Walton County Teachers Federal Credit Union (WCTFCU) is a not-for-profit financial institution serving the teachers and staff of Walton County, Georgia. Since 1961, WCTFCU has provided exceptional financial services to its members, with a focus on low fees, competitive rates, and personalized customer service.
In this article, we’ll take a closer look at WCTFCU’s history, membership eligibility, products and services, and online banking capabilities. We’ll also explore the benefits of banking with a credit union, and how WCTFCU stacks up against other financial institutions in the area.
A Brief History of Walton County Teachers Federal Credit Union
WCTFCU was founded in 1961 by a group of teachers and administrators who wanted to provide affordable financial services to their colleagues. Since then, the credit union has grown to over 2,000 members and has expanded its membership to include all employees of the Walton County School System, as well as their immediate family members.
WCTFCU’s mission is to promote thrift and provide access to credit at reasonable rates, while offering a wide range of financial services to meet the needs of its members. The credit union is governed by a volunteer board of directors and is insured by the National Credit Union Administration (NCUA), giving members peace of mind knowing their deposits are safe and secure.
Membership at WCTFCU is open to employees of the Walton County School System, as well as their immediate family members. This includes spouses, children, parents, siblings, grandparents, and grandchildren. Additionally, individuals who live or work in Walton County are also eligible to join.
Products and Services
WCTFCU offers a wide range of financial products and services to its members, including:
- Savings accounts: WCTFCU offers several types of savings accounts, including regular savings, Christmas Club, and Share Certificates (CDs).
- Checking accounts: Members can choose from several types of checking accounts, including basic checking, premium checking, and student checking.
- Loans: WCTFCU offers a variety of loan products, including personal loans, vehicle loans, home equity loans, and mortgages.
- Credit cards: Members can apply for a Visa credit card with competitive rates and no annual fees.
- Online banking: Members can access their accounts online 24/7 to check balances, transfer funds, pay bills, and more.
- Mobile banking: WCTFCU‘s mobile app allows members to bank on-the-go, with features like mobile check deposit, account alerts, and more.
- Other services: WCTFCU also offers services like wire transfers, direct deposit, notary services, and more.
Online Banking Capabilities
WCTFCU’s online banking platform allows members to manage their accounts from anywhere, at any time. With online banking, members can:
- Check account balances and transaction history
- Transfer funds between accounts
- Pay bills online
- Set up account alerts
- Deposit checks using their mobile device
- Apply for loans and credit cards
- And more
Online banking is a convenient way for members to stay on top of their finances, and WCTFCU’s platform is secure and easy to use.
The Benefits of Banking with a Credit Union
Credit unions like WCTFCU offer several benefits over traditional banks, including:
- Lower fees: Credit unions typically have lower fees than banks, which can save members money in the long run.
- Competitive rates: Because credit unions are not-for-profit, they can offer better rates on loans and savings products.
- Personalized service: Credit unions are often more community-oriented than banks, and can offer a more personalized banking experience.