In 1969, the employees of Western Electric of Oklahoma pooled their resources to form a not-for-profit cooperative and named it WEOKIE (WE = Western Electric, OKIE = Oklahoma). Today, WEOKIE has grown to become one of the largest financial institutions in Oklahoma, providing a full range of financial products and services to help members plan and build a secure financial future with lower loan rates, higher savings rates and fewer service fees. WEOKIE is federally insured just like a bank. The federal insurance for WEOKIE is provided by the National Credit Union Administration, NCUA.