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Checking and Savings

 
Calculators

Checking

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We’ve made choosing a checking account simple with flexible checking options, each with its own advantages. Add Free eBanking for 24/7 account access for even more convenience.

View our Comparison Chart of all Checking Accounts.

Free Checking (ages 14 and older)1

  • Unlimited check writing.
  • No monthly service charges.
  • No minimum balance requirements.
  • Free ATMs.2
  • Free eBanking/Bill Pay/eStatements/eAlerts.
  • Ages 14 - 17 make a deposit and be entered to win monthly drawings.

Interest Checking

  • Unlimited check writing.
  • Free ATMs.2
  • Free eBanking/Bill Pay/eStatements/eAlerts.
  • $10 monthly service charge is waived if a balance of $2,500 or more is maintained.

eChecking

  • No minimum balance requirements.
  • No monthly service charge.
  • Free ATMs.2
  • Up to $20/month fee rebates (incurred by other ATM owners).3
  • Earn a high rate for balances under $20,000 when you meet these requirements:
    • Complete one or more Direct Deposit or ACH transfers per month totaling a minimum of $500
    • Complete 10 PIN or signature based Debit Card Transactions per month
    • Sign up and activate eStatements

eBanking

With WCCU's eBanking, you have access to your accounts anytime, anywhere.

Click here to learn more about Free eBanking, Free Bill Pay and More!

Bank on the Go and you could win a $250 Chamber Gift Certificate! Click here for contest details!

Debit MasterCard®

Your WCCU Debit MasterCard® is designed to make accessing your accounts easier than ever.
Here are a few of the advantages of this versatile card:

  • It can be instantly issued at any of our four branch locations upon account opening or if your card is lost or stolen.
  • It can be used anywhere MasterCard® is accepted.
  • It deducts funds directly from your checking account (This means no finance charges and no monthly credit card bill).
  • It can be used at participating ATM's worldwide and wherever you see the NYCE PIN network logo.
    • Click here to learn about our ATM Networks which include WCCU ATM's, the Credit Union Connection ATM Network and Debit MasterCard® SUM ATM Network.

Planning to travel? For your security, your Debit/ATM card may be blocked in certain destinations. Call us at 401.596.7000 before you travel for the most updated information. 

To report a lost or stolen card please call us immediately. Block your card by logging into eBanking. 

General Disclosure Statement and Electronic Fund Transfer Card Holder and Account Agreement.
Debit MasterCard® FAQ's

Overdraft Coverage:

Mistakes happen. Avoid getting declined when it counts. 

Click here to compare our current overdraft coverage programs to see what suits your needs.

You can also extend your Overdraft Privilege to cover your ATM and Debit MasterCard® transactions by signing up today.

  • Click here to sign up using our secure Overdraft Privilege electronic authorization form.
  • Click here for Overdraft Privilege authorization thru eBanking.

Checking Accounts
Effective Date: Friday, July 10th, 2020
ProgramRateAPY*Minimum Daily Balance to earn APY
Free Checking 0.00% 0.00% $0.00
Interest Checking 0.00% 0.00% $0.00 to $2,499.99
  0.05% 0.05% $2,500 to $9,999.99
  0.05% 0.05% $10,000 to $49,999.99
  0.10% 0.10% $50,000 and above
eChecking** 1.98% 2.00% $0.00
eChecking & Interest Checking require $10 min. to open.

*Annual Percentage Yield (APY) is subject to change without notice. Fees may reduce earnings. **Rate shown is for balances $0 - $19,999.99, balances of $20,000 or greater will earn .50% APY. To receive the higher rates, members must meet the following requirements: use their debit card a minimum of 10 times per month as a PIN or signature based transaction, sign up and activate eStatements, and complete 1 or more direct deposit or ACH transfers per month totaling a minimum of $500. If account does not meet the criteria, the monthly rate will be .10% APY.

1) Those under the age of 18 must have a Parent or Guardian on the account. 2) Other ATM owners may impose a surcharge for the use of their ATMs. 3) WCCU will rebate these ATM fees up to $20 with proper receipts submitted once per month. Click here to view our Fee Schedule and for a copy of our complete account disclosure, please contact a Member Service Representative.

