Gulf Credit Union is headquartered in Groves and is the 82nd largest credit union in the state of Texas. It is also the 974th largest credit union in the nation. It was established in 1941 and as of June of 2023, it had grown to 84 employees and 23,816 members at 4 locations. Gulf Credit Union has a B health rating.
Gulf Credit Union is open to businesses and other legal entities and those who live, work, worship, or attend school in the Texas counties of Chambers, Hardin, Jasper, Jefferson, Liberty, Newton, Orange, Polk, orTyler or the Bolivar Peninsula.
See current membership details
Overall | |
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NCUA # | 60205 |
Year Chartered | 1941 |
Employees | 84 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.16% |
Return on Equity - YTD | 2.7% |
Annual Interest Income | $4.9MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $319.6MM$337.0MM |
Loans | Q2 2023vs Q2 2022 | $171.7MM$168.0MM |
Deposits | Q2 2023vs Q2 2022 | $298.4MM$312.3MM |
Equity Capital | Q2 2023vs Q2 2022 | $18.6MM$21.4MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$618.00K |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $1.1MM$441.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Rates for Gulf Credit Union are currently being reviewed.
Gulf Credit Union Locations | ||
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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 |