Whatcom Educational Credit Union (WECU) Review, 2019

See how WECU's interest rates stack up against the national average.

Published August 30, 2019

Advertising Disclosure

Whatcom Educational Credit Union, better known as WECU, is a not-for-profit cooperative based in Whatcom County, Washington.

Rates current as of August 28, 2019.

WECU savings account rates

Deposit account interest rates are calculated as an annual percentage yield, or APY.

Product NameAPYDividend RateCompounding RateEquivalent
Savings0.75%0.75%QuarterlySavings account
Summer Savings0.75%0.75%QuarterlySavings account
Education Savings0.75%0.75%QuarterlyCoverdell ESA
Health Savings0.15%0.15%QuarterlyHSA
IRA Savings0.75%0.75%QuarterlySavings account in an IRA

Savings account rates national average

ProductAverage Interest Rate, BanksAverage Interest Rate, Credit Unions
Regular savings account, $1,000 deposit0.20.17
Money market account, $2,500 deposit0.260.37
Interest checking account, $1,000 deposit0.140.12

National averages are from S&P Global Market Intelligence as reported by the NCUA. Last updated June 28, 2019.

WECU CD rates

Product NameAPYDividend RateCompounding RateEarly Withdrawal Penalty
Six-month Savings Certificate0.80%0.80%Quarterly90 days' dividends
12-month Savings Certificate1.45%1.44%Quarterly180 days' dividends
18-month Savings Certificate1.65%1.64%Quarterly180 days' dividends
24-month Savings Certificate2.10%2.08%Quarterly180 days' dividends
30-month Savings Certificate2.25%2.23%Quarterly180 days' dividends
36-month Savings Certificate2.30%2.28%Quarterly180 days' dividends
48-month Savings Certificate2.25%2.23%Quarterly360 days' dividends
60-month Savings Certificate2.45%2.43%Quarterly360 days' dividends

Learn more about CDs.

CD rates national average

ProductAverage Interest Rate, BanksAverage Interest Rate, Credit Unions
Three-month CD, $10,000 deposit0.440.58
Six-month CD, $10,000 deposit0.690.95
One-Year CD, $10,000 deposit1.111.42
Two-Year CD, $10,000 deposit1.361.75
Three-Year CD, $10,000 deposit1.521.95
Four-Year CD, $10,000 deposit1.632.14
Five-Year CD, $10,000 deposit1.872.38

National averages are from S&P Global Market Intelligence as reported by the NCUA. Last updated June 28, 2019.

WECU checking accounts

Product NameAPYDividend RateCompoundingMinimum Opening BalanceMinimum Daily Balance
Regular Checking0%0%NA$0$0
Check Plus0.10%0.10%Monthly$0$1,000
Money Market Checking0.25%0.25%Monthly$2,500$2,500
SafeCard Checking0%0%NA$0$0

Learn more about the difference between checking and savings accounts.

Calculate your savings

Use our simple savings calculator to see how much you can save.

WECU fees and how to avoid them

Fee TypeAmountHow to avoid
Check Plus monthly fee$5Maintain a minimum balance of $1,000 or more
SafeCard Checking fee$4NA
Non-WECU ATM Fee$0.50 per transactionFirst five per month are free
Monthly maintenance fee$0NA

Home loans at WECU

Whatcom Educational Credit Union offers the following types of home loans:

Mortgage calculator

Before you shop for home loans, try the Policygenius mortgage calculator to estimate how much your monthly mortgage payment will be.

Other WECU products

Loan and credit interest is calculated as an annual percentage rate, or APR.

WECU credit cards

Credit Card NameAPRAnnual Fee
WECU Choice Visa Credit Card10.40% - 20.40%$0


Loan TypeAPR
Auto Loan3.740% - 20.240%
Truck Loan3.740% - 20.240%
Boat Loan6.740% - 16.240%
RV Loan5.190% - 11.290%
Motorcycle Loan3.890% - 21.240%
Secured Loan7.990% - 18.490%
Personal Loan4.990% - 19.990%

More info about WECU

WECU is insured by the National Credit Union Administration (NCUA) for up to $250,000 per account per person.

Fast Facts
Routing Number325180113
Branch Locations13
ATM Locations20

WECU holiday hours in 2019

New Year's DayTuesday, January 1, 2019
Martin Luther King Jr. DayMonday, January 21, 2019
Washington's BirthdayMonday, February 18, 2019
Memorial DayMonday, May 27, 2019
Independence Day (Fourth of July)Thursday, July 4, 2019
Labor DayMonday, September 2, 2019
Columbus Day (Indigenous Peoples Day)Monday, October 14, 2019
Veterans DayMonday, November 11, 2019
ThanksgivingThursday, November 28, 2019
Christmas EveTuesday, December 24, 2019
Christmas DayWednesday, December 25, 2019

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