What makes GPO different?

New laws and regulations are changing the face of financial institutions today, that is why it is important to truly understand how your credit union is different and unique.

NOT-FOR-PROFIT
GPO Federal Credit Union is a federally insured, member-owned financial cooperative. We exist to serve our members, not to make a profit. Credit Unions do not pay dividends to stockholders. We instead return our earnings to our members in the form of lower loan rates, higher savings rates, fewer fees, and great products and services.

OWNERSHIP
Each GPO Member has equal ownership in the credit union, regardless of how much money they have on deposit. At GPO, you are both a member and an owner, and are given the opportunity to vote for, and serve on our volunteer board of directors. 

TAXATION
Credit unions are exempt from Federal and most state taxes because we are member-owned not-for-profit organizations managed by a volunteer board of directors. We have a mission to serve the financial needs of consumers, especially those of modest means.

MEMBERSHIP ELIGIBILITY
By current federal statute, credit unions cannot serve the general public. At GPO, people qualify for membership by living, working, attending school, or worshiping in Fulton, Hamilton, Herkimer, Madison, Montgomery, Oneida or Otsego counties, or by volunteering within the field of membership. Immediate family or households, organizations, corporations, businesses or other legal entities are eligible for membership. 

EDUCATION
GPO is committed to educating our members and our community about money management. GPO offers
​in-person financial counseling at no cost. We offer programs and seminars throughout the year. In-person counselors are available on an appointment basis. Call (315) 724-1654 to schedule an appointment. 

OUR FOCUS IS YOU
At GPO, our mission statement is simply, "Our Focus is You." Our goal is to serve our member-owners, and to serve them well. Our members are very loyal for this reason. Your credit union will be here for you in good times and in bad, and we look forward to helping you and your family meet your financial goals.

A GROWING CREDIT UNION

December 31, 1931
First Year of Operation
Assets: $861.41

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December 31, 1955
25th Year of Operation
Assets: $13,788

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December 31, 1980
50th Year of Operation
Assets: $2,578,348

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December 31, 2005
75th Year of Operation
Assets: $89,422,899

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December 31, 2014
85th Year of Operation
Assets: $211,736,616

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ANNUAL REPORTS

THE CREDIT UNION DIFFERENCE
GPO aims to offer financial wellness resources to educate, improve your financial positions and make your goals. 

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