Weokie Credit Union

What Weokie Credit Union does

WEOKIE Federal Credit Union is a not-for-profit, member-owned financial institution founded in 1969 and headquartered in Oklahoma City, Oklahoma. It operates 12 branch locations across the Oklahoma City metropolitan area, including sites in Edmond, Midwest City, Moore, Yukon, and El Reno, plus two ATM-only Express locations, an operations center, and an administration center. The institution is federally chartered and insured by the NCUA, holding Equal Housing Lender designation (NMLS# 442689), SAFE Act registration, and HMDA compliance. WEOKIE serves individual consumer members and small businesses in Oklahoma, offering a full retail and commercial banking suite that spans checking, savings, money market, IRAs, certificates, credit cards, auto/personal/student refinance/mortgage/home equity loans, commercial loans with up to 30-year amortization, and add-on services including insurance, investment planning, identity protection, and partner products such as TruStage life insurance and Greenlight Select youth financial education.

The technology stack centers on the WEOKIE Mobiliti mobile app and online banking platform, powered by Fiserv, with Card Controls for real-time debit/credit card management (on/off switching, spending limits, merchant controls, travel notices, PIN resets), Notifi Alerts for threshold-based account monitoring, SavvyMoney for credit score tracking and personalized offers, and mobile wallet support for Apple Pay, Samsung Pay, and Google Pay. Members extend their effective footprint through 55,000+ surcharge-free ATMs via Allpoint Network, 5,300+ shared branching locations via Co-op Shared Branching, and vehicle-purchase channels including the credit-union-owned First Rate Autos dealership and the CUDL AutoSMART online platform. A 24/7 virtual assistant (Okie) and a call center (405-235-3030) provide additional service coverage.

WEOKIE's business model is interest-income-led with supplementary fee income. Documented pricing includes certificate APYs of 3.25%-3.80%, auto loan APRs from 3.99% (with a Smart Path subprime program at 12.99% APR through First Rate Autos), no payments for up to 60 days on vehicle and personal loans, up to 125% auto financing, zero-down no-PMI home loans with 100% financing, free internal and external loan transfers, and a $10 fee per online loan payment via debit/ACH. As a not-for-profit, WEOKIE returns surplus earnings to members rather than shareholders, claiming $43.5M in member savings since 2021 ($3.9M Member Rewards, $18.5M Account Fee Savings, $17.1M Refinance Savings). GTM is community-led and direct-to-consumer, supplemented by commercial lending delivered through branch appointments with loan specialists.

Name

Weokie Credit Union

Legal name

WEOKIE Federal Credit Union

Website

https://weokie.org

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

101–250 employees

Short description

WEOKIE Federal Credit Union is a not-for-profit, member-owned institution founded in 1969 operating 12 branches across the Oklahoma City metro. It offers consumer and commercial deposits, loans, mortgages, credit cards, and digital banking to individual and small business members.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (522130)

SIC

Savings Institution, Federally Chartered (6035), Personal Credit Institutions (6141)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industry

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Retail banking services
• Consumer lending
• Mortgage loans
• Credit union deposits
• Commercial lending

Headquarters

HQ city

Oklahoma City

HQ country

United States

HQ region

North America

Offices16 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Interest Income from Lending: WEOKIE generates revenue primarily through interest earned on loans including auto loans (as low as 3.99% APR), mortgages, personal loans, commercial loans, and credit cards. As a not-for-profit credit union, earnings are returned to members through lower rates and fewer fees.
2. Fee Income: Various service fees including loan payment fees ($10 for online payments via debit/ACH), potential overdraft fees, and other account-related charges. The credit union emphasizes fewer fees compared to traditional banks.
3. Membership Services: Revenue from membership services including checking accounts, savings accounts, certificates, IRAs, money market accounts, safe deposit boxes, and investment/financial services.

Pricing tiers

Go-to-market motion3 records

Distribution channels8 records

Marketing channels8 records

Core offering

Weokie Federal Credit Union is a not-for-profit, member-owned financial institution offering a full suite of consumer and business banking products and lending services across 12 branch locations in the Oklahoma City metro area. Its core offerings include checking, savings, certificates, money market, and IRA deposit products; consumer loans such as vehicle, personal, mortgage, home equity, and student loan refinancing; commercial loans with up to 30-year amortization; and Visa debit and credit cards. Members access these services via online and mobile banking, a 24/7 call center, shared branching through the Co-op network, and 50,000+ surcharge-free ATMs.

