Feedback
Share
Link
Link copied!
Asset Brief
Galveston Government Employees Credit Union
Credit Union Finder
Explore
Search
Asset Brief
More
About Asset Brief
Copyright © 2022 assetbrief.com and Spring Launch Media LLC. All Rights Reserved.

All content on this website ("the Site") is the property of Spring Launch Media LLC. The collection and assembly of content on this Site are the exclusive property of Spring Launch Media LLC and are protected by copyright and other intellectual property laws. Credit union and bank data is publicly sourced from the U.S. government. None are affiliated with Asset Brief. assetbrief.com is an independent, advertising-supported publisher. We work hard to keep our information accurate and up to date, but do not guarantee accuracy of information. You may see different information when you visit a specific product’s site. assetbrief.com does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information disclosed. assetbrief.com does not assume any responsibility for any aspect of financial decisions taken based on the contents provided on this Site. When considering offers, please review all Terms and Conditions with the offering institution. Our content is not intended to provide investment advice. assetbrief.com is compensated through display advertising and offers from our partners. Many or all of the products features may be from our partners, and advertising may impact on where, how, and the order in which products appear on this Site. AssetBrief does not include all companies or all available products. However, this does not influence our editorial content or our advice, which are based on industry knowledge and many many hours of research. assetbrief.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

Galveston Government Employees Credit Union Share
Link
Link copied!

Table of Contents
Map Loading...
Overview Share
Link
Link copied!
Back to Top

Galveston Government Employees Credit Union is a federally insured state credit union based in Dickinson, Texas. It has been opened since 1933, for 89 years.

With around $6,540,000 in assets, Galveston Government Employees Credit Union is considered to be a small credit union.

About Share
Link
Link copied!
Address Po Box 1149
Dickinson, Texas 77539
Website http://www.ggecu.com
Phone (409) 908-9834
Fax (409) 908-9448
CEO Rachel J. Jones
President of the Board Seth Rowlands
Services Offered
Score Card Share
Link
Link copied!
Back to Top
89 years
Years in business
Opened in 1933
Well Capitalized
Net worth classification
Source: NCUA
2,198 members
Membership type: State chartered natural person credit union
Below average number of members
733:1
Credit union member to staff ratio
733 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$6,542,753
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 3 in Texas
Average number of branches
0.03%
Savings interest rate
Compared to 0.3% nationally
8.00%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
Link
Link copied!
Back to Top
1 branch
Compared with an average of 4 nationally and 3 in Texas
Average number of branches
Galveston Government Employees Credit Union Branch Locations

Galveston Government Employees Credit Union: Ggecu
14041 Delaney Street
La Marque, Texas 77568
No ATM
Members Share
Link
Link copied!
Back to Top
2,198 members
Membership type: State chartered natural person credit union
Below average number of members

With 2,198 members, the Galveston Government Employees Credit Union is considered to be a small credit union. It is smaller than 63% of credit unions.

Fees Share
Link
Link copied!
Back to Top
$32
Average fee per member
The average fee per member at the Galveston Government Employees Credit Union is $32, which is low compared to most credit unions. This rate is lower than 64% of all credit unions.
Fees are lower than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Galveston Government Employees Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
Link
Link copied!
Back to Top
733:1
Credit union member to staff ratio
733 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
3 staff members
FTE (full-time equivalent)
0% of employees are part-time
3 full-time, 0 part-time

Galveston Government Employees Credit Union has 3 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Galveston Government Employees Credit Union has around 733 members per staff, a high ratio compared to other credit unions.

Assets Share
Link
Link copied!
Back to Top
$6,542,753
Total assets
Below average
Net worth Share
Link
Link copied!
Back to Top
Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
7.3%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
Link
Link copied!
Back to Top
$10,057
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 50% of credit unions.

Galveston Government Employees Credit Union holds a total of $5,840,000 in loans and leases, which is about $10,057 per member on average.

Savings interest rate Share
Link
Link copied!
Back to Top
0.03%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Galveston Government Employees Credit Union pays 0.03%.

Loan rates Share
Link
Link copied!
Back to Top
8.00%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
12.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
8.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
Link
Link copied!
Back to Top
6.50%
New car loan rate
Compared to 4.0% nationally
10.00%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
Link
Link copied!
Back to Top
8.00%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
10.00%
Other real estate loan rates
Compared to 0.9% nationally

