Financial Soundness & Security
As a member-owner, know that your funds are safe and secure at Wescom Financial.
- Your deposits are insured to at least $250,000 by the full faith and credit of the National Credit Union Association (NCUA). To learn more about NCUA coverage, visit www.ncua.gov/consumers.
- Know that no one has ever lost a single penny of insured shared deposits within the credit union system.
- With more than $6 billion in assets, Wescom Financial is one of the largest Credit Unions in the nation. Our liquidity remains strong and we hold ourselves to even higher capital standards than required by the NCUA. Scroll to see our latest financials.
- For more than 90 years, and many economic cycles, Wescom has served the needs of its member-owners, and we plan to do so for the next 90-plus years and beyond.
- We use the latest technology to safeguard our members’ data, which are then monitored 24 hours a day, seven days a week by a team of security experts.
The Wescom Financial Story
Founded in 1934, Wescom Financial has been dedicated to helping Californians build better lives.
Now with 30 branches, we provide essential banking solutions to more than a quarter of a million members.
Over the years, we’ve never lost sight of the fact that we are member-driven. We were formed by our members,
we’re owned by our members, and we’re committed to serving our members.
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Banking With a Personal Touch
At Wescom Financial, we prioritize members over shareholder profits. Built to help Californians thrive, Wescom provides lower fees, better rates, top-rated mobile apps, and personalized banking, insurance, and wealth management solutions so that our members can thrive. In addition to being a better banking alternative, we help improve the lives of Californians by supporting community-based organizations through grantmaking and community engagement that are near and dear to our members and team members’ hearts.
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The Credit Union Advantage
Wescom is an award-winning Credit Union owned by its members — the people who use its services. As a Wescom member-owner, you get benefits such as lower loan rates, higher savings yields, reduced fees, and a robust network of branches and ATMs. Anyone from Central to Southern California can open an account and enjoy better banking with comprehensive financial services, including insurance and wealth management solutions.
Diversity and Values at Wescom Financial
As a financial cooperative founded by the principle of “people helping people,” we find it important to stay true to our roots as we continue to serve the needs of our more than a quarter of a million members throughout California.
Federally Insured and Regulated by the NCUA
Credit unions, like other financial institutions, are closely regulated and operate in a very prudent manner. The National Credit Union Share Insurance Fund, administered by the National Credit Union Administration, an agency of the federal government, insures deposits of credit union members at more than 11,000 federal- and state-chartered credit unions nationwide. Deposits are insured up to $250,000.
Federally Insured
by NCUA
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