Health Savings accounts from GO Federal Credit Union

Are you searching for a Texas credit union offering a Health Savings Account? Look no further than GO Federal Credit Union. With this Dallas based credit union, each member receives unique benefits to suit their needs. Members gain access to GOFCU’s amazing products and services, unmatchable customer service, low fees, and better rates.

About Health Savings Accounts
GOFCU offers a Health Savings Account (HSA) that helps you save on medical expenses and earn dividends. These HSAs are specifically tailored to each member’s needs. They provide help to people with health insurance plans that have a high deductibles and pay for approved health care costs on a tax-free basis. An HSA can help pay for both current and future medical costs.

Any HSA funds that are unused after a year will roll over. This gives you the opportunity to increase your balance and help cover expensive medical costs in the future. The account follows you everywhere, even if you change jobs.

Opening an Account 
An account can be opened with a minimum deposit of $25. There is no service fee attached, and no minimum balance required in the account.

You can easily access your account with a VISA debit card, ACH, check, or a physical transaction with a teller at one of their branches. Enjoy the no service fee for point of sale transactions and free printed checks with your first order.

There are no transaction restriction amounts; however, each account holder must follow IRS regulations.

Account Benefits
With a Health Savings Account, you will be earning dividends annually when you have an average daily balance of at least $100. GOFCU provides monthly account statements so you can keep track of your spending and saving. 

Other Account Options
GO Federal Credit Union offers savings account options for every member. Each account comes equipped with time-saving features. You can easily earn competitive dividends while you are federallyinsured up to $250,000.

Federally insured by NCUA and Equal Housing Lender

4 Reasons to Open a Christmas Club Account

Jingle bells, jingle bells, jingle all the way to your local Dallas credit union and start a Christmas Club account. If you are wondering why, then let us introduce you to 4 reasons to open a Christmas Club account.

Deck the Halls Stress-Free

There is enough stress at Christmas time already, let’s not add anymore wondering how we are going to purchase all those presents. GO Federal Credit Union in Dallas allows all members the opportunity to become a part of the club. All you need to do is make an initial deposit of $5.00 into a club account. You can also make payroll deductions become deposits. Sit back and sip hot cocoa while dividends are paid monthly at this Dallas credit union.

Avoid getting Nuttin’ For Christmas

Christmas Club accounts at credit unions in Dallas such as GOFCU make it possible for all your loved ones to get a gift for Christmas by protecting you from yourself. If you place your savings in a piggy bank at home, you are more likely to pop the stopper and use the money for something else. When this happens, there is nuttin’ for Christmas.

Santa Claus is Coming to Town Without a Credit Card

Every year we do the same old thing. Put all Christmas purchases on the credit card and then spend the next year paying it off. Why? A Christmas Club account at your local GO Federal Credit Union can help you, and Santa leaves the credit card at home.

We Need a Little Christmas 

Everyone needs to experience a little Christmas joy! GO Federal Credit Unions in Dallas are helping do just that with the Christmas Club account. This account will allow you not to worry and enjoy Christmas. On November 1st, your funds are deposited directly into your share savings account. Letting you set aside funds easily is helping you, and yours have a little Christmas joy!

Federally insured by NCUA and Equal Housing Lender

Using Credit Unions for Mortgage Loans

Most people want to retire mortgage-free, and that means they want to avoid paying a monthly mortgage payment after they retire. Thankfully, a local Dallas credit union can help its customers retire mortgage-free by creating and adjusting a mortgage loan that fits into the long-term plans of each of their members.

A Dallas credit union like GO Federal Credit Union takes the time to understand the needs of their members first. They help their members through the pre-approval process and will also determine what size loan the member will qualify for. Helping members determine their budget in advance makes the home buying process much easier, giving members the confidence that the down payment and subsequent payments can be made without trouble.

Other Benefits of a Credit Union

Using GO Federal Credit Union for all of your Texas credit union loan needs is the right choice, because they provide the following benefits to their members:

● GO Federal Credit Union offers fixed-rate term rates up to 30 years and/or adjustable rates, ensuring that their members have all their bases covered when it comes to repaying their loan.
● CU Home Advantage is a service offered by GO Federal Credit Union to ensure members can take advantage of every single available discount. This means that a home can be sold, bought, or both, while saving money for its members.
● In addition, GOFCU mortgage calculators can help membersfigure out which loan amount works best for them by calculating the monthly payment, the benefits of making additional payments, and the savings they could realize based on how long they want their mortgage to last.

GO Federal Credit Unions in Dallas and surrounding areas offer flexible payment plans, competitive rates, and control over the entire mortgage loan process. This ensures that no matter where you are in the loan process or what you want to do with your home once you retire, you’ll have a solid plan that you can depend on no matter what life throws your way.

Federally insured by NCUA and Equal Housing Lender

Ways to Benefit from a Savings Account

When’s the last time you honestly used your savings account? Aside from putting extra money that you want to keep for a rainy day or emergency, it mostly just sits there. However, savings accounts from a credit union have several benefits that make them superior to other types of saving methods.

Benefits of a Savings Account:

Most savings accounts are very easy to liquefy, meaning that the money in the account can be easily withdrawn for cash, so saving accounts are often used as emergency funds to have money on hand when problems erupt. These emergencies can be either bad, like car accidents or medical bills, or good, like a surprise vacation or splurging on a gift for yourself.

