Unrivaled Financial Empowerment: Your Global Federal Credit Union

What is a Global Federal Credit Union?

Global Federal Credit Union is the world's largest federal credit union, with over $36 billion in assets and 3 million members. Founded in 1934 as an association for federal employees, Global Federal Credit Union now offers a full range of financial products and services to anyone who lives, works, worships, or attends school in its field of membership, which includes Washington, D.C., and surrounding counties in Maryland and Virginia.

As a member-owned cooperative, Global Federal Credit Union is committed to providing its members with the best possible financial products and services at the lowest possible cost. Global Federal Credit Union offers a variety of benefits to its members, including competitive rates on loans and deposits, free online and mobile banking, and access to a network of over 30,000 ATMs.

Global Federal Credit Union

Global Federal Credit Union, the world's largest federal credit union, offers a wide range of financial products and services to its members. With over $36 billion in assets and 3 million members, Global Federal Credit Union is committed to providing its members with the best possible financial products and services at the lowest possible cost.

• Member-owned cooperative: Global Federal Credit Union is owned by its members, which means that the profits are returned to the members in the form of lower interest rates on loans and higher interest rates on deposits.
• Not-for-profit: Global Federal Credit Union is a not-for-profit organization, which means that it does not have to pay taxes. This allows Global Federal Credit Union to pass on the savings to its members in the form of lower fees and higher interest rates.
• Community-focused: Global Federal Credit Union is committed to giving back to the community. The credit union supports a variety of local charities and organizations, and it also provides financial education to its members and the community.
• Safe and secure: Global Federal Credit Union is a safe and secure place to save and borrow money. The credit union is regulated by the National Credit Union Administration (NCUA), which is a federal agency that insures deposits up to $250,000.
• Convenient: Global Federal Credit Union offers a variety of convenient services to its members, including online and mobile banking, a network of over 30,000 ATMs, and a 24/7 call center.
• Award-winning: Global Federal Credit Union has been recognized for its exceptional service and value. The credit union has been named one of the "Best Credit Unions in America" by Forbes magazine for several years in a row.

These six key aspects make Global Federal Credit Union a great choice for anyone who is looking for a safe, secure, and convenient place to save and borrow money.

Member-owned cooperative

As a member-owned cooperative, Global Federal Credit Union is committed to providing its members with the best possible financial products and services at the lowest possible cost. This means that the credit union's profits are returned to its members in the form of lower interest rates on loans and higher interest rates on deposits.

This is a significant benefit for members, as it can save them money on their monthly loan payments and earn them more money on their savings. For example, a member who takes out a $10,000 loan at 5% interest will pay $500 in interest over the life of the loan. However, if the member takes out the same loan at Global Federal Credit Union at 4% interest, they will only pay $400 in interest, saving them $100.

Similarly, a member who deposits $10,000 into a savings account at 1% interest will earn $100 in interest over the year. However, if the member deposits the same amount of money into a savings account at Global Federal Credit Union at 2% interest, they will earn $200 in interest, earning them an extra $100.

These are just a few examples of how the member-owned cooperative structure of Global Federal Credit Union benefits its members. By returning profits to its members, Global Federal Credit Union is able to provide its members with the best possible financial products and services at the lowest possible cost.

Not-for-profit

As a not-for-profit organization, Global Federal Credit Union is not motivated by profit. This means that the credit union can focus on providing its members with the best possible financial products and services at the lowest possible cost.

• Lower fees: Global Federal Credit Union can pass on the savings from not having to pay taxes to its members in the form of lower fees. For example, Global Federal Credit Union charges a $5 monthly maintenance fee on its basic checking account, while many other banks charge $10 or more per month.
• Higher interest rates: Global Federal Credit Union can also pass on the savings from not having to pay taxes to its members in the form of higher interest rates on deposits. For example, Global Federal Credit Union offers a 2.00% APY on its high-yield savings account, while many other banks offer less than 1.00% APY.
• More financial products and services: Global Federal Credit Union can use the savings from not having to pay taxes to offer a wider range of financial products and services to its members. For example, Global Federal Credit Union offers a variety of loans, including auto loans, personal loans, and home loans. The credit union also offers a variety of investment products, including CDs, IRAs, and mutual funds.
• Community involvement: Global Federal Credit Union can use the savings from not having to pay taxes to support the community. For example, the credit union provides financial education to its members and the community, and it also supports a variety of local charities and organizations.

