Wescom Credit Union

Spring Forward with The Gift of Free Coffee: Wescom Celebrates 10th Year of Helping Southern Californians Wake Up through Annual Daylight Saving Time Event

Retrieved on: 
Tuesday, March 5, 2024

Wescom , one of the largest community credit unions in California, is helping Southern California residents wake up on Sunday, March 10, 2024 by treating them to free coffee and tea through their signature Daylight Saving Time event.

Key Points: 
  • Wescom , one of the largest community credit unions in California, is helping Southern California residents wake up on Sunday, March 10, 2024 by treating them to free coffee and tea through their signature Daylight Saving Time event.
  • The 10th Annual #WescomKindness event will take place across 24 select The Coffee Bean & Tea Leaf® locations in Los Angeles, Orange, Ventura, Riverside, and San Bernardino counties.
  • “This year’s Daylight Saving Time event is particularly special to Wescom.
  • Mark your calendars and follow Wescom on social media to see the day’s fun postings from Southern California residents using the #WescomKindness hashtag.

Asian Pacific Islander American Scholars Announces Interim Board Chair and Interim Board Vice-Chair

Retrieved on: 
Friday, January 5, 2024

WASHINGTON, Jan. 5, 2024 /PRNewswire-PRWeb/ -- Asian Pacific Islander American Scholars (APIA Scholars), the nation's largest organization dedicated to AAPI higher education success through scholarships, programs, and research and advocacy for AAPI students, announces Jeff Luong, Vice President of Network Engineering at AT&T, as the Interim Chair of the Board of Directors and Nancy Lee, Executive Vice President, International Business Operations and Chief of Staff to the CEO, at The Walt Disney Company as the Interim Vice-Chair of the Board of Directors. Both will serve through December 31, 2024 and will lead a 19-member all-volunteer Board of Directors committed to eliminating financial barriers to student success.

Key Points: 
  • Both will serve through December 31, 2024 and will lead a 19-member all-volunteer Board of Directors committed to eliminating financial barriers to student success.
  • "This is a significant moment in the history of our organization as we celebrate our 20th anniversary.
  • He also serves on the board of Wescom Credit Union, a $6B financial institution with 24 branches and over 200,000 members throughout Southern California.
  • She also serves on the board of directors of National Geographic Partners, as well as the Georgetown University Law Center Alumni Board.

Wescom Credit Union Expresses its Commitment to Diversity, Equity, and Inclusion through its long-standing #WescomKindness Initiative

Retrieved on: 
Tuesday, December 12, 2023

Wescom Credit Union , one of the largest community credit unions in California, has been dedicated to helping build better lives for members, team members and communities for nearly 90 years.

Key Points: 
  • Wescom Credit Union , one of the largest community credit unions in California, has been dedicated to helping build better lives for members, team members and communities for nearly 90 years.
  • The DEI Committee and Council help set the foundation for an even more diverse, equitable, and inclusive culture at the Credit Union.
  • Wescom’s diversity statement further reflects their commitment to DEI: “We believe that diversity makes us stronger.
  • The Credit Union matched $1,000 in sales at three Hispanic and Latino-owned small businesses.

iHeartMedia Los Angeles’ KOST 103.5 and Children’s Hospital Los Angeles Launch Eighth Annual Season of Giving Fundraising Campaign on Tuesday, Nov. 28

Retrieved on: 
Tuesday, November 28, 2023

For the eighth consecutive year, iHeartMedia Los Angeles’ KOST 103.5 will join Children’s Hospital Los Angeles on Giving Tuesday, Nov. 28, to celebrate the global day of giving that takes place on the first Tuesday after Thanksgiving.

Key Points: 
  • For the eighth consecutive year, iHeartMedia Los Angeles’ KOST 103.5 will join Children’s Hospital Los Angeles on Giving Tuesday, Nov. 28, to celebrate the global day of giving that takes place on the first Tuesday after Thanksgiving.
  • Starting with the Ellen K Morning Show, KOST 103.5 will dedicate 13 hours of programming to CHLA on Giving Tuesday, from 5 a.m. to 6 p.m.
  • KOST listeners are invited to support the hospital by visiting kost1035.com/chla , or by dialing #250 from a mobile phone and using keyword “CHLA” to donate.
  • Children’s Hospital Los Angeles is one of the top pediatric academic medical and research institutions in the United States and relies on the generosity of community support.

Wescom Credit Union Launches Fixed Rate Feature HELOC

Retrieved on: 
Tuesday, November 14, 2023

“The debut of Wescom’s Fixed Rate Feature HELOC is our way of adding value back into our membership,” stated Jeff Smrcka, Vice President of Consumer Lending at Wescom.

Key Points: 
  • “The debut of Wescom’s Fixed Rate Feature HELOC is our way of adding value back into our membership,” stated Jeff Smrcka, Vice President of Consumer Lending at Wescom.
  • Other banking institutions that do offer a HELOC, only offer it against someone’s primary residence; however, because a Fixed Rate Feature HELOC is a part of Wescom’s existing program, it’s available to owner-occupied properties along with investment and second homes.
  • To learn more about Wescom’s active Fixed Rate Feature HELOC offering, please visit: wescom.org/home-loans/home-equity .
  • 3A Wescom HELOC fixed rate conversation (FRC) option allows members with a new or existing HELOC to convert a portion or the entire outstanding balance into an amortized term segment of their choice at a fixed interest rate.

