Accounts

Checking

WestEdge® offers a variety of checking accounts.  Choose from Free Checking (primary), Flex Checking (secondary), Sr. Checking (over 50), or Business Checking Accounts. For the peace-of-mind that comes from never overdrawing your account, we also offer Overdraft Protection.

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Debit Cards

WestEdge® Debit and Prepaid Cards are fast, easy, and conveniently accepted worldwide anywhere you see the VISA logo displayed. Our Debit Card works just like a check for purchases or cash, and transactions are debited directly from your checking account. Our VISA Prepaid Card can be loaded with funds from any account at the credit union and members can enjoy using it without the worry that it is connected directly to an account.

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Savings

Your primary savings account, Share Savings, is your key to credit union membership. The $5 minimum balance represents your ownership in WestEdge® Credit Union.

You can also set up a Sub Savings, or secondary account, often used to keep funds organized for personal budgeting. It is completely discretionary, and there is no minimum balance required.

The WestEdge® Holiday Account is designed to consistently build funds for you; simply make deposits, or request to have your funds transfer automatically from any of your other WestEdge® accounts. The accumulated balance is then moved into the primary share savings on October 31st annually.

A WestEdge® Vacation Club Account works just like our Holiday Account, only we move the funds from your Vacation Account into your primary savings account on April 30th annually.

We also offer Youth Accounts for two age groups: Birth – 12 years, and 13-17 years.

Certificates of Deposit offer competitive share certificate dividend rates, with terms that range from 6 months to 36 months.

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Money Market

At WestEdge®, we often refer to our Money Market Accounts as "Maxi Accounts" because it offers a more maximum dividend. With a minimum balance of $2500, we will pay you higher dividends, plus there is the added feature that allows you to write checks on the account.

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Individual Retirement Accounts

Choose from Traditional IRA, Roth IRA and Coverdell Education Savings Accounts. You can save for retirement within an IRA share savings, or earn a higher dividend with a 6 mo / 12 mo / 18 mo / 24 mo / 36 mo certificate.

Traditional IRA - funds can be withdrawn after age 59 ½ without a penalty. By age 70 ½ you are required to make yearly withdrawals. One of the advantages of this type of IRA is the contributions you make may be tax deductible., and principal and interest earned are tax deferred until funds are withdrawn.

Roth IRA - contributions are not tax deductible but withdrawals are completely tax free if the account holder has had a Roth account for more than five years and is age 59 ½. Contributions can still be made after age 70 ½ and no withdrawals are required during the account holder’s life.

Coverdell Educational Savings - gives flexibility to families saving for college tuition and other school expenses. Up to $2,000 per year may be deposited for each child under age 18. Anyone can make a contribution – parents, grandparents, relatives, and friends. These contributions are not tax deductible, but dividends earned are tax free. If the funds not used for one child, they may be transferred to another child within the family.