By being a not-for-profit organization, Global Federal Credit Union is able to provide its members with a number of benefits, including lower fees, higher interest rates, and a wider range of financial products and services. The credit union's commitment to its members is evident in its mission statement: "To provide our members with the best possible financial products and services at the lowest possible cost."

Community-focused

Global Federal Credit Union is committed to giving back to the community it serves. The credit union supports a variety of local charities and organizations, and it also provides financial education to its members and the community.

• Financial support: Global Federal Credit Union provides financial support to a variety of local charities and organizations. For example, the credit union supports the United Way, the American Red Cross, and the local food bank. The credit union also provides financial support to local schools and libraries.
• Volunteerism: Global Federal Credit Union employees volunteer their time to a variety of local charities and organizations. For example, employees volunteer at the local soup kitchen, the homeless shelter, and the animal shelter. Employees also volunteer their time to help with financial education programs at local schools and libraries.
• Financial education: Global Federal Credit Union provides financial education to its members and the community. The credit union offers a variety of financial education programs, including workshops, seminars, and online resources. The credit union also provides financial counseling to its members and the community.

By giving back to the community, Global Federal Credit Union is helping to create a stronger and more vibrant community for everyone. The credit union's commitment to community involvement is evident in its mission statement: "To provide our members with the best possible financial products and services at the lowest possible cost, while also giving back to the community we serve."

Safe and secure

Global Federal Credit Union is a safe and secure place to save and borrow money. The credit union is regulated by the National Credit Union Administration (NCUA), which is a federal agency that insures deposits up to $250,000. This means that your money is protected if the credit union fails.

In addition to being insured by the NCUA, Global Federal Credit Union also uses a variety of other security measures to protect your money. These measures include:

• Encryption: All of your personal and financial information is encrypted when it is transmitted to and from the credit union.
• Firewalls: The credit union uses firewalls to protect its computer systems from unauthorized access.
• Intrusion detection systems: The credit union uses intrusion detection systems to monitor its computer systems for suspicious activity.
• Security cameras: The credit union uses security cameras to monitor its branches and ATMs.

These security measures help to ensure that your money is safe and secure at Global Federal Credit Union. You can rest assured that your money is in good hands.

The importance of "Safe and secure: Global Federal Credit Union is a safe and secure place to save and borrow money. The credit union is regulated by the National Credit Union Administration (NCUA), which is a federal agency that insures deposits up to $250,000." as a component of "global federal credit union" cannot be overstated. In today's world, it is more important than ever to keep your money safe and secure. Global Federal Credit Union provides a safe and secure place to save and borrow money. Your money is protected by the NCUA, and the credit union uses a variety of other security measures to protect your money.

If you are looking for a safe and secure place to save and borrow money, Global Federal Credit Union is a great option. You can rest assured that your money will be safe and secure.

Convenient

Global Federal Credit Union is committed to providing its members with the best possible financial products and services at the lowest possible cost. This commitment to convenience is evident in the wide range of convenient services that the credit union offers to its members.

• Online and mobile banking: Global Federal Credit Union offers a variety of online and mobile banking services that make it easy for members to manage their finances from anywhere, at any time. Members can check their account balances, view transactions, transfer money, and pay bills online or through the credit union's mobile app.
• Network of over 30,000 ATMs: Global Federal Credit Union has a network of over 30,000 ATMs nationwide. This means that members can easily find an ATM to withdraw cash or make deposits, even when they are away from home.
• 24/7 call center: Global Federal Credit Union's 24/7 call center is available to assist members with any questions or problems they may have. Members can call the call center to speak to a live representative at any time, day or night.
• Extended hours: Many Global Federal Credit Union branches are open extended hours, including evenings and weekends. This makes it convenient for members to visit a branch to conduct their banking business.

