Special Accounts Types Available

In addition to our personal and business offerings, WSECU makes other account types available to our members with special circumstances or financial needs. Keep in mind, some products and services are not available on special account types. We're happy to discuss the details; visit your nearest branch or give us a call at 800.562.0999 for more information.

Youth Accounts

WSECU offers the following account options to help set our young members up for financial success:

  • Minor accounts are available for members up to 18 years of age and may have products and services beyond a savings account with a responsible adult as a joint owner.
  • Uniform Transfer to Minor Accounts (UTTMA) enable a custodian to take care of funds for a minor (up to age 21), and later transfer the account to the minor. Until that point, the custodian has sole access to the account.
Trust Accounts

A trust is an arrangement where one person, called a trustee, holds legal title to property for another person, called a beneficiary. A living trust is a trust you create while you're alive. You can be the trustee of your own living trust, keeping full control over all property held in trust.

We offer accounts for revocable living trusts and irrevocable living trusts. To open either type of trust account, the trustor(s) – the individual(s) who supplied the funds or property in the trust – must be members of the credit union with established accounts. We also need a certification of the Trust Agreement signed by all trustees.

Before opening a trust account, please consult a legal advisor to determine the type of trust that suits your needs and to obtain any legal documentation needed.

Representative Payee Accounts

These accounts are designed for individuals who have had a representative payee designated to manage benefits they receive from Social Security (SSA) or Supplemental Security Income (SSI). The representative payee performs all actions on these accounts for the benefit of the account owner.

Organizational Accounts

Just like you, we're passionate about the community. That's why we offer accounts designed with groups, associations and organizations in mind. With an organizational account, your group will have access to numerous products and services like Online Banking with free Bill Pay and Shared Branching. Contact us at 800.562.0999 or visit your nearest branch for more information about setting up an organizational account.