Products and Services

Saving is made easy at the Greater Centennial Federal Credit Union (GCFCU) to help you achieve your financial goals.  At GCFCU we offer competitive share savings rates as well as both secured and unsecured loans.  Your savings are safe!  All member accounts are federally insured up to $100,000 by the NCUA (National Credit Union Administration), a U.S. government agency.

Share Savings Accounts
A share account is the basic GCFCU savings account, and opening one with as little as $5.00 establishes your membership in the credit union. (Note that a copy of a government issued id i.e. a driver’s license is also required for membership).  

Share accounts are tiered accounts, so you earn increasingly higher dividends as your balance grows.

Loan Products
Your credit union is here to help you.  We offer a variety of loans (personal, consolidation, secured, unsecured) and one of them may be just what you need.

Christmas and Vacation Club Accounts
Earn generous dividend rates for those special occasions to assure that you have the money available for those special circumstances.

Account Access

Deposits
Credit union members can make deposits to their accounts in a variety of ways: at the GCFCU office during operating hours; via a GCFCU envelope that can be given to any GCFCU board member; via the offering basket during service (indicating GCFCU on your offering envelope in the space marked other).

Withdrawals and Loans
Credit Union members can requests withdrawals and loans by calling the credit union office voicemail system (914)664-1838, Ext.165.

Account Statements
Credit Union statements are mailed out quarterly to all members

BALANCE Financial Fitness Program

Whether you’re hoping to minimize credit card debt or finance your child’s education, BALANCE is here for you.  In a world with so many financial obligations and options, it’s no wonder money management often seems overwhelming.  That’s why the GCFCU has partnered with a financial fitness program called BALANCE.  Through this partnership, you now have access to free financial counseling services.

Financial Counseling Services including Money Management Counseling, Debt Management Plan, Credit Report Review
(free to members)

Hazel Curtis Scholarship

The Hazel Curtis Scholarship was established to assist the young people who are part of the Greater Centennial Federal Credit Union community and are planning to attend college.  The scholarship was named to honor Hazel Curtis who was one of the founding members of the Greater Centennial Federal Credit Union; and for over 30 years she was the largest depositor for the credit union.

Criteria

The Hazel Curtis Scholarship is awarded to the person or persons scoring the highest on the Financial and Economic Literacy test which is administered by the Greater Centennial Federal Credit Union to all eligible applicants in May of each year.

Eligibility Requirements

• A member of the Greater Centennial Federal Credit Union
• Individual must be admitted/attending a college or university

Youth Investment Club

The Greater Centennial Federal Credit Union offers a dynamic youth investment club program. The foundation of which is based on accumulation and consistency for wealth-building and not a “get rich quick” club.

The Mission:  To empower our youth to be economically and financially self-reliant.

The Purpose:  To aid our youth in understanding the following:

• The value of money
• How to establish and use a budget
• The importance of saving
• The wisdom of investing
• How to access financial information
• Knowledge of and exposure to the contribution of African-Americans to the vitality of America
• Awareness and understanding of Biblical financial principles