Home
Contents
Explore
Search

Golden Triangle Credit Union

Overview
Back to Top

Golden Triangle Credit Union is a federal credit union based in Groves, Texas. It has been opened since 1953, for 67 years.

With around $32,320,000 in assets, Golden Triangle Credit Union is considered to be an average size credit union. It has 1 branches and 1 ATM locations.

About
Address 5211 E. Parkway Street
Groves, Texas 77619
Website http://www.gtfcu.coop
Phone (409) 962-3434
Fax (409) 962-0215
CEO Christa Hollier
President of the Board Mickey Breaux
Services Offered
Map
Back to Top
Score Card
Back to Top
67 years
Years in business
Opened in 1953
Well Capitalized
Net worth classification
Source: NCUA
2,636 members
Membership type: Multiple common bond – primary chemical
Average number of members
293:1
Credit union member to staff ratio
293 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$32,323,773
Total assets
Average size
1 branch
Compared with an average of 4 nationally and 3 in Texas
Average number of branches
0.25%
Savings interest rate
Compared to 0.3% nationally
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
Back to Top
1 branch
Compared with an average of 4 nationally and 3 in Texas
Average number of branches
Golden Triangle Credit Union Branch Locations

Golden Triangle Credit Union: Main Office
5211 E. Parkway Street
Groves, Texas 77619
ATM Available
Members
Back to Top
2,636 members
Membership type: Multiple common bond – primary chemical
Average number of members

With 2,636 members, the Golden Triangle Credit Union is considered to be a medium size credit union. It is larger than 42% of credit unions.

Fees
Back to Top
$65
Average fee per member
The average fee per member at the Golden Triangle Credit Union is $65, which is high compared to most credit unions. This rate is higher than 63% of all credit unions.
Fees are higher 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 Golden Triangle Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
293:1
Credit union member to staff ratio
293 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
9 staff members
FTE (full-time equivalent)
20% of employees are part-time
8 full-time, 2 part-time

Golden Triangle Credit Union has 8 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 80% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Golden Triangle Credit Union has around 293 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets
Back to Top
$32,323,773
Total assets
Average size
Net worth
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.
15.1%
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
Back to Top
$9,572
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 45% of credit unions.

Golden Triangle Credit Union holds a total of $15,770,000 in loans and leases, which is about $9,572 per member on average.

Savings interest rate
Back to Top
0.25%
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. Golden Triangle Credit Union pays 0.25%.

Loan rates
Back to Top
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
8.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.50%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
3.50%
New car loan rate
Compared to 4.0% nationally
3.75%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
Back to Top
5.00%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.00%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
Everman Parkway Credit Union
Location
Fort Worth, Texas
Members
678
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
9.90%
Read More
Midwestern State University Credit Union
Location
Wichita Falls, Texas
Members
875
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
13.00%
Read More
Member Preferred Credit Union
Location
Fort Worth, Texas
Members
1255
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
American Baptist Association Credit Union
Location
Alvin, Texas
Members
392
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Thd-6 Credit Union
Location
Odessa, Texas
Members
576
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Union Pacific Employees Credit Union
Location
Beaumont, Texas
Members
588
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More