Watermark Credit Union
Watermark Credit Union is a mid-sized, state-chartered credit union headquartered in Seattle, WA. The credit union operates 8 branches in 1 state (Washington). It has $546.8 million in assets and roughly 77,900 members.
Products offered include: Standard CD, Jumbo CD, Super Jumbo CD, Savings, Money Market, IRA Money Market and High Yield Checking.
Current Watermark Credit Union Rates
| Name | Term | APY | Min Deposit | |
| Standard CD | 3 months | 0.15 % | $500 | |
| 6 months | 0.20 % | $500 | ||
| 1 year | 0.40 % | $500 | ||
| 2 years | 0.45 % | $500 | ||
| 3 years | 0.65 % | $500 | ||
| 4 years | 1.25 % | $500 | ||
| Jumbo CD | 3 months | 0.20 % | $50,000 | |
| 6 months | 0.25 % | $50,000 | ||
| 1 year | 0.45 % | $50,000 | ||
| 2 years | 0.70 % | $50,000 | ||
| 3 years | 0.80 % | $50,000 | ||
| 4 years | 1.30 % | $50,000 | ||
| Super Jumbo CD | 3 months | 0.20 % | $100,000 | |
| 6 months | 0.25 % | $100,000 | ||
| 1 year | 0.45 % | $100,000 | ||
| 2 years | 0.70 % | $100,000 | ||
| 3 years | 0.80 % | $100,000 | ||
| 4 years | 1.30 % | $100,000 | ||
| IRA CD | 3 months | 0.20 % | $500 | |
| 6 months | 0.25 % | $500 | ||
| 1 year | 0.45 % | $500 | ||
| 2 years | 0.75 % | $500 | ||
| 3 years | 0.85 % | $500 | ||
| 4 years | 1.35 % | $500 | ||
| IRA Jumbo CD | 3 months | 0.20 % | $50,000 | |
| 6 months | 0.35 % | $50,000 | ||
| 1 year | 0.45 % | $50,000 | ||
| 2 years | 0.75 % | $50,000 | ||
| 3 years | 0.85 % | $50,000 | ||
| 4 years | 1.35 % | $50,000 | ||
| IRA Super Jumbo CD | 3 months | 0.20 % | $100,000 | |
| 6 months | 0.25 % | $100,000 | ||
| 1 year | 0.45 % | $100,000 | ||
| 2 years | 0.75 % | $100,000 | ||
| 3 years | 0.85 % | $100,000 | ||
| 4 years | 1.35 % | $100,000 |
Watermark Credit Union Membership Eligibility
You can become a member if any of the following apply:
- You live, work, worship or go to school in any county within Washington State.
- You are a family member of an existing or potential member
- You are a member or employee of one of the 270 employers and organizations affiliated with Watermark Credit Union
About Watermark Credit Union
Founded in 1938, Watermark Credit Union is a member-owned, not-for-profit financial institution. It was formed to encourage members to save by offering a fair return,
then using those savings to offer loans to other members at competitively-low interest rates.
Through the years, the credit union continued to grow in assets, membership, and stature. In the 1980's, AT&T was disbanded and the telecommunications industry became regionalized, with US West becoming the telephone company for this area. Around the same time, the National Credit Union Administration (a federal regulatory organization) announced that federal credit unions could serve employees of more than one company. In 1985, the credit union expanded beyond the telephone company and began serving employees of other local companies that wanted to offer credit union membership as an employee benefit.
Although much has changed over the decades, the most important factors remain the same: Watermark Credit Union is a member-owned, not-for-profit financial institution led by an unpaid, volunteer Board of Directors who are elected by and from the membership. It embodies the philosophy from which the credit union movement began - people banding together to have access to the very best service, rates, and products.