Overdraft Protection is a credit service offered by credit unions to provide monetary coverage in case of insufficient funds in the account. An additional amount is transferred, thereby allowing you to complete a transaction without any glitch. Let’s explore some benefits of opting Overdraft Facility.
Successful Transactions
With overdraft facility, a person is able to complete ATM and debit card transactions, even ifthe account is short on money. It prevents transactions from getting declined and provide immediate financial support. A person is saved from penalties which are imposed owing to negative balance in the account.
Availability of Funds in times of Emergencies
Overdraft Protection gives coverage and financial support during emergencies or temporary economic distress. Overdraft protection allows an access to funds which can be used during sudden monetary exigency.
No Bouncing Checks
Overdraft facility prevents your checks from getting bounced. It saves a person from paying bounced check fees and helps to maintain good credit report.
Services under Overdraft Protection
Greater Central Texas Federal Credit Union offers Overdraft Protection in two different ways; standard overdraft practices that come with your account and Overdraft Protection through a link to your savings account. The standard overdraft practices that come with your account: checks and other transactions made using checking account number and automatic bill payments. Under standard overdraft practices Greater Central Texas Federal Credit Union will charge a fee of up to $30 each time the credit union pays on your behalf.
Greater Central Texas Federal Credit Union is a member-owned cooperative which has been helping people with their financial needs since 1957. Our member services include Direct deposit, Payroll deduction, Notary Service, MasterCard Cash Advance, On-line access, MasterCard Gift Cards, Wire Transfer, ACH Origination, Club Accounts, Credit Card, Bill Pay, ATM and automatic transfer services, etc. Our lending services include New and Pre-Owned Vehicle Loans, Pre-Approval on vehicle loans, Secured & Unsecured loans. Greater Central Texas Federal Credit Union works within the area of Bell County, Texas, west of Interstate 35.
For further details, visit
Greater Central Texas Federal Credit Union at 3305 E Elms Rd, Killeen, TX - 76542. You can also contact us by filling up the contact form available at our website. Call us: (254) 690 - 2274