2021 Appreciated Teacher of the Year

2021 Appreciated Teacher of the Year – We received 1,300 nominations for educators all over the state of Texas for our 2021 Appreciated Teacher Awards. Five finalists were picked, and the public submitted their votes. The 2021 Appreciated Teacher of the Year will be announced the week of May 17, 2021. Click the button below to view the finalists.

$250 Cash Back on Auto Loans

There has never been a better time to buy a car or refinance your existing one. This summer we are paying YOU $250 when you finance your vehicle loan with us, plus so much more. You can even give your wallet a break this summer & skip your first 3 payments. Check out all the exclusive savings you can combine to get the best deal possible.

• ✔ $250 Cash Back. on any new, used, or outside refinanced auto loan over $15,000.
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• ✔ $500 Credit Card Approval. when you finance your vehicle or refinance an auto loan from another lender that is over $15,000. See available credit cards here.
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• ✔ Skip Your Loan Payments. for the first 3 months and during Skip-A-Pay promotions twice per year.
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• ✔ Up to 1.00 % APR* Discount. off your auto loan rate. See discounts available here.

Get Pre-Approved for Peace of Mind

Start and finish your auto loan all online. Whether you are buying a new or used vehicle, or refinancing your current one, you can complete the entire process all from your computer or mobile device. If you haven’t found the right car yet, we can help you get pre-approved so you can shop with confidence and peace of mind. Our team is here to help.
 

*NEW* Texas Educators Rewards Credit Card

0% APR* for the first 6 months and earn 5x points during Teacher Appreciation Week

The Texas Educators Rewards Credit Card is now available! At Gulf Coast Educators FCU, we strive to help school employees every day, both in the classroom and at home. We surveyed thousands of educators across the state of Texas, and based on your feedback, we’ve created the perfect teacher credit card. See all the great benefits below.

• ✔ 0% Interest Rate. for your first 6 months, with a fixed rate as low as 6.99% APR* after that
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• ✔ Earn Rewards. for every dollar you spend
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• ✔ No Fees on Cash Advances. done at a GCEFCU branch
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• ✔ No Balance Transfer Fees. on any previous credit card debt you’d like to transfer to your new GCEFCU credit card
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• ✔ No Annual Fee. or application fee
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• ✔ Apply Online. and we’ll mail your card straight to you, or you can pick it up from any GCEFCU location

Teacher Mortgage – More Perks!

If you are a teacher or school employee looking to buy a home, you are in luck. With a Gulf Coast Educators FCU Teacher Mortgage, you can finance your new home up to 103%, with no down payment or PMI required. To see if this conventional mortgage loan is the right fit for you, check out the qualifications below.

• ✔ Occupation:. At least one applicant must be a current teacher or school employee for at least 2 consecutive years in a Texas school district.
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• ✔ Credit Score:. All applicants must have a credit score of 680 or higher.
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• ✔ Loan Limit:. Mortgage loan limit of $250,000 for individuals or $400,000 for joint applicants.
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• ✔ DTI Limit:. 43% debt-to-income (DTI) limit.
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• ✔ Down Payment & Closing Costs:. No extra cash for a down payment or closing costs is required. You can finance your home up to 103%, using the extra 3% to cover your closing costs.

Discounts & Promo Codes

Teachers work hard all year long, and they should feel appreciated all year long, too! We’ve compiled a list of all the freebies and discounts different businesses offer teachers during Teacher Appreciation Week and all year long. Check them out by clicking the button below.
 

Teacher Appreciation Week Giveaways

To show our thanks for all that you do, we will be giving away gift cards, teacher baskets, and more on our social media channels every day during Teacher Appreciation Week. Be sure to follow us @GCEFCU so you don’t miss out on any of the daily giveaways. Click any of the icons below to be directed to our pages.

Disclosures

Texas Educators Rewards Credit Card – Earn 5x Points During Teacher Appreciation Week – *APR=Annual Percentage Rate. Texas Educators Rewards Credit Card is only available to school employees within the state of Texas. 0% APR* on all new purchases and balance transfers to a new GCEFCU credit card for six months, beginning from the date of opening your card. After six months, your rate will convert to a standard APR* of 6.99% – 18.00% APR* based on your credit score. Credit qualifications apply. Use your Texas Educators Rewards Credit Card May 3-9, 2021 and all purchases will earn 5x points.

