GALE

631 N Henderson St
Galesburg, IL 61401

Notable Rates APY Vs.Others
Savings 0.10% 2.60% →
1-Year CD 1.00% 2.30% →
2-Year CD 1.26% 2.50% →
5-Year CD 2.27% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Gale is an NCUA insured institution located in Galesburg, IL. It was founded in 1947 and has approximately $28.49 millions in assets.

NCUA Insured Yes
Charter Number # # 60327
Date Established 1947
Assets $28.49 million
Loans $12.70 million
Deposits $23.49 million
Capital $3.57 million
 

Field of Membership Restrictions

Gale Credit Union of Illinois is open to the employees of the credit union affiliated select employer groups and partner companies that are listed on the credit union website along with the family members of current credit union members.

Deposit Rates - November 16, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.25% $10,000 - Learn MoreShow Less
6 Mo CD
0.50% $10,000 - Learn MoreShow Less
12 Mo CD
1.00% $10,000 - Learn MoreShow Less
24 Mo CD
1.26% $10,000 - Learn MoreShow Less
36 Mo CD
1.76% $10,000 - Learn MoreShow Less
48 Mo CD
2.02% $10,000 - Learn MoreShow Less
60 Mo CD
2.27% $10,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.40% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $5,000 - Learn MoreShow Less

Loan Rates - November 16, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for GALE

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.535% 3.500% 0.50 $1,102 $1,123 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to GALE
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Branches

Below are Gale branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Gale Locations


Financial Details

Gale Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Gale. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Gale U.S. Average
6.28% 5.86

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2019, Gale had $248,010 in non-current loans and $0 in owned assets. To cover these potential losses it had $3,570,403 in net worth and $376,473 in loans loss reserves. That gives it a Texas Ratio of 6.28%.

Net Worth
Gale U.S. Average
12.53% 13.65%

Gale FCU has a net worth of 12.53% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Gale

Branches and Savings

What is Gale?

A federal credit union, registered with the NCUA under certificate #60327.
Learn more about credit unions here.

Is Gale FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Gale?

Please see Field of Membership information above for information on who is eligible to join.

What are Gale's share account and share certificate rates?

Gale's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Gale?

Gale has total capital of $3.57 million. Full information on Gale's financial position is located above.

Who owns Gale?

Credit Unions are owned by their members.

Where are Gale branches located?

See branch locations nearby.

Are Gale ATMs Open 24/7?

Do Gale ATMs accept cash deposits?

Can Gale customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Gale have a mobile app?

Does Gale have mobile deposit?

Does Gale have quick pay?

How can Gale transfer money to other banks or credit unions?

Does Gale report to credit bureaus?

Does Gale use Chexsystems?

Does Gale use Equifax?

What is Gale's toll free phone number?

What is Gale's ACH Routing Number?

What is Gale's SWIFT code?

Where can I find Gale's wire transfer form?

What is the Gale address for deposits?

What Products Does Gale Offer

Does Gale offer mortgages?

Compare mortgage rates here.

Does Gale offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Gale offer auto and RV loans?

Compare auto loan rates here.

Does Gale offer student loans or personal loans?

Compare personal loan rates here.

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