Loan Discounts
1. Credit Life or Disability Insurance Discount – Add Credit Life or Disability Insurance to your loan through the credit union and you may receive 0.25% off your APR*.
2. Gulf Coast Educators Insurance Services, LLC Discount – If you have any type of insurance service through Gulf Coast Educators Insurances 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 Gulf Coast Educators Federal Credit Union. Funds are not insured by the NCUA or any federal government agency.
3. 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*.
4. Extended Warranty Discount – GCEFCU offers several vehicle protection plans to add to your loan. If you add an extended warranty through the credit union, you can receive 0.25% off your APR*.
5. Auto Pay – If you elect to have your loan payment set up with auto pay, you can receive 0.25% off your APR*.
| DISCOUNT | DESCRIPTION | DISCOUNT |
| 1 | Credit Life or Disability Insurance | 0.25% |
| 2 | Gulf Coast Educators Insurance Services, LLC Discount | 0.25% |
| 3 | Direct Deposit | 0.25% |
| 4 | Extended Warranty | 0.25% |
| 5 | Auto Pay | 0.25% |
| Maximum discount is 1.00% for Auto, Boat, Motorcycle, and RV/Travel Trailer loans, and 0.75% for personal loans. |
Loan Rates
Your credit union offers a wide range of consumer loans to meet all of our members’ needs. Our members can borrow with confidence that they are going to get a great rate with expert service. For mortgage rates, please contact one of our Real Estate Loan Officers.
Loan Payment Options
We promise to make it easy to do business with us and paying your loan should be no different. You’re sure to find a choice that’s right for you.
Disclosures
*APR = Annual Percentage Rate. Actual rates may vary based upon credit qualifications and are subject to change without prior notification. Maximum discount is 1.00% for auto, boat, rv, and motorcycle loans, and 0.75% for personal loans. Payment Example: 60 monthly payments of $22.88 per $1,000 borrowed at 13.24% APR. Auto loans may receive a rate of 4.24% APR with a 3 year or less term with maximum discount. Gulf Coast Educators Insurance Services, LLC Discount is for insurance offered through Gulf Coast Educators Insurance Services, LLC. Funds should not be considered a deposit or guaranteed by Gulf Coast Educators Federal Credit Union. Funds are not insured by the NCUA or any federal government agency.
