Online Banking

Loan Resources

Loan Resources

Explore tools, tips, and answer all your loan questions in one place.

Our Loan Resource page is designed to help you understand your options and guide you through every stage of the borrowing process.

Loan Discounts

Our loan discounts help members lower our already low loan rates.

When you finance your loan with GCEFCU, you may qualify for additional loan rate discounts. These discounts can be combined to receive even more off your rate.

loan discounts
Discount Description Discount Rate
Credit Life or Disability Insurance Add Credit Life or Disability Insurance to your loan through the credit union and you may receive 0.25% off your APR*. 0.25%
Gulf Coast Educators Insurance Services, LLC If you have any type of insurance service through Gulf Coast Educators Insurance Services, you may qualify for a discount of 0.25% off your APR*. Insurance offered through Gulf Coast Educators Insurance Services, LLC. Funds should not be considered a deposit or guaranteed by GCEFCU. Funds are not insured by the NCUA or any federal government agency. 0.25%
Direct Deposit If you have at least 1 payroll direct deposit per month of $500 or more into your GCEFCU checking account, you may receive a discount of 0.25% off your APR*. 0.25%

*APR = Annual Percentage Rate. Rates and discounts are subject to change without prior notification. Other conditions may apply. Maximum loan discount is 0.75% for auto, boat, motorcycle, and RV/Travel Trailer loans, and 0.50% for personal loans and miscellaneous equipment loans.
 

Skip A Pay

Take a break from making loan payments and get some extra cash by skipping your loan payment(s) for one month.

Simply log into online banking, submit a Skip-A-Pay request, and we will advance the current due date on your loan by one month for $25 per loan, giving you plenty of extra cash.

You ARE Eligible If:

  • You are not negative, past due, or delinquent on any accounts or loans that you have with GCEFCU.

  • Your loan is eligible (Real Estate Loans, Term Loans, and Credit Cards are NOT eligible).

  • You have made 3 monthly payments or more to your loan already.

  • You made your loan payment for the month prior.

  • You haven’t skipped your loan payment or received 2 or more loan extensions already this year.

  • You have current insurance on your collateral loan.

  • You have made 3 payments within the last 90 days.

You Are NOT Eligible If:

  • You are negative, past due, or delinquent on any accounts or loans that you have with GCEFCU.

  • The payment you are trying to skip is for a Real Estate Loan, Term Loan, or Credit Card.

  • You haven’t made at least 3 monthly payments on your loan.

  • You skipped/deferred last month’s loan payment.

  • You have received 2 or more loan extensions during this calendar year.

  • You do not have current insurance on your collateral loan.

  • You have not made 3 payments within the last 90 days.

 
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Ways to Pay Your Loan

We promise to make it easy to do business with us, and paying your loan should be no different.

Below you will find our convenient payment methods for your loan.

  • Online Banking
    Transfer directly from your GCEFCU Savings or Checking Account within Online Banking.
    Processing Time: Immediately
    Fee: Free

  • In Person
    Stop by any of our locations to pay your loan in person. To view all locations and hours, click here. You can also visit any Shared Branching location to make your loan payment.
    Processing Time: Immediately
    Fee: Free

  • By Mail
    Pay your loan by mailing a check to our main office. Please do not mail cash. Mail to: Gulf Coast Educators FCU, 5953 Fairmont Pkwy, Pasadena, Texas 77505.
    Processing Time: Next Business Day
    Fee: Free

  • From Another Financial Institution
    Transfer money to your accounts at other credit unions or banks by adding them as an external account. Simply log in to online banking from your desktop computer and go to the SETTINGS section. Select the ACCOUNTS tab and click LINK AN EXTERNAL ACCOUNT. Once you have completed all of the steps, you can make transfers to and from your external account within the TRANSFERS section of online banking. There is no charge for this service, with the payments taking up to 5 business days to post.
    Processing time: 5 days
    Fee: $3, excluding cash deposits

  • With a Debit Card
    If you would like to make your loan payment online from another financial institution, you can use our Web Payment Center.
    Accepted Debit Cards: MasterCard, VISA, and Discover
    Processing time: 2 days
    Fee: $5

  • By Phone
    Pay your GCEFCU loan using a debit card from another financial institution by calling us at (281) 487-9333.
    Processing time: 2 days
    Fee: $10

 

Loan Payment Assistance

Life happens. We are here to help.

We understand that things happen in life, and sometimes you need a little help making your loan payments. If you find yourself in this situation, reach out to us. Our Member Solutions team will do whatever we can to help get you back on track. Here are a few resources that may help.

  • Loan Payment Options – View all the different ways you can make your loan payment.

  • Skip-A-Pay – See if you are eligible to skip your loan payment.

  • Payment Reminders – Set up loan payment reminders within Online Banking.

  • Ask For Help – If you are having trouble making your loan payment, let us know. Our team will work with you on finding the best solution possible. Fill out the form below or email membersolutions@gcefcu.org. You can also call the credit union directly and ask to speak with someone in Member Solutions by calling (281) 487-9333.

 

Terms & Conditions

Must have the $25 fee per loan in the account at the time of processing. Must be current on all accounts with the CU; excluding checking accounts that have not been negative over 30 days. To skip a payment on your auto loan, you must have current insurance on your vehicle. You cannot have received an extension the month prior to the skip a pay request. If you take advantage of the skip a pay, you will not be eligible for an extension the following month. Loans secured by Real Estate, Term Loans, Credit Card, Delinquent Loans, or loans that have already received 1 extension in the current calendar year are not eligible. If your loan is paid weekly, bi-weekly or semi-monthly, the agreement will allow you the “Skip-a-Pay” for two payments during the Skip-A-Pay month. New loans do not qualify for “Skip-a-Pay’s” unless three month’s worth of payments have been made. Interest will continue to accrue during the “Skip-a-Pay” period and that by electing to “Skip-a-Pay” the total interest charge will increase and extend the time required to pay my loan(s) in full based on my required minimum monthly payment. GAP may not cover skipped payments (refer to your GAP contract for details.)