Gas And Electric Credit Union

Headquarters

2300 4th Ave
Rock Island, IL 61201
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 5.55% →
1-Year CD 0.75% 5.38% →
2-Year CD 0.90% 4.95% →
5-Year CD N.A. 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Gas And Electric is an NCUA insured institution located in Rock Island, IL. It was founded in 1935 and has approximately $116.47 millions in assets.

NCUA Insured Yes / State-Chartered
Charter Number # # 65003
Date Established 1935
Assets $116.47 million
Loans $78.02 million
Deposits $106.24 million
Capital $11.90 million
 

Field of Membership Restrictions

Membership in Gas And Electric Credit Union is open to employees of Peoples Power Company, the City of Rock Island, MidAmerican Energy, BITCO Insurance, Rock Island Corps of Engineers, Illinois Casualty Company, and Thomas Hammar, CPA.

Deposit Rates - July 13, 2024

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
Money Market
0.40% $10,000 $24,999 Learn More
Money Market
0.50% $25,000 $99,999 Learn More
Money Market
0.65% $100,000 - Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.75% $10,000 $14,999 Learn More
12 Mo CD
0.75% $100,000 $199,999 Learn More
18 Mo CD
0.85% $10,000 $14,999 Learn More
18 Mo CD
0.85% $100,000 $199,999 Learn More
24 Mo CD
0.90% $10,000 $14,999 Learn More
24 Mo CD
0.90% $100,000 $199,999 Learn More
30 Mo CD
0.90% $10,000 $14,999 Learn More
30 Mo CD
0.90% $100,000 $199,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.05% $10,000 $14,999 Learn More
48 Mo CD
1.05% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.25% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $1 $99 Learn MoreShow Less
Int Ckg
0.25% $2,500 $3,499 Learn MoreShow Less
Checking Rates APY MIN FEE
Green2 Checking 3.00% $0 $0.00 Learn MoreShow Less

Loan Rates - July 13, 2024

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Gas And Electric

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



Featured - Virginia 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
PenFed Credit Union
NMLS ID: 401822
6.541% 6.375% 0.75 $5,603 $1,997 Learn More
New American Funding, LLC.
NMLS ID: 6606
6.580% 6.490% 1.00 $3,002 $2,021 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.616% 6.500% 1.00 $3,855 $2,023 Learn More
PADDIO
NMLS ID: 1907
6.812% 6.625% 1.00 $6,202 $2,049 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.990 %
$0 Learn More
More Info

Note to Gas And Electric
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Gas And Electric 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:
Ashburn,Virginia


Gas And Electric Locations



Climate Policy and Initiatives

GAS AND ELECTRIC is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


Add Your Review


or use your BestCashCow account

or

Financial Details

Gas And Electric Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Gas And Electric. 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
Gas And Electric U.S. Average
3.99% 6.97

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 December 31, 2023, Gas And Electric had $484,165 in non-current loans and $15,500 in owned assets. To cover these potential losses it had $11,899,584 in net worth and $617,970 in loans loss reserves. That gives it a Texas Ratio of 3.99%.

Net Worth
Gas And Electric U.S. Average
10.21% 13.62%

Gas And Electric FCU has a net worth of 10.21% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Gas And Electric

There are currently no comments for GAS AND ELECTRIC. Be the first to share your experience. Please provide comments that will help others.


Add Your Review


or use your BestCashCow account

or