General Electric Employees Credit Union Milford CT | Best Auto Loans & Business Banking

Introduction

Welcome to General Electric Employees, your trusted credit union nestled in the heart of Milford, CT. Located at 265 Sub Way, we have been serving our community since 1940 with a commitment to providing personalized financial solutions that meet the unique needs of our members. With a growing membership of over 26,000 individuals and families, we pride ourselves on being more than just a financial institution; we are a supportive partner in your financial journey. At General Electric Employees, our total assets stand at an impressive $267,627,283, ensuring that we have the resources to help you achieve your financial goals. We offer a variety of services, including checking and savings accounts, auto loans, mortgage refinancing, and business banking options. Our dedication to our members is reflected in our total deposits of $22,211,185 and a strong net worth of $26,558,092. This solid foundation allows us to provide competitive rates and exceptional service. While members can visit us at 265 Sub Way, official correspondence should be sent to the same address as our mailing address is identical. If you ever have questions or need assistance, don't hesitate to reach out by phone at 203-783-1103. Our friendly team is here to help during lobby hours from 9:00 AM to 4:00 PM, Monday through Friday. Led by our CEO, Christopher Moran, and Board President William Ryan, our dedicated staff of 56 employees works tirelessly to ensure that you receive the best possible service. We believe in fostering strong relationships within the community and are proud to support local initiatives that uplift our neighbors. Join us today and experience the difference that a member-focused credit union can make in your life. Visit our website at General Electric Employees for more information about our services or how to become a member. Together, let's build a brighter financial future!

Branch History & Mission

Join Us

As we look towards the future, General Electric Employees remains committed to innovation and growth while staying true to our roots in community service. We invite you to join us on this journey become part of a credit union where your membership means more than just banking; it means being part of a family dedicated to supporting one another. Explore all the benefits we offer and see how we can help you achieve your financial dreams. Visit us online or stop by today!

Our Journey

Located at 265 Sub Way, Milford, CT 06461, our branch is situated in a vibrant community surrounded by local landmarks and accessible amenities. As we grew, so did our dedication to offering a range of products tailored to meet the needs of our members. Today, with total assets exceeding $267 million, we have solidified our status as a trusted financial partner for families and businesses alike. From personal banking options such as checking and savings accounts to auto loans, mortgages, and business banking services, we strive to provide solutions that empower our members financially. Our commitment extends beyond banking; we actively engage in community outreach efforts and partnerships that enrich the lives of those around us.

Our Mission

The mission of General Electric Employees is clear: to enhance the financial well-being of our members while making a positive impact on our community. We believe in providing not just services but also support helping individuals achieve their financial goals through education and personalized service. Whether it's through online banking or mobile payments, we are dedicated to offering accessible solutions that fit today's lifestyles. While members can visit us at 265 Sub Way for all their banking needs, official correspondence should be sent to our mailing address at 265 Sub Way, Milford, CT 06461-3048. Our operating hours are Monday through Friday from 9:00 AM to 4:00 PM, ensuring that we're available when you need us most. With ATM availability at our location and a team ready to assist you via phone at 203-783-1103, we make banking easy and convenient.

Branch Location & Accessibility

Accessibility Features

At our branch, we prioritize accessibility for all our members. The building is equipped with ADA-compliant features and ramps, ensuring everyone can easily navigate our space. Ample parking is available right outside the entrance, allowing for a hassle-free visit.

Connect With Us

If you have questions or need assistance before your visit, feel free to give us a call at 203-783-1103. Our team is eager to help you explore how we can support your financial journey. We invite you to stop by the General Electric Employees branch today! Your financial goals are important to us, and we're excited to help you achieve them.

Operating Hours and Services

We know your time is valuable. That's why we are open Monday through Friday from 9:00 AM to 4:00 PM, making it convenient for you to fit us into your schedule. While we do not have drive-thru service available, our friendly staff is always ready to assist you inside. Our branch offers a range of services tailored to meet your financial needs, including personal banking options such as checking and savings accounts, auto loans, mortgage loans and refinancing, credit cards with rewards, and business banking services. Plus, with an ATM on-site, you can quickly access your funds whenever you need them.

Member Eligibility

Joining the General Electric Employees Credit Union is like stepping into a close-knit community where your financial well-being is our top priority. If you're connected to General Electric whether as an employee, a retiree, or a family member you're likely eligible for membership! We strive to make banking accessible and beneficial for our members, offering a range of services designed with you in mind. The process of becoming a member at our branch located at 265 Sub Way, Milford, CT 06461 is straightforward and welcoming. To learn more about the specific eligibility criteria and see if you qualify, visit us at this link. If you have any questions or need assistance, feel free to reach out at 203-783-1103. We're excited to help you on your journey to financial success!

Business Banking & Commercial Services

Merchant Services That Make a Difference

In addition to our loan offerings, we provide essential merchant services designed to streamline your operations. Imagine being able to process payments quickly and securely while managing your cash flow effectively. Our services help you accept payments from customers seamlessly, allowing you to focus on what matters most growing your business. Whether you're a start-up or an established company, General Electric Employees is here to partner with you every step of the way. For more information, feel free to call us at (203) 783-1103. Let's take your business further together!