These convenient services make it easy for Global Federal Credit Union members to manage their finances and access their money when they need it. This is a valuable benefit for members, as it can save them time and money.

Award-winning

Global Federal Credit Union's commitment to providing its members with the best possible financial products and services at the lowest possible cost has been recognized by Forbes magazine, which has named the credit union one of the "Best Credit Unions in America" for several years in a row.

This award is a testament to the credit union's exceptional service and value. Global Federal Credit Union offers a wide range of financial products and services to its members, including checking and savings accounts, loans, and investment products. The credit union also offers a variety of convenient services, such as online and mobile banking, a network of over 30,000 ATMs, and a 24/7 call center.

Global Federal Credit Union's commitment to its members is evident in its mission statement: "To provide our members with the best possible financial products and services at the lowest possible cost." This commitment has led to the credit union being recognized as one of the best credit unions in the country.

If you are looking for a safe and secure place to save and borrow money, Global Federal Credit Union is a great option. The credit union offers a wide range of financial products and services, convenient services, and a commitment to its members. You can rest assured that you will be well-served by Global Federal Credit Union.

Frequently Asked Questions about Global Federal Credit Union

Global Federal Credit Union is the world's largest federal credit union, with over $36 billion in assets and 3 million members. Founded in 1934 as an association for federal employees, Global Federal Credit Union now offers a full range of financial products and services to anyone who lives, works, worships, or attends school in its field of membership, which includes Washington, D.C., and surrounding counties in Maryland and Virginia.

Question 1: What are the benefits of joining Global Federal Credit Union?

Answer: There are many benefits to joining Global Federal Credit Union, including:

• Competitive rates on loans and deposits
• Free online and mobile banking
• Access to a network of over 30,000 ATMs
• Member-owned cooperative, which means that the profits are returned to the members
• Not-for-profit, which means that the credit union does not have to pay taxes and can pass on the savings to its members
• Community-focused, which means that the credit union supports a variety of local charities and organizations
• Safe and secure, which means that the credit union is regulated by the National Credit Union Administration (NCUA) and deposits are insured up to $250,000
• Convenient, which means that the credit union offers a variety of convenient services, such as online and mobile banking, a network of over 30,000 ATMs, and a 24/7 call center
• Award-winning, which means that the credit union has been recognized for its exceptional service and value by Forbes magazine

Question 2: How do I join Global Federal Credit Union?

Answer: You can join Global Federal Credit Union if you live, work, worship, or attend school in the credit union's field of membership, which includes Washington, D.C., and surrounding counties in Maryland and Virginia. You can join online, by phone, or by visiting a branch.

Summary: Global Federal Credit Union is a safe and secure place to save and borrow money. The credit union offers a wide range of financial products and services, convenient services, and a commitment to its members. If you are looking for a great place to bank, Global Federal Credit Union is a great option.

Conclusion

Global Federal Credit Union is the world's largest federal credit union, with over $36 billion in assets and 3 million members. The credit union offers a wide range of financial products and services to its members, including checking and savings accounts, loans, and investment products. Global Federal Credit Union is also committed to providing its members with the best possible service and value.

As a member-owned cooperative, Global Federal Credit Union is committed to returning profits to its members in the form of lower interest rates on loans and higher interest rates on deposits. The credit union is also not-for-profit, which means that it does not have to pay taxes and can pass on the savings to its members. Global Federal Credit Union is also committed to giving back to the community, supporting a variety of local charities and organizations.

If you are looking for a safe and secure place to save and borrow money, Global Federal Credit Union is a great option. The credit union offers a wide range of financial products and services, convenient services, and a commitment to its members. You can rest assured that you will be well-served by Global Federal Credit Union.