GTE Financial Review 2022
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Our articles, interactive tools, and hypothetical examples contain information to help you conduct research but are not intended to serve as investment advice, and we cannot guarantee that this information is applicable or accurate to your personal circumstances. Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional.
Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
GTE Financial has a special Early Savers account for kids under age 17 with no balance requirements or monthly fees.
Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. .
Advertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.Our articles, interactive tools, and hypothetical examples contain information to help you conduct research but are not intended to serve as investment advice, and we cannot guarantee that this information is applicable or accurate to your personal circumstances. Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional.
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The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.Editorial disclosure
All reviews are prepared by our staff. Opinions expressed are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including any rates, terms and fees associated with financial products, presented in the review is accurate as of the date of publication. GTE FinancialGTE Financial Review 2022
Libby Wells covers banking and deposit products. She has more than 30 years’ experience as a writer and editor for newspapers, magazines and online publications. Updated November 10, 2022 Bankrate logoThe Bankrate promise
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At a glance
3.3 Bankrate Score CDs Checking Savings MMA About Bankrate Score Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.Overview
GTE Financial, is a Florida-based not-for-profit financial cooperative that offers a mix of digital and brick-and-mortar banking with fairly low fees that are usually easy to avoid. It’s best suited for those living in the Tampa Bay area.Highlights
Low Fees Compare offers Advertiser DisclosureAdvertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
How We Make Money
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. Member FDIC Savings Account 3.00 % APY Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Min. balance for APY Offer detailsCapital One
Member FDIC Savings Account Details 3.00 % APY Min balance for APY It only takes about 5 minutes to open a fee-free account. Member FDIC Savings Account 3.00 % APY Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Min. balance for APY Offer detailsCapital One
Member FDIC Savings Account Details 3.00 % APY Min balance for APY It only takes about 5 minutes to open a fee-free account. Member FDIC Savings Account 3.83 % APY Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Min. balance for APY Offer detailsUFB Direct
Member FDIC Savings Account Details 3.83 % APY Min balance for APY Earn up to 3.83% APY* with no maintenance fees or service fees.Overall
GTE is a full-service credit union offering checking, savings and money market accounts, CDs, IRAs and a host of other products and services. It offers a highly rated mobile app and bill pay to members, along with more than 20 branch locations and an extensive ATM network.Pros
Most accounts have low minimum deposit requirements. Account holders have access to more than 30,000 fee-free ATMs. Numerous banking products are offered, especially when it comes to checking account choices. GTE Financial offers solid digital features, including a highly rated mobile app.Cons
The nonsufficient funds fee is $35, higher than the national average. Yields at other top credit unions tend to be higher.GTE Financial bank products
Savings CD Money Market Checking 2.7 Bankrate ScoreGTE Financial savings overview
It takes just $5 to become a member of GTE Financial. Savings accounts start earning dividends on balances of $100 or more. There’s a $7 monthly service fee unless a "relationship" balance across GTE accounts of $500 is maintained. The fee is waived for customers under age 22 or over 65.GTE Financial has a special Early Savers account for kids under age 17 with no balance requirements or monthly fees.
Pros
Just $5 is needed to open an account. The Early Savers account has no monthly fees or balance requirements.Cons
The monthly fee of $7 is a drawback, but it can be waived by meeting certain criteria. The APY for savings accounts is below the national average. Compare Offer Advertiser DisclosureAdvertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
How We Make Money
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. Member FDIC Savings Account 3.00 % APY Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Min balance for APY Offer details Offer detailsCapital One
Member FDIC Savings Account Details 3.00 % APY Min balance for APY It only takes about 5 minutes to open a fee-free account. 2.8 Bankrate ScoreGTE Financial CD overview
GTE's CDs, called "share certificates," come in nine terms ranging from six months to five years. They can also be issued as traditional IRA or Roth IRA certificates, Coverdell ESA certificates and SEP certificates. Dividends are compounded on a monthly basis.Pros
A wide variety of term lengths are available. The minimum deposit is only $500 to open an account.Cons
Rates are slightly below the national average. Withdrawals cannot be made within the first 60 days of the account being opened. Compare Offer Advertiser DisclosureAdvertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
How We Make Money
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. Member FDIC CD 4.10 % APY Info Bankrate CD rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Min. deposit Term Offer details Offer detailsCapital One
Member FDIC CD Details 4.10 % APY Min. deposit Term Get peace of mind with fixed rates and guaranteed returns. 2.4 Bankrate ScoreGTE Financial money market overview
A GTE Financial money market account earns less than the national average for savings accounts and a $10,000 minimum balance is required to earn any interest. Like all deposits at the credit union, the money market account is federally insured up to $250,000. The basic money market account allows writing up to six checks a month.There is also a business money market account available.Pros
Up to six checks a month can be written on the money market account. There’s an option to open a business money market account.Cons
Balances of less than $10,000 don’t pay any dividends. Other banks and credit unions offer better yields on money market accounts. 3.6 Bankrate ScoreGTE Financial checking overview
Pros
GTE offers a selection of checking accounts to meet different needs. Go Full Access Checking requires just $5 to open. Go Full Access comes with online, mobile and telephone banking, as well as branch banking for those in the Tampa Bay area. The Go Premium with GTE Secure account pays a solid dividend rate on the first $3,000 in deposits.Cons
Overdraft fees are a steep $35 each. There is a $4.95 monthly fee on Go Full Access Checking unless certain requirements are met. A $3 fee applies for using an out-of-network ATM. Compare Offer Advertiser DisclosureAdvertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
How We Make Money
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. Member FDIC Checking Account 2.50 % APY Info Bankrate Checking rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. To open To avoid fees Offer details Offer detailsSoFi
Member FDIC Checking Account Details 2.50 % APY To open To avoid feesBank experience
With 23 branches, GTE Financial is a worthwhile choice for consumers in the Tampa Bay area. There’s also access to 30,000 ATMs nationwide. Customer service can reached by phone seven days a week from 7 a.m. to 8 p.m. Eastern time. Live chat is also available on the credit union’s website. The mobile app gets glowing reviews from Google Play and the Apple App stores. Applications to open a new account can be done online, but it can be difficult to find all the details on the GTE website, so a call to customer service may be necessary to get all your questions answered.About GTE Financial
GTE Federal Credit Union, doing business as GTE Financial, is a well-established, full-service credit union serving individual members and businesses in Florida’s Tampa Bay area. It was founded in 1935 during the Great Depression. It offers a choice of checking and savings accounts, including options for children and students. Deposits at GTE are insured by the National Credit Union Administration (NCUA).Review methodology
With so many financial institutions to choose from, it can be hard to know who to trust. Bankrate’s ever-growing list of bank and credit union reviews is updated regularly. Our editorial team analyzes and reviews each institution across deposit products such as savings accounts, checking accounts, certificates of deposit (CDs) and money market accounts (MMAs). Banks are rated by important factors such as offered interest rates, fees, minimum balance requirements, access to funds and more.We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. .