General Electric Credit Union is a federally insured state credit union based in Cincinnati, Ohio. It has been opened since 1954, for 68 years.
With around $3,042,620,000 in assets, General Electric Credit Union is considered to be a very large credit union. It has 12 branches and 7 ATM locations.
|Address|| 10485 Reading Road |
Cincinnati, Ohio 45241
|CEO||Timothy D. Ballinger|
|President of the Board||Mary Vessells|
|Services Offered|| |
With 187,869 members, the General Electric Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 98% of credit unions.
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 General Electric Credit Union. Some credit unions tend to charge more fees, while others charge less.
General Electric Credit Union has 344 full-time staff members and 6 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 98% of the workforce.
The number of members relative to staff members is an indication of how well staffed the credit union is. General Electric Credit Union has around 541 members per staff, a high ratio compared to other credit unions.
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.
General Electric Credit Union holds a total of $2,643,740,000 in loans and leases, which is about $16,837 per member on average.
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. General Electric Credit Union pays 0.10%.