GTE Financial
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.51% | 1-year CD | 12 Month Promotional Share Certificate w/ Add-on (New Money Only) 1.50% - Ally Bank No Penalty 11-Month CD |
| 2.53% | 3-year CD | 30 Month Promotional Share Certificate w/ Add-on (New Money Only) 1.60% - Ally Bank High Yield 3 Year CD |
| 2.22% | 2-year CD | 24 Month Promotional Share Certificate w/ Add-on (New Money Only) |
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
Phenomenal Customer Service For New Account
I just had one of the BEST Customer Service experiences EVER while opening a new account at GTE Financial. Not only was their website a joy to navigate (unlike most others I've dealt with), the phone support I needed (having recently frozen my credit reports at all major bureau's) was superb. Service Rep walked me (by phone) through every convoluted step required to temporarily unlock my credit freezes. I haven't had such a positive experience at a financial institution in years! And their current CD rates are the icing on the cake!
GTE rocks!
I love GTE Credit Union, they are really competitive with the services they offer and they aren't trying to nickel and dime each customer. They look at customers like members, not customers that they should try to sell me things. I really like that, they keep my money safe and also provide me access to it and offer me things like I need Home mortgages and credit cards with competitive rates.
pretty decent credit union
I switched to GTE from another local credit union primarily because of the ease of internet banking and availability and ease of drive-through service. My friend recommended GTE to me and I am so glad. Of course, she was happy, because she a $25 referral fee. This referral fee is on-going and unlimited, as far as I know. I also like the new debit card because it uses the chip technology which is safer than the swipe band. I also was able to get a break on what I pay for checks because I qualified with a savings account, checking account, and a 3yr cd,-so I was able to get checks at a 40% savings. GTE also offers other ways members can earn extra cash; e.g when you log-in you can press the "Smart Button" to enter a giveaway anywhere from $0.80 to $80--wish I could report that I have won, but not yet! The interest rate on my cd is pretty competitive; the interest rates on the savings and checking accounts not so much, but you can earn a bit more interest when you qualify for "member advantage". There are also other ways to earn extra cash by using a smartphone to save each time you swipe; And even earn some pennies when you run or jog. All in all a really friendly and consumer smart credit union. Oh, and that other credit union I switched from: at GTE I have never had a problem with the drive-through or outside ATM,-always a smooth and safe experience.
Customer Service Quality
I applied online for a loan 10 days ago. I received an email that said someone would contact me shortly. I have tried to contact someone at GTE several times over the past 8 days. Usually I am in a queue for 15-25 minutes before a human answers. Twice I have talked to a real human and they have told me that the department I need to speak with for a lot (land) loan is a different department. They put me on hold again and no one has ever answered their forwarded call. I don't know what "conact you shortly" means to them, but obviously it is longer than 10 days and no matter what you do, the process fails. I wouldn't even waste my time writing this, but maybe this will deter some of the readers from going down the same road I have experienced. I don't know how any company like this can possibly succeed in today's competitive world. In summary, I am glad that I have learned how poorly they operate at this stage vs getting deeply involved with them first.
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 196 |
| Year Chartered | 1935 |
| Employees | 445 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.35% |
| Return on Equity - YTD | 4.55% |
| Annual Interest Income | $32.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $1.88B$1.80B |
| Loans | Q2 2017vs Q2 2016 | $1.61B$1.47B |
| Deposits | Q2 2017vs Q2 2016 | $1.71B$1.64B |
| Equity Capital | Q2 2017vs Q2 2016 | $145.6MM$136.5MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $14.7MM$15.0MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $19.9MM$19.1MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $584.00K$1.8MM |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.99%* | - | $500 | Regular Share Savings - Member Advantage | ||
