- Regular Share account: This is the primary savings account that all credit union members open when the account is established. By maintaining at least a $25 balance on this account, members are eligible to apply for the products and services offered by WMCU. Interest bearing if monthly balance requirements are met.
- Club accounts: These accounts are limited withdrawal accounts designed to help members save for future events. Deposit funds through payroll deduction if you like and save up for the holidays or for that dream vacation or even for recurring bills such as insurance and taxes. One withdrawal per year with no fee helps members keep savings on track!
- Special accounts: These are auxilliary savings accounts that many members use for longer term savings goals or to help keep funds separated for specific purposes. They are identical in structure to the regular share account. These are often used to set up funds for children or grandchildren without the need to set up an entirely new regular share account under a different account number.
- Share certificates: These are very similar to Certificates of Deposit. Interest bearing, guaranteed return accounts that have varying lenthg of maturity so you can choose what fits your investing plan. Penalty may apply for early withdrawal.
- Individual Retirement Accounts (IRA): With IRAs members can deposit and earn a guaranteed rate of return based on current market conditions. Funds cannot be withdrawn before a certain age has been reached without substantial penalty
