Product/Service Spotlight
Investments (WesCorp Certificates)
Earn up to 20 basis points more than Agency securities---sometimes more.
Example: How much more yield could a $1 million, 1-year certificate earn?
An extra $1,500 - $2,000 in annual income!
- Maximize ROA
- Increase the safety and soundness in your balance sheet
- Manage excess liquidity
Term Fixed-Rate Certificates
WesCorp offers fixed-rate certificates with terms from overnight to ten years. Certificate yields are tiered with minimum investment amounts of $5,000, $100,000, $1 million and $5 million. Dividends are paid monthly unless otherwise stated. Rates are published for terms from seven days to five years, but you may choose your own terms up to 10 years according to your credit union's needs.
Term Floating-Rate Certificates
WesCorp's floating-rate certificates are designed specifically for credit unions that want to benefit from the liquidity premium of a term investment while at the same time adding very limited interest-rate risk.
Callable and Step-Up Certificates
WesCorp's certificates with embedded options can give you higher yields. If you are looking for higher yields and can accept some option risk, callable or step-up certificates can be a great addition to your investment portfolio.
For more information, contact a WesCorp account executive today at (800) 442-4366, ext. 6307.