Whatcom Educational Credit Union Ferndale WA | Best Auto Loans & Business Banking

Introduction

Welcome to Whatcom Educational, your trusted partner in financial wellness, located at 5659 Barrett Rd, Ferndale, WA 98248. Since our establishment in 1936, we have dedicated ourselves to serving our community with integrity and commitment. With a thriving membership of 163,950 and total assets exceeding $2.89 billion, we are proud to support your financial journey whether it's saving for a new home or financing your next vehicle. At Whatcom Educational, we understand that every member has unique needs. That's why we offer a comprehensive range of services, including checking and savings accounts, auto loans, mortgages, personal loans, credit cards with rewards, and business banking solutions. As of now, our total loans and leases stand at 94,417, demonstrating our active role in helping members achieve their financial goals. While you can visit us at our Ferndale branch for personalized service, please note that official correspondence should be sent to our mailing address: PO Box 9750, Bellingham, WA 98227. With a robust net worth of $354 million and over $266 million in deposits, we are financially stable and ready to assist you. Led by CEO Jennifer Kutcher and Board President Gabriel Mast, our dedicated team of 410 employees is here to ensure you receive the best service possible. Feel free to reach out to us at 360-756-7353 or visit us online at wecu.com for more information about how we can help you. Join us today and experience the difference a community-focused credit union can make in your life!

Branch History & Mission

Join Us

As we continue this journey together, we invite you to become part of the Whatcom Educational family. Experience firsthand the benefits of membership from competitive rates on loans and savings accounts to exclusive member events that enrich your connection with the community. Feel free to reach out at 360-756-7353 or visit us during our operating hours: Monday through Thursday from 9:00 AM to 5:30 PM; Friday from 9:00 AM to 6:00 PM; and Saturday from 9:00 AM to 1:00 PM. Together, let's build a brighter financial future!

Our Journey

Located at 5659 Barrett Rd, Ferndale, WA 98248, our branch is easily accessible for all your banking needs. From humble beginnings, we have evolved through various milestones that reflect our commitment to our members and the community. Our mission is not just about providing financial services; it's about making a difference in people's lives. We pride ourselves on being more than just a bank. Whatcom Educational aims to enhance financial literacy and support local initiatives that uplift our community. We believe in building strong relationships with our members by offering personalized services tailored to their unique needs. While members can visit us at 5659 Barrett Rd, official correspondence should be sent to PO Box 9750, Bellingham, WA 98227. Whether you're stopping by for personal banking or exploring options for business loans, our friendly staff is here to assist you.

Our Mission

At Whatcom Educational, our mission is clear: we strive to provide exceptional financial services while fostering a sense of belonging among our members. Our offerings include checking and savings accounts, auto loans, mortgage loans, personal loans, credit cards with rewards, and business banking solutions. In addition to traditional banking services, we embrace technology to enhance your experience. With online and mobile banking options available, you can manage your finances anytime, anywhere. We also ensure accessibility for everyone by maintaining ADA compliance throughout our facilities. Our commitment extends beyond banking; it includes active participation in community outreach programs. We partner with local organizations to support educational initiatives and foster economic development within Ferndale and surrounding areas.

Branch Location & Accessibility

Convenience and Accessibility

Our Ferndale location is designed with your comfort in mind. We offer ample parking right outside our doors, so you won't have to worry about finding a spot when you arrive. The branch is fully ADA compliant, ensuring that everyone can access our services with ease.

Get in Touch

Have questions or need assistance? Don't hesitate to call us at 360-756-7353. Our friendly staff are always ready to help you out! We invite you to visit us soon and experience the warmth of Whatcom Educational Credit Union firsthand. Your financial well-being matters to us!

Operating Hours

We understand that life gets busy, which is why we offer flexible operating hours. You can visit us Monday through Thursday from 9:00 AM to 5:30 PM, and on Fridays until 6:00 PM. Need to stop by on Saturday? We're open from 9:00 AM to 1:00 PM! For those who prefer drive-thru banking, we've got you covered with extended hours available until 7:00 PM during the week and the same Saturday schedule.

Services Available

At Whatcom Educational Ferndale Branch, we provide a full range of personal banking services tailored just for you. From checking and savings accounts to auto loans and mortgages, we're here to support your financial journey. If you need quick cash or account assistance, our ATM is available for your convenience. Plus, our drive-thru service allows for easy deposits and withdrawals without leaving your car!

Member Eligibility

At Whatcom Educational, we believe that joining our community should feel like becoming part of a family. If you're wondering how to become a member, it's simpler than you might think! To be eligible, you typically need to live, work, or attend school in the areas we serve. This means if you're from the local community, you're likely already qualified! We encourage everyone to check out our detailed eligibility criteria at for the most up-to-date information. Becoming a member at Whatcom Educational comes with great benefits, such as access to personalized financial services and support tailored just for you. Plus, our friendly team is always ready to help with your banking needs. When you're ready to open an account, just give us a call at (360) 756-7353, or visit us at our branch located at 5659 Barrett Rd Ferndale Wa 98248. We can't wait to welcome you into our community!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $2,100 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $11 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $504,656,331, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we provide comprehensive merchant services that simplify transactions and enhance customer experiences. Imagine effortlessly accepting payments online and in-store, enabling you to focus on what matters most growing your business. Our services are crafted to meet your needs, ensuring you're equipped with the tools necessary for success. Located at 5659 Barrett Rd Ferndale Wa 98248 in Ferndale, WA, our team is ready to partner with you on your journey toward success. Reach out to us at (360) 756-7353 to learn more about how we can support your business today!

