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GTE Financial Credit Union, headquartered in Tampa, Florida, is a financial institution serving northern Florida since 1935. Today, the credit union has nearly $2 billion in assets and more than 200,000 members, making it the 47th largest American credit union by assets and the 33rd largest by members. Like all credit unions, GTE Financial is member owned and not-for-profit; the financial institution is regulated by the National Credit Union Administration (NCUA). GTE Financial offers competitive mortgage rates, CDs, auto loans, and more to its members. GTE's history dates back to 1935, when employees of the Peninsular Telephone Company formed the Peninsular Telephone Employees Credit Union. The company GTE, which was later acquired by Verizon, bought Peninsular in 1958, and the credit union became GTE Federal Credit Union. In 2012, GTE rebranded itself to GTE Financial, though it is still a credit union. GTE's mission is “to be the preferred financial services provider and employer in our marketplace.” Membership is available to family members of current credit union members, employees of select companies, and individuals who live in the zip codes that GTE Financial serves. Though GTE Financial is not structured like a traditional bank, it offers the same financial products that you will find at a bank. In fact, GTE may offer an even greater selection of products in some cases, as you will see when we break down its home loan offerings. In terms of personal banking, the credit union provides credit cards, checking, savings accounts, money market accounts, IRAs, certificates of deposit (CDs, GTE calls them share certificates), and health savings accounts. In terms of loans, you can find auto loans, other vehicle loans, secured collateral and personal loans at GTE Financial. Additionally, the credit union originates home equity loans and home mortgages. Options include: Fixed-rate – 30, 20, 15, 10 year fixed; 15 year fixed for a second home or investment property Adjustable rate mortgages (ARMs) – 5/1 ARM, 5/5 ARM, 3/1 ARM for construction Refinance loans, including the Home Affordable Refinance Program (HARP) VA options This bank profile is not an endorsement or advertisement for the bank's products and services. RateZip is an independent publisher of bank information.