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.
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
Highly competitive CD rates and great customer service.
Just renewed my CDs for another 4 and 5 years.
New feature at GTE allows you to add beneficiaries online. There is an ‘Everything Else’ button towards the right, just before the log off button. Under ‘Resources’, choose ‘Forms’ and you will see the Beneficiary form as the first option. Complete and submit. SSN and DOB of beneficiaries required.
I give them four stars for this enhancement.
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!
I regret ever having heard of GTE and thinking a credit union was better than a bank. They have a huge revenue because they take money from customers. I opened a SAVINGS account with them because I was please with the APY at the time. I didn't use it because I was SAVING the money but unknowingly to me they were taking $15 a month for inactive use. No letters, no emails, no phone calls. Just taking from my savings. They said it was my responsibility to review my statements and see that I had fees being assessed. I didn't review my statements because I knew that money was there and I was SAVING it. It is a sneaky way of stealing.
Overall | |
---|---|
NCUA # | 196 |
Year Chartered | 1935 |
Employees | 508 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.83% |
Return on Equity - YTD | 10.78% |
Annual Interest Income | $62.2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2023vs Q2 2022 | $2.92B$2.85B |
Loans | Q2 2023vs Q2 2022 | $2.27B$2.21B |
Deposits | Q2 2023vs Q2 2022 | $2.61B$2.59B |
Equity Capital | Q2 2023vs Q2 2022 | $223.9MM$215.1MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$21.5MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $14.7MM$10.6MM |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
4.85% | - | - | Early Saver Account | |
0.75% | $100 | $500 | Regular Share Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.57%* | $250k* | - | Money Market | ||
OTHER TIERS: 0.40% → Up to $2.5k | 0.50% → $2.5k - $10k | 0.65% → $10k - $50k | 0.80% → $50k - $100k | 1.06% → $100k - $250k |