Loan Payment Options
Making your loan payment doesn’t have to be difficult. Choose from one of the following hassle-free, automated methods so your payment is made on time, every time.
- ACH Auto Deduction
ACH Auto Deduction authorizes us (GECU) to electronically collect your loan payment from a checking or savings account at another financial institution. Simply complete the "Recurring ACH Auto Deduction Loan Payment" form, sign, and return it to us. This method takes 2-3 weeks to establish.
- e-Transfer Automatic Payments
Transfer funds from a GECU account or from an account you own at another financial institution with e-Transfers in Online Banking.1
Enroll in Online Banking today! You will need your member number to enroll; contact us if you need further assistance.
- Payroll Deducted Payments
Your payments can be transferred from your GECU Share/Savings, or Share Draft/Checking, account on your payment due date. To set-up a payroll deduction, work with your Payroll Department and then notify us to set-up the payment transfer for you.
We also offer a Loan Payment by Credit/Debit Card Service
In addition, some members would like to make their loan payments with a credit/debit card from another financial institution. This service is available by phone or online, however, there are fees associated with this option. Click here for complete details about this loan payment option.
Would you like to make your payment using a non-GECU debit/credit card? Click here to get started.
Make A Payment By Credit or Debit Cardget started
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1e-Transfers: Transfers between GECU accounts are free. You can make eight (8) free transfers-in from an external account each month; then there is a $1.00 fee per transfer. There is a daily maximum of $5,000 for transfers-in. There is a $5.00 fee for each transfer-out, to an external account. There is a daily maximum of $1,000 for transfers-out. Outbound transfers are placed on a seven-day hold, which is automatically removed when the transfer processes.