Water And Power Community Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.76% | 5-year CD | 60 Month Jumbo CD 1.85% - Synchrony Bank 60 Month CD |
| 0.55% | 1-year CD | 12 Month Jumbo CD 1.05% - Ally Bank High Yield 12-Month CD |
| 0.10% | Savings | Savings Account 1.00% - Ally Bank Online Savings Account |
Water And Power Community Credit Union is headquartered in Los Angeles and is the 71st largest credit union in the state of California. It is also the 443rd largest credit union in the nation. It was established in 1936 and as of June of 2016, it had grown to 100 employees and 34,082 members at 5 locations. Water And Power Community Credit Union's savings rates are 92% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in a select list of zip codes (credit union has a zip code search). Membership is also open to Los Angeles Department of Water and Power, and other Select Employer Groups.
See current membership details
Related Posts
Coins Treated Almost As If They're Not Legal Tender
As of Feb. 15, 2012, the use of WPCU's machine to count coins - even if the entire amount is deposited to an existing account - will cost 2% of the value (8% for non-members). Also included on their fee schedule is the charge of $0.25 per roll of coin to be deposited.
In comparison, the LAFCU does NOT charge for the use of the coin machine at their Glendale location. They also have a daily max of 10 rolls of coin for deposit without extra fees.
Actually, my big bank has a better "coin policy" than WPCU. When I asked one of the tellers about the 2% fee, I got this response: "It's only 2%...". Sure. It will take me years to get a 2% interest on my savings account.
Don't believe their customer service when they claim that other banks charge too.
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68493 |
| Year Chartered | 1936 |
| Employees | 100 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.51% |
| Return on Equity - YTD | 5.78% |
| Annual Interest Income | $8.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $581.6MM$543.6MM |
| Loans | Q2 2016vs Q2 2015 | $246.8MM$227.1MM |
| Deposits | Q2 2016vs Q2 2015 | $525.2MM$492.8MM |
| Equity Capital | Q2 2016vs Q2 2015 | $51.6MM$46.5MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $3.3MM$3.4MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $3.4MM$2.3MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Water And Power Community Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Water And Power Community Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | $50 | - | Holiday Savings Club | |
| 1.00% | $50 | - | MatriMoney Special Purpose Savings | |
| 0.10% | $25 | - | Savings Account |
Water And Power Community Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.15%* | $50k* | - | Money Market Account | ||
| OTHER TIERS: 0.10% → $2,500 - $50k | |||||
Water And Power Community Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Apex Checking Account | |
| 0.05% | - | - | Advantage Checking Account |
Water And Power Community Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.76% | $1k | $99k | 60 Month CD | |
| 1.76% | $99k | - | 60 Month Jumbo CD | |
| 1.51% | $1k | $99k | 48 Month CD | |
| 1.51% | $99k | - | 48 Month Jumbo CD | |
| 1.26% | $1k | $99k | 36 Month CD | |
| 1.26% | $99k | - | 36 Month Jumbo CD | |
| 1.00% | $1k | $99k | 24 Month CD | |
| 1.00% | $99k | - | 24 Month Jumbo CD | |
| 0.55% | $1k | $99k | 12 Month CD | |
| 0.55% | $1k | $99k | 18 Month CD | |
| 0.55% | $99k | - | 12 Month Jumbo CD | |
| 0.55% | $99k | - | 18 Month Jumbo CD | |
| 0.30% | $1k | $99k | 6 Month CD | |
| 0.30% | $99k | - | 6 Month Jumbo CD | |
| 0.20% | $5k | - | 6 Month Flexible Savings Certificate | |
| 0.15% | $1k | $99k | 3 Month CD | |
| 0.15% | $99k | - | 3 Month Jumbo CD |
Water And Power Community Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.76% | $1k | $99k | 60 Month IRA | |
| 1.76% | $99k | - | 60 Month Jumbo IRA | |
| 1.51% | $1k | $99k | 48 Month IRA | |
| 1.51% | $99k | - | 48 Month Jumbo IRA | |
| 1.26% | $1k | $99k | 36 Month IRA | |
| 1.26% | $99k | - | 36 Month Jumbo IRA | |
| 1.00% | $1k | $99k | 24 Month IRA | |
| 1.00% | $99k | - | 24 Month Jumbo IRA | |
| 0.55% | $1k | $99k | 12 Month IRA | |
| 0.55% | $1k | $99k | 18 Month IRA | |
| 0.55% | $99k | - | 12 Month Jumbo IRA | |
| 0.55% | $99k | - | 18 Month Jumbo IRA | |
| 0.30% | $1k | $99k | 6 Month IRA | |
| 0.30% | $99k | - | 6 Month Jumbo IRA | |
| 0.10% | $50 | $1k | 3 Month Start Up IRA |
| Water And Power Community Credit Union Locations | ||
|---|---|---|
| Branch Office | 8413 Laurel Canyon Blvd | Sun Valley, CA 91352-3817 |
| Branch Office | 8800 S Sepulveda Blvd | Westchester, CA 90045-4857 |
| Branch Office | 1053 W Sunset Blvd | Los Angeles, CA 90012-2134 |
| Branch Office | 16840 Devonshire St | Granada Hills, CA 91344-7404 |
| Branch Office | 111 N Hope St | Los Angeles, CA 90012-2607 |