In today’s financial landscape, where banking options abound, finding the right institution to meet your needs can be overwhelming. Traditional banks have long been the go-to choice for many, however consumers are quickly realizing that credit unions are often a better optionknowing that local credit unions offer all of the advantages of a bank, yet more perks for your wallet.
Let’s delve into the unique advantages of banking with Wheelhouse Credit Union and compare its offerings to those of traditional banks.
Enhanced Rewards Program
Wheelhouse Credit Union stands out among banks and other credit unions with its unique Debit Rewards1 program, designed to benefit its members in meaningful ways. While traditional banks may offer basic rewards like cashback or travel points for credit card purchases, Wheelhouse Credit Union takes it a step further. Our Debit Rewards program typically offers higher cashback percentages and a broader range of rewards categories. With our rewards program, Members can earn points for every qualifying transaction made with their Wheelhouse Visa® Debit Card, including on expenses like groceries, dining, and even online shopping.
Competitive Dividend Rates
When it comes to savings accounts, traditional banks often offer meager dividend rates that fail to keep up with inflation. Some are near zero. Wheelhouse Credit Union, on the other hand, frequently provides competitive rates on their savings and high-yield checking accounts—as much as 3.00% APY* when you go with Inspired Checking2. This means your money can work harder for you, generating more substantial returns over time. By leveraging higher dividend rates, Wheelhouse Credit Union empowers its Members to grow their savings and achieve their financial objectives faster.
Community-Focused Approach
One of the defining features of credit unions like Wheelhouse is their community-focused ethos. Unlike traditional banks, which are profit-driven entities, credit unions are not-for-profit cooperatives owned by their Members. This ownership structure allows credit unions to prioritize the needs and interests of their members above all else. Wheelhouse Credit Union is deeply committed to supporting the local community through financial literacy programs, charitable initiatives, and personalized Member service. Choosing a credit union over a traditional bank means you become part of a community that truly cares about your financial well-being.
Personalized Service and Member Benefits
Traditional banks often struggle to provide personalized service in an era dominated by digital interactions. Wheelhouse, however, excels in offering a more intimate and personalized banking experience while also putting cutting edge technology in the palm of your hands. With a credit union, you are not just an account number but a valued Member. Wheelhouse Credit Union takes pride in providing tailored financial advice, educational resources, and exclusive Memberbenefits. From financial planning assistance to educational workshops and discounted rates on loans, Wheelhouse Credit Union goes the extra mile to support Members’ financial success.
By choosing Wheelhouse, you become part of a supportive community that is committed to your financial well-being.
WheelhouseCU.com | 619-297-4835
* APY = Annual Percentage Yield. Rates are effective as of 01/10/2025 and are subject to change without notice.
1 Debit Reward Points are earned each time you use your Wheelhouse® Visa® Debit Card on qualifying Non-PINbased point-of-sale (POS) transactions. Qualifying Non-PIN based POS transactions include debit transactions, contactless payments, card swipes, and signature-based transactions. Cash advances and ATM transactions are not considered qualifying transactions. All reward points will post to your account upon verification of qualifying transactions. For every qualified three dollars ($3.00) charged to the cardholder’s enrolled debit card, you will earn one (1) reward point. Log in to Digital Banking to view and redeem points. For a complete list of qualifying categories, visit WheelhouseCU.com/BonusRewards. Contact the Cards & Operations Department at (619) 297-4835 with questions or disputes regarding qualifying transactions.
2 To receive the APY of 3.00%, you must make a minimum of 20 qualifying purchase transactions using your Wheelhouse® Visa® Debit Card associated with an Inspired Checking account per calendar month and/or maintain an average daily balance of $75,000 or higher. No minimum balance is required to earn dividends. Inspired Checking is a variable rate account. The APY may change after account opening. APY is accurate as of the last dividend declaration date. Fees could reduce earnings on the account. Inspired Checking requires an initial minimum deposit of $10, monthly direct deposits totaling $450 or more, an active online banking registration, and eStatementswithin 90 days of account opening. If requirements are not met and maintained, account will be converted to a Basic Checking Account which may be subject to different terms, conditions, and restrictions.
Other terms, conditions, and restrictions may apply. Membership is required.
© 2025 Wheelhouse Credit Union. Federally Insured by NCUA.
