Featured Savings Rates
Featured Accounts

Westmark Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.55%1-year CD11 Month CD
0.10%SavingsDaily Dividend Savings Account
1.45%4-year CD48 - 60 Month CD

Overview / Commentary
208-528-8315
2520 Channing Way
Idaho Falls, ID 83404

Westmark Credit Union is headquartered in Idaho Falls and is the 3rd largest credit union in the state of Idaho. It is also the 408th largest credit union in the nation. It was established in 1954 and as of March of 2017, it had grown to 170 employees and 53,655 members at 14 locations. Westmark Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to employees and retirees of several hundred member groups throughout Idaho.
See current membership details

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Reviews (7)

Opening New Checking Account

We went in to change our son's Scottie Saver's account over to a checking account. I loved that they had to have all three of us in order to do this: our son, mom and dad since he is not 18 yet. This felt more safe than his just opening a new account by himself as he has never done this before. The changeover process was very easy and quick and the account manager was very pleasant to work with. We were able to get in immediately and get out quickly. He was able to decide how many savings account he wanted associated with it and where to transfer everything. We didn't have to sign a bunch of new paperwork and they were able to print off his debit card that day.

Not So Great Anymore

Posted by: Anonymous | Jan 16, 2012

Recent changes to the Westmark website which include limiting password length and characters used has me wondering if it is wise to stay with them. I question their website security. They also recently changed my PIN without my approval. Now the assigned PIN is hardcoded into the card and shipped through the mail already activated. As I see it, shipping an already activated card through the USPS puts my finances in jeopardy. ANY loss along the way, be it from an accidental mishandling of mail or someone pilfering my mailbox, would have caused great financial harm. It also takes a significant amount of time for a check to clear the bank. Even some credit transactions take quite a while.

Think twice before using this financial institution.

They Can't Make Change?

Posted by: JBeverage | Jun 27, 2017

I was in Nampa, Idaho near the Idaho Center picking up a piece of furniture from Craigslist. I needed to break a $100 bill and there was a WestMark right on the corner. On a sad note, I stopped in to WestMark Credit Union near the home I was going to and asked to break a $100 bill. They would NOT do it because I was not a member. (?) Wow! You have to be a member to get change? Not like I was trying to cash a check... no problem at the Chevron though! Guess I won't be joining WestMark anytime soon (or later either... they won't be around for long)! :(

Worse Bank Ever!!!

Posted by: Blu6 | Feb 18, 2017

Absolutely dislike this bank. We've had the biggest headache of our lives dealing with them. We financed a car through them and even the dealership was tired of them. They asked for papers that we provided just for them do deny them and want even more proof for no reason. They refused to accept a government issued paper stating my husband got his VA monthly payments. Absolutely ridiculous, not only after that 8 days prior to our first payment they finally send us the paperwork. I call to see how we pay and they don't do auto withdrawal?! Who doesn't do that?? The lady says oh we're too small to do that. You're the 3rd largest credit union in Idaho and you don't do that?! We are definitely refinancing our car as soon as possible to get away from this bank.

What Happened To Customer Service?

I was scammed twice by hackers. They scammed me last year and this year. With luck I did not get ripped off, but they were able to get into my computer and compromise my bank account. First time this happened, the Nampa credit union I used was VERY helpful and everything was changed with new account numbers. This time, when I talked with the branch manager she was furious with me and said that I was not competent enough to have a checking account and closed me down. So I had to scurry around and open a new account with another bank and change all of my direct deposits. I have never talked to such a hateful person. The venom actually came through the phone. Too bad I'm not Donald Trump. I would have said: "Your Fired."

Someone Compermised Our Account

Posted by: Anonymous | Feb 12, 2012

We had a company compromise our account twice which caused problems because then my bills bounced. I didn't know about this until I received a call from the bank saying they were closing my account down. Too many fees. I called and tried to explain that we were customers for a very long time and that this has never happened before, but the lady said she talked to the other managers in area and decided that this was for the best, and would not help us out.



