Safety and Soundness – Your Deposits are Insured by the NCUA
We know you may have some concerns with the economic uncertainty caused by COVID-19. We want to assure you that your money is safe with Wescom. Your deposits are insured up to $250,000 by the National Credit Union Association (NCUA). Plus, we hold ourselves to even higher standards than required by the NCUA. With more than $4.5 billion in assets, we are one of the most well-capitalized credit unions in the country. You can rest assured that we will be there for you when you need it.
Avoid COVID-19 Scams
As global news about COVID-19 circulates, we are seeing increases in fraud scams through email communications, social media, and commerce. It is important to know if we reach out to you, we will not ask you for confidential information such as social security numbers, personal identification numbers (PIN), passwords, or other account information.
Additionally, we encourage you to sign up for free Account Alerts in Online Banking to help you keep track of your finances via text message or email notifications. You can also visit our Security Center for more ways on how Wescom can help you keep your accounts safe.
Protecting Our Team Members
We are making flexible work arrangements for employees to work from home where possible. For those whose work requires them to be on-site, we have provided guidance to support social distancing, replaced in-person meetings with teleconference options, limited business travel, including travel between our various offices, and continue to maintain the highest standards of cleanliness in all our facilities. We have also expanded our leave policies to accommodate employee health circumstances created by COVID-19 and our team members will continue to be compensated.