Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

Overdraft Facility by GCTFCU Benefits

30. April 2022 Administrator Blog (0)
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
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GCTFCU Blog | Long Term Auto Loans
Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

Long Term Auto Loans

19. July 2011 Administrator (0)

Every person has a desire to have his own car. However, due to a number of reasons, it is not possible for everyone to afford a car. One reason could be that you cannot manage to take out some money from your monthly budget, or you do not want to shell out money for a car due to some other future commitments. In such circumstances, long term auto loans can be of great help. These loans put forward longer time for the repayment of the loan, thus, not putting any burden on your monthly budget.

The long term auto loans are a bit different from other loans. You get enough time for repaying your loan amount. There are very low monthly installments, so you need not worry about making much contraction in your monthly expenses. These loans are also available in secured as well as unsecured forms.

You can considerably reduce your rate of interest with the secured loans. On the contrary, the unsecured loans have a fairly lower repayment term and higher rate of interest as compared to the secured loans. You need to place something as collateral if you wan to have a secured loan. Due to the paperwork involved in this process, it may take some time. However, if you are in an immediate need of loan, you can opt for the unsecured loans.

These loans may also require you to pay a certain amount of down payment. Your can lower your interest rates by making a bigger down payment. Most often, people try to pay 25 to 30 per cent of the cost of the car as a down payment.

You can search the market for the most bendable terms and conditions. There are also different repayment terms for long term auto loans, so you can choose the one that is best suited to your needs.

For auto loans in Central Texas, do visit Greater Central Texas Federal Credit Union. We have amazing deals on auto loans for our customers. Call us at Phone: 254-690-2274. We are located at Killeen, Texas.

Cheap Auto Loan - 72 Month Auto Financing

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