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

How to Save Money?

Learning how to save money is one of the key components of financial literacy. It allows you to make the most out of your financial resources while encouraging you to take well-informed financial decisions. 

Let us explore some effective ways to build up your savings and a good credit score. 

  • Learn to Distinguish Between Wants & Needs - Be clear on your financial priorities and divide your income wisely. To make it more effective, learn to distinguish between wants and needs. Your needs include housing, transportation, electricity, insurance, gas, clothes, food, water, health and other household items. These are the recurring expenses and are essential for survival. Things that you buy for leisure, entertainment, fun like travel, expensive clothing, dining out, automatic subscriptions, memberships, etc. are considered as wants. To save money, keep your focus on the needs rather than overspending on the wants. Keep track of your monthly expenses; do not stress yourself and save a comfortable amount of your income. 
  • First Pay all the Debts - The first and foremost priority should be paying off all the debts while making small contributions to build up savings. Once you've paid off your debt, it will be more comfortable and convenient to save significant amount of your income.
  • Find Ways to Save on the Monthly Expenses - Find ways to save on recurring monthly expenses such as: investing in energy-efficient appliances. Managing lifestyle priorities also help in saving on monthly expenses.
  • Wise Savings & Investment Options - Explore various savings and investment options that have potential of higher returns, good interest rates, minimum risks and reliability.  
Insured by the National Credit Union Share Insurance Fund (NCUSIF), Greater Central Texas Federal Credit Union, Killeen offers a broad array of financial services. With various types of saving accounts like Share Account, Money Market Accounts, Christmas Club, Vacation Club, Certificates of Deposits and Individual Retirement Account and investment & lending options including New and Pre-Owned Vehicle Loans, Secured & Unsecured loans, Greater Central Texas Federal Credit Union strives to cater different financial needs and interests of our members.

Visit Greater Central Texas Federal Credit Union at 3305 E Elms Rd, Killeen, TX - 76542. You can also contact us by filling up the contact form available at www.gctfcu.net or call us: (254) 690 – 2274.
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GCTFCU Blog | Online Services Offered By A Credit Union in Killeen
Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

Online Services Offered By A Credit Union in Killeen

Along with financial assistance and lending opportunities, credit unions are committed towards providing a variety of services for the convenience of their members. With the advent of internet technology, credit unions are making progress by offering a variety of useful online services to save time and help members keep a tab on their financial status.

Online services offered by credit unions like Greater Central Texas Federal Credit Union in Killeen are:

  • Checking: The online checking accounts make it easier for members to conveniently manage their financial affairs on a day-to-day basis. Credit unions require a minimum daily balance to be maintained in the account and also charge a nominal monthly fee. However, there are no transaction charges. Members can sign up for E-Statements even with low minimum daily balance. They are also offered a free Debit Card and Overdraft Protection.
  • Savings: Credit unions offer online access to savings accounts such as a Share Account, Money Market Accounts, Vacation Club, Christmas Account, Certificates of Deposit and IRAs. To open any of these accounts, members are required to present 2 types of identification proofs i.e. social security card and a recent picture ID. In addition to this, a nominal amount is usually charged for opening the account.
  • IRA: Credit union members can opt for a Variable Rate Traditional or Roth IRAs. IRAs are beneficial for youngsters who are starting a career, couples, growing families and retired members. Online services have simplified the process of starting an IRA in a credit union or transferring an existing one to it.

Other Services Offered By Credit Unions
  • Payroll Deduction
  • MasterCard Cash Advance
  • Wire Transfer
  • Direct Deposit
  • ATM
  • Bill Pay
  • Regular Share Savings Account
  • Checking Accounts
  • Share Certificates of Deposit
  • Loan Services: New and Pre-Owned Vehicle Loans

Greater Central Texas Federal Credit Union offers a variety of online services to its members in Killeen. The online services include Checking Account, Savings Account and IRA. For further details on online services offered by credit union, visit 3305 E. Elms Rd., Killeen, TX – 76542. You can also call at: (254) 690 – 2274.

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