WEPCO Membership

WEPCO Federal Credit Union is a federally insured and chartered credit union, with more than 32,000 members and assets over $230 million. WEPCO Federal Credit Union was founded in 1950 by the employees of West Virginia Pulp and Paper Company, which had changed names many times over the year. Unfortunately, after 133 years, the mill, now part of the Verso Corporation, closed on June 30, 2019. While the mill may be closed, we remain open and strong for those members that worked there as well as the additional members that we serve. 

As a credit union, we are a member-owned, not-for-profit financial institution that exists solely for the benefit of its members. We pay higher rates on shares and deposits and charge lower loan rates than most banks and other for-profit financial institutions. We encourage members to save for the future and use credit wisely, and we provide the products and services that allow members to do so.

With just a $5.00 deposit in a Share Savings Account, your membership in WEPCO Federal Credit Union can be established. Then, let WEPCO Federal Credit Union become your financial institution of choice!

You can enjoy all the benefits of WEPCO Federal Credit Union membership if you meet one of the following criteria:

  • A former employee of Verso Corporation, Luke, Maryland, or
  • Live, work, attend school, or worship in as well as a business or legal entity within Allegany and Garrett Counties in Maryland, or Mineral, Tucker and Preston Counties in West Virginia.
  • You have an immediate relative who is a member of WEPCO Federal Credit Union or qualifies for membership. Immediate family is defined as spouse, child, sibling, parent, grandparent or grandchild. This includes stepparents, stepchildren, stepsiblings, and adoptive siblings. It also includes anyone residing in the same household maintaining a single economic unit.
  • You are a current or retired employee/member of any of our other membership groups that we serve.

We have numerous employee and organizational groups within our field of membership. If you are unsure if you are eligible to join, please contact a credit union office. Our staff will be eager to assist you in joining our membership family.

Your membership will not change should you change jobs, retire, or relocate. We’ll continue to provide you with the quality member service you’ve come to enjoy at WEPCO Federal Credit Union. Our philosophy is “Once a member, always a member.”

Qualifying for Membership examples:

Example 1:

Q: My father-in-law (my husband’s father) has an account with WEPCO. Can I join through him?

A: No. Your husband would have to join for you to become a member if you cannot qualify by any other means. Your in-laws are not considered “immediate” family per NCUA’s definition.

Example 2:

Q: My sister lives in Allegany County, Maryland but she does not currently have an account with WEPCO. I live in California. Can I join through my sister?

A: You can! Because your sister is your “immediate” family member and resides in a qualifying county (Allegany), you can join WEPCO, even though your sister is not a member.

Example 3:

Q: My employer has a business account with WEPCO but their business in not in WEPCO ‘s field of membership. My employer had the business in Allegany County, but now they have moved to Fredrick County, Maryland. I do not have any immediate family that qualify to join through and cannot join under any qualifier. Can I join because my employer has a business account with WEPCO?

A: No. Your employer would have to apply to be added to our field of membership as a Select Employee Group (SEG). If your employer’s business was still in Allegany County, a qualifying county, because you work there, you could have joined. But since the business is now located in Fredrick County, Maryland, you would not qualify.

Example 4:

Q: I live in Washington County, but I belong to the VFW is in Garrett County, Maryland. Since the VFW located in a qualifying county, is a legal entity, and I am a member, can I join WEPCO?

A: No, the legal entity, in this case, VFW would have to apply to become a Select Employee Group (SEG) with WEPCO. Then, all its members could join, regardless of where they now live.