Wescom Central Credit Union is a credit union and financial services company that serves Southern California. It has over $3 billion in total assets and more than 300,000 members. It currently has 42 branch locations, both stand-alone offices and branches inside of grocery stores.
The History Of Wescom Central Credit Union
The Wescom credit union was founded as Telephone Employees Credit Union in 1934 by thirteen individuals who wanted to make an alternative to banks. In 1996, the credit union has changed its name to Wescom Credit Union, typically shortened to Wescom. It primarily served the telecommunications industry until the year 1999. Its field of membership was expanded to allow anyone working, living, or going to school in Riverside, San Bernardino, Los Angeles, Orange, and Ventura counties to join Wescom.
The county of Santa Barbara was added to Wescom’s field of membership in 2004, and the San Diego County was added in 2005.
Wescom Central Credit Union Services
Wescom Credit Union has these services offered:
- Savings Accounts, Checking Accounts, Money Market Accounts, Certificates, IRAs, Kids Clubs
- Auto Loans
In 1934, thirteen individuals pooled $65 USD to create an alternative to the banks. Now, with 29 branches and over $2 billion USD in total in assets, Wescom Credit Union has become the vital banking alternative for close to 300,000 members.
Wescom Credit Union is now one of the biggest credit unions in the country. A nonprofit financial cooperative, the members are the owners — which means that excess earnings benefit the members, and not a small group of shareholders. As a member-owner, each one enjoy benefits such as lower loan interest rates, higher savings yields, reduced fees and the continuous expansion of ATM network and branches.
Wescom Credit Union Friendly Service
Wescom’s service is just one of the many great things that make it different from any typical banking experience. Whether you come into any of its branches, call their Member Service Center, or visit them online, they go above and beyond to make sure they are meeting your needs.
How? By offering financial services with better rates on everything from deposits to auto or home loans, free online bill paying, financial planning, and investments. By developing technological innovations that provides anytime, anywhere account access. By encouraging you to know how Wescom Credit Union is doing, and how it can better meet your needs; and by providing the friendly and personal attention that makes Wescom Credit Union unique.
It is Easy To Join and Become a Member Of Wescom Central Credit Union
Anyone in Los Angeles, San Bernardino, Orange, Riverside, and Ventura counties can open a Wescom Credit Union account. Wescom Central Credit Union invites you to experience banking that you just can not get at a bank. If you want further information on WCU then please visit their official homepage.