If you are among the thousands of Americans procrastinating their financial obligations everyday due to a shortage of time, going online could be the solution you are looking for. Greater Central Texas Federal Credit Union, located on Elms Road, Killeen, has been serving the Central Texas community since 1957. With more than five decades of experience in providing high-quality financial services to our members, we are one of the most trusted credit unions in the region. We provide a host of online services with an aim to grant convenience to our members and help to save time and resources.

Whether you are looking for a cheap auto loan or a lucrative investment option, our online services will help make things quicker and easier for you. All that you need to do is click on the ONLINE ACCESS link on our website, and you shall be all set to get access your account online. Our highly secure login system ensures that your details remain protected while you use the online services. Using this system, you can enjoy round-the-clock access to your account, from anywhere across the world. The sign up process takes as less as a minute. You can contact one of our tellers right away to know more about how this online system works and all the services that you are eligible for.

Our members who sign up for our online services can pay their bills online simply by clicking on the “Quick Pay” world online. This method is absolutely safe and protected, and spares you the convenience of having to visit our office to pay your bill. We charge a nominal monthly fee of $5 for the online billing service. However, this service is free for members above the age of 55. In addition to paying your bills online, you can also make your Mastercard payment online without any hassle. You can call card services at 800-442-4757 or click on the ‘Go To My Card’ link on our website www.gctfcu.net.

These online services allow you to operate your account with Greater Central Texas Federal Credit Union from the comfort of your home or office. You no longer have to put your financial transactions on hold just because you are out on vacation or you are short of time. Manage everything on the go, just in the click of a button. Contact us to know more about our online services, and for information on our lowest used car loan.

Buying a car is a major long-term investment for families and involves a significant outlay of funds and careful consideration as to where those funds come from. For most families, taking out an auto loan is a viable and wise option as it gives them the adequate funds to make an outright purchase while scattering the actual payment over a period of time with monthly payments, thereby lessening the financial pressure on them by a considerable margin. Auto loans are easily available with the bare minimum of hassle if applied for by an experienced credit union. Auto loans can be of two broad kinds- secured auto loans and unsecured auto loans and the basic difference lies in the fact that with secure auto loans the vehicle that is being purchased is taken into consideration as  collateral for the loan amount and there is no collateral in case of an unsecured auto loan. While you decide which kind of loan you want to apply for, it is useful to know about the fundamental differences between these two kinds of auto loans and what each of them would imply for you.

Secured Auto Loans

In a secured auto loan, the car you purchase is worked into the loan agreement as collateral for the loan. Therefore, the party providing the loan retains all rights over the vehicle and you get the right to use the vehicle for your purposes. Once the loan is repaid fully, you receive the ownership rights to the car which is then transferred to your name.

Since the lender in listed as the lien holder in case of a secured auto loan, you need to maintain comprehensive coverage insurance on the vehicle until all loan dues are paid off. If you cannot make payments on time or fail to make them, the lien holder can ask the car to be returned. Inability to do so will cause the car to be legally repossessed to pay off for the remainder of the loan. The upsides are that interest rates are usually low and it is easy to get a loan approved for large amounts, thus enabling you to get the model of car you want.

Unsecured Auto Loans

These loans do not have any collateral mentioned, which means that once you purchase your car you can assume ownership of it immediately. Also, you are free to choose the kind of insurance coverage you want for your car. There is no possibility of an event where your car can be claimed or repossessed but the interest rates for unsecured auto loans can be relatively higher and approval processes might be a little more rigorous than those for secured auto loans.

We at Greater Central Texas Federal Credit Union can help you apply for a car loan in Killeen and deal with all the details. We can be contacted at (254) 690 – 227.