Georgia United History

  • 1958

    Did You Know:

    • Initial membership fees were just $0.
    • The par value of shares was $5 with a maximum deposit value of $1,000
    • The original office was located at 116 Clairmont in the DeKalb Federal Savings and Loan building and only open on Tuesdays from 4 PM – 7 PM

    The Founding

    On March 27th, DeKalb Principal, Vernon Carne and six other educators open DeKalb County Teachers Federal Credit Union in Decatur, Georgia with $35 in total deposits. On April 8, 1958, the credit union receives its charter from the National Credit Union Association.

  • 1967

    Did You Know:

    • In the Clarkston house branch, members closed loans in the “pink bedroom” and the “green bedroom.” Files were stored in the kitchen and the vault was located in the pantry

    The Million-Dollar Year

    DeKalb County Teachers Federal Credit Union surpasses $1 million in assets and begins offering payroll deduction to DeKalb County Schools employees in September. In April, a Clarkston branch opens in a home at 652 Indian Creek Dr.

  • 1983

    Did You Know:

    • In 1983, loans grew 16.6%, while deposits grew by 21.5% Membership reached 18,000
    • Insurance services became available through CUSO
    • DeKalb County Teachers Federal Credit Union undergoes a name change and becomes Georgia Federal Credit Union

    25 Years. $25 Million.

    DeKalb County Teachers Federal Credit Union celebrates 25 years of business by reaching $25 million in assets, and changes its name to Georgia Federal Credit Union. GFCU opens its first branch office in Lithonia, introducing money market accounts and Individual Retirement Accounts. Additionally, the credit union acquires the Carpet Capital Credit Union in Dalton through a merger and opens a new branch.

  • 1992

    Did You Know:

    • The credit union reached 100 select member groups by 1992
    • In 1993, the credit union experienced loan growth of 11.54% and deposit growth of 14.4%
    • Kids accounts are introduced
    • Stockbridge and Dalton branches relocated to larger facilities

    $100 Million Strong

    In 1992, Georgia Federal Credit Union surpasses $100 million in assets with 100 select employee groups. 1993 sees the acquisition of Kraft Foods CU and Salem Carpet CU through merger. In 1994, GFCU joins the Credit Union Service Center Network allowing its members increased access to their finances at more locations across the country.

  • 1997

    Did You Know:

    • The credit union expanded its product and service offerings to include Roth and Education IRAs and PC Home Banking
    • Founder, Vernon Carne, retires after having served as both President and Treasurer of the GFCU Board of Directors since 1958

    50,000 Members. 40 Years of Excellence

    In 1997, Georgia Federal Credit Union surpasses 50,000 members and introduces Visa Check Cards. The South DeKalb branch relocates to the Panola Rd. location in Lithonia, and the first metro Atlanta off-site ATM opens at DeVry Tech. In 1998, the credit union celebrates 40 years of unparalleled member service with almost $200 million in assets.

  • 2004

    Did You Know:

    • The credit union expanded its product and service offerings to include Roth and Education IRAs and PC Home Banking
    • Founder, Vernon Carne, retires after having served as both President and Treasurer of the GFCU Board of Directors since 1958

    Continued Growth

    In 2004, Georgia Federal Credit Union moves its corporate office to a new, three-story building at 6705 Sugarloaf Parkway with three tenants – CUNA Mutual, Georgia CU Affiliates, and Georgia Central CU. Also in 2004, Educators Credit Union and Georgia Catholic Federal Credit Union merges with GFCU. In 2005, our field of membership expands with the addition of the Archdiocese of Atlanta. We also purchase a former bank building for a new branch in Athens’ Eastside.  In 2006, mergers with University of Employees Federal Credit Union in Athens and Madison

  • 2008

    Did You Know:

    • In October, the Economic Stabilization Act granted a $700 billion bailout of the banking industry for sub-prime lending, but Credit Unions remained stable
    • A record $9.65 million in dividends were returned to members
    • Georgia Federal made 8,460 loans totaling over $100 million

    50 Years of Stellar Service

    In November, Georgia Federal celebrates 50 years of serving our members by reaching $500 million in assets. Meanwhile, U.S. credit unions celebrate 100 years of service.

  • 2010

    Did You Know:

    • The merger with SECU added $205 million in assets and 25,000 new members—our assets surpassed $875 million
    • At year-end 2011, Georgia United Credit Union had $893,021,140 in assets and 115,774 members
    • Georgia United became the first credit union in Georgia to offer the Mobile Deposit services to its members
    • On our annual day of service, Georgia United staff prepared 4,000 personal care and meal kits for The Gateway Center, an Atlanta-based organization

    Georgia Federal Becomes Georgia United

    In December 2012, the State Banking Department receives the final state charter conversion materials allowing for the successful conversion of out charter from federal to state. Members experience the change to the new name Georgia United Credit Union. April 2011 brings about more change for Georgia United as the largest merger in the State of Georgia (Georgia United Credit Union with State Employees Credit Union) takes place. State Employees Credit Union includes employees of various state agencies and state colleges and universities like Georgia Institute of Technology (Georgia Tech).

  • Rates & Loans


The financing you need, at a price that’s easy to afford.

For most of us, borrowing money is sometimes a fact of life. But none of us should pay more than we have to. Georgia United members are always given competitive rates on loans and lines of credit. Helping them save money, while achieving their dreams.

From auto loans to home mortgages, credit cards to boat loans, we’re standing by with great loan solutions. So, how can we help you?

Car Loans

  • Always competitive rates
  • New or used vehicles
  • Options for RVs, boats & motorcycles

Check Today's Rates

  • Vehicle Loan Rates
  • Home Loan Rates
  • Boat & RV Rates

Home Loans & Lines

  • Low closing costs
  • 100% financing available
  • Fixed-and adjustable-rate programs

Consumer Loans

  • Quick processing, financed “while you wait”
  • Perfect for unexpected expenses
  • Flexible and affordable

Visa Credit Cards

  • Zero annual fees
  • Zero cash-advance fees
  • Zero liability if lost or stolen

Student Loans

  • Designed to supplement federal student loans
  • Streamlined, 20-minute application
  • Competitive rates