Savings account is a basic account type held at a financial institution that allows you to deposit funds with safety assurance. One can also earn interest on the deposits at credit unions on your savings. The savings account also allows you to withdraw money any time you wish to.  Let us look through some important steps to open a savings account at a credit union.

Become the Member of Credit Union

First, become a member of a credit union. The membership of credit union will allow you to access their various financial products and services. Apply for savings account and take proper follow up. Member services offered by Greater Central Texas Federal Credit Union, Killeen include Direct deposit, Payroll deduction, Notary Service, MasterCard Cash Advance, On-line access, MasterCard Gift Cards, Wire Transfer, Savings Account options and many more.

Check the Eligibility Criteria

Go through the eligibility criteria and other relevant information regarding the savings account you want to open. If it suits your profile, go ahead.

Collect Documents

Collect all the required documents and start the procedure.

Requirements for Opening Savings Account at GCTFCU:

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.

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. 

Overdraft facility prevents your checks from getting bounced. It saves a person from paying bounced check fees and helps to maintain good credit report.

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

Getting great deal while buying a car helps in making the financial decision easy. A lot would depend on the financial institution you are availing an auto loan from. While there are many providers, Credit Unions helps in availing one of the best deals on auto loan. Let us dig deeper into the benefits of taking an auto loan from a credit union.

Credit Unions are community based, non - profit financial institutions, which provide products and services to promote financial wellbeing of the members. Since, credit unions does not seek huge profits, they are able to offer their members lower interest rates on auto loans and other lending services.

Credit Unions provide a user friendly loan process with minimum hassle. You are likely to complete the loan applying procedure in lesser amount of time while getting the best possible deal. Credit union generally provide online access to their services.

Credit unions often provide financial counselling led by local experts to guide you through the process.

Being the member centric cooperatives, credit unions are quite flexible and try to find ways to help their members. It is relatively convenient to apply for a loan from a credit union as they have minimum-loan requirements and a better insight into your financial situation.

Credit Unions hold strong community ties which offer a better understanding of each other’s financial needs and requirements. They provide personalized services backed with community support. Volunteerism & community involvement makes a credit union more accessible and participative.

From providing auto loans to many other convenient services, Greater Central Texas Federal Credit Union, Killeen is committed to help its members reach their financial goals.

Insured by the National Credit Union Share Insurance Fund (NCUSIF), Greater Central Texas Federal Credit Union, Killeen is member own cooperative which has been helping people with their financial needs since 1957. With multifarious savings and investment options, one can seek financial assistance for to build your dream home, saving for retirement etc. The lending services include New and Pre-Owned Vehicle Loans, Pre-Approval on vehicle loans and various Secured & Unsecured loans at feasible interest rates. Greater Central Texas Federal Credit Union works within the area of Bell County, Texas, west of Interstate 35.

Visit Greater Central Texas Federal Credit Union at 3305 E Elms Rd, Killeen, TX 76542, United States. You can also contact the credit union by filling up the contact form available at the website.

Overdraft Protection (OD) is a product provided by banks and credit unions to offer financial coverage in case of insufficient funds in the account. An additional amount is transferred to cover a transaction thereby preventing it from getting declined. Let’s look at some benefits of opting Overdraft Protection.

Transactions - With overdraft protection in place, even if a person doesn’t have sufficient money in the account, ATM and debit cards transactions will still go smoothly. It will prevent transactions from getting rejected or declined due to negative balance, thereby saving you from inconvenience and embarrassing situations. Please note that it is the discretion of Greater Central Texas Federal Credit Union (GCTFCU) to authorize and pay OD for any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined. If a transaction is declined, you will be charged a $35 fee.

Availability of Funds in times of Emergencies - Overdraft Protection gives coverage and cash during emergencies or temporary economic hardship. A situation might get worse without a financial support. If you have enrolled for overdraft protection, you get an automatic access to funds which can be used in times of crisis.

No Bouncing Checks - Bounced checks can create a lot of hassle and problems. Overdraft protection, prevents checks from getting bounced and saves a person from paying bounced check fees. This financial product may help you prevent money trouble blemishing your 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 encompasses 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 we pay on your behalf.

Federally Insured up to $250,000 by the National Credit Union Administration (NCUA), Greater Central Texas Federal Credit Union offers services like direct deposit, on-line access, overdraft protection, wire transfer, ACH origination, bill pay, ATM and various other checking, savings and loans products. 

You can visit Greater Central Texas Federal Credit Union, 3305 E. Elms Rd., Killeen, TX  76542 to know about financial services offered.

Community Involvement - Volunteerism & community involvement are the two pillars of credit unions. They welcome people from various walks of society to build a strong community bond. Greater Central Texas Federal Credit Union is committed to set a spirit of solidarity within the institution and provides financial solutions at feasible prices.

Better Rates on Loans and Saving Accounts - Credit Union offer higher yields on the savings to help you achieve personal financial goals.  Since they're not focused on churning profits, they provide satisfactory returns in the form of higher interest rates on savings accounts, lower fees, lower rates on loan and credit cards.

