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At Gulf Credit Union, we offer you a variety of checking options as a sign of our commitment to matching your financial needs with the convenient services we provide.


Share Draft Account

Our standard checking account is available to all members and features dividends that are compounded and paid on a quarterly basis. To qualify for a dividend, you must maintain a minimum daily balance of $500 in your account. This account requires a minimum $50 deposit to open.

Privilege Pay

Anyone can slip occasionally and make the mistake of an overdraft on their checking account. That’s why Gulf Credit Union offers Privilege Pay to cover you when the unexpected occurs. This account is a discretionary service designed to help prevent your insufficient funds items from being returned or declined. With Privilege Pay, we have the option to cover your overdrafts up to a set limit (including fees) if you inadvertently overdraw your account. This can save you the embarrassment and inconvenience of a returned or declined item and the added fees that are normally charged by merchants for items returned to them.

Accounts will be charged the standard Overdraft fee of $30 for handling each overdraft created by check, ACH, Point-of-Sale, ATM withdrawal, in-person withdrawal, or other electronic item that is paid and $30 for items returned. An overdrawn balance must be repaid within 35 days. We may not pay items under your Overdraft Privilege if you do not maintain your account in good standing by bringing your account to a positive balance within every thirty-five (35) day period for a minimum of 24 hours, if you default on any loan or other obligation to Gulf Credit Union or if your account is subject to any legal or administrative order or levy.

For more information please see Disclosures at the bottom of this page.

Senior Draft Account

We believe seniority should have its privileges, and that’s exactly what you get with a Senior Draft Account. Available to members age 55 or older, this account provides you with special privileges such as one free box of basic checks per year, and up to five (5) free cashier’s checks per visit.

For security purposes, we do not open accounts through an online application. To open an account, please visit the Gulf Credit Union location nearest you. Bring two forms of government-issued identification and at least the minimum amount of funds for the account(s) you wish to open.

Check Reordering

To re-order your checks, without any changes, you can order them online.

If you have any questions or concerns, or if you have any changes that you would like made for your check order, please contact one of our Member Service Representatives by dialing 409.963.1191.

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