FAQ | Gulf Coast Federal Credit Union

FAQs

How do I join Gulf Coast Federal Credit Union?

Joining Gulf Coast Federal Credit Union is easy. Simply bring in $7.50 to anyone of our convenient branch locations. $5.00 must stay in the share account (savings) at all times to keep the account open and the $2.50 is a one time membership fee. To open a share draft (checking) you just need $25.00 to open the account, but after that there is no account balance minimum, this is all part of our fee free share draft (checking). You must open a share account to be eligible to have a share draft account.

Can my family members join the credit union?

Yes. Any member of your immediate family can become members.

How do I add/remove a joint member to/from my account?

To add a member you will need to complete a new signature card which you and the joint member sign where indicated. To remove a joint member, the joint member must complete a form requesting removal from the account, or the account can be closed and a new account established.

How do I change my address or other contact information with Gulf Coast Federal Credit Union?

To notify us of a change in mailing address, telephone number and/or email address, you can call 361.980-8203 or toll-free at 800.881-5991. You can also stop in at any one of our convenient branch locations

How do I change my payroll deduction?

Payroll deduction is an agreement between you and your employer. See your HR department for more information.

How do I set up direct deposit?

Our Member Service Advisors have all the necessary forms. If you wish, they will be happy to fill them in for you. All you have to do is tell them how you want your money distributed and sign your name. We take care of the rest.

If I use direct deposit, how will I be able to keep track of my money?

Your check stub from your paycheck is your permanent record. Also with online banking or Call 24, you can check your balance at any time.

Is there a charge for direct deposit?

This service is free to all of Gulf Coast Federal Credit Union members.

How do I apply for a loan?

First time borrowers need to complete a loan application.

How long do I have to be a member before I can apply for a loan?

You may apply for a loan as soon as you become a member. There are no membership time requirements for loan qualifying. Non-Members may apply online “if you live, work, worship, or attend school in Nueces, Jim Wells or San Patricio counties.”

What does the credit union look for when determining loan approval?

At Gulf Coast Federal Credit Union, approval is based on credit history, debt ratio, and ability to repay.

Kasasa Cash Back Disclaimer

Qualification Information:

Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards.

“Monthly Qualification Cycle” means a period beginning one (1) day prior to the first banking day of the current statement cycle through one (1) day prior to the last banking day of the current statement cycle.

Contact one of our member service representatives for specific Monthly Qualification Cycle dates.

Reward Information:

When Kasasa Cash Back qualifications are met during a Monthly Qualification Cycle, you will receive 3.0% cash back on up to a total of $300 debit card purchases that post and settle to the account during that cycle period. A maximum of $9 cash back payments may be earned per Monthly Qualification Cycle.

You will receive reimbursements up to an aggregate total of $25 for nationwide ATM withdrawal fees incurred within your Kasasa Cash Back account during that Monthly Qualification Cycle. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction. NOTE: ATM fee reimbursements only apply to Kasasa Cash or Kasasa Cash Back transactions via ATM; Kasasa Saver ATM transaction fees are not reimbursed nor refunded.

When your Kasasa Cash Back account qualifications are not met, no cash back payments are made and ATM withdrawal fees are not refunded.

Cash back payments and nationwide ATM withdrawal fee reimbursements will be credited to your Kasasa Cash Back account on the first processing/business day of the following statement cycle.

Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account’s rewards. Rewards less than a penny cannot be distributed.

Additional Information:

Membership restrictions may apply.

Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.

$5 minimum balance is required per savings account. $25 minimum deposit required per checking account. $2.50 Membership Fee.

There are no recurring monthly maintenance charges or fees to open or close this account.

Advertised information and rewards are based on all account qualifications being met during each cycle period.

Contact one of our credit union service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.

Federally insured by NCUA

Trademarks:

Kasasa and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.