April 2020

A Letter to our Members Amid COVID-19

For 85 years, Wescom has been serving the financial needs of our members, and we want you to know that during these unprecedented times, there are no exceptions. Our focus remains on our commitment to serving your banking needs, keeping our branches and remote banking channels available to you, and providing you with financial assistance through tough times.

Recently, the State of California issued a “Stay At Home” public order. As a financial services provider, we will continue to keep our branches open. We recognize the critical role we play in our local communities, state, and nation’s infrastructure as an essential service, and we stay committed to serving the financial needs of our members through these challenging times.

In support of government guidelines, we encourage you to take advantage of our online and mobile applications to conduct your essential banking from the safety and comfort of your home.

If you do decide to visit us, our doors will be open, but we have made a few adjustments to support social distancing and help protect our members and employees.

We also know you may have some concerns with the economic uncertainty caused by COVID-19 and want to assure you that your money is safe with Wescom. Your deposits are insured up to $250,000 by the National Credit Union Association (NCUA). Plus, with more than $3.5 billion in assets, we hold ourselves to even higher capitalization standards than required by the NCUA.

We understand that there may be instances where members find themselves facing financial difficulties. Wescom is here to help and we encourage you to reach out to discuss how we might be of assistance. More information can be found on wescom.org.

We will continue to monitor the rapidly changing impact that COVID-19 has on our members, employees, and Southern California communities and look for ways to further assist you. Please continue to visit wescom.org/COVID-19 and follow our social media channels for updates.

Darren Williams

President & CEO