Gulf Credit Union is headquartered in Groves and is the 80th largest credit union in the state of Texas. It is also the 959th largest credit union in the nation. It was established in 1941 and as of December of 2022, it had grown to 79 employees and 24,119 members at 4 locations. Gulf Credit Union's CD rates are 3X the national average, and it has a B health rating.
Gulf Credit Union of Texas is open to the resident and the people that maintain employment within these qualified counties: Jefferson, Hardin, and Orange.
See current membership details
Overall | |
---|---|
NCUA # | 60205 |
Year Chartered | 1941 |
Employees | 79 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.12% |
Return on Equity - YTD | 18.82% |
Annual Interest Income | $9.0MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2022vs Q4 2021 | $322.3MM$336.6MM |
Loans | Q4 2022vs Q4 2021 | $176.1MM$144.5MM |
Deposits | Q4 2022vs Q4 2021 | $300.4MM$306.8MM |
Equity Capital | Q4 2022vs Q4 2021 | $19.5MM$28.4MM |
Loan Loss Allowance | Q4 2022vs Q4 2021 | $742.00K$657.00K |
Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $824.00K$562.00K |
Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Gulf Credit Union; 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 |
---|---|---|---|---|
0.15% | $5 | - | Share Account | |
0.15% | - | - | Christmas Club | |
0.15% | $100 | - | IRA Club Account | |
0.15% | - | - | TUTMA | |
0.15% | $5 | - | Business Share Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.60%* | $100k* | - | Cash Management | ||
OTHER TIERS: 0.15% → Up to $2k | 0.25% → $2k - $25k | 0.45% → $25k - $50k | 0.55% → $50k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.00%* | - | $15k | Free Kasasa Saver | ||
OTHER TIERS: 0.35% → $15k+ | |||||
0.05% | $50 | - | Share Draft | ||
0.05% | - | - | Business Share Draft | ||
0.05% | - | - | Senior Share Draft |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
4.07% | $25k | - | 9 Month CD Special - New Money | |
3.55% | $500 | - | 60 Month CD | |
3.29% | $500 | - | 36 Month CD | |
2.78% | $500 | - | 24 Month CD | |
2.52% | $500 | - | 12 Month CD | |
1.76% | $500 | - | 6 Month CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.55% | $500 | - | 60 Month IRA | |
3.29% | $500 | - | 36 Month IRA | |
2.78% | $500 | - | 24 Month IRA | |
2.52% | $500 | - | 12 Month IRA | |
1.76% | $500 | - | 6 Month IRA |
Gulf Credit Union Locations | ||
---|---|---|
Branch Office | 2779 Aero Dr | Port Arthur, TX 77640 |
Branch Office | 4721 Highway 87 S | Orange, TX 77630 |
Branch Office | 2360 Dowlen Rd | Beaumont, TX 77706 |
Branch Office | 5140 W Parkway St | Groves, TX 77619 |