Product overview

WEOKIE Federal Credit Union is a not-for-profit, member-owned financial institution offering a comprehensive suite of banking and lending products across its 12 branch locations in the Oklahoma City metro area. The product portfolio centers on core deposit products (checking, savings, certificates, money market, IRAs) and lending products (vehicle loans, personal loans, mortgages, home equity, commercial loans, student refinancing) delivered through Online and Mobile Banking with integrated Card Controls and Notifi Alerts for account management. The ecosystem extends to partner services including insurance (Home & Auto, GAP, Payment Protection, TruStage Life, Affordable Healthcare), investment and financial planning services, shared branching through Co-op network, autoSMART and First Rate Autos for vehicle purchasing, Greenlight Select for youth financial education, and free credit score monitoring via SavvyMoney. The unified digital banking platform serves as the primary delivery channel, with branches offering full-service banking and shared branching capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Ultimate with BaZing Checking Checking account with BaZing rewards program offering up to $200 cash bonus for new accounts with qualifying actions; designed for individual consumer members.
• Savings Accounts Basic savings accounts with competitive rates for personal banking needs of consumer members.
• Certificates Term deposit accounts with highlighted rates including 3.75% APY for 12-month and 3.80% APY for 30-month terms; for consumer members seeking fixed-rate savings.
• Money Market Accounts Savings product with competitive market-based rates for members seeking higher returns with check-writing access.
• IRAs Individual Retirement Accounts including IRA savings with tax-advantaged retirement savings options for consumer members.
• Business Checking Accounts Checking accounts designed for business members with dedicated business banking services.
• Visa Debit Cards Debit card with access to 55,000+ surcharge-free ATMs, EMV chip security, and mobile payment convenience.
• Visa Credit Cards Personal and business credit cards with travel rewards or cash back options, zero fraud liability, and 24/7 cardmember service.
• Online and Mobile Banking Digital banking platform providing 24/7 account access, transfers, bill pay, e-statements, mobile deposits, and free credit score monitoring via SavvyMoney.
• Safe Deposit Boxes Secure storage for valuable documents and items at WEOKIE branch locations for consumer members.
• Overdraft Protection Automatic transfer service to prevent overdrafts, with Courtesy Pay offering protection up to $1,200.
• Investments & Financial Services Retirement planning, portfolio management, and free virtual financial workshops for members.
• Vehicle Loans Financing for autos, boats, RVs, and motorcycles with rates as low as 3.99% APR, up to 125% financing, and no payments for 60 days. Includes Smart Path program for challenged credit at 12.99% APR.
• Personal Loans Signature loans and storm shelter loans with low fixed rates, set payments and terms, and no payments for up to 60 days.
• Student Loan Refinancing Flexible refinancing option allowing members to consolidate multiple student loans into one payment.
• Mortgages Home purchase loans with flexible terms, pre-approval options, and competitive rates. Includes zero down, no PMI home loan with 100% financing.
• Mortgage Refinance Refinancing options to help members lower their existing mortgage payments.
• Home Equity Loans Home equity financing and lines of credit for home improvements, higher education, or other major expenses.
• Commercial Loans Business lending with low rates, flexible terms, and up to 30-year amortization for commercial real estate and business needs.
• Home & Auto Insurance Partner insurance products for bundled home and auto coverage with potential member discounts.
• GAP & Mechanical Coverage Guaranteed Asset Protection covering the gap between insurance and loan balance, plus mechanical breakdown protection for vehicles.
• Payment Protection Loan protection that cancels payments in cases of disability, involuntary unemployment, hospital stay, or death without negative credit reporting.
• Affordable Healthcare Health insurance options available to members through WEOKIE partnerships.