0% Interest Rate for Your First 6 Months with a GCEFCU Credit Card – *APR=Annual Percentage Rate. 0% APR* on all new purchases and balance transfers to a new GCEFCU credit card for six months, beginning from the date of opening your card. After six months, your rate will convert to a standard APR* of 6.99% – 18.00% APR* based on your credit score. This offer does not automatically approve you for a GCEFCU credit card. GCEFCU reserves the right to cancel this promotion at any time, for any reason.

Teacher Mortgage – To apply for a Teacher Mortgage Loan at least one applicant must be a current teacher or school employee for at least 2 consecutive years in a Texas school district. All applicants must have a credit score of 680 or higher and a 43% debt-to-income limit. Maximum loan amount is $250,000 for single applicants and $400,000 for joint applicants. Applicants may finance up to 103% LTV. Additional 3% is to be utilized for closing costs only – No cash back and no “coverage” for a lower appraised home permitted. This program is intended for primary residences within the state of Texas only, not vacation homes or investment properties. Other conditions may apply.

Loan Discounts – *APR=Annual Percentage Rate. Maximum discount is 1.00% for auto loans, 0.75% for boat, motorcycle, and RV loans, and 0.50% for personal loans.

No Payments for 90 Days – Deferment is NOT available on loans already financed with Gulf Coast Educators FCU. Your rate will be based on the term of your loan and creditworthiness. Interest will continue to accrue during the deferral period and by electing to defer your car payments, the total interest charge will increase and extend the time required to pay your loan in full based on your required monthly payment. GAP insurance may not cover skipped payments.

Discount Tickets – Not valid with any other offers or coupons. All prices subject to change without notice. Tickets are non-refundable. GCEFCU not responsible for errors or omissions.

Skip-A-Pay Disclosure: There must have been 3 monthly, 6 semi-monthly or 6 bi-weekly payments made on a loan to qualify. 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, or for the next available Skip-A-Pay promotion. The credit union allows a maximum of 2 extensions/skip a pays per year per loan if the loan qualifies. Request must be submitted a minimum of 1 week in advance of loan due date. Loans secured by Real Estate, Term Loans, Credit Card, 12-12-12 Loans, or Delinquent Loans 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 selected month that you choose. New loans do not qualify for “Skip-a-Pay’s” unless three month’s worth of payments have been made.

$250 Cash Back Disclosure: Auto loans financed with Gulf Coast Educators FCU between May 3, 2021 – July 31, 2021 and meet the following qualifications will receive $250 cash back. Loan must be a new or used auto, or outside refinance. Credit Union InDirect Lending (CUDL and CUAC) loans, and any other 3rd party loans, not eligible for rebate. Purchase of a new or used car must be from a franchise dealership. This promotion is effective 05/03/2021. Refinancing of existing GCEFCU Auto Loans not eligible. Minimum loan amount must be $15,000 or greater. Loans funded before or after the promotional dates of May 3, 2021 through July 31, 2021 do not qualify. The $250 cash back bonus will be deposited into the primary borrower’s primary savings account once the loan is funded. Co-borrowers and joint applicants do not qualify for the $250 cash back. GCEFCU reserves the right to cancel this promotion at any time for any reason. Offer expires July 31, 2021.

$500 Credit Card Approval Disclosure: Members who finance an auto loan with Gulf Coast Educators FCU between May 3, 2021 – July 31, 2021 and meet the following qualifications will receive a guaranteed $500 credit card approval with the funding of the collateralized loan. Loan must be a new or used auto, or outside refinance. Credit Union InDirect Lending (CUDL and CUAC) loans, and any other 3rd party loans, not eligible for rebate. Purchase of a new or used car must be from a franchise dealership. This promotion is effective 05/03/2021. Refinancing of existing GCEFCU Auto Loans not eligible. Minimum loan amount must be $15,000 or greater. Loans funded before or after the promotional dates of May 3, 2021 through July 31, 2021 do not qualify. Guaranteed credit card approval is for the primary borrower only and not applicable to co-borrowers or joint applicants. Proof of credit and/or income will not be required as long as the auto loan is funded prior. Member must not already have a current GCEFCU credit card account. GCEFCU reserves the right to cancel this promotion at any time for any reason. Offer expires July 31, 2021.