Gulf Credit Union

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A short history of Gulf CU

Since its inception in 1941 the Gulf Credit Union has been serving its members in the GROVES, Texas 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 Ron Burkhalter, the Gulf CU has grown its membership to over 26,921 with assets of more than $248,799,306. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (409) 963-1191 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in GROVES, TX.

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

Charter Number 60205
Address 5140 W PARKWAY ST 
State Texas 
Zip-Code 77619
Phone Number (409) 963-1191
Fax Number (409) 962-3584
Email Address:
CEO/President Ron Burkhalter
Members 26,921 
Full-Time Employees 88 
Part-Time Employees
Number of Branch Offices
Total Assets 248,799,306 

Compare Gulf Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Golden Triangle CU Main Office 5211 E Parkway St 77619 (409) 962-3434 No 0.90
Neches CU Administration Office 776 Magnolia Ave 77651 (409) 722-1174 No 2.77
Mct CU Bridge City Branch 4837 Highway 87 S 77651 (409) 735-8777 No 3.41
Port Arthur Teachers CU PORT ARTHUR TEACHERS FCU 3001 JIMMY JOHNSON BLVD 77642 (409) 729-3075 No 3.73
Port Arthur Community CU Port Arthur Community FCU 3100 Central Mall Dr 77642 (409) 729-7938 No 4.05

Gulf Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Gulf 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 N/A 3.54 5.79 6.47 3.99
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 214 420 410 99
Rank Among All Texas Credit Unions N/A 79 142 118 14

Gulf Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.15 0.25 0.55 0.90 0.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 108 95 55 190 266
Rank Among All Texas Credit Unions 26 34 9 59 70
Gulf Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 9.3103,98421,328,446
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.5401,30629,572,072
Used Vehicle Loans 5.7902,31535,543,941
Total 1st Mortgage Real Estate Loans/Lines of Credit 6.47049639,845,817
Total Other Real Estate Loans/Lines of Credit 3.99015450,184
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.0301,03613,450,320
TOTAL LOANS & LEASES 9,152140,190,780

Gulf Credit Union Real Estate Loans and Lines of Credit


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 13915,061,55010178,000
    b. 15 Years or less 31414,604,415261,056,351
    a. > 15 years 41,031,46700
    b. 15 Years or less 399,148,38552,152,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 15450,184150,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 51140,296,001423,436,351


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

Gulf Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
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 No
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes