GALVESTON GOVERNMENT EMPLOYEES Credit Union Profile

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GALVESTON GOVERNMENT EMPLOYEES

Charter #67427 | NCUA Region 2 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (409) 908-9834

Fax:

Founding Date: N/A

Website: http://www.ggecu.com

Personnel & Operations

President: Sanderson, Barbara

Manager: Jones, Rachel

FT Employees: 2

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: M-F Lobby 9:00 to 3:00 (Loan Officer by app

Credit Union Profile Summary

GALVESTON GOVERNMENT EMPLOYEES is a FISCU Credit Union. With a total of 1,814 members [1], this institution manages approximately $7,192,234 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 10.09% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -16.80% [1].

Financial Snapshot

Total Assets [1]
$7,192,234

Total economic resources.

Total Loans [1]
$5,305,813

Total value of outstanding loans.

Total Deposits [1]
$6,465,088

Total funds deposited by members.

Members [1]
1,814

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.09%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
-0.08%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
82.07%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
-7.36%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-16.80%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-3.82%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

14041 Delaney St

La Marque, TX, 77568

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by GALVESTON GOVERNMENT EMPLOYEES (Charter #67427).

Main Office

GGECU Main Office

Type: Corporate Office

14041 Delaney St

La Marque, TX 77568

Phone: (409) 908-9834

Services: Member Services, Drive-Thru

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