Coastal Community Credit Union 1st Quarter 2022 Newsletter
Join Us For A Free HomeBuyers Seminar

Date: March 5, 2022
Time: 10:00 am – 12:00 pm
Light refreshments will be served.

Community FCU
2302 Church St. Galveston, TX 77550
409-765-6067opens phone dialer

House sitting away from road with green grass and blue sky

We now offer services in Galveston County who were not able to join a credit union. We have a lot to offer and know that everyone has choices when it comes to financial institutions. However, we pride ourselves on 2 items: Service and Convenience. The following are just a few services we offer:

Bags of money
Looking for relief from high-interest debt?!
Consolidate with a low-rate, DEBT CONSOLIDATION LOAN
Auto Loan as low as 2.74% APR*
Drive home serious savings with CCFCU!

Stop by one of our branches to apply or apply now!

White Volkswagen sedan driving on road
Coastal Community FCU Credit Card mockup
Fall into our Credit Card.
4.9% APR* Introductory rate for 12 months on all Balance Transfers.
  • No Balance Transfer Fees
  • No Annual Fees
  • No Cash Advance Fees
  • Same Rate for Purchases and Cash Advance
  • 8.9% APR after introductory rate
New Policy

The Board of Directors recently adopted a policy regarding member conduct. This new policy is available for inspection at our main office located at 2302 Church St., Galveston, TX 77550.

Friendly Reminder

Just a friendly reminder if a debit card is not used in a 120-day period the card will be closed due to inactivity.

How Credit Can Save the Day

The fact is that most predatory lending transactions begin with a financial emergency. a way to avoid the costly alternative lending cycle is to start saving and making strides toward credit building or rebuilding.

A great way to help bruised credit is by having something positively reporting to the credit bureaus. Financial institutions have a vested interest in credit building. Many offer credit building products such as secured loans where borrowers use their savings to secure a loan that reports to the credit bureaus. many times, as payments are made, the funds in the savings account are released.

Another great way to build credit is through a secured credit card. Secured credit cards require a security deposit to establish an equal (or sometimes more) credit limit. A consumer can use this card as an “audition” for an unsecured credit card. There are a few rules that will ensure credit-building success with a secured credit card.

    1. Use your card every month. On-time payments matter most in calculating credit scores, and no payments are required on zero balances.
    2. Wait for the statement to pay off small balances. Payments made between billing cycles may or may not be reported to the credit bureaus. The credit card company should be able to give you the details on how and what is reported.
    3. Keep balances low. Using less than 10% of credit limits at all times is ideal, but using up to 30% will still allow or credit building.
    4. Always pay on time! Missed payments can derail a credit-building strategy, but on-time payments will build credit.
    5. Form a strategy for using credit. It is harder to control when we don’t plan. A simple strategy like paying a small bill that is the same amount every month, like a streaming service, is a great way to build credit without stretching the budget.
Money falling on top of computer sitting on desk with coffee cup near by
Check out our Bill Pay

Take advantage of the many features CCFCU offers!

Bill Pay

  • Pay Bills electronically
  • Save time and money
  • Accessible online from any computer
  • Available anytime
  • Set up payment reminders
  • Arrange advance payments

Online Banking

  • Access accounts online
  • Available anytime
  • Easy to use
  • Securely encrypted information
  • View account balances and details
  • Free monthly electronic statements
  • Account history