Additional Credit Unions

See all...
Metro Medical Credit Union
Credit Union: Well Capitalized Dallas, Texas 7127.0 $71 million Well Capitalized
City Credit Union
Credit Union: Well Capitalized Dallas, Texas 36000.0 $467 million Well Capitalized
Air Force Credit Union
Credit Union: Well Capitalized San Antonio, Texas 48437.0 $423 million Well Capitalized
One Source Credit Union
Credit Union: Well Capitalized EL Paso, Texas 14694.0 $105 million Well Capitalized
A+ Credit Union
Credit Union: Well Capitalized Austin, Texas 153960.0 $2 billion Well Capitalized
United Community Credit Union
Credit Union: Well Capitalized Houston, Texas 12255.0 $99 million Well Capitalized
Bivins Credit Union
Credit Union: Well Capitalized Masterson, Texas 669.0 $7 million Well Capitalized
Service 1st Credit Union
Credit Union: Well Capitalized Greenville, Texas 5557.0 $62 million Well Capitalized
Paris District Credit Union
Credit Union: Well Capitalized Paris, Texas 225.0 $676k Well Capitalized
Southwest Airlines Credit Union
Credit Union: Well Capitalized Dallas, Texas 55375.0 $551 million Well Capitalized

More Credit Unions

See all...
Community Service Credit Union
Credit Union: Well Capitalized Huntsville, Texas 11236.0 $97 million Well Capitalized
Ibew Community Credit Union
Credit Union: Well Capitalized Beaumont, Texas 1828.0 $15 million Well Capitalized
Tyler City Employees Credit Union
Credit Union: Well Capitalized Tyler, Texas 2791.0 $20 million Well Capitalized
Covenant Savings Credit Union
Credit Union: Well Capitalized Killeen, Texas 1463.0 $3 million Well Capitalized
Security Service Credit Union
Credit Union: Well Capitalized San Antonio, Texas 774333.0 $10 billion Well Capitalized
First Basin Credit Union
Credit Union: Well Capitalized Odessa, Texas 26392.0 $263 million Well Capitalized
Corpus Christi Postal Employees Credit Union
Credit Union: Well Capitalized Corpus Christi, Texas 1972.0 $15 million Well Capitalized
Union Square Credit Union
Credit Union: Well Capitalized Wichita Falls, Texas 22896.0 $352 million Well Capitalized
Keystone Credit Union
Credit Union: Well Capitalized Tyler, Texas 3756.0 $38 million Well Capitalized
Texan Sky Credit Union
Credit Union: Well Capitalized Dumas, Texas 7968.0 $49 million Well Capitalized

More Credit Unions

See all...
Genco Credit Union
Credit Union: Well Capitalized Waco, Texas 38380.0 $303 million Well Capitalized
Primeway Credit Union
Credit Union: Well Capitalized Houston, Texas 47397.0 $497 million Well Capitalized
Northeast Panhandle Teachers Credit Union
Credit Union: Well Capitalized Perryton, Texas 2596.0 $22 million Well Capitalized
Texas Bay Credit Union
Credit Union: Well Capitalized Houston, Texas 44553.0 $443 million Well Capitalized
Reeves County Teachers Credit Union
Credit Union: Well Capitalized Pecos, Texas 1763.0 $13 million Well Capitalized
United Texas Credit Union
Credit Union: Well Capitalized San Antonio, Texas 16827.0 $240 million Well Capitalized
Mobiloil Credit Union
Credit Union: Well Capitalized Beaumont, Texas 56518.0 $806 million Well Capitalized
Baker Hughes Credit Union
Credit Union: Well Capitalized Houston, Texas 2170.0 $15 million Well Capitalized
Government Employees Credit Union
Credit Union: Well Capitalized Austin, Texas 9651.0 $139 million Well Capitalized
Liberty County Teachers Credit Union
Credit Union: Well Capitalized Liberty, Texas 3083.0 $18 million Well Capitalized

All of Asset Brief

See all...

Similar Credit Unions to Galveston Government Employees Credit Union

See all...
Galveston Government Employees Credit Union
Credit Union: Well Capitalized Dickinson, Texas 2198.0 $7 million Well Capitalized
Galveston School Employees Credit Union: Main Office
Credit Union Branch: 5200 Avenue North 1/2
Galveston, Texas 77551 No ATM
Governmental Employees Credit Union: Governmental Employee Credit Union
Credit Union Branch: 225 La Crosse Street
La Crosse, Wisconsin 54601 ATM Available
Orlex Government Employees Credit Union
Credit Union Branch: 5043 US Route 5
Newport, Vermont 05855 No ATM
Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Governmental Employees Credit Union: Governmental Employee Credit Union ATM
Credit Union ATM: 225 La Crosse Street
La Crosse, Wisconsin 54601
Galveston Government Employees Credit Union: Ggecu
Credit Union Branch: 14041 Delaney Street
La Marque, Texas 77568 No ATM
Orlex Government Employees Credit Union
Credit Union Branch: 5043 US Route 5
Newport, Vermont 05855 No ATM
Galveston School Employees Credit Union: Records Maintenance
Credit Union Branch: 5200 Avenue North 1/2
Galveston, Texas 77551 No ATM
Galveston School Employees Credit Union
Credit Union: Well Capitalized Galveston, Texas 1185.0 $3 million Well Capitalized