WEPCO

Headquarters

P.O. BOX 157
Bloomington, MD 21523
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.20% →
1-Year CD N.A. 1.10% →
2-Year CD 0.85% 1.15% →
5-Year CD 1.51% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Wepco is an NCUA insured institution located in Bloomington, MD. It was founded in 1950 and has approximately $259.09 millions in assets.

Who can join?

You can enjoy all the benefits of WEPCO Federal Credit Union membership if you meet one of the following criteria:

• A current or retired employee of NewPage Corporation, Luke, Maryland, or
• Live, work, attend school, or worship in as well as a business or legal entity within Allegany and Garrett Counties in Maryland, or Mineral, Tucker and Preston Counties in West Virginia.
• You have an immediate relative who is a member of WEPCO Federal Credit Union or qualifies for membership. Immediate family is defined as spouse, child, sibling, parent, grandparent or grandchild. This includes stepparents, stepchildren, stepsiblings, and adoptive siblings. It also includes anyone residing in the same household maintaining a single economic unit.
• You are a current or retired employee/member of any other membership groups that WEPCO serves.

NCUA Insured Yes
Charter Number # # 6685
Date Established 1950
Assets $259.09 million
Loans $180.79 million
Deposits $230.27 million
Capital $27.88 million
 

Field of Membership Restrictions

Membership is open to current or retired employees of Verso Corporation, Luke, Maryland or live, work, attend school, or worship in as well as a business or legal entity within Allegany and Garrett Counties in Maryland, or Mineral, Tucker and Preston Counties in West Virginia.

Deposit Rates - August 3, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.35% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
24 Mo CD
0.85% $10,000 $14,999 Learn More
24 Mo CD
0.85% $100,000 $199,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.26% $10,000 $14,999 Learn More
48 Mo CD
1.26% $100,000 $199,999 Learn More
60 Mo CD
1.51% $10,000 $14,999 Learn More
60 Mo CD
1.51% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
2.02% $1 $499 Learn MoreShow Less

Loan Rates - August 3, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for WEPCO

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.930% 2.875% 0.75 $1,760 $1,038 Learn More
Rocket Mortgage
NMLS ID: 3030
3.368% 3.250% 1.00 $3,750 $1,089 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to WEPCO
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Wepco branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Wepco Locations


Financial Details

Wepco Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Wepco. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Wepco U.S. Average
8.57% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, Wepco had $2,245,736 in non-current loans and $282,050 in owned assets. To cover these potential losses it had $27,881,868 in net worth and $1,630,099 in loans loss reserves. That gives it a Texas Ratio of 8.57%.

Net Worth
Wepco U.S. Average
10.76% 13.61%

Wepco FCU has a net worth of 10.76% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Wepco

Branches and Savings

What is Wepco?

A federal credit union, registered with the NCUA under certificate #6685.
Learn more about credit unions here.

Is Wepco FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Wepco?

Please see Field of Membership information above for information on who is eligible to join.

What are Wepco's share account and share certificate rates?

Wepco's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Wepco?

Wepco has total capital of $27.88 million. Full information on Wepco's financial position is located above.

Who owns Wepco?

Credit Unions are owned by their members.

Where are Wepco branches located?

See branch locations nearby.

Are Wepco ATMs Open 24/7?

Do Wepco ATMs accept cash deposits?

Can Wepco customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Wepco have a mobile app?

Does Wepco have mobile deposit?

Does Wepco have quick pay?

How can Wepco transfer money to other banks or credit unions?

Does Wepco report to credit bureaus?

Does Wepco use Chexsystems?

Does Wepco use Equifax?

What is Wepco's toll free phone number?

What is Wepco's ACH Routing Number?

What is Wepco's SWIFT code?

Where can I find Wepco's wire transfer form?

What is the Wepco address for deposits?

What Products Does Wepco Offer

Does Wepco offer mortgages?

Compare mortgage rates here.

Does Wepco offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Wepco offer auto and RV loans?

Compare auto loan rates here.

Does Wepco offer student loans or personal loans?

Compare personal loan rates here.

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