We know you’re busy. Now you can save time and a trip to the branch by remotely depositing checks from the comfort of your home using your iPhone or Android device.* Show
It's as easy as:
Be sure to endorse checks properly!
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Or check out this tutorial:Check out our Mobile Deposit FAQs for full informationDeposit Schedule
Note: You can verify that your check has been reviewed and accepted for deposit by clicking "Deposit Check History" under the Deposits menu in the Mobile App. **If Monday is a holiday, the funds will be available the next business day. Click here for EFCU Financial's holiday schedule. *Mobile Deposit is functional on iPhone and Android apps only. Your wireless carrier may assess you fees for data or text messaging services. Please consult your wireless plan or provider for details. Available for some accounts only. Deposit limits may apply. Full disclosures here.
GOBankingRates ScoreQuick Take: Wright-Patt Credit Union services individuals in Ohio and makes the GOBankingRates Top 100 Banks of 2022 rankings for the low fees and competitive rates you'd expect from a credit union. A comprehensive selection of accounts is another selling point. The following Wright-Patt Credit Union review highlights what you need to know before opening an account.
How did we calculate this? Start this Wright-Patt Credit Union review with a quick look at the financial institution’s strengths and weaknesses. Pros
Cons
Overview of Wright-Patt Credit UnionSince the early 1930s, Wright-Patt Credit Union has strived to give back to the community by providing superior service and quality financial products and services to qualified members. Ranked by Forbes Media as the best Ohio credit union in 2019 and one of the Top 100 Banks of 2022 in the latest GOBankingRates study, WPCU serves residents of the Southwest and Central Ohio counties, military service personnel and employees of Wright-Patterson Air Force Base, and Wright State University students, faculty members, staff members and alumni. In addition to the Ohio branch locations — “member centers,” in WPCU parlance — credit union members can access shared banking locations nationwide, plus 40,000 ATMs with no or low fees. Wright-Patt Credit Union Review Product DetailsMuch like a traditional bank, WPCU offers a variety of products and services you would expect from a financial institution. However, there are also several unique, customer-oriented programs for members. Here are the personal products and services that Wright-Patt Credit Union offers: Wright-Patt Credit Union Checking AccountsWPCU has three personal checking account products offering checking solutions built around the different ways members do their banking. Each account offers unique benefits and rewards. There are no monthly service charges or minimum balance requirements with Checking with Dividends and CentsibleSpend accounts, although you’ll need to open a Centsible Spend account with at least $25. Checking with Dividends requires a $1,000 minimum opening deposit and minimum balance. You’ll earn 0.04% APY on your balances up to $24,999.99 and 0.08% on balances of $25,000 and higher. Debit card purchases made from Wright-Patt checking accounts are eligible for the Purchase Rewards Program to earn cash back. Wright-Patt Credit Union Savings AccountsWPCU savings accounts include a high-yield, club, youth, custodial and health savings account with no monthly service fees. Members ages 17 to 24 can sign up for Student Essentials, a basic savings account with higher rates when combined with a checking account. For the highest APY, open a True Saver account. The first $500 earns a 6.00% APY, followed by 0.15% for amounts over $500. Youth and custodial accounts are eligible for TrueSaver rates, all with a minimum opening balance requirement of $5. Wright-Patt Credit Union Money Market AccountsWhen it comes to money market accounts, WPCU offers some of the best account benefits for its members. Access your funds at a branch with a check or electronically through mobile or online banking. You can also utilize WPCU ATMs. Tiered rates increase as the balance grows with a $100 minimum to earn 0.15% and at least $30,000 for the highest yield of 0.30% APY. Free checks are available with a $10,000 balance or higher. Wright-Patt Credit Union CD RatesWACU’s share certificates — the credit-union equivalent of a certificate of deposit — have a low opening deposit of $500 and a variety of terms between six and 72 months to choose from. Jumbo certificates require a $100,000 minimum. Rates range between 0.40% and 0.95% APY for regular certificates and 0.50% and 1.06% for the jumbo certificates, which require the $100,000 minimum. Compare the best CD rates before committing your funds for an extended term. Best Features of Wright-Patt Credit UnionWright-Patt Credit Union’s biggest selling features boil down to four: rates, fees, opening deposit requirements and customer service. RatesCredit unions aren’t for-profit and pass the savings on to members in the form of better interest rates and fewer fees. Wright-Patt’s rates on its deposit accounts beat many of the largest banks’. FeesIn addition, fees are comparatively low, with no service fees on its checking and savings accounts. Opening Deposit RequirementsThere are minimal requirements to open an account. Some accounts may require just $5, considered the membership share amount. Others such as a money market require $100, or $500 for traditional CDs. Customer ServiceAll in all, the low fees, favorable rates and minimal opening deposit requirements are part of the excellent customer service experience provided to members.
