General Credit Union was founded on April 25,
1960 by employees of General Telephone Company. The
credit union started in the traditional way - eight
employees of GTE offices located on Berry Street pooled
$40. The GTE Credit Union office consisted of a shoe box
in a desk drawer. In 1966, the office was moved to the
corner of Fourth and Harrison, then to 2311 N. Clinton in
1969. In 1978, a new facility was started at 1016
Memorial Way. The newest office at 6601 Mutual Drive
opened in 1994.
In 1981, deregulation allowed the
expansion of the charter to be extended to other small
employee groups. Comcast Cablevision was the first
affiliate group to join. Now, 40 small employee groups
are active members of the credit union.
In the early eighties, a branch location was opened at
the Pyramids in Indianapolis to serve members of GTE in
that area. In 1984 the branch moved to Carmel, then, in
1987, to Westfield.
In 1988, Milk Marketing Credit Union was merged into
our credit union. In 1995, a satellite office opened in
Dallas/Fort Worth, Texas, to serve members in that area.
In the late 80's, GFCU added automated teller machine
access, first just locally, then nationwide through
affiliation with the CIRRUS/PLUS network. Mortgage loans
and a new leasing company were additional services
introduced during these years.
In July, 1996, General Credit Union became a
partner in Credit Union Service Centers of Fort Wayne
(CUCFW). The new Wayne Plaza Service Center is located at
5909 Bluffton Rd. It was the ninth service center to open
in Indiana. Members from all participating credit unions
can conduct transactions at any Service Center located in
Indiana. Service Centers are designed to provide a
maximum of service to members with low overhead costs for
the credit unions.
With a variety of savings options, checking accounts,
share certificates, direct deposit, payroll deductions,
M.A.R.S. audio response, ATM machines, Visa credit cards,
toll free phone numbers, 24-hour Loanringer Line,
Member's Mortgage, and Key Financial Group, your
full-service credit union offers a complete line of
financial services to meet your needs.