Checking

Share Draft

You must be at least 181 years old to open a share draft (checking) account with WEPCO.  To begin your share draft (checking) at WEPCO Federal Credit Union, a minimum deposit of $20.00 is required.   If a check order is being placed, the balance requirement may increase to suffiently cover the electronic payment (ACH) cost of the checks being ordered.  After the opening deposit and subsequent check order ACH debit (if applies), you CAN carry a zero (0) balance and no fee will apply.

1A member who 16 years old CAN open a checking account if there is an adult who is 18 or older on the account with them. The checks MUST require two (2) signatures (if applies). They may also apply for a VISA Debit Card but the adult who is 18 or older on the account with them MUST sign as the resonsible party for the account and debit card.

The account must have a balance of $100 to earn dividends.  Dividends are posted quarterly and are subject to change. 

Unlimited number of checks per month can be written from this account as funds allow.  Cancelled checks are not returned to member.  However, copies of share drafts (checks) are available online through our FREE  PAL Plus online account acesss.  Converted checks which are checks that are processed as ACH transactions are not available online, but a copy can be requested if needed.   You may receive your statement by mail or through eStatements.  Both PAL Plus and eStatements are available to all members absolutely FREE for secure, fast and convenient access to your account(s) or statement(s) 24/7.

For Seniors age 60 or older with Direct Deposit, WEPCO offers select checks FREE of charge!

For a complete list of fees that may apply to a Share Draft Account, please click here.

Added Value Checking Account Option

WEPCO also offers to our members a valued added checking called Priority Checking.  With Priority Checking, our members have all the same features of our regular share draft account but with the following added features:

  • AD&D Insurance with an additonal coverage for Common Carrier
  • Travel Discount
  • Extended warranty
  • Prescription, Glasses and Contact Discounts
  • Shopper Assistance
  • Travel Planner Guidebooks
  • Card Protection
  • Free Checks

The cost for all these benefits are only $5.00 a month for our members who are 49 and younger and $2.50 a month for our members who are 50 or older.

Courtesy Pay

Your personal Share Draft (checking) account2 will be authorized for Courtesy Pay 60 days after the opening date if the account is in good standing. This service allows WEPCO to pay an item presented for payment against your account, even if it causes the account to become overdrawn. While it is not an invitation to overdraw your account, it is an added layer of safety should you accidentally present items for more than you have in your account, or an inadvertent error causes the account to become overdrawn.

Courtesy Pay adds a pre-approved $500 overdraft limit to your personal Share Draft (checking) account. If you overdraw your account, we may pay each item up to your $500 limit. Your account will be accessed a non-sufficient funds or Courtesy Pay charge of $30 for each item we pay against an overdrawn account.

If you have established other overdraft protection methods, such as a line of credit or automatic transfer from your other account(s), we will always look to pay any overdraft by those other methods first before paying your overdraft utilizing Courtesy Pay and imposing a $30 fee for each overdraft we pay.

There are many benefits to you with this authorization.

  • You won't pay merchant returned check charges.

  • You won't pay collection agency fees for returned items.

  • You avoid the embarrassment of items returned for insufficient funds.

  • You have the added measure of safety protecting your good credit ratng.

We require no applications or additional signatures from you to add this safety measure to your personal Share Draft account. Courtesy Pay is simply a way for WEPCO to provide a higher level of service to our members by helping protect your account and reputation.  You may also opt-out of of this service if you do not wish coverage.

WEPCO will charge $30 per ACH (automatic debit) or share draft (check) that utilizes Courtesy Pay on a share draft account only.  Courtesy Pay does not include coverage for any one-time debit card or ATM transaction.   WEPCO will cover up to and not to exceed $500 for overdrafts which includes the charge(s) of $30 for each utilization of Courtesy Pay.  Members have up to 44 days to repay any overdrawn account.  First notice of a overdrawn account status is mailed on the fifteenth (15th) day  proceeding the negative balance.  Second notice is mailed on the thirty-first (31st) day proceeding the negative balance. Upon reaching the 45 day proceeding the negative balance, the members account will be closed unless payment arrangement were made with our Collection Department.

2If a member has more than one Share Draft account with WEPCO, only one Share Draft is available for this coverage.  Member must choose which account to add this coverage to and sign an opt-out form for the additional account. 

Qwik Draft Bill Payer

Qwik Draft Bill Payer is our online Bill Payer service.  You can use it to pay your one-time or recurring bills to save time and money.  Qwik Draft is free to all members with a share draft account.  Effective May 1, 2010, any member that has been inactive for 90 days on Qwik Draft will be deactivated.   In addition, some vendors are available for eBill which links your online vendor account with Bill Payer.

Note: A Share Draft account is required prior to the issuance of Qwik Draft service.

 

VISA Debit Card

Our VISA Debit Card is FREE to members and can be used anywhere VISA is accepted.  You may make purchases at merchants' stores which gives you convenient access directly to your available funds in your Share Draft account.  In addition, you will have access to your Share Savings and Share Draft available funds at any VISA/Star/Plus ATM (Automated Teller Machine).  We charge NO FEE to our member card holders at our ATMs.  However, when you use another financial institutions ATM, however a surcharge fee may apply.  Please read the surcharge sign at any ATM prior to using the ATM.  For a complete list, click here.  While WEPCO does not charge a fee or a usage fee, using an ATM other than the ones listed may result in a fee charge by the owner of the ATM.

WEPCO has five ATM's located at our Bloomington, Keyser, Oakland, LaVale Branches and on the main level lobby of Garrett Co. Memorial Hospital, Oakland, MD. ATM access is also provided at any STAR, Plus or VISA ATM. Again, its FREE to Members at our ATM’s.  Members who use ATM's in the Western Maryland ATM connection, which includes Potomac FCU, Teacher FCU, ALGAR FCU, KELCO FCU, SECU, Chessie FCU will not be surcharged. 

A Share Draft (checking) account is required in order to obtain a VISA Debit Card.  If you already have a Share Draft account with us, why not apply today..using our online application.

Activate Debit Cards

When ordering or reissuing a debit card, VISA does not mail the card activated for security reasons.  Once you recieve your card, you will need to activate the card using your personal PIN provided by VISA.  To activate you will need to call, 1-800-448-8268.