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

Savings Account Benefits

24. August 2023 Administrator Blog (0)
A credit union savings account lets you securely store your money and earn modest interest. Credit union members run these cooperatives as owners and customers, emphasizing competitive rates. At Greater Central Texas Federal Credit Union, we are more than a financial institution - we are your financial success partners. Our diverse savings accounts, including IRAs, Club accounts, Share Certificates of Deposit, and Regular Share Savings, empower your financial future.

Following is a list of the benefits of opening a savings account with a credit union:

  • Interest Rates: Credit unions often provide competitive interest rates on their savings accounts. This means that your money can grow more quickly over time through earned interest. Take advantage of our competitive interest rates that help your savings flourish.
  • Fees: Credit unions generally have lower fees for their accounts and services. This can help you save money on things like account maintenance, ATM usage, overdrafts, transaction fees and more. Credit unions generally offer robust online and mobile banking platforms with features like bill pay, fund transfers, and account management with little to no extra charges.
  • Member Ownership: Being a member of a Credit Union gives you a sense of ownership and a say in the credit union's decisions, as well as potential voting rights for matters such as board elections.
  • Personalized Service: Credit unions often provide more personalized and attentive customer service. Since they are community-oriented and have a smaller customer base, they can focus on building stronger relationships with their members.
  • Community Focus: Credit unions are typically rooted in the communities they serve, and they often prioritize local needs and initiatives. By using the services of a credit union, you are supporting the local economy and community development.
  • Financial Education: Many credit unions offer free financial education resources, workshops, and seminars to help their members make informed financial decisions. This can empower you to manage your money more effectively.
  • Focus on Member Needs: Since credit unions are member-driven, they are more likely to focus on your financial well-being rather than maximizing profits.
  • Deposit Insurance: Our savings account provides peace of mind as the National Credit Union Administration (NCUA) backs deposits up to $250,000.
At Greater Central Texas Federal Credit Union, we are committed to providing you with the tools you need to achieve financial success. Our savings account is a powerful resource that combines security, growth, and accessibility - all while being tailored to your needs.

To know more about savings and investment options in Killeen, TX, you can visit Greater Central Texas Federal Credit Union at 3305 E. Elms Rd., Killeen, TX 76542, or call (254)690-2274. You can also browse our services at www.gctfcu.net or check out our social media profiles on Facebook, Twitter, Google Plus, and Instagram.
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GCTFCU Blog | Finding A Credit Union
Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

Finding A Credit Union

29. September 2018 Administrator Blog (0)
Credit union membership has myriad benefits such as great services, low fees, competitive rates and exclusive member discounts. When looking for credit unions, strive to look for the best and not just the most convenient one.

If you are keen on opening an account in a credit union but cannot decide on which one is the best for you, the following tips may be helpful in simplifying your search:

  • An Insured Credit Union: Pay attention to whether the credit union is insured by the Federal Deposit Insurance Corporation or by the National Credit Union Administration. 
  • Eligibility: Narrow down your search by looking for credit unions for which you qualify. This will save you a lot of time and energy. Examples of factors that will determine whether you qualify for the membership in a credit union are the town you live in, the organization for which you work, etc.
  • Research: Consult people you know to search for credits unions in your area for which you are eligible. Listen carefully to what they have to say about its working, customer service and other services. Choose a credit union with maximum number of satisfied members. 
  • Assess Your Needs: Finding the right credit union is not just limited to eligibility but to your needs too. Consider whether the services and products being offered are what you are interested in. Compare the interest rates of the credit union/s with that of other financial institutions. Strike a conversation with the staff and assess whether their vibe and way of dealing with customers matches your expectations. 
  • Online Resources: Using online resources like credit union locators for finding credit unions based on location and distance to produce quick and reliable results right from the comfort of your home. All you have to do is click on “detect my location” and within a few seconds the results will be on your smartphone, tablet or desktop.
  • Consider The Services Provided: If you belong to a specific group or community e.g. an employee of a specific company, a member of military or a resident of a particular community, look for a credit union that provides specific services that are oriented towards your group
  • Variety Of Financial Services: An ideal credit union is one which provides a wide plethora of services under one roof. Example of such services are credit and debit cards, auto loans, home lending services, savings programs, financial counselling, etc.
For more information, visit Greater Central Texas Federal Credit Union at 3305 E Elms Road, Killeen, TX 76542. You can also call at (254) 690 – 2274.

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