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.
Comments are closed
GCTFCU Blog | Reasons Why Millennials Should Open An Account In A Credit Union
Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

Reasons Why Millennials Should Open An Account In A Credit Union

13. January 2020 Administrator Blog (0)
For millennials, financial management relies on cost reduction and higher financial rewards to a large extent. This could be the main reason due to which most of them gravitate towards credit unions for opening savings accounts and borrowing loans. 

Reasons due to which credit unions are ideal for the millennial generation are:

  • Good Returns: Most millennials seem to keep much of their assets in cash due to which they look for financial institutions that remain stable, in spite of market fluctuations. This ensures returns and favorable rates of interest on their deposits. 
  • More Personal Attention: Millennials love the personal attention bestowed on them in credit unions. They are able to enjoy this kind of attention because of the customer-friendly and member-oriented services of credit unions. 
  • Empowering: It is empowering to know that as a member of a credit union, one is also its owner. Each member contributes towards the growth and prosperity of other members via the funds deposited in the credit union. Millennials love such collaboration and also the freedom to take ownership of their finances.
  • Non-Profit: Credit unions operate for the welfare of the community than the sole purpose of making profits. Millennials seem to resonate with this mode of operation and view credit unions as a reflection of charity organizations that give back to the community in the form of affordable loans, higher interest rates on savings and better deals.
  • Operates Locally: The fact that the money of a community stays within that community goes well with millennials who look for ways to develop their local community. When the money stays within the community, it can be used for aiding in its growth and development.
Greater Central Texas Federal Credit Union offers a variety of financial services to its members. The range of services offered includes savings accounts, checking accounts, vehicle loans, online banking facilities, etc. For more details on reasons why millennials should open an account in a credit union, visit: 3305 E. Elms Rd., Killeen, TX – 76542. You can also contact: (254) 690 – 2274. 

Comments are closed