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GSFCU was founded in 1956 by employees of the Grossmont Union High School District for the benefit of all employees and family members of the GUHSD. Since then the credit union has expanded to include the employees and family members of the Grossmont-Cuyamaca Community College District.
Read more on our history here.
To provide financial services to all member-owners according to its ability to protect the savings of the members.
Grossmont Schools Federal Credit Union is federally insured by the NCUA (National Credit Union Administration). Additional coverage of up to $250,000 is provided by ASI insurance. All credit unions are NON-PROFIT cooperatives. Unlike other financial institutions, Credit Unions are owned and run by its members.
Members make up the Board of Directors, who manage and elect the officers to handle the business and operation of the Credit Union. Our members are joined together by a common bond and we will serve only our members.
There are NO OUTSIDE STOCKHOLDERS -- all net earnings after expenses are paid out to our members in dividends or low cost services.
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