At Wescom Financial, we’re always looking for ways to enhance your experience with us and bring more value to your everyday banking.
First, we’re proud to announce that Wescom Credit Union is now known as, Wescom Financial. Adopting a more comprehensive name positions us to appeal to a wider audience who may not be considering a credit union for their banking, insurance, or investment needs. Wescom Financial better represents our full range of financial services that extend beyond traditional credit union offerings, such as free checking, top-rated mobile apps, virtual banking, and getting paid two days sooner than pay-day. Even though we updated the way we position ourselves in the market, our credit union roots are still strong. We were founded in 1934 as a credit union. Today, we are a credit union. Tomorrow we will still be a credit union that places members over shareholder profits.
In addition to the Credit Union’s transition, Wescom Financial Services changed its name to Wescom Wealth Management to better align with the comprehensive financial solutions they provide and transitioned its broker-dealer and clearing firm to LPL Financial (LLC). LPL will provide the operational backbone to our Wealth Management division and help bolster our capabilities to ensure we continue to meet your needs. This change will allow us to provide you with additional tools, streamlined processes, and an expanded array of resources while maintaining the personalized service you have come to trust through your dedicated Financial Advisor.
Over the past five years, we have focused on branch expansion and modernization, ensuring that we serve you better. Our recent relocations and remodels are a testament to this dedication. The grand opening of our Knott’s Berry Fram Branch, along with our efforts in wildfire relief in Southern California, and the openings of our Marina and King City branches, are initiatives aimed at increasing our accessibility and better addressing the needs of our members. We believe that a strong community begins with accessible financial solutions.
In today’s economic climate, we understand the challenges that inflation and market volatility can bring. That's why we have a team of knowledgeable Wealth Management financial advisors ready to assist you. They are here to help guide you through these uncertain times, offering advice on how to navigate the markets effectively and make informed investment decisions that align with your financial needs. Visit wescomwealth.org/Find-An-Advisor to schedule an appointment.
Furthermore, I want to take a moment to express our deep appreciation for your advocacy efforts in support of Wescom’s tax status and the “Don’t Tax My Credit Union” campaign. Your voices matter immensely in the credit union movement, and we are proud to announce the passing of H.R.1 from both the House of Representatives and the Senate, preserving the credit union federal tax exemption. More than 800,000 messages were sent to Capitol Hill to aid in this success, of which more than 23,000 came from Wescom Financial members who also contributed the highest response rate in a two-week span compared to other credit unions in the California Credit Union League (CCUL). This is a testament to our collective strength and commitment to serving our communities. Thank you for standing with us as we champion the values that make credit unions an essential part of our financial landscape.
Together, we are making great strides for a stronger future. We appreciate your membership and the trust you place in us.