Wescom Credit Union Named Official Banking Partner of Knott’s Berry Farm

Retrieved on: 
Tuesday, October 24, 2023

Wescom Credit Union , one of the largest community credit unions in the entire U.S., has been named the Official Banking Partner of Knott’s Berry Farm, which also operates Knott’s Soak City Water Park, Knott’s Berry Farm Marketplace, and the Knott’s Hotel.

Key Points: 
  • Wescom Credit Union , one of the largest community credit unions in the entire U.S., has been named the Official Banking Partner of Knott’s Berry Farm, which also operates Knott’s Soak City Water Park, Knott’s Berry Farm Marketplace, and the Knott’s Hotel.
  • Wescom plans to offer an affinity card program for Knott’s guests, offer memberships to new hires during the Knott’s onboarding process, and open a new credit union branch near Knott’s California Marketplace in late 2024.
  • In addition, Wescom members and team members will have access to ticket giveaways and discounts throughout the year.
  • Ten (10) prize winners will be selected to win four (4) Knott’s Berry Farm Season Passes.

Wescom Credit Union Announces Strategic NIL Partnership with Members of the Entire UCLA Women’s Basketball Team

Retrieved on: 
Tuesday, October 17, 2023

California-based Wescom Credit Union today announced its Name, Image and Likeness (NIL) partnership with members of the entire UCLA Women’s Basketball team for the 2023-2024 season.

Key Points: 
  • California-based Wescom Credit Union today announced its Name, Image and Likeness (NIL) partnership with members of the entire UCLA Women’s Basketball team for the 2023-2024 season.
  • In addition to the NIL partnership with all 12 student-athletes on the UCLA Women’s Basketball team, Wescom also inked a partnership with the Michael Price Family UCLA Women’s Head Basketball Coach, Cori Close.
  • This alignment marks the second official UCLA NIL partnership for Wescom, demonstrating Wescom’s unwavering commitment to building a robust NIL ecosystem for UCLA athletes.
  • To learn more about Wescom’s NIL partnership with members of the UCLA Women’s Basketball Team, please visit wescom.org/nil .

Wescom Credit Union Expands Field of Membership to Serve More Californians

Retrieved on: 
Tuesday, September 19, 2023

Wescom Credit Union , on the heels of its Central Coast Federal Credit Union (CCFCU) merger news , has today announced that in addition to the eight Southern California Counties it currently serves, the Credit Union will now serve an additional thirteen counties in California.

Key Points: 
  • Wescom Credit Union , on the heels of its Central Coast Federal Credit Union (CCFCU) merger news , has today announced that in addition to the eight Southern California Counties it currently serves, the Credit Union will now serve an additional thirteen counties in California.
  • Wescom, one of the largest community credit unions in the entire state, and a fixture in Southern California since 1934, has long served communities throughout Los Angeles, Orange, Riverside, San Bernardino, San Diego, Imperial, Ventura and Santa Barbara counties, including the UCLA community.
  • “By expanding our field of membership in an adjacent market, we are able to serve more Californians and make a positive impact in additional communities,” stated Darren Williams, President and CEO of Wescom.
  • This means that Wescom membership is now available to close to 27.7 million Californians, representing more than 70 percent of the California population.

Wescom Credit Union and Its Members Raise Over $228,000 for Maui Wildfire Relief Efforts

Retrieved on: 
Tuesday, September 12, 2023

Within days of the Maui wildfires, Wescom sprung into action:

Key Points: 
  • Within days of the Maui wildfires, Wescom sprung into action:
    On August 11, 2023, the Foundation launched a campaign asking members to donate to raise funds to support disaster relief efforts for those affected by the devastating wildfires in Maui, with a Credit Union match of total donations up to $25,000.
  • Wescom has been dedicated to helping build better lives for members, team members and communities in Southern California for nearly 90 years.
  • This is not the first instance in which Wescom has encouraged members to support relief efforts outside of Southern California.
  • Last year, the Credit Union and its members supported those impacted by the war in Ukraine, raising more than $114,000.

Wescom Credit Union and Central Coast Federal Credit Union Announce Plans to Merge in 2024

Retrieved on: 
Tuesday, August 22, 2023

Wescom Credit Union and Central Coast Federal Credit Union (CCFCU) have entered into a merger agreement, announcing their intent to merge in the second quarter of 2024.

Key Points: 
  • Wescom Credit Union and Central Coast Federal Credit Union (CCFCU) have entered into a merger agreement, announcing their intent to merge in the second quarter of 2024.
  • For nearly 90 years, Wescom has been dedicated to building better lives for members, team members, and communities in Southern California.
  • Additionally, CCFCU employees will be welcomed as Wescom team members and will be provided with a wide range of benefits, training resources, and tools.
  • Over the past few years, Wescom has been exploring potential merger opportunities to support the growth of the Credit Union.