749 Reasons to Switch to Direct Deposit with GCEFCU

Direct Deposits

Getting paid has never been easier, or faster. Our members that have direct deposit set up with us report getting their paycheck 1-2 days sooner than their co-workers. What’s even better? We can give you 749 reasons – one of them is winning $749.

We are offering our members the chance to win $749 in August, September, October, November, and December. During these five months, everyone that has their payroll check directly deposited into their Gulf Coast Educators FCU account will be entered into a drawing to win $749. A drawing will be held once a month until the end of the year. No purchase is required.*



Not signed up with Direct Deposit?

Not a problem. You can make the switch in no time at all with our Member Switch Kit. We try to make doing business with us as easy as possible. Click the button below to get started.












Gulf Coast Educators Federal Credit Union
749 Reasons to Switch to Direct Deposit Official Rules & Qualifications

  1. Eligibility: All Gulf Coast Educators FCU Members in good standing are eligible. No purchase or obligation necessary to enter or to receive any prize. Entrants must be legal U.S. residents and 18 years of age or older at time of entry in the sweepstakes. Prize is non-transferable. Sweepstakes is subject to all applicable federal, state and local laws and regulations and is void where prohibited bylaw.
  2. PROMOTIONAL PERIOD: The Sweepstakes dates are August 1 – December 31, 2017.
  3. TWO WAYS TO ENTER: 1: During the promotion period, eligible members who currently have their payroll check direct deposited to their Gulf Coast Educators FCU checking account will be automatically entered in the sweepstakes drawing to win a monthly grand prize of $749. 2: To enter the sweepstakes without signing up for direct deposit, clearly print your name, address, telephone number and the words “749 Reasons – Direct Deposit” Sweepstakes on a 3″ x 5″ card and mail the card to: 749 Reasons – Direct Deposit Sweepstakes, Gulf Coast Educators Federal Credit Union, 5953 Fairmont Parkway, Pasadena, Texas 77505. Entries must be mailed in order to be received by sponsor on or before the last day of each month in the sweepstakes deadline for the prize drawing. Sponsor is not responsible for misdirected, damaged, illegible, postage-due or incomplete entries not received by the deadline. Members may mail as many entry cards as they wish. MEMBERS WHO ARE ENTERED AUTOMATICALLY BY HAVING THEIR PAYROLL CHECK DIRECT DEPOSITED INTO THEIR GCEFCU ACCOUNT  AS DESCRIBED ABOVE AND MEMBERS WHO ENTER BY MAIL SHALL HAVE THE SAME ODDS OF WINNING.
  4. GENERAL CONDITIONS: By participating, you agree to be fully and unconditionally bound by these Official Rules & Qualifications, and you represent and warrant that you meet the eligibility requirements set forth herein. Decisions made by Sponsor are final. By entering the sweepstakes, you agree to be bound by the decisions of Sponsor and these Official Rules & Qualifications. You and your entries may be disqualified if you attempt to circumvent the Official Rules & Qualifications. The sweepstakes is subject to all applicable federal, state and local laws. Winners who are of legal age, by entering the sweepstakes, agree to grant the Sponsor the right to print, publish, broadcast and use, in any media including, but not limited to, the World Wide Web, at any time or times, their names and pictures for Sponsor’s advertising and promotional purposes without additional consideration. Further, by accepting a sweepstakes prize, winners agree to release Sponsor from any and all liability arising from acceptance, possession, use loss or misuse of the prize.
  5. DRAWING: Eligible entries automatically generated and those received by the deadline by mail will be eligible for a chance to win a $749 prize to be given at the end of each month during the promotion period. The monthly prize drawings will be held on the following dates at the Sponsor’s main office at 5953 Fairmont Parkway, Pasadena, Texas by 4:00 pm CST: September 5, October 4, November 3, December 4, 2017, and January 5, 2018.
  6. ODDS OF WINNING & TAX LIABILITY: Odds of winning depend on the total number of entries from individuals signed up with direct deposit and those received by mail by 5:00 pm CST on the sweepstakes deadlines. Need not be present to win. Prize winner is responsible for any and all applicable federal and state income taxes associated with the awarding of the prizes. Sponsor is required to file a 1099-MISC tax form in the name of the winner of the Grand Prize for the value of the prize. The cash value of the Grand Prize must be included on the federal tax return of the winner as taxable income. Please consult your tax advisor.
  7. GRAND PRIZE DESCRIPTION: Winner will receive a $749 in a cash deposit into their account.
  8. WINNER NOTIFICATION: Winner of the Grand Prize will be notified by telephone and/or e-mail and will be required to complete, sign and return a Sponsor-supplied Affidavit of Eligibility/Liability Release/Publicity Release form within 14 days of being informed they are the winner. Failure to do so will result in forfeiture of the prize and a new winner will be selected by random drawing from all eligible entries. Sponsor shall have no liability for the winner’s failure to receive notices due to winners’ spam, junk e-mail or other security setting or for winners’ provision of incorrect or otherwise non-functioning contact information. If the selected winner cannot be contacted, is found to be ineligible, fails to claim either a weekly or the Grand Prize within 14 days from the time an award notification was sent to winner, or fails to timely return a completed and executed declaration and releases as required, prize may be forfeited and an alternate winner selected.
  9. PUBLICITY: Each winner agrees to permit Sponsor to utilize his/her name and likeness in promotional and other Sponsor materials, without additional compensation or permission, except where prohibited by law.
  10. LIMITATIONS OF LIABILITY: Sponsor is not responsible for any injury, loss or damage or any other liability of any kind resulting from use of a prize won from Sponsor in this sweepstakes.
    The promotion and drawing are governed by these Official Rules & Qualifications and the laws of the State of Texas. Any dispute regarding the sweepstakes shall be resolved only in a state or federal court location in or near Pasadena, Texas.
  11. WINNER’S NAME: For the name of the monthly winners, send a stamped, self-addressed envelope to: 749 Reasons – Direct Deposit Sweepstakes, Gulf Coast Educators Federal Credit Union, 5953 Fairmont Parkway, Pasadena, Texas 77505. Requests for the list of winner’s names must be received by January 1, 2018.