Comprehensive List Of Services

Business Banking

For local businesses, we provide essential services such as merchant services and business loans. Whether you're starting a new venture or expanding an existing one, our financial solutions are crafted to support your growth.

Convenient Access

At Whatcom Educational, we also prioritize convenience with our ATM services and drive-thru banking options. Need to make a quick deposit or withdrawal? Our basic drive-thru service allows for simple transactions without having to leave your car. Whether you're withdrawing cash from an ATM or checking balances on-the-go, our digital banking features ensure that managing your money is hassle-free. In summary, Whatcom Educational offers comprehensive financial services designed for both personal and business needs. We invite you to visit us at 5659 Barrett Rd Ferndale Wa 98248 or call us at (360) 756-7353 to learn more about how we can assist you today. Experience the difference of community-focused banking where your needs come first!

Credit Cards

For those looking for rewards on their spending, our credit cards come with attractive benefits that can enhance your purchasing experience. Enjoy cash back or travel rewards while making everyday purchases.

Personal Banking

Our personal banking offerings include checking and savings accounts designed to help you manage your finances effectively. With user-friendly online and mobile banking options, accessing your accounts is easy and convenient. You can check your balance, transfer funds, and even pay bills right from your smartphone. Need a new vehicle? Our auto loans and vehicle financing options make it simple to get behind the wheel without breaking the bank. We understand that buying a car is a big decision, so we work with you to find a loan that fits your budget. If you're thinking about buying a home or refinancing your current mortgage, our mortgage loans provide competitive rates and flexible terms. Our experienced staff will guide you through the process, ensuring that you feel confident every step of the way. When life throws unexpected expenses at you, our personal loans can help ease the burden. We offer debt consolidation options as well, allowing you to combine multiple payments into one manageable monthly fee.

Digital & Online Banking

Key Services

Our online banking platform is accessible 24/7 at https://www.wecu.com/. This means you can check your balances, transfer funds, and pay bills whenever it suits you. Plus, if you're on the go, our mobile application brings all these features right to your fingertips, making it easy to handle your banking needs wherever life takes you. We also provide electronic signature authorization, allowing you to sign documents quickly and securely without the hassle of printing or scanning. Say goodbye to paperwork and hello to efficiency! For those who prefer paperless options, e-statements are available for an easy way to keep track of your account activity while reducing clutter. You can access these statements anytime through our online portal.

Payment Features

Need to send money to a friend? Our person-to-person transfer feature lets you send cash directly from your account without any fuss. And if you love the convenience of mobile payments, you'll be glad to know that our services support this too! Just link your accounts and enjoy the freedom of paying with your smartphone. With all these features backed by strong security measures, you can rest assured that your information is safe with us. Whether you're at home or on the move, managing your finances has never been easier. Discover how simple banking can be with Whatcom Educational your partner in financial success!

Financial Strength

Commitment to Growth and Innovation

With $342,940,295 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to growth is further supported by our lending capacity of $2,276,482,651 across various sectors, including $33,522 in used auto loans.

Member-Centric Savings Options

Members' savings are secured through $532,301,708 in share certificates and $65,957,597 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $6,284,526, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our net income of $10,607,084, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 405 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Foundation

With a net worth of $354,624,694, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,225 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Strong Community Trust

The trust placed in us is evident with a total of 247,597 accounts held by our growing member base. This reflects the confidence our community has in Whatcom Educational, reinforcing our role as a reliable partner for your financial needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Whatcom Educational is your trusted partner. Visit us at 5659 Barrett Rd Ferndale Wa 98248 or call (360) 756-7353 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $559,285,816 in used vehicle loans and $98,469,575 in new vehicle loans already helping members get on the road. Whether you're looking for a new or used vehicle, our financing options can make your purchase easier and more affordable.

Credit Lines and Unsecured Loans

For those seeking flexibility in their borrowing options, we have credit lines available totaling $962,277,406. Additionally, our unsecured credit card loans amounting to $46,318,734 help members manage their finances effectively without the need for collateral.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $122,190,214, make buying or refinancing simple. We provide various mortgage products that cater to different needs and budgets.

Refinancing Options

If you're considering refinancing an existing loan or mortgage to secure better terms or lower payments, we have options tailored for you. Our team is ready to assist you in navigating through these choices to find what works best for your situation. At Whatcom Educational, we pride ourselves on offering personalized service and competitive rates. Our financial data is sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. No matter what your financial goals may be, we're here to help you every step of the way. Visit us today or contact us for more information!

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