Jumbo Share Certificate
3.40%$100k-48 Month Jumbo Share Certificate
3.40%$500-30 Month Bump Up Share Certificate
3.40%$100k-Business 48 Month Jumbo Share Certificate
3.30%$500-30 Month Share Certificate
3.30%$500-Business 30 Month Share Certificate
3.30%$100k-6 Month Jumbo Share Certificate
3.30%$100k-60 Month Jumbo Share Certificate
3.30%$100k-Business 6 Month Jumbo Share Certificate
3.30%$100k-Business 60 Month Jumbo Share Certificate
3.25%$500-36 Month Share Certificate
3.25%$500-Business 36 Month Share Certificate
3.14%$500-48 Month Share Certificate
3.14%$500-Business 48 Month Share Certificate
3.04%$500-6 Month Share Certificate
3.04%$500-60 Month Share Certificate
3.04%$500-Business 6 Month Share Certificate
3.04%$500-Business 60 Month Share Certificate

GTE Financial IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.33%$100k-12 Month Jumbo IRA
4.07%$500-12 Month IRA
4.07%$100k-18 Month Jumbo IRA
3.82%$500-18 Month IRA
3.76%$100k-24 Month Jumbo IRA
3.56%$100k-30 Month Jumbo IRA
3.51%$500-24 Month IRA
3.51%$100k-36 Month Jumbo IRA
3.40%$100k-48 Month Jumbo IRA
3.40%$500-30 Month Bump Up IRA.
3.30%$500-30 Month IRA
3.30%$100k-6 Month Jumbo IRA
3.30%$100k-60 Month Jumbo IRA
3.25%$500-36 Month IRA
3.14%$500-48 Month IRA
3.04%$500-6 Month IRA
3.04%$500-60 Month IRA
Locations

Availability



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.