Supporting Business Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $17 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $3 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $9,108,178, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Made Easy

For our business members, we provide specialized services such as merchant services and business loans. These tools are designed to support your company's growth while making everyday transactions simpler.

Community Support

As part of our commitment to serving the community of Milford and beyond, we strive to make all banking experiences straightforward and accessible. If you have any questions or need assistance navigating our services, don't hesitate to call us at 203-783-1103 during our operating hours from 9:00 AM to 4:00 PM on weekdays. At General Electric Employees, we're more than just a credit union; we're your trusted partner in achieving financial success. Explore all that we have to offer by visiting us online at myGECreditUnion.com. We look forward to supporting your financial needs!

Digital Banking Convenience

In today's fast-paced world, having access to your finances at your fingertips is crucial. That's why we proudly offer comprehensive online and mobile banking solutions. Whether you're checking balances, transferring funds, or making payments on the go, our platforms ensure that banking is not just convenient but also secure. Plus, with our ATM and cash withdrawal services, accessing cash has never been easier just find an ATM near you!

Loans Tailored for You

Financial challenges can arise unexpectedly, which is why we offer personal loans and debt consolidation options. These services can provide you with the funds you need while helping you manage your existing debts more effectively. Additionally, if you're looking to make purchases or build credit, our credit cards with rewards give you great benefits every time you spend.

Personal Banking Solutions

We understand that managing your finances is essential for achieving your goals. Our personal banking services include checking and savings accounts that come with flexible features and competitive rates. If you're in the market for a new vehicle or want to refinance an existing one, our auto loans and vehicle financing options can help you secure the best deal possible. And if you're planning to buy a home, our mortgage loans and refinancing services are designed to assist you every step of the way.

Digital & Online Banking

Accessibility & Ease of Use

Whether you're making mobile payments or checking your account from home, our digital tools are designed to be intuitive and accessible for everyone. Need to review last month's statement? Just log in! Want to send money instantly? Use our person-to-person transfer option! We believe that banking should adapt to your lifestyle, not the other way around. So, whether you're at work, home, or on the go, General Electric Employees has the tools you need for real-time account management. Join us today and experience how easy banking can be!

Key Features

With just a few clicks at https://www.mygecreditunion.com/en-US/ , you can view your account balances, pay bills, and transfer money between accounts. Our user-friendly mobile application takes convenience a step further, allowing you to manage your finances right from your smartphone. Plus, with features like person-to-person transfers, sending money to friends or family is quick and easy no need for cash or checks! Security is a top priority for us. You can rest assured knowing that our electronic signature authorization feature provides an extra layer of protection when signing documents online. We also offer e-statements, so you can keep track of your transactions without worrying about paper clutter.

Financial Strength

Commitment to Innovation

With $21,690,866 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $1,305 in used auto loans and $154,171,095 in total loans and leases.

Growing Together

Total Share and Deposit Accounts: 41,928, show a strong and growing member base that trusts us with their finances. Our net shares (funds available for lending and investments) stand at $0, reinforcing our commitment to support your financial journey. In summary, our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, General Electric Employees is your trusted partner. Visit us at 265 Sub Way Milford Ct 06461 or call (203) 783-1103 to learn more about how we can help you achieve your financial goals.

Member Savings

Members' savings are secured through $42,725,083 in share certificates and $39,832,649 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 46 full-time employees and 10 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Our Financial Health

With a net worth of $26,558,092, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $991 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Additional Financing Options

In addition to our main offerings, we also provide credit lines totaling $27,136,025 for those who need extra flexibility in their finances. If you're a business owner looking for growth opportunities, our outstanding commercial loans totaling $9,108,178 provide the capital needed to expand your operations. If you're interested in refinancing or checking eligibility for any of our products, we encourage you to reach out! You can contact us at 203-783-1103 during our operating hours from 9:00 AM - 4:00 PM Monday through Friday. For more information on how to apply for any of these loan products or to learn more about membership eligibility requirements, please visit our website or check out our eligibility page. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Explore your options today and see how General Electric Employees can support your financial journey!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $20,766,077 in used vehicle loans and $23,466,707 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates to make your car-buying experience as smooth as possible.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $43,303,608, make buying or refinancing simple. We offer guidance through every step of the process to ensure you find the right loan that fits your budget and lifestyle.

Unsecured Credit Card Loans

Managing day-to-day expenses can be challenging. That's why we also offer flexible terms on unsecured credit card loans, with a total of $5,410,393 in loans helping members manage their finances effectively. Our credit cards come with rewards and no annual fees to give you added value.

Loan Aggregator

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Ensuring Accurate Loan Comparisons

LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This commitment to transparency means users can trust that they are receiving fair offers that reflect current market conditions.

GENERAL ELECTRIC EMPLOYEES FEDERAL CREDIT UNION