GTE Financial

Overview / Commentary
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

GTE JUMBO RATES UP TO 4.8% - 1/30/2023

They're finally showing up on the website.

GTE Financial Bumped Up Many Of Their Certificate Rates - 12/16/2022

TermDividend RateAPY* 6 months1.75% 1.76% 12 months 4.05% 4.13%.                    18 months 4.10% 4.18% 24 months 4.15% 4.23% 30 months 4.20% 4.28%.                36 months 4.25% 4.33% 48 months 4.35% 4.44% 60 months 4.45% 4.54%

GTE CD Hikes - 12/16/2022

Had to post it. Up to 4.54% for 5 year CDs

View all posts from:

Great Customer Service

Posted by: |

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

GTE Financial - Ability To Add Beneficiaries Online

Posted by: |

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.

They Charge You To Take Your Money

Opened an account with them a number of years ago for a CD special rate. The CD expired and rates were significantly lower, so the money went into savings. After about six months, they started charging inactivity fees. It seems if you don't move money at least twice a year, they consider your account inactive. I got those charges waived, but they charged me to take my money out. $6 for a check or $2 for ACH transfer with a limit of $5000 per ACH transfer. No way around it. I closed my accounts and paid the $6 for a check. I won't be back.

Hard Pull When Opening A New Membership Ouch

Posted by: |

They do a hard pull when opening a new membership ouch!!!

UPDATE 1-4-23: I actually took the chance and applied, they did the hard pull, lowered my credit score, and actually DENIED for a simple saving and a CD, with no explanation.

Interestingly, I have an 823 credit score and no issues with the Chex system.



Health Grade Components

NCUA #196
Year Chartered1935
Primary Regulator
Profit Margin
Return on Assets - YTD1.21%
Return on Equity - YTD15.77%
Annual Interest Income$68.1MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$2.87B$2.76B
LoansQ3 2022vs Q3 2021$2.33B$1.92B
DepositsQ3 2022vs Q3 2021$2.53B$2.50B
Equity CapitalQ3 2022vs Q3 2021$219.5MM$215.3MM
Loan Loss AllowanceQ3 2022vs Q3 2021$18.6MM$22.7MM
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$13.0MM$12.1MM
Real Estate OwnedQ3 2022vs Q3 2021$0$76.00K
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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

0.05%$100$500Regular Share Savings

GTE Financial Money Market Rates

0.90%*$100k*-Money Market
OTHER TIERS: 0.35% $2.5k - $10k | 0.50% $10k - $50k | 0.65% $50k - $100k

GTE Financial Checking Account Rates

0.40%*$100k*-Business Nonprofit Checking
OTHER TIERS: 0.10% $1k - $50k | 0.20% $50k - $100k
0.10%*$150k*-Business Dividend Checking
OTHER TIERS: 0.05% $50k - $150k
0.05%-$3kGo Premium with GTE Secure

GTE Financial CD Rates

4.44%$500-60 Month Share Certificate
4.33%$500-48 Month Share Certificate
4.28%$500-30 Month Share Certificate
4.23%$500-24 Month Share Certificate
4.23%$500-36 Month Share Certificate
4.18%$500-18 Month Share Certificate
4.13%$500-12 Month Share Certificate
1.76%$500-6 Month Share Certificate

GTE Financial IRA Rates

4.54%$500-60 Month IRA
4.44%$500-48 Month IRA
4.33%$500-36 Month IRA
4.28%$500-30 Month IRA
4.23%$500-24 Month IRA
4.18%$500-18 Month IRA
4.13%$500-12 Month IRA
1.76%$500-6 Month IRA


Tampa Area

Interactive local rates map

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