Glynn County Federal Employee Credit Union

What Glynn County Federal Employee Credit Union does

Glynn County Federal Employees Credit Union is a not-for-profit, member-owned financial cooperative chartered as a state credit union in 1953 and headquartered at 1131 Chapel Crossing Rd, Building 86, Brunswick, Georgia. Its field of membership is restricted to U.S. federal employees, active and reserve military personnel, retired military and government employees, and their family members residing in Glynn County and bordering counties, giving the institution a defined and structurally narrow customer base.

The credit union's product set centers on core deposit products (savings share accounts, share draft checking, share certificates of 90 days to 36 months, IRAs, and a Christmas Club account) and a consumer loan portfolio oriented toward vehicles (new and used, terms 36–96 months at 5.99%–6.75% APR), recreational vehicles, vacations, medical expenses, and share-secured credit. Add-on offerings include GAP and mechanical repair coverage insurance, credit life and disability protection, and notary services. Service delivery combines a single physical branch operating Monday–Friday 9:00 a.m.–3:00 p.m. with Fiserv-powered iOS and Android mobile apps, an online banking portal, Zelle peer-to-peer payments, Cirrus-network ATMs, and a 24/7 Audio Response telephone channel.

Revenue is generated primarily from interest income on the loan portfolio, dividends paid on deposits (savings 0.50% APY, checking 0.25% APY, certificates 1.00%–4.00% APY as of 1/1/2025), and a schedule of transaction and service fees including $35 overdraft/NSF, $20 stop payment, $5 monthly checking service (waivable), $20 wire transfers, and various ancillary fees. The cooperative is overseen by a voluntary Board of Directors, Supervisory Committee, and Credit Committee under a one-member-one-vote governance model, and all member deposits are federally insured by the NCUA up to $250,000.

Name

Glynn County Federal Employee Credit Union

Legal name

Glynn County Federal Employees Credit Union

Website

https://glyncofecu.org

Company type

Private

Founded year

1953

Operating status

Operating

Headcount range

1–10 employees

Short description

Glynn County Federal Employees Credit Union is a not-for-profit, member-owned credit union chartered in 1953 that provides deposit accounts, consumer loans, and digital banking services to federal employees, active and retired military, and their families in Glynn County, Georgia and bordering counties.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (522130)

akta.pro primary industry

Employer/Occupational Credit Unions (FSABAEAB)

akta.pro secondary industry

Military & Veterans Credit Unions (FSABAEAI)

Keywords

• Credit union services
• Consumer lending
• Deposit accounts
• Vehicle loans
• Retail banking

Headquarters

HQ city

Brunswick

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Others

Revenue model

1. Loan Interest Income: The credit union generates primary revenue from interest earned on loans including new/used vehicle loans, recreational vehicle loans, vacation loans, medical expense loans, and share secured loans. Rates are competitive and flexible with terms ranging from 36 to 96 months for vehicles.
2. Deposit Account Fees: Various service fees including overdraft fees ($35), NSF fees ($35), stop payment ($20), share draft monthly service ($5), wire transfers ($20-$35), money orders ($1.50), notary service ($1.50 first page, $0.50 each additional), and various account maintenance fees.
3. Share Savings and Checking Dividends: Members earn dividends on savings and checking accounts. Savings rate of 0.50% APY and Checking rate of 0.25% APY. Dividends paid quarterly on savings accounts.
4. Certificate and IRA Account Revenue: Share Certificate accounts with terms from 90 days to 36 months, with minimum deposits starting at $1,000. IRA accounts offered with no setup fees or annual charges. Rates range from 1.00% to 4.00% depending on term.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels3 records

Core offering

Glynn County Federal Employees Credit Union is a not-for-profit member-owned financial cooperative chartered in 1953 that delivers traditional retail banking products and consumer loans to federal employees, military personnel, reservists, and their families in the Glynn County, Georgia area. Core offerings include share savings, share draft (checking), share certificates, IRAs, Christmas club accounts, and consumer loans (new/used vehicle, recreational vehicle, vacation, medical, and share-secured), complemented by digital banking, bill pay, Zelle, ATM, and ancillary services such as notary, GAP insurance, and mechanical repair coverage.

