Gulf Credit Union is headquartered in Groves and is the 69th largest credit union in the state of Texas. It is also the 850th largest credit union in the nation. It was established in 1941 and as of December of 2018, it had grown to 84 employees and 27,031 members at 4 locations. Gulf Credit Union's money market rates are 25% higher than the national average, and it has a C+ health rating.
Field of Membership Restrictions
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
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60205 |
| Year Chartered | 1941 |
| Employees | 84 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.67% |
| Return on Equity - YTD | 14.03% |
| Annual Interest Income | $9.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $278.2MM$309.4MM |
| Loans | Q4 2018vs Q4 2017 | $155.8MM$152.6MM |
| Deposits | Q4 2018vs Q4 2017 | $262.6MM$294.0MM |
| Equity Capital | Q4 2018vs Q4 2017 | $13.5MM$11.4MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $675.00K$629.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $476.00K$646.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $829.00K$244.00K |
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.
Gulf Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | $5 | - | Share Account | |
| 0.15% | - | - | Christmas Club | |
| 0.15% | $100 | - | IRA Club Account |
Gulf Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.55%* | $75k* | - | Cash Management | ||
| OTHER TIERS: 0.15% → Up to $2k | 0.20% → $2k - $25k | 0.35% → $25k - $50k | 0.45% → $50k - $75k | |||||
| 0.25% | - | - | TUTMA | ||
Gulf Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $50 | - | Share Draft |
Gulf Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.11% | $500 | - | 36 Month CD | |
| 0.90% | $500 | - | 24 Month CD | |
| 0.65% | $500 | - | 18 Month CD | |
| 0.55% | $500 | - | 12 Month CD | |
| 0.30% | $500 | - | 6 Month CD | |
| 0.15% | $500 | - | 3 Month CD |
Gulf Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.11% | $500 | - | 36 Month IRA | |
| 0.90% | $500 | - | 24 Month IRA | |
| 0.65% | $500 | - | 18 Month IRA | |
| 0.55% | $500 | - | 12 Month IRA | |
| 0.30% | $500 | - | 6 Month IRA | |
| 0.15% | $500 | - | 3 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 |