Gulf Coast Federal Credit Union

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A short history of Gulf Coast FCU

Since its inception in 1951 the Gulf Coast Federal Credit Union has been serving its members in the MOBILE, Alabama area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by David Lenoir, the Gulf Coast FCU has grown its membership to over 4,995 with assets of more than $34,641,601. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (251) 438-7464 or email them at info@gcfcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MOBILE, AL.

General Information For Gulf Coast FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 7520
Address 1001 SPRINGHILL AVE 
City MOBILE 
State Alabama 
Zip-Code 36604
Phone Number (251) 438-7464
Fax Number (251) 438-2796
Email Address: info@gcfcu.com
CEO/President David Lenoir
Members 4,995 
Full-Time Employees 13 
Part-Time Employees
Number of Branch Offices
Total Assets 34,641,601 
Website http://www.gulfcoastfcu.org 

Compare Gulf Coast Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Progressive CU Progressive Federal Credit Union 1065 Spring Hill Ave 36604 (251) 338-2092 No 0.61
The Infirmary CU Mobile Infirmary Boulevard 130 Mobile Infirmary Blvd 36652 (251) 435-5900 No 1.03
Mobile Government Emp. CU MOBILE GOVG EMP. CU 109 Saint Joseph St 36628 (251) 694-4100 No 1.59
Blue Flame CU Main 2828 Dauphin St 36652 (251) 450-4804 No 2.50
Mobile Educators CU SARALAND 12 SARALAND BLVD N 36571 (251) 675-3301 No 3.10

Gulf Coast Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Gulf Coast Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.90 5.50 5.50 7.56 6.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 449 384 459 341
Rank Among All Alabama Credit Unions 15 52 39 47 34

Gulf Coast Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.10 0.40 1.01 0.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 129 76 170 227
Rank Among All Alabama Credit Unions 13 23 9 16 23
Gulf Coast Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.900570398,511
All Other Unsecured Loans/Lines of Credit 11.7606381,604,526
Short-Term, Small Amount Loans (STS) (Federal CU Only) 19.000157,726
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.500571,023,181
Used Vehicle Loans 5.5005126,047,366
Total 1st Mortgage Real Estate Loans/Lines of Credit 7.560983,648,025
Total Other Real Estate Loans/Lines of Credit 6.00030785,808
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.75097771,213
TOTAL LOANS & LEASES 2,01714,286,356

Gulf Coast Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 983,648,02513632,800
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 10146,589388,550
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 20639,219834,849
Open-End Fixed Rate 0000
TOTALS 1284,433,83324756,199

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Gulf Coast Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes