GTE Financial

GTE Federal Credit Union, doing business as GTE Financial, is an American credit union headquartered in Tampa, Florida, chartered and regulated under the authority of the National Credit Union Administration (NCUA). Founded in 1935 as the Peninsular Telephone Employees Credit Union to serve employees of the Peninsular Telephone Company, it was renamed GTE Federal Credit Union in 1958 after Peninsular became part of GTE (now merged with Verizon). In August 2012, the credit union rebranded to GTE Financial to reflect its evolution into a full-service financial institution. Operating as a not-for-profit, member-owned cooperative, it follows a "people helping people" mission, offering services like savings, loans, and mobile banking, with profits returned to members rather than shareholders. As of March 31, 2018, GTE had 262,538 members. Today, it operates over 20 community financial centers across the Tampa Bay area and provides access to more than 30,000 free ATMs nationwide through the CO-OP network. While maintaining a strong local presence, GTE Financial extends membership eligibility across the United States for a one-time $10 fee through its partnership with CUSavers, balancing its Tampa Bay roots with a growing national reach.