Services We Offer
Share Draft Program
The credit union will offer regular share draft to all regular share account holders in good standing. Organizational and commercial accounts may qualify. Direct deposit users are encouraged, Direct Deposit is not a pre-requisite.
All regulations and restrictions of a regular share account will apply to the share draft accounts.
A minimum of $100 is required to open a share draft account.
Share draft accounts are not investment accounts, therefore no dividends will be paid.
- Direct Deposit
- Stable employment
- Members must be 18 years old to open a share draft account
- Same criteria as that applying for a loan
Financial Products and Services |
Description |
Consumer Loans |
Secured (15%) and Unsecured (18% ceiling) |
Savings Account |
No annual fee, .50% interest, $25 minimum deposit |
Auto Loans (new) |
Low competitive rates, up to 120% of MSRP, 10% down payment required |
Auto Loans (used) |
Low competitive rates, 12% down payment, annual refinancing promotions |
Share Certificates |
$500 minimum Dividends pay every six months on accounts with minimum $50 balance. Variable terms 6 mths = .25%; 12 mths = .50%; 24 mths = .75%; 36 mths = 1.00% |
Share Draft (Checking) |
Linked to internet banking |
Secured Loans |
Direct deposit, share, payroll deductions, other collateral |
Overdraft Lines of Credit |
For share draft customers |
Direct Deposit (ACH) |
For members |
Discounted Auto Purchase Services |
Referral and underwriting service for members purchasing new and used autos. 123car.com and Auto Connection Plus |
Discounted Auto Insurance Brokerage and Referral |
1 to 1 for members receiving auto loans. Guaranteed Auto Protection (GAP) insurance |
Mortgage Loan Referral and Assistance |
Referrals to CUNA (Credit Union National Association) for low-interest mortgage terms for members with no origination fees |
Money Orders, Wire Transfers, Title Transfers, Cashiers’ Checks |
Miscellaneous relationship builders. No cost to members |
Virtual Credit Union Option |
Access to online internet teller service for members |
Notary Service |
Free to members maintaining minimum balance |
Pre-Loan Counseling |
Requirement for persons receiving loans from CU |
Post Loan Counseling and Troubled Debt-restructuring (TDR) |
Advice, counseling, and (sometimes) restructuring for delinquent clients |
Volunteer Income Tax Assistance (VITA) |
Free tax preparation for low income families. 50 client families per year. |
Credit Bureau of Greater Houston
