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

Secured Loans In Killeen

29. April 2023 Administrator Blog (0)

Tags : , ,
Comments are closed
GCTFCU Blog | What Can You Do At A Credit Union?
Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

What Can You Do At A Credit Union?

26. March 2020 Administrator Blog (0)
If you are looking for financial services like opening a savings account, applying for a loan or paying bills without any hassle, you should consider visiting a credit union. These non-profit organizations are owned by their members/account holders. Credit Unions provide a plethora of financial services at attractive rates/fees and are federally insured by the National Credit Union Share Insurance Fund.

You can avail following services as a member of a credit union:

  • Savings Account: You can open a savings account to keep your cash safe while you earn interest. However, there are certain limitations on transfers from a savings account in a credit union.
  • Checking Account: Credit union checking accounts let members spend their money without any limits on payments. They can access cash from the credit union via debit cards, online bill payment, writing a check, etc.
  • Certificates of Deposit: These are a form of savings solution that pays members more than regular savings accounts. However, the pre-condition for this is that the customer has to leave his money in the account for a fixed amount of time. For customers who want some flexibility, some credit unions offer them money market accounts that allow them to access their funds throughout the month and enjoy high rate of interest.
  • Loans: Credit unions offer auto loans and various other secured loans to their members. Auto loans are popular amongst credit unions due to their competitive rates of interest and thriving relations of credit unions with local dealers.
  • Other Services: Most credit unions provide other services such as Direct Deposit, Payroll Deduction, Bill Pay, ATM, Notary Service, On-line access, Wire Transfer, etc. 
Greater Central Texas Federal Credit Union offers a variety of services to help it’s members reach their financial goals. The services offered to the members include secured loans, savings accounts, checking accounts and various online banking facilities. To know more about what can you do at a credit union, visit 3305 E. Elms Rd., Killeen, TX – 76542. You can also call at (254) 690 – 2274. 
Comments are closed
GCTFCU Blog | Pathway To New Home
Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

Pathway To New Home

21. October 2017 Administrator (0)

View Full Image
Comments are closed
GCTFCU Blog | Choosing The Right Car Loan In Killeen, TX
Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

Choosing The Right Car Loan In Killeen, TX

17. December 2014 Administrator Car Loan (0)

Various financial institutions offer car loans with different repayment options. However as a borrower, it is important that you understand your requirements and affordability to avoid any difficulties while repaying the loan amount. 
Here are some important tips that you must keep in mind while choosing a car loan:

  • Determine your affordability: Undoubtedly, this is the most important per-requisite of applying for a car loan. It is very important to establish your budget for the loan amount to ensure you can pay it off easily. Therefore, determine all our monthly expenses and determine the amount that you would be able to spare monthly. Some people may have the misconception that making large repayments is a good way to pay the loan off early. However, this extra expenditure every month cost can also cause you to financially struggle for your basic needs.
  • Know your budget: After you have set aside the amount that you can afford, you must work upon how you will manage your expenses. If you do not have a steady income, you should opt for a loan that offers flexible repayment options. Make sure that you chalk out a budget that seems practical and realistic.
  • Determine your chances of approval: Most financial institutions have a specified set of criterion to decide on if an applicant’s loan should be approved or not. You should consider your credit history, annual income and other relevant factors to determine the approximate loan amount that you can be lent.
  • Secured or unsecured loan: A secured loan would need you to put up collateral against the money borrowed. In case you fail to pay the loan back, the collateral will be possessed by the lender. Unsecured loans, on the other hand, will possibly have higher interest rates due to no such security. You should be aware of the stakes and take a well informed decision.
  • Interest rates: You must also decide between fixed and variable interest rates. Fixed rates would help you have a clear idea of your monthly repayments, and therefore, manage your budget accordingly. Variable rates however are subject to change according to the present market conditions but can offer benefits too.

We at Greater Central Texas Federal Credit Union offer convenient and instant car loans at affordable rates of interest. For more details, feel free to call us at (254) 690 - 2274 or visit our office at 3305 E Elms Road Killeen, TX 76542.

Comments are closed