| OTHER TIERS: 0.10% → $500+ | |||||
| 1.99%* | - | $500 | Early Saver Account | ||
| OTHER TIERS: 0.10% → $500+ | |||||
| 0.40% | - | - | HSA Checking | ||
| 0.30%* | $50k* | - | IRA Savings - Member Advantage | ||
| OTHER TIERS: 0.20% → $2,500 - $10k | 0.25% → $10k - $50k | |||||
| 0.25%* | $50k* | - | IRA Savings | ||
| OTHER TIERS: 0.15% → $2,500 - $10k | 0.20% → $10k - $50k | |||||
| 0.10% | $100 | - | Regular Share Savings | ||
| 0.10% | $100 | - | Special Savings Account | ||
GTE Financial Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.30%* | $50k* | - | Money Market-Member Advantage | ||
| OTHER TIERS: 0.20% → $2,500 - $10k | 0.25% → $10k - $50k | |||||
| 0.25%* | $50k* | - | Money Market | ||
| OTHER TIERS: 0.15% → $2,500 - $10k | 0.20% → $10k - $50k | |||||
GTE Financial Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.99% | - | $500 | Primary Checking - Member Advantage |
GTE Financial CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.78% | $100k | - | 30 Month Promotional Jumbo Share Certificate w/ Add-on (New Money Only) | |
| 2.58% | $500 | - | 60 Month Share Certificate - Member Advantage | |
| 2.53% | $500 | $100k | 30 Month Promotional Share Certificate w/ Add-on (New Money Only) | |
| 2.48% | $100k | - | 24 Month Promotional Jumbo Share Certificate w/ Add-on (New Money Only) | |
| 2.32% | $500 | - | 60 Month Share Certificate | |
| 2.32% | $100k | - | 18 Month Promotional Jumbo Share Certificate w/ Add-on (New Money Only) | |
| 2.27% | $500 | - | 48 Month Share Certificate - Member Advantage | |
| 2.22% | $500 | $100k | 24 Month Promotional Share Certificate w/ Add-on (New Money Only) | |
| 2.07% | $500 | $100k | 18 Month Promotional Share Certificate w/ Add-on (New Money Only) | |
| 2.02% | $500 | - | 48 Month Share Certificate | |
| 2.02% | $500 | - | 36 Month Share Certificate - Member Advantage | |
| 1.84% | $500 | - | 3 Year Escalating Share Certificate - Member Advantage | |
| 1.76% | $500 | - | 36 Month Share Certificate | |
| 1.76% | $500 | - | 30 Month Share Certificate - Member Advantage | |
| 1.76% | $100k | - | 12 Month Promotional Jumbo Share Certificate w/ Add-on (New Money Only) | |
| 1.71% | $500 | - | 24 Month Share Certificate - Member Advantage | |
| 1.66% | $500 | - | 30 Month Step Up Share Certificate - Member Advantage | |
| 1.59% | $500 | - | 3 Year Escalating Share Certificate | |
| 1.56% | $500 | - | 18 Month Share Certificate - Member Advantage | |
| 1.56% | $100k | - | 6 Month Promotional Jumbo Share Certificate w/ Add-on (New Money Only) | |
| 1.51% | $500 | - | 30 Month Share Certificate | |
| 1.51% | $500 | $100k | 12 Month Promotional Share Certificate w/ Add-on (New Money Only) | |
| 1.46% | $500 | - | 24 Month Share Certificate | |
| 1.41% | $500 | - | 30 Month Step Up Share Certificate | |
| 1.31% | $500 | - | 18 Month Share Certificate | |
| 1.31% | $500 | $100k | 6 Month Promotional Share Certificate w/ Add-on (New Money Only) | |
| 1.26% | $500 | - | 12 Month Add-on Share Certificate - Member Advantage | |
| 1.06% | $500 | - | 6 Month Share Certificate - Member Advantage | |
| 1.00% | $500 | - | 12 Month Add-on Share Certificate | |
| 0.80% | $500 | - | 6 Month Share Certificate |
GTE Financial IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.84% | $500 | - | 60 Month IRA Certificate - Member Advantage | |
| 2.58% | $500 | - | 60 Month IRA Certificate | |
| 2.53% | $500 | - | 48 Month IRA Certificate - Member Advantage | |
| 2.27% | $500 | - | 48 Month IRA Certificate | |
| 2.27% | $500 | - | 36 Month IRA Certificate - Member Advantage | |
| 2.02% | $500 | - | 36 Month IRA Certificate | |
| 2.02% | $500 | - | 30 Month IRA Certificate - Member Advantage | |
| 1.97% | $500 | - | 24 Month IRA Certificate - Member Advantage | |
| 1.92% | $500 | - | 30 Month Step Up IRA Certificate - Member Advantage | |
| 1.81% | $500 | - | 18 Month IRA Certificate - Member Advantage | |
| 1.76% | $500 | - | 30 Month IRA Certificate | |
| 1.71% | $500 | - | 24 Month IRA Certificate | |
| 1.66% | $500 | - | 30 Month Step Up IRA Certificate | |
| 1.56% | $500 | - | 18 Month IRA Certificate | |
| 1.51% | $500 | - | 12 Month Add-on IRA Certificate - Member Advantage | |
| 1.31% | $500 | - | 6 Month IRA Certificate - Member Advantage | |
| 1.26% | $500 | - | 12 Month Add-on IRA Certificate | |
| 1.06% | $500 | - | 6 Month IRA Certificate |