Savings & Money Market

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Whether you are planning for retirement, thinking about an emergency fund, or starting an education fund, we have the great rates and flexible terms needed to put you on the right track.

View our Comparison Chart of all Savings Accounts.

#Goals Savings Account

Automatic deposits and a crazy high rate help you save money to achieve your #Goals!

  • At account opening, set up an automatic transfer to come from your WCCU Checking Account (at least once per month). Choose any amount between $5 – $500, then sit back and watch your savings grow!
  • Earn a crazy high rate.
  • No withdrawals (Of course not! You are trying to reach a goal!).
  • Rate is fixed for 12 months.
  • At the end of 12 months, all savings will be transferred automatically into your WCCU Savings or Checking Account. Don't stop there, set up a new automatic transfer and watch the savings roll in!

Rewards Savings Account

Your WCCU loan balances count toward your rate tier!

  • Will establish membership with a $5 deposit.
  • ATM, eBanking access.
  • Rate based on total balances with WCCU - including Savings & Loans (excluding 1st Mortgages).
  • No minimum balance requirements.
  • No monthly service charges.

Interest Money Market

Earn higher interest.

  • $25 monthly service charge waived if balance of $10,000 or more is maintained.
  • Balances of $75,000 or more earn our highest rate.

Share Savings

  • Will establish membership with a $5 deposit.
  • ATM, eBanking access.
  • No monthly service charges.

Savings & Money Market Accounts
Effective Date: Friday, July 10th, 2020
ProgramRateAPY*Minimum Daily Balance to earn APY
Share Account
  0.05% 0.05% $5.00 to $4,999.99
  0.05% 0.05% $5,000.00 to $49,999.99
  0.05% 0.05% $50,000.00 and above
Includes WCCU Money Mammals Kids Club and Youth Share Savings Account. $5 min. to open - establishes membership.
IRA Savings Account
  0.10% 0.10% $25 to $4,999.99
  0.10% 0.10% $5,000.00 to $9,999.99
  0.25% 0.25% $10,000.00 and above
$25 Minimum balance to open. Consult your tax advisor to make sure you qualify for tax deductibility of IRA contributions.
Rewards Savings Account
  0.10% 0.10% $5.00 to $9,999.99
  0.10% 0.10% $10,000.00 to $49,999.99
  0.10% 0.10% $50,000.00 to $99,999.99
  0.10% 0.10% $100,000.00 to $199,999.99
  0.15% 0.15% $200,000.00 and above
No monthly service charges. Rate based on total balances under Primary Owner’s number- savings and loans (excluding 1st Mortgages). Interest is compounded & posted monthly based on total balances shown on last business day of the month. $5 min. to open - establishes membership.
#Goals Savings Account
  2.48% 2.50% $0.00
Rates are fixed for 12 months. After 12 months all accrued savings plus earnings will be transferred into your WCCU Savings (other than #Goals Savings) or Checking Account. Only 1 #Goals Savings Account per membership. At account opening automatic transfers will be scheduled from your WCCU checking account, $5 min. per month, $500 max. per month. Amount and date of transfer can be changed at any time. Auto transfers are the only deposits that can be made into this account. A penalty will be imposed for early withdrawal. 
Interest Money Market Account
  0.10% 0.10% $0.00 to $2,499.99
  0.10% 0.10% $2,500.00 to $4,999.99
  0.10% 0.10% $5,000.00 to $24,999.99
  0.10% 0.10% $25,000.00 to $74,999.99
  0.15% 0.15% $75,000.00 and above
Minimum to open is $2,500. No monthly service charge if minimum balance of $10,000 is maintained, otherwise there is a $25.00 monthly fee.

*Annual Percentage Yield (APY) is subject to change without notice. Fees may reduce earnings.

Youth Accounts

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These accounts are a great foundation for young children just starting to save and for young adults establishing credit and starting out on their own.

Money Mammals Savings Account (ages 0-10)1

We'll Share & Save & Spend Smart!
 

 

 

 

 

 

Enter The Money Mammals® website now!

Enter The Money Mammals® website now!

WCCU's Money Mammals Kids Club can help your kids and family get money-smart! Here's how:

  • Kids gain access to financial education themed games, mobile apps, videos and printables focused on how to Share, Save and Spend Smart.

