GCS Credit Union

Serving Members Since 1941

GCS is now accepting membership from anyone who lives, works, worships, or attends school in Madison or most parts of St. Clair Counties! Please take advantage of all the products and services that made us the area's #1 Financial Institution.

Founded in 1941 as a source of loans and basic savings products, GCS Federal Credit Union has always focused on the member. Through the years, that philosophy has served us well, helping us grow from a single office into the area's #1 financial institution with seven full-service locations and plans to continue to grow.

Today, we serve more than 40,000 members throughout Madison and most of St. Clair Counties. Within these areas, we remain a leader in member services as well as innovative technology to deliver new products and services to you in a timely manner.

In addition to our seven branches, we also offer numerous ATM locations throughout the area, a telephone audio response system that offers account access 24 hours a day, as well as PCU (Personal Credit Union) our Home Banking system that offers members the opportunity to conduct business and pay bills from any computer at any time.

With assets of more than $250 million we feel we can offer customized financial services to meet your ever-changing needs. We also feel our innovative approach to building and maintaining member relationships will convince you, your family, and your friends that we are the area's #1 financial institution.

A credit union is much more than you expected!


Credit unions are not-for-profit, member-owned, democratically controlled financial cooperatives - that is, they are mutual organizations operated entirely by and for their members. Once you deposit money in a credit union, you become a member, not just a customer, because your deposit is considered your share of the ownership in the credit union.

Historically, credit unions offered only savings accounts and consumer loans. Many have expanded their services, particularly the larger credit unions, during the past few decades in response to their members' changing - and more sophisticated - financial needs. Some credit unions offer credit cards, debit cards, checking accounts, IRAs and share certificates. Credit unions also are expanding the types of loans they offer. Many offer mortgages, home equity loans, student loans and small-business loans to members. Credit unions may look like banks in that they both offer financial products and services to consumers. But that's where the similarities end and the differences begin.

As cooperative organizations, credit unions exist solely to meet their members' financial needs, not to make a profit off of them. In fact, after expenses are paid and reserves are set aside, credit unions return their profits to members in the forms of lower loan rates, higher savings rates and free or low-cost services. That's why consumers typically get better rates at credit unions. For-profit financial institutions, on the other hand, exist to generate profits for a relatively small group of stockholders at the expense of their customers