Banking ExperienceWPCU lets you bank the way you want to. Stop in at a member center or shared banking center, or take advantage of online and mobile banking. Members also have access to over 40,000 low- and no-cost ATMs. EligibilityThe following individuals can qualify for membership:
Customer ServiceMembers have several ways to get in touch with a WPCU representative. They can fill out a question/feedback form on the website, access the 24-hour line at 800-336-7277, call the Member Help Center at 800-762-0047 Monday through Friday from 8 a.m. until 8 p.m. and Saturday from 9 a.m. until 1 p.m. or write to WPCU at 3560 Pentagon Blvd., Beavercreek, Ohio, 45431-1706. Accessibility and Branch AvailabilityWPCU offers over 35 branches, some with drive-thru windows throughout Southwest and Central Ohio. There are also 5,300 shared branching locations. Mobile and Digital ExperienceWPCU has a full suite of digital services that let you manage your finances at home or on the go. Sign up for electronic statements and account notifications, track accounts you have with WPCU and other financial institutions and take advantage of budgeting tools to track spending and pay off your debt. To bank from your phone or another mobile device, download WPCU’s mobile app for Android or Apple. You can use the app to pay bills, deposit checks, pay WPCU loans and transfer money between accounts. The app’s Popmoney feature, which is similar to Zelle, lets you send money to family and friends. And you can activate Purchase Rewards for cash back on purchases you make using your debit card. The app has a rating of 4.8 out of 5 stars in the Apple Store and about the same rating on Google Play. Convenience and Ease of UseBetween the member and shared banking center locations and digital tools, banking with WPCU scores high points for ease and convenience. How To Open an AccountYou must be a member to open an account. You will need to first meet the eligibility requirements and choose the TrueSaver Savings Account as one of your required account options, in addition to any other accounts you might wish to open. FeesCredit unions are member-owned, so their fees tend to be lower than banks’. That’s certainly the case with WCPU. The CentsibleSpend monthly maintenance fee is just $4, and the $19 overdraft fee is also low — and completely avoidable. Here are some other common fees charged by WPCU.
Wright-Patt Credit Union vs. CompetitorsThe following banks and credit unions can be considered Wright-Patt’s competitors and are worth comparing.
Wright-Patt Credit Union vs. PNCIf you’re interested in earning some free money for opening an account, PNC has bank promotions available such as the chance to earn up to $400 when you use a Virtual Wallet product or $100 for opening a PNC credit card. There are no Wright-Patt account promotions at this time. Wright-Patt Credit Union vs. Credit Union of OhioWright-Patt limits membership to a handful of Ohio counties in the center and southwest. The Credit Union of Ohio expands to include a selection of counties as well as employer groups such as State of Ohio employees and emergency responders. Wright-Patt Credit Union vs. Alliant Credit UnionAlthough Wright-Patt Credit Union offers a variety of account options and competitive rates, Alliant has a wider reach for a credit union. Wright-Patt Credit Union membership is limited to the state of Ohio while Alliant members can reside anywhere in the U.S. Final TakeWPCU offers a variety of products and services to fit almost any stage of life. For people who meet WPCU’s membership qualifications and prefer to bank online or through their mobile devices, the credit union could be a great match. You can’t join right now because of the coronavirus pandemic, but if you’re looking to switch to a credit union, WPCU is likely worth the wait. Wright-Patt Credit Union FAQThe following questions may not have been covered in this Wright-Patt Credit Union review.
Cynthia Bowman contributed to the reporting for this article. Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Jan. 12, 2022. Editorial Note: This content is not provided by Wright-Patt Credit Union. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by Wright-Patt Credit Union. Is this your bank?Thank You For Signing Up!Get ready to receive top financial tips from the experts at GOBankingRates. Take Advantage of our Best Offer(s)Does WPCU have mobile deposit?WPCU's Mobile Check Deposit makes it easy to deposit checks right from your mobile device. All you need to do is snap a photo of the front and back of your signed check and deposit it using WPCU's Mobile App. There's no need to wait in line or drive to a Member Center!
How long does WrightFunds will not be available until the second business day after the day of your deposit. However, the first $225 of your deposit will be available on the first business day after the day of your deposit. Items deposited could be delayed for a longer period. .
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