  • Parents gain access to additional resources focused on teaching children how to manage their money responsibly.

    • Don't worry, these are simple topics that cover:
      • The difference between needs and wants.
      • Making smart money choices (Share, Save and Spend Smart).
      • Setting goals and saving for them.
  • Teachers can utilize our reading guides, books and teaching guides to benefit all children in their classroom. Ask about a Free Teaching kit for your school! Interested? Please contact Kim Gates, WCCU Financial Education Officer, at kgates@westerlyccu.com today for more information.

In addition to all of the financial education benefits, our Money Mammals Savings Account also features:

  • Will establish membership with a $5 deposit.
  • Easy to read statement.
  • No monthly service charges.

Visit The Money Mammals® website now to access financial education resources for children, parents and teachers!

Enter The Money Mammals® website now!

Enter The Money Mammals® website now!

Young Adult Share Savings Account (ages 11-17)1

  • Will establish membership with a $5 deposit.
  • Free ATMs.2
  • No monthly service charges.
  • Make a deposit and be entered to win monthly drawings.
  • Open your account online.

Free Checking (ages 14-17)1

  • No min. balance requirements.
  • No monthly service charges.
  • Free ATMs.2
  • Free eBanking/Bill Pay/eStatements/eAlerts.
  • Make a deposit and be entered to win monthly drawings.

The WCCU Smart Option Student Loan3 by Sallie Mae®

For borrowers attending degree-granting institutions

Now you can pay for college the smart way with three great repayment options and competitive interest rates!

The loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans. To learn more or to apply, please click here to get started today!

The Smart Option Student Loan features and benefits:

  • Multiple in-school repayment options plus a choice of competitive fixed and variable interest rates, providing even more flexibility
  • No Origination fee and no prepayment penalty
  • Benefits and an interest rate reduction available
  • Rates that reward creditworthy borrowers
  • Applying with a creditworthly cosigner may help you qualify
  • 100% US-based Student Loan Specialists

To learn more or to apply, please click here to get started today!

Scholarship Opportunities

School Programs

Click here to learn about WCCU and our commitment to Financial Education. WCCU feels strongly that educating young people today will create better informed adults for tomorrow. We are committed to Financial Education and proudly sponsor school programs that teach our youth lifelong financial literacy skills that will better prepare them for their future.

1) Those under the age of 18 must have a Parent or Guardian on the account. 2) Other ATM owners may impose a surcharge for use of their ATMs. 3) Westerly Community Credit Union is compensated by Sallie Mae for the referral of Smart Option Student Loan customers.

The Money Mammals Saving Money Is Fun Kids Club ©2015 Snigglezoo Entertainment. All Rights Reserved.

Certificates & IRAs

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Certificates of Deposit (CDs)

Fixed terms earn higher interest.

  • 3 month - 60 month terms.
  • $500 minimum to open.

Individual Retirement Accounts (IRAs)

Open a Traditional, Roth or Education IRA

  • IRA Savings Account
    • $25 to open.
    • No monthly service charges.
    • Any deposit amount allowed at any time.
       
  • IRA Certificates of Deposit
    • Terms range from 3 months to 60 months.
    • $500 minimum to open.

Premier 3 Month CD Special
Effective Date: Friday, July 10th, 2020
TermRateAPY*Minimum Daily Balance to earn APY
3 Months 0.20% 0.20% $500 to $24,999.99
  0.20% 0.20% $25,000 to $49,999.99
  0.45% 0.45% $50,000 and above

*Annual Percentage Yield (APY) is subject to change without notice. Other rates and terms available. $500 minimum deposit and balance is required for the 3 month tiered CD. A penalty will be imposed for early withdrawal. Members Advantage does not apply. Requires a WCCU checking account at opening and direct deposit within 60 days of opening to receive the premier rate, if account does not meet those criteria, the traditional cd rate as listed on the website at the time of default will be applied for the duration of the term. Other rates and terms available. One penalty free withdrawal allowed during CD term, unless the withdrawal occurs within 6 days of initial deposit or within 6 days of a previous withdrawal.


