Company Profile
Gulf Coast Educators Federal Credit Union
Company Overview
Mission
At Gulf Coast Educators FCU our tradition is to serve the financial needs of educators, and their families, in the greater Gulf Coast area. We want you to be part of that proud tradition.
Mission Statement
Maintain a secure financial institution while providing exceptional service.
Service Statement
Our Service Mission is “Building lifelong relationships, one member at a time.” This mission supports the promises we make to our members and our goal of being a premier financial services provider for all our members.
OUR PROMISE TO YOU
WE PROMISE TO:
•Treat you with respect and the highest standards of professionalism
•Take ownership of your requests
•Make it easy to do business with us
•Respond to your requests in a timely manner
•Identify your needs and recommend a solution that will improve your financial life
•Ensure the privacy of your information
•Be a trusted and accurate source for financial information
Company History
The credit union’s story began on February 25, 1948 when Federal Charter #5648 was granted to the first 11 members of Pasadena School FCU. In October 1950, the credit union began adding other school districts to its field of membership. In January 1953 the credit union hired its first full time manager which helped the credit union almost reach the $1 million asset mark by the end of the decade.
In February of 1980, the credit union changed to Gulf Coast Educators Federal Credit Union, which more accurately described the credit union’s membership. In 1983, the 2nd branch was opened and the main branch relocated to it's current location, adding Drive-In lanes, safe deposit boxes and on-site ATM. During the 90’s, the credit union added some private schools and colleges and in 1995, opened a 10 lane Drive-In.
The credit union entered the year 2000 with over 28,000 members and $135 million in assets. The credit union continued to be a leader in its field and highly rated by NCUA. With the continued guidance of the Board of Directors and the proven leadership of the Management team, the credit union pledged continue to offer innovative products and exceptional service to the membership.
In the third quarter of 2006, in conjunction with the credit union’s third location, the credit union was approved for a TIP (Trade, Industry & Profession) Charter, allowing the credit union to serve all educators within Harris, Galveston and Brazoria counties. It was important to the Board of Directors that the credit union remain a credit union for educators while maintaining our ability to compete in today’s competitive market.
By November 2013, the credit union grew to a half billion dollar financial institution. Gulf Coast Educators FCU introduced many new technologies, such as person to person transfers, online account opening, and remote deposit capture. The growth continued through out 2014, and a fourth branch was completed in west Pearland. The credit union also successfully petitioned NCUA to expand our charter to include education employees of Brazoria, Chambers, Fort Bend, Galveston, Harris, Liberty, Montgomery & Waller Counties, Texas.
In August 2016, the credit union introduced new Interactive Teller Machines (ITMs). The new innovative technology allowed for faster service and convenience for our members, and job growth for our employees. The credit Union has added two additional branches and currently building out our Mortgage and Insurance Center.
Benefits
Many company paid benefits for full-time employees. Tuition reimbursement for Business degrees. Allowance for Credit Union logo shirts. Career progression, paid training, great environment, awesome employees and the great opportunity to serve Teachers and Educators in the greater Houston Metropolitan area!