Other benefits include:

• Keeping money separate from the checking account: As much as we all want to say that we can save money in our checking account, savings account can help us avoid overspending and keep our savings account growing.

• Earning interest: Savings accounts allow you to grow your money with interest over time, making your money work for you. Credit unions tend to offer higher dividends because they funnel their profits back to their members.

• Easy transfer between accounts: Either access your account online or through your mobile app, , money can be moved from checking  to savings and vice versa, allowing you to move your funds easily where you want them.

So, is your savings account actually helping you? A savings account at your credit union can maximize your money and help you can get a better handle on your funds to use your money much more effectively. 

Federally insured by NCUA and Equal Housing Lender

Top 5 Benefits of a Free Checking Account

Most banks charge a monthly fee to have a checking account. In most cases, this can total up to over $100 per year.  Most credit unions don’t! Getting a free checking account can give you the peace of mind that you get to keep your hard-earned money to yourself.
 
Make sure you get all the benefits your free checking account has to offer.

The Five Benefits

1.     Easy access to finances: Have you ever wanted to buy something, but just didn’t know if you had the money to spare in your account?  With a free checking account, checking your balance on your phone can be done in seconds, allowing you to move on with the purchase.

2.     Notifications: Security is very important in today’s world, and having notifications pop up when a large withdrawal has hit your account or when you have less than $100 in your account can keep you feeling secure that all your funds are where they should be.

3.     Support with other sites: Some websites like Paypal or Amazon allow you to use your debit card for purchases, and by having your checking account linked to those sites you can safely and securely follow your money.

4.     Overdraft protection: This feature ensures that you always have some money in your account by taking the extra money needed from a different account or your savings account to cover a purchase without any fees.

5.     Digital document protection: Everything from receipts to checks can be uploaded online and easily accessed so you can manage your finances.

Just because you have a free checking account from your credit union doesn’t mean that you don’t get any conveniences with that account.  Free checking accounts offer the same great conveniences and benefits as any other checking account that you have to pay a service charge for.  That is peace of mind worth every cent.

Federally insured by NCUA and Equal Housing Lender

Obtaining an Auto Loan is made Easier with GO Federal Credit Union

Buying a brand new car, whether it’s actually new or used, can be difficult. On top of figuring out what model of car you want, other factors to consider are the features, where exactly to buy it, and most importantly, the price. The most likely choice is to take out a loan, and the safest and most reliable way is by taking out an auto loan at a credit union. In Dallas, Texas, GO Federal Credit Union is there to assist customers to provide an easier car-buying experience.

When it comes to auto loans, two choices to make is either getting one through the bank, or through a credit union. The difference between the two is through their services. Banks are for-profit organizations that make money for their stockholders, while credit unions are not-for-profit institutions owned by their own members where they use their own earnings towards their members which include lower loan rates than you would find at a bank. Becoming a member and taking out an auto loan with a credit union is more beneficial.

Making a Clear Decision is Key

Credit Unions offer car buying services to help with the process.  Letting your credit union know what kind of car you want is important as they will work closely with car dealerships to find the exact car that you want to get, and at the best price. Things to consider would be:

·         The size and model of the car

·         What the car will be used for

·         What kind of safety features you are interested in

·         Fuel economy

·         Any other features that are important to you

Taking the Next Step

The most important decision of all, though, is the price range. Getting pre-approved is helpful for members. The credit union can supply cost information, find the best deal with the right dealer, provide the dealer’s information, and most importantly, provide a pre-approval letter. The pre-approval letter contains specific instructions that informs the dealer that the purchase of the vehicle will be through the credit union, and also protects their members from being coerced into other payment methods that are not beneficial.

Obtaining an auto loan at a credit union creates many benefits that far outweigh getting a loan anywhere else. Talking with a credit union first can pay off in the long run for members seeking flexible terms, lower rates and personalized service.

Federally insured by NCUA and Equal Housing Lender

Credit Unions: Improving the Lives of Others

Through Caring and Compassionate Customer Service One Person at a Time

We may have to look a little harder to find it, but chivalry is not dead and buried. Neither is caring and compassionate customer service. Simply head to your nearest GO Federal Credit Union and you will find:

• Sensitive ears that listen and hear
• Understanding eyes that see the big picture
• Intelligent brains that break down that big picture into smaller steps that solve problems and help members to prosper

In short, credit unions put their “members” first.

Credit Unions as Communities

Credit unions are member-owned, not-for-profit organizations improving the lives of others, one person at a time. Credit union employees are extremely passionate about assisting their members. What does this mean?

• Credit union employees devote themselves to putting their members first
• They go that extra mile when they listen and understand their member’s short- and long-term goals
• They avoid shortcuts and quick fixes because, in the long run, these never work for their members
• Credit unions put themselves aside when it’s necessary to help their member.
• A credit unions’ members are not numbers to tally
• A credit union puts together all heads to brainstorm and review possible options for a personalized plan to improve their member’s overall financial situation

All of the above, in turn, creates a better, more relaxed, more joyful life for the individual members of the community. Simply put, all of the above makes for a better overall financial partnership.

Attaining financial freedom is one of the absolute best ways to eliminate stress from life. Let your GO Federal Credit Union alleviate some of your stress today.

Federally insured by NCUA and Equal Housing Lender