13 Month CD/IRA Special
Effective Date: Friday, July 10th, 2020
TermRateAPY*Minimum Daily Balance to earn APY
13 Months 0.25% 0.25% $500 to $24,999.99
  0.50% 0.50% $25,000 to $49,999.99
  0.75% 0.75% $50,000 and above

*Annual Percentage Yield (APY) is subject to change without notice. Other rates and terms available. Minimum deposit $500 for the 13 month tiered CD/IRA. A penalty will be imposed for early withdrawal. Members Advantage does not apply.

*Annual Percentage Yield (APY) is subject to change without notice. Other rates and terms available. Minimum deposit $500 for the 13 month tiered CD/IRA. A penalty will be imposed for early withdrawal. Members Advantage does not apply.

Certificates of Deposit
Effective Date: Friday, July 10th, 2020
TermRateAPY*Minimum Daily Balance to earn APY
3 Months 0.10% 0.10% $500.00
6 Months 0.15% 0.15% $500.00
12 Months 0.20% 0.20% $500.00
18 Months 0.40% 0.40% $500.00
24 Months 0.60% 0.60% $500.00
36 Months 0.70% 0.70% $500.00
48 Months 0.70% 0.70% $500.00
60 Months 0.70% 0.70% $500.00

*Annual Percentage Yield (APY) is subject to change without notice. A penalty will or may be imposed for early withdrawal. $500 minimum balance to open. Those in the Members Advantage program, please contact a Financial Services Representative for rates.


IRAs
Effective Date: Friday, July 10th, 2020
TermRateAPY*Minimum Daily Balance to earn APY
3 Months 0.10% 0.10% $500.00
6 Months 0.15% 0.15% $500.00
12 Months 0.20% 0.20% $500.00
18 Months 0.40% 0.40% $500.00
24 Months 0.60% 0.60% $500.00
36 Months 0.70% 0.70% $500.00
48 Months 0.70% 0.70% $500.00
60 Months 0.70% 0.70% $500.00

*Annual Percentage Yield (APY) is subject to change without notice. A penalty will or may be imposed for early withdrawal. $500 minimum balance to open. Those members in the Members Advantage program, please contact a Financial Services Representative for rates.

calculators

Deposit Rates

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Deposit Rates

Checking Accounts
Effective Date: Friday, July 10th, 2020
ProgramRateAPY*Minimum Daily Balance to earn APY
Free Checking 0.00% 0.00% $0.00
Interest Checking 0.00% 0.00% $0.00 to $2,499.99
  0.05% 0.05% $2,500 to $9,999.99
  0.05% 0.05% $10,000 to $49,999.99
  0.10% 0.10% $50,000 and above
eChecking** 1.98% 2.00% $0.00
eChecking & Interest Checking require $10 min. to open.

*Annual Percentage Yield (APY) is subject to change without notice. Fees may reduce earnings. **Rate shown is for balances $0 - $19,999.99, balances of $20,000 or greater will earn .50% APY. To receive the higher rates, members must meet the following requirements: use their debit card a minimum of 10 times per month as a PIN or signature based transaction, sign up and activate eStatements, and complete 1 or more direct deposit or ACH transfers per month totaling a minimum of $500. If account does not meet the criteria, the monthly rate will be .10% APY.