Quantifiable outcome

• $43.5M total savings for members since 2021 ($3.9M Member Rewards, $18.5M Account Fee Savings, $17.1M Refinance Savings)
• +3 more outcomes

Named customers7 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

AI capability6 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• First Rate AutoscoreChannel Partner/ Reseller/ DistributorFirst Rate Autos is WEOKIE's trusted partner for affordable vehicles and simple financing. As a credit union-owned dealership, it offers no-haggle pricing, inventory including repossessed vehicles, auction vehicles, and local sellers. Financing is available directly through WEOKIE. First Rate Autos is the required vehicle source for Smart Path Auto Loans for members with challenged credit.
• Allpoint NetworkcoreTechnology or IntegrationAllpoint is the world's largest surcharge-free ATM network with over 55,000 locations throughout the United States, Canada, Mexico, Puerto Rico, United Kingdom, and Australia. WEOKIE members can access these surcharge-free ATMs using their WEOKIE debit card at retailers including Target, Costco, Walgreens, CVS, and Exxon/Mobil.
• Co-op Shared Branching (Co-op Solutions)coreTechnology or IntegrationCo-op Shared Branching allows WEOKIE members to access their accounts at over 5,300 credit union locations nationwide. Members can perform transactions including loan payments, withdrawals, deposits, transfers, check cashing, money orders, cashier checks, and notary services at participating locations.
• FiservcoreTechnology or IntegrationFiserv powers the WEOKIE Card Controls mobile app, enabling real-time card management including balance information, transaction viewing, transfers, bill payments, check deposits, alerts, and card management features through the mobile device.
• CUDL AutosmartcoreTechnology or IntegrationCUDL Autosmart provides online car-buying services through the AutoSMART platform. WEOKIE members can research, shop, and finance vehicles through this platform with credit union financing. Partner dealers handle the WEOKIE transaction from start to finish.
• TruStageminorGTM or Marketing PartnerTruStage provides life insurance products marketed to WEOKIE members. WEOKIE receives referral marketing through TruStage insurance products offered to their member base.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Randolph-Brooks Federal Credit Union: Large federally chartered, member-owned credit union offering deposits, consumer loans, mortgages, and commercial lending with multi-state branch and digital reach. Comparable cooperative model and product breadth at materially larger scale.
• MidFirst Bank: Large Oklahoma-based commercial bank with strong presence in the OKC metro offering consumer deposits, mortgages, and business banking. Comparable customer base and geography but operating as a for-profit institution rather than a credit union cooperative.
• BancFirst Corporation: Oklahoma's largest state-chartered commercial bank with dense branch footprint across the OKC metro and statewide. Overlaps with WEOKIE on deposit accounts, consumer lending, mortgages, and small-business banking; larger scale and for-profit charter make it the dominant Oklahoma incumbent.
• SchoolsFirst Federal Credit Union: Large California-based, federally chartered, member-owned credit union with broad consumer deposit, mortgage, and lending products. Comparable cooperative charter and full-service retail banking focus at a much larger scale.

Regional players

• Numerica Credit Union: Member-owned credit union serving the Pacific Northwest with deposits, mortgages, consumer and commercial lending, and shared-branching access. Comparable mid-size community credit union profile with similar member-benefit positioning and product mix.
• Firstmark Credit Union: San Antonio-based community credit union with similar federally chartered, member-owned structure and retail/mortgage/auto product offering. Comparable size and product catalog but operates in a different regional market.

Direct peers

• Credit Union of Oklahoma: Community credit union headquartered in Oklahoma City serving members across the same metro. Comparable branch-based retail model with similar deposit and consumer loan product set targeting Oklahoma consumers and small businesses.
• Connexus Credit Union: Digital-forward member-owned credit union offering a similar core suite of consumer banking, auto, mortgage, and credit card products nationwide. Comparable product catalog and member-focused value proposition; differentiates via national digital acquisition.
• Alliant Credit Union: Large national, member-owned credit union offering consumer deposits, mortgages, auto loans, and credit cards with a digital-first delivery model. Comparable in product breadth and not-for-profit member-ownership model; differs in geographic reach and digital-only positioning.
• Tinker Federal Credit Union: Oklahoma-based federal credit union with multi-branch presence across the OKC metro. Directly comparable in geography, charter type (federal), member-owned structure, and breadth of consumer/commercial products including mortgages and auto lending.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/WEOKIECU
• YouTubeyoutube.com/user/weokiecreditunion
• Facebookfacebook.com/WEOKIE
• Instagraminstagram.com/weokie

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Weokie Credit Union