Easily Accessible - Credit unions are tailored to meet the expectations and interests of their members. Their easy accessibility allows a member to gain economic support in a brief period of time. They pay attention on every loan application individually and try to give best possible financial solution. It is often easier to get approval for a credit from a credit union.

Democratic Voting - As a member & part-owner of credit union, you have a say in the decisions, including the selection of board members and new proposals. There are several ways one can participate & volunteer to influence the strategic management of a credit union. A credit union preserves its integrity by allowing each member to vote and participate in the elections.

Personalized Financial Service - Credit unions tend to focus on providing excellent customer service. Members of credit unions enjoy the perks of personalize attention and service. 

Financial Counselling - Credit unions often provide financial counselling led by local experts. They offer valuable advices and support to assess financial priorities of an individual and impart better understanding & knowledge of a particular service or product. A financial counsellor helps a client to take good investment decisions, thereby maximising the probability of higher returns.  

Insured by the National Credit Union Share Insurance Fund (NCUSIF), Greater Central Texas Federal Credit Union offers a wide array of services. We have been serving our community with financial needs since 1957.  With various types of saving accounts like Share Account, Money Market Accounts, Christmas Club, Vacation Club, Certificates of Deposits and Individual Retirement Account, we try to cater different financial needs and interests of our members. We grant Secured and Unsecured loans at reasonable rates. Services like Direct deposit, Payroll deduction, Notary Service, MasterCard Cash Advance, On-line access, MasterCard Gift Cards, Wire Transfer, ACH Origination, Bill Pay, ATM and automatic transfer services are available. Greater Central Texas Federal Credit Union works within the area of Bell County, Texas, west of Interstate 35.

Contact us by filling up the contact form available on our website.

Credit unions are more than just financial institutions; they are committed financial partners who strive to enhance the financial well-being of their members and the communities they serve. Their commitment to ethical and inclusive banking makes them a valuable resource for individuals and families looking to achieve their financial dreams. At Greater Central Texas Federal Credit Union (GCTFCU), we are committed to member empowerment and offer a wide array of financial services tailored to the unique needs of our members.

Listed below are some compelling reasons to be a member of a credit union:

When you choose credit union services, you are not just a number. At GCTFCU we offer personalized financial solutions. Our dedicated staff takes the time to understand your goals and aspirations..

Credit unions membership provides a notable advantage through lower fees and competitive rates.  They are known for their commitment to offering financial services with minimal fees. When it comes to interest rates on savings accounts, loans, and credit cards, credit unions often provide rates that are highly competitive.

Credit unions are deeply rooted in their local communities. At Greater Central Texas Federal Credit Union, we prioritize our members and the communities we serve. Our commitment to community involvement sets us apart, as we reinvest in the areas where our members live and work.

What makes credit unions unique is their member-focused ownership structure. As a part of Credit Union, members chooses the management.

Financial literacy is the key to financial empowerment. Credit Union’s offer comprehensive financial education resources and personalized guidance to help members make informed choices and plan for a brighter financial future.

Credit unions take a member-first approach, which means they prioritize the financial well-being of their members over profits. This approach often translates into more favorable loan terms, including lower interest rates and flexible repayment options.

Credit unions aim to build long-lasting relationships with their members, offering ongoing financial support and guidance.  Credit unions recognize that financial needs change over time and are there to provide guidance and support at every stage of life.

Members of a credit union enjoy a range of benefits. Credit unions not only strengthen the financial foundations of their members but also play an integral role in building prosperous and resilient communities.

For more information, visit Greater Central Texas Federal Credit Union at 3305 E. Elms Rd., Killeen, TX 76542, or call (254) 690-2274.

A credit union savings account lets you securely store your money and earn modest interest. Credit union members run these cooperatives as owners and customers, emphasizing competitive rates. At Greater Central Texas Federal Credit Union, we are more than a financial institution - we are your financial success partners. Our diverse savings accounts, including IRAs, Club accounts, Share Certificates of Deposit, and Regular Share Savings, empower your financial future.

Following is a list of the benefits of opening a savings account with a credit union:

Credit unions play a significant role in meeting the financial needs of individuals. Whether it is managing day-to-day transactions, saving for the future, or seeking financial assistance, you can count on credit unions for reliable and affordable financial services. Greater Central Texas Federal Credit Union has been providing financial services to its members for more than six decades.

Following are some of the diverse financial services offered by GCTFCU:

Owning an RV is not just about having a mode of transportation; it represents a lifestyle of freedom, exploration, and creating lasting memories. At Greater Central Texas Federal Credit Union, we strive to make the dream of RV ownership a reality by offering competitive interest rates, flexible loan terms, and a seamless loan application process. Whether you are a seasoned RV traveler or a first-time buyer, our team is committed to providing personalized assistance and finding the best financing options tailored to your specific circumstances. With our RV loans, you can embark on your RV adventures with confidence, knowing that you have the financial support of a trusted credit union behind you.

Let us look at how credit unions can help in getting an affordable RV loan:

Following are some auto loan tips for new vehicle buyers: