Wescom Central Credit Union CD Rates

Wescom Central Credit Union, based out of Pasadena, California is the 15th largest credit union in the country in terms of membership (roughly 340,000 members) and 22nd largest in terms of assets (roughly $3.4 billion).

Wescom Central Credit Union was founded in 1934. At their beginning just 13 individuals pooled $65 to create an alternative to the banks. Now, with 29 branches and more than $2 billion in assets, Wescom Credit Union has become the essential banking alternative for nearly 300,000 members.

Wescom Credit Union is now one of the largest credit unions in the country. A nonprofit financial cooperative, our members are our owners — which means that excess earnings benefit our members, not a small group of shareholders. As a member-owner, you enjoy benefits such as lower loan rates, higher savings yields, reduced fees and an ever-expanding network of branches and ATMs.

Its deposit accounts offer dividends with great interest rates. You can open a certificate of deposit account ranging from 3 months to 2 years and earn the following interest rates:

- 3 month Certificate will provide an interest rate of 0.25% APY with a minimum deposit of $500 required.

- 6 month Certificate will provide an interest rate of 0.35% APY with a minimum deposit of $500 required.

- 12 month Certificate will provide an interest rate of 0.55% APY with a minimum deposit of $500 required.

- 18 month Certificate will provide an interest rate of 0.65% APY with a minimum deposit of $500 required.

- 24 month Certificate will provide an interest rate of 1.00% APY with a minimum deposit of $500 required.

Features:
@ The above rates have been noted as on 10 March, 2010.
@ Penalties apply for early withdrawals.
@ Your funds are insured by NCUA up to $250,000.

A minimum deposit of $500 is required for the CD accounts.

Contact Info:

Phone: 1-888-493-7266

Website: www.Wescom.org

address:

Wescom Credit Union
P.O. Box 7058
Pasadena, CA 91109-7058