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

Documents Required to Open A Savings Account At GCTFCU

24. January 2023 Administrator Blog (0)
Are you interested in opening a savings account with Greater Central Texas Federal Credit Union? The process is relatively simple and convenient. As a member of the credit union, you get to enjoy higher savings rates and a host of other financial services and products. The savings accounts at the credit union include Regular Share Savings Accounts, Share Certificates of Deposit, Money Market Accounts, Individual Retirement Accounts, and Club accounts.

Every financial institution requires some documentation in order to open an account with it. Following are the documents needed to open a savings account at Greater Central Texas Federal Credit Union:

  • Valid Photo ID: A valid photo ID is necessary to verify one’s identity. You can produce your driver’s license, state ID, passport, and any other form of government ID. The photo ID should be government-issued.
  • Address Proof: For address verification, you should present something mailed to your address with your name. Examples of proofs of address are rental agreements not older than 30 days, utility bills for the past month (cable, phone, and energy), bank statements, etc.
  • Personal Information: This includes your Social Security Number, phone number, date of birth, and Individual Tax Identification Number.
  • Other Requirements: Apart from the above-mentioned documents, Greater Central Texas Federal Credit Union requires its members to live, work and worship west of I-35. A minimum deposit of $25 is required to open a regular Share Savings Account. For Share Certificates of Deposit, a minimum of $1,000 is required. You can open a Christmas or Vacation Club account with $26 only.
Greater Central Texas Federal Credit Union was formed in 1957 with the aim of providing affordable and convenient financial services to its members. Every savings account in the credit union is federally insured by the National Credit Union Administration for up to $250,000. Apart from savings accounts, credit union members enjoy financial services and products such as payroll deduction, direct deposit, notary service, online access, ACH origination, bill pay, ATM, MasterCard gift cards, wire transfer, and lending services. The members enjoy competitive interest rates, outstanding customer care, and reduced fees and payments. Members may apply online to open a savings account with the credit union. The staff guides the members about the best forms of savings and investments as per individual needs.

To know more about how to open a savings account with the credit union, visit Greater Central Texas Federal Credit Union, 3305 E. Elms Rd., Killeen, TX - 76542. You can also visit www.gctfcu.net or call (254) 690 – 2274.
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GCTFCU Blog | Benefits Of Getting Loan From A Credit Union
Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

Benefits Of Getting Loan From A Credit Union

10. June 2016 Administrator Blog (0)
A credit union is a financial cooperative for the people of a community. Since the purpose is to work for the benefit of the members, it offers home and auto loans at fairly simple terms that can efficiently work in everyone’s interest. Following are some upsides of getting loan from a credit union:

  • Willingness to give loans: Credit unions understand their members‘ needs to take loans and patiently assess their credit history and financial ability to provide them the required amount. The loan eligibility requirements are not so stringent at a credit union which increases the likelihood of getting an approval.
  • Low fee and rates: The purpose of a credit union is not to make profits but to offer financial aid to the members to its members. Thus, they offer low interest rates and processing fees on all loan plans.
  • Personalized service: The credit union board of directors consists of the members and thus you can expect to receive personalized services. The staff reviews your concerns regarding loan term, repayment flexibility and financial needs to offer a customized loan plan.
  • Provide proper education: Credit unions provide complete assistance to the members regarding the financial tools and resources available. Thus, you can seek guidance regarding how much money you should borrow or the premium amount you should settle on as per your financial position. Credit unions have professionals to guide you through the loan process.
  • Unions are stable: Market fluctuations do not make your monthly repayments volatile when you have get a loan from a credit union. This is because the source of their finance is the deposits of other members. This make the credit unions a stable source to finance your home or vehicle purchase.
  • Other benefits: Besides simplifying the loan process, the credit unions also offer many other services for the benefit of its members. These may include wire transfer, savings and checking account, MasterCard, ACH origination etc.
A credit union provides the required convenience and stability that every loan seeker looks for. You may compare the terms and rates from other available options too before making up your mind. It is not a problem if you aren’t a member of a union yet. It is easy to gain membership and reap the benefits of the financial services offered by a credit union.

If you are looking for an auto or home loan in Killeen, TX, consider Greater Central Texas Federal Credit Union. For details about our loan plans, you can call at (254) 690 – 2274 or visit 3305 E. Elms Rd., Killeen, TX  76542.
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