Product overview

Glynn County Federal Employees Credit Union operates as a single-institution credit union offering a comprehensive suite of traditional banking products. The core portfolio centers on deposit accounts (Savings Share Accounts, Share Draft Checking, Share Certificate Accounts, Christmas Club Accounts, and Individual Retirement Accounts) and lending products (New/Used Vehicle Loans, Recreational Vehicle Loans, Vacation Loans, Medical Expense Loans, and Share Secured Loans). Service delivery is facilitated through Internet Banking, Mobile App, 24/7 Audio Response, and Zelle for payment transfers. Add-on financial protection products include GAP Insurance, Mechanical Repair Coverage, and Credit Life/Disability insurance. The institution differentiates through member-owned cooperative structure and personalized service, with accounts insured by NCUA up to $250,000.

Differentiator

Problem solved

Functional benefit

Products and services

• Savings Share Accounts

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• National Credit Union Administration (NCUA)coreStrategic or Co-development PartnerThe credit union's deposits are federally insured through NCUA, a U.S. Government agency, up to $250,000 per member. This regulatory relationship is fundamental to the credit union's operations and member trust.
• Early Warning Services, LLC (Zelle)coreTechnology or IntegrationGlynn County FECU has partnered with Zelle to offer fast and easy peer-to-peer money transfers. Members can send money directly from their account to enrolled recipients in minutes through online banking or the mobile app. No fees are charged by the credit union for Zelle transactions.
• FiservcoreTechnology or IntegrationMobile banking technology provider enabling the credit union's iOS and Android mobile applications for account access, fund transfers, and Zelle integration.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Pentagon Federal Credit Union (PenFed): Large federally chartered credit union serving military, Department of Defense employees, veterans, and their families. Comparable field of membership and product suite, but operates at vastly greater scale and national footprint.
• Navy Federal Credit Union: World's largest credit union, serving Navy, Marines, Air Force, Army, Coast Guard, Space Force, and DoD civilians with a similar field-of-membership structure. Compares as the dominant incumbent in the military/federal membership niche that Glynn County FECU also serves locally.
• SchoolsFirst Federal Credit Union: Large employer-occupational credit union serving California school employees and their families. Structurally analogous to Glynn County FECU's employer-anchored cooperative model, one-member-one-vote governance, and family membership expansion, though at much larger scale.

Direct peers

• Robins Financial Credit Union: Georgia-based credit union serving military, federal civilian, and surrounding community members near Warner Robins AFB. Directly comparable to Glynn County FECU as a community-rooted, military/federal-focused cooperative in the same state regulatory environment.
• Delta Community Credit Union: Georgia-headquartered credit union serving Delta employees, other employer groups, and surrounding communities. Directly comparable as a Georgia-based, employer-anchored cooperative offering deposits, lending, and digital banking, with overlapping Atlanta-area market dynamics.
• Security Service Federal Credit Union: Federal credit union with a multi-select group field of membership including military and government employees, offering the full suite of deposit, lending, and digital products. Operationally similar to Glynn County FECU across product mix and member onboarding motion, at meaningfully larger scale.
• BCU (Baxter Credit Union): Employer-occupational credit union serving employees of large corporate groups and their families. Directly comparable employer-group membership model, lifetime family eligibility, and member-owned cooperative structure, with strong digital and lending product breadth.

Emerging players

• Alliant Credit Union: Digital-first credit union with a broad-based open field of membership emphasizing low-fee deposit products and online lending. Comparable as a member-owned cooperative with aggressive digital-channel member acquisition; illustrates the digital benchmark small community credit unions must keep pace with.
• Digital Federal Credit Union (DCU): Tech-forward, digitally-led credit union serving employer groups and broader membership with strong mobile and online channels. Comparable on cooperative structure and full digital suite, and represents the modern digital member experience the subject company is benchmarked against.

Regional players

• Georgia United Credit Union: Statewide Georgia credit union formed through merger of multiple employer-based credit unions including public sector and school employee groups. Directly relevant as a Georgia-based, employer-anchored cooperative expansion model via consolidation that small community credit unions can pursue.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/glynn-county-federal-employees-credit-union

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Glynn County Federal Employee Credit Union