Health

Health Grade Components

Overall
NCUA #68353
Year Chartered1954
Employees170
Primary Regulator
Profit Margin
Return on Assets - YTD0.15%
Return on Equity - YTD1.69%
Annual Interest Income$5.2MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$683.0MM$621.9MM
LoansQ1 2017vs Q1 2016$591.5MM$549.9MM
DepositsQ1 2017vs Q1 2016$617.5MM$558.0MM
Equity CapitalQ1 2017vs Q1 2016$59.2MM$57.0MM
Loan Loss AllowanceQ1 2017vs Q1 2016$2.3MM$2.0MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$262.00K$469.00K
Real Estate OwnedQ1 2017vs Q1 2016$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Westmark Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$50k*-Primary Savings
OTHER TIERS: 0.10% Up to $50k
0.10%*$20k*-Daily Dividend Savings Account
OTHER TIERS: 0.05% Up to $20k

Westmark Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$100k*-Platinum Money Market Savings
OTHER TIERS: 0.10% Up to $20k | 0.15% $20k - $50k | 0.20% $50k - $100k
0.20%*$100k*-IRA Money Market Savings
OTHER TIERS: 0.10% Up to $50k | 0.15% $50k - $100k

Westmark Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%*-$20kHigh Yield Checking
OTHER TIERS: 0.36% $50k+ | 0.56% $20k - $50k
0.10%*$20k*-Platinum Plus Checking
OTHER TIERS: 0.05% Up to $20k

Westmark Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.45%*$100k*-48 - 60 Month CD
OTHER TIERS: 1.30% $500 - $50k | 1.35% $50k - $100k
1.40%*$100k*-18 Month CD
OTHER TIERS: 1.25% $500 - $50k | 1.30% $50k - $100k
1.35%*$100k*-36 Month CD
OTHER TIERS: 1.20% $500 - $50k | 1.25% $50k - $100k
1.30%*$100k*-13 Month CD
OTHER TIERS: 1.15% $500 - $50k | 1.20% $50k - $100k
1.25%*$100k*-24 Month CD
OTHER TIERS: 1.10% $500 - $50k | 1.15% $50k - $100k
1.25%*$100k*-23 Month CD
OTHER TIERS: 1.10% $500 - $50k | 1.15% $50k - $100k
0.60%*$100k*-12 Month CD
OTHER TIERS: 0.45% $500 - $50k | 0.50% $50k - $100k
0.55%*$100k*-11 Month CD
OTHER TIERS: 0.40% $500 - $50k | 0.45% $50k - $100k
0.45%*$100k*-9 Month CD
OTHER TIERS: 0.30% $500 - $50k | 0.35% $50k - $100k
0.40%*$100k*-8 Month CD
OTHER TIERS: 0.25% $500 - $50k | 0.30% $50k - $100k
0.35%*$100k*-180 Day CD
OTHER TIERS: 0.20% $500 - $50k | 0.25% $50k - $100k
0.30%*$100k*-90 Day CD
OTHER TIERS: 0.15% $500 - $50k | 0.20% $50k - $100k

Westmark Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*$100k*-24 Months IRA
OTHER TIERS: 1.10% $500 - $50k | 1.15% $50k - $100k
1.25%*$100k*-24 Month Coverdell Education Savings Account Term Certificate
OTHER TIERS: 1.10% $500 - $50k | 1.15% $50k - $100k
0.60%*$100k*-12 Months IRA
OTHER TIERS: 0.45% $500 - $50k | 0.50% $50k - $100k
0.60%*$100k*-12 Month Coverdell Education Savings Account Term Certificate
OTHER TIERS: 0.45% $500 - $50k | 0.50% $50k - $100k
Locations

Westmark Credit Union has 14 locations. Click to view all Westmark Credit Union locations.