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 $25 or more into your GCEFCU checking account, you may receive a discount of 0.25% off your APR*.

DISCOUNTDESCRIPTIONDISCOUNT
1Credit Life or Disability Insurance0.25%
2Gulf Coast Educators Insurance Services, LLC Discount0.25%
3Direct Deposit0.25%
Maximum discount is 0.750% for Auto, Boat, Motorcycle, and RV/Travel Trailer loans, and 0.50% for personal loans.

* APR = Annual Percentage Rate.