Savings & Money Market Accounts
Effective Date: Friday, July 10th, 2020
ProgramRateAPY*Minimum Daily Balance to earn APY
Share Account
  0.05% 0.05% $5.00 to $4,999.99
  0.05% 0.05% $5,000.00 to $49,999.99
  0.05% 0.05% $50,000.00 and above
Includes WCCU Money Mammals Kids Club and Youth Share Savings Account. $5 min. to open - establishes membership.
IRA Savings Account
  0.10% 0.10% $25 to $4,999.99
  0.10% 0.10% $5,000.00 to $9,999.99
  0.25% 0.25% $10,000.00 and above
$25 Minimum balance to open. Consult your tax advisor to make sure you qualify for tax deductibility of IRA contributions.
Rewards Savings Account
  0.10% 0.10% $5.00 to $9,999.99
  0.10% 0.10% $10,000.00 to $49,999.99
  0.10% 0.10% $50,000.00 to $99,999.99
  0.10% 0.10% $100,000.00 to $199,999.99
  0.15% 0.15% $200,000.00 and above
No monthly service charges. Rate based on total balances under Primary Owner’s number- savings and loans (excluding 1st Mortgages). Interest is compounded & posted monthly based on total balances shown on last business day of the month. $5 min. to open - establishes membership.
#Goals Savings Account
  2.48% 2.50% $0.00
Rates are fixed for 12 months. After 12 months all accrued savings plus earnings will be transferred into your WCCU Savings (other than #Goals Savings) or Checking Account. Only 1 #Goals Savings Account per membership. At account opening automatic transfers will be scheduled from your WCCU checking account, $5 min. per month, $500 max. per month. Amount and date of transfer can be changed at any time. Auto transfers are the only deposits that can be made into this account. A penalty will be imposed for early withdrawal. 
Interest Money Market Account
  0.10% 0.10% $0.00 to $2,499.99
  0.10% 0.10% $2,500.00 to $4,999.99
  0.10% 0.10% $5,000.00 to $24,999.99
  0.10% 0.10% $25,000.00 to $74,999.99
  0.15% 0.15% $75,000.00 and above
Minimum to open is $2,500. No monthly service charge if minimum balance of $10,000 is maintained, otherwise there is a $25.00 monthly fee.

*Annual Percentage Yield (APY) is subject to change without notice. Fees may reduce earnings.

Certificates of Deposit
Effective Date: Friday, July 10th, 2020
TermRateAPY*Minimum Daily Balance to earn APY
3 Months 0.10% 0.10% $500.00
6 Months 0.15% 0.15% $500.00
12 Months 0.20% 0.20% $500.00
18 Months 0.40% 0.40% $500.00
24 Months 0.60% 0.60% $500.00
36 Months 0.70% 0.70% $500.00
48 Months 0.70% 0.70% $500.00
60 Months 0.70% 0.70% $500.00

*Annual Percentage Yield (APY) is subject to change without notice. A penalty will or may be imposed for early withdrawal. $500 minimum balance to open. Those in the Members Advantage program, please contact a Financial Services Representative for rates.

IRAs
Effective Date: Friday, July 10th, 2020
TermRateAPY*Minimum Daily Balance to earn APY
3 Months 0.10% 0.10% $500.00
6 Months 0.15% 0.15% $500.00
12 Months 0.20% 0.20% $500.00
18 Months 0.40% 0.40% $500.00
24 Months 0.60% 0.60% $500.00
36 Months 0.70% 0.70% $500.00
48 Months 0.70% 0.70% $500.00
60 Months 0.70% 0.70% $500.00

*Annual Percentage Yield (APY) is subject to change without notice. A penalty will or may be imposed for early withdrawal. $500 minimum balance to open. Those members in the Members Advantage program, please contact a Financial Services Representative for rates.

Premier 3 Month CD Special
Effective Date: Friday, July 10th, 2020
TermRateAPY*Minimum Daily Balance to earn APY
3 Months 0.20% 0.20% $500 to $24,999.99
  0.20% 0.20% $25,000 to $49,999.99
  0.45% 0.45% $50,000 and above

*Annual Percentage Yield (APY) is subject to change without notice. Other rates and terms available. $500 minimum deposit and balance is required for the 3 month tiered CD. A penalty will be imposed for early withdrawal. Members Advantage does not apply. Requires a WCCU checking account at opening and direct deposit within 60 days of opening to receive the premier rate, if account does not meet those criteria, the traditional cd rate as listed on the website at the time of default will be applied for the duration of the term. Other rates and terms available. One penalty free withdrawal allowed during CD term, unless the withdrawal occurs within 6 days of initial deposit or within 6 days of a previous withdrawal.

13 Month CD/IRA Special
Effective Date: Friday, July 10th, 2020
TermRateAPY*Minimum Daily Balance to earn APY
13 Months 0.25% 0.25% $500 to $24,999.99
  0.50% 0.50% $25,000 to $49,999.99
  0.75% 0.75% $50,000 and above

*Annual Percentage Yield (APY) is subject to change without notice. Other rates and terms available. Minimum deposit $500 for the 13 month tiered CD/IRA. A penalty will be imposed for early withdrawal. Members Advantage does not apply.

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