Make the most of your savings dollars in an account suited to your particular savings needs. Savings options at the credit union include:

• Regular Share Savings Account This is the account you and all members open to establish your membership at WCLA Credit Union. It represents your ownership of the credit union and earns you a competitive dividend.

  The most basic of all our products, a savings account, is the gateway to your membership. As long as you maintain a savings balance, you are a WCLA Credit Union member for life. Your savings account will provide you with competitive dividend rates, easy access to your funds and complete safety with accounts federally insured up to at least $250,000 by the National Credit Union Administration, a U.S. Government Agency.

  • A Share Account is similar to a passbook savings account.
  • Dividends are calculated on the daily balance and paid monthly.
  • $5.00 minimum balance required to remain open.
   
• Individual Retirement Accounts (IRA) When looking for your retirement savings plan, don't settle for less than the many benefits including great interest rates, tax deferrable interest and possible tax deductions. It's a sure way to settle into a comfortable retirement.  IRA Accounts are separately insured up to $250,000. 

• Certificate of Deposit
  • Certificates are available for those members wishing to earn higher dividends.
  • Insured to $250,000 with NCUA.
  • Competitive dividend rates.
  • Dividends paid monthly to:
    • your certificate
    • your share account
    • a check directly to you

• Money Market Accounts
  • Security of a Share Certificate but the convenience of a Savings Accounts
  • Available for those members wishing to earn higher dividends but greater liquidity.
  • Competitive tiered dividend rates depending on your deposit
  • Dividends paid monthly 

Your savings are insured for up to at least $250,000 by NCUA, a U.S. Government Agency