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Member Services At Greater Central Texas Federal Credit Union

Greater Central Texas Federal Credit Union is a leading organization serving the financial needs of our clients in Killeen, TX. We, being a non-profit entity, work solely for the benefit of our members. All the services offered at our credit union are designed keeping in mind our members’ needs and economic requirements. We understand how important it is to make our clients banking tasks convenient and simplified.

Some of the member services offered at Greater Central Texas Federal Credit Union are:

Payroll Deduction: We provide our members with the most convenient way to make loan payments, save money, deposit money into children’s account etc. We will automatically deduct a specified amount every month from your paycheck without you having to visit the branch personally.
Direct Deposit: When you sign up for our direct deposit service, you can get your payroll, pension, social security, tax refunds or retirement benefits check deposited directly into your credit union account. You need to fill up a form to avail direct deposit and specify the account details where payments need to be sent.
Notary Service: This is a service provided to all our members to easily get their documents attested and certified. We provide notary services for all types of affidavits, title transfers, power of attorneys, deeds etc.
MasterCard Cash Advance: At the credit union, we aim to make it easier for you to obtain cash, whenever you need. Hence, we offer Cash Advance service at minimal interest rates on your MasterCard credit card. You can avail the service at any of our ATMs or at the branch itself.
On-Line Access: We offer several options to our members to manage their finances and access their account online, at any time of the day. You just have to log in with your username and password to avail a host of banking services.
MasterCard Gift Cards: Our MasterCard Gift Cards are a wonderful option to make your loved ones celebrate their special day the way they want.
Wire Transfer: Transferring funds from one financial institution to another is safer and convenient with our wire transfer service.

For more details about the member services offered at Greater Central Texas Federal Credit Union, you can call at (254) 690 – 2274.

Credit Union: An Affordable Financial Institution

Credit unions are cooperative financial institutions that are owned and managed by their members. They are preferred by many due to their affordable financial services and products. They offer a variety of convenient personal services, attractive rates and fees, shared branching and flexible terms & conditions.

Let us delve deeper into understanding the working of credit unions and what they have to offer:

They are Non-Profit Organizations: Credit unions accept deposits from members and offer loans without any intention of making profits. Due to the fact that they are non-profit organizations, they offer loans at low interest rates and higher rates for deposits.
Operating Principles: Credit unions operate with the intention of pooling financial resources for the benefit of members. Their operating principles revolve around voluntary membership, non-discrimination, serving members, building financial stability, social responsibility and democratic control.
Services Provided: Some of the services offered by most credit unions include but are not limited to payroll deduction, online access, MasterCard Gift Cards, ACH origination, ATM, Bill Pay, Wire Transfer, Direct Deposit, Notary Service, savings and investments, lending services (secured and unsecured loans), Traditional and Roth IRAs, Club accounts (Christmas and Vacation), Overdraft protection and more.
Reasons For Joining A Credit Union: Credit union members enjoy benefits such as low fees, higher interest rates, excellent customer service, member-centric services, community support, security of deposits (regulation by the National Credit Union Administration; every account is insured up to $250,000), financial literacy and independence, easy qualification, easily approachable in spite of a low credit score etc.

In conclusion, the fact that credit unions are member-owned non-profits plays a prime role in making them affordable financial institutions. Their member-centric approach as opposed to a profit-centric one makes it possible to offer loan products at lower rates, higher rates of interest on savings, access to low-fee checking accounts and more. They are the best option for millennials who are just starting to make financial decisions and require guidance to manage and control their funds without spending much on fees and interest.

Greater Central Texas Federal Credit Union offers a variety of financial services including savings accounts, secured/unsecured auto loans, etc. to its members. For more details on credit union, visit 3305 E. Elms Rd., Killeen, TX - 76542. You can also call at (254) 690 – 2274.

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