America's Credit Unions
America’s Credit Unions is the national association that advocates on behalf of America’s credit unions and works to protect their interests in D.C. and all 50 states.
The Difference Between Credit Unions and Banks
Discover how WECU prioritizes people over profit and why choosing a credit union over a bank matters for your financial future.
A little about credit unions.
Credit unions are not-for-profit organizations that exist to serve their members. Like banks, credit unions accept deposits, make loans, offer credit cards and provide lots of other financial services. But as member-owned cooperatives, credit unions exist to serve you, not to generate profits for shareholders. As a not-for-profit cooperative, every decision we make is driven by our members' best interests, not Wall Street.Credit Unions vs. Banks: Key Differences
What makes WECU different?
When you join WECU, you become part-owner, giving you a voice in how we operate. You can vote for our volunteer Board of Directors and share feedback that helps shape our products and services. If you live, work, worship, or attend school in Washington State, or have a majority-owned and operated business within the state, you can join WECU.
Member-Owned
Your membership gives you ownership and a vote in our leadership. Be part of something bigger.
Mission-Driven
Our goal is to make a meaningful difference in your life, not maximize profits. Connect with friendly and helpful experts.
Community-Focused
We support local nonprofits, invest in financial education, and work to build stronger communities.
Rewards
Earn rewards for checking, saving, using your cards, and having WECU loans. Redeem for cashback and more.
Why do credit unions matter?
Credit unions are built to serve people, not shareholders — and that difference is worth protecting. Credit unions play a vital role in promoting financial well-being. Across the country, they help individuals and families access affordable banking services while reinvesting in the communities they serve. At WECU, we advocate at the state and federal level to ensure credit unions remain a viable, member-focused alternative to big banks. Every year, we work to protect the cooperative model that helps our members thrive.Learn more about Credit Unions
Whether you're new to the concept or considering switching from a traditional bank, understanding how to choose the right credit union is essential for your financial well-being. These resources can help you learn more!
Impact of Washington State Credit UnionsWECU's Community Impact Report
GoWest Credit Union Association
GoWest Credit Union Association represents more than 175 credit unions in Idaho, Oregon, Washington, Alaska, and Hawaii.
NCUA
National Credit Union Administration insures deposits, protects members, and charters and regulates federal credit unions.
World Council
World Council of Credit Unions champions the credit union and cooperative financial institution model worldwide.
CU For Kids
Credit Unions for Kids is a nonprofit collaboration, whose fundraising activities benefit 170 Children’s Miracle Network Hospitals.
America's Credit Union Museum
America’s Credit Union Museum is where the history of the credit union movement lives.
Frequently Asked Questions
Are credit unions insured like banks?
Both credit unions and banks offer federally insured deposits. WECU is insured by the National Credit Union Administration (NCUA), which provides up to $250,000 in insurance, just like the FDIC does for banks.
Do credit unions offer the same services as banks?
Yes! Credit unions offer checking and savings accounts, loans, credit cards, mortgages, online banking, mobile apps, and more.
Can anyone join a credit union?
Most credit unions serve specific regions or communities.
At WECU, membership is open to people who live, work, worship, or attend school in Washington State. Check out our about us page to learn more.
How do I join a credit union?
At WECU, membership is open to people who live, work, worship, or attend school in Washington State. Open an account to get started.
Does it cost money to join WECU?
There is no fee to become a member.
Is my money safe in a credit union?
Yes. Your deposits at WECU are federally insured by the NCUA up to $250,000, just like banks are insured by the FDIC.
How do I switch from a bank to WECU?
Switching is simple:
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Open your WECU account
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Move direct deposits and bill pay
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Transfer your balance.
We are here to help you every step of the way. Contact us via call, text or chat!
What does “member-owned” mean?
When you join a credit union, you become a part-owner. That means you can vote for our Board of Directors and help guide the future of WECU. Banks don’t offer that level of involvement or transparency.
Ready to experience the credit union difference?
At WECU, we put people before profits. Get great rates, low fees, a top-rated app, and personalized support that works for your goals.