BECU (Boeing Employees Credit Union) is headquartered in Tukwila and is the largest credit union in the state of Washington. It is also the 4th largest credit union in the nation. It was established in 1935 and as of December of 2019, it had grown to 2,277 employees and 1,237,456 members at 56 locations. BECU (Boeing Employees Credit Union) has an A+ health rating.
Membership in BECU is open to anyone through membership in Northwest Credit Union Foundation's "Friends of the Foundation" ($20 membership fee). Membership is also open to the following: 1) those who lives, works, worships, or attends school in the state of Washington; 2) those who live or work in Benton, Clackamas, Columbia, Lane, Linn, Marion, Multnomah, Polk, Washington, and Yamhill counties in Oregon; 3) current or former Boeing employees, employees of Boeing subsidiaries; 4) members of the University of Washington Alumni Association.
See current membership details
I have had BECU for over 12 years and have been treated with nothing but respect and have been helped by people that have gone above the average in customer service.
Their rates have saved me thousands of dollars of interest, and after getting several car loans with them I have been very happy with their product.
I have been able to save more money by consolidating my services and have had help with every phase of my banking needs.
I am very happy with BECU and have urged many people to switch from regular banks to this great credit union.
I have had this credit union now for over 15 years, and have had nothing but the best of service and help from this institution. I have my car loan, line of credit, and banking and savings accounts with them. I don't have a lot of money, but what little I do have I trust that this credit union will always have my back. I don't trust banks or for-profit institutions and will never use them again after having used credit unions since I started using them a long time ago. With Boeing, I've found people who care, who listen and offer the right mix of checking and savings accounts for those of us with less money. Overall, I would highly recommend them.
I had an excellent experience opening a savings and checking account at BECU for my teen son who just got his first job. The customer service employee who assisted us was friendly, knowledgeable and very patient explaining the details about the account and helping my son set up both his ATM card and online banking account. The child/teen savings account gives generous interest for the first $500 and my son has enjoyed seeing his money grow. The website is easy to navigate and informative. We enjoy using a local credit union and are happy we chose BECU.
I hope that someone high up in the bank sees this.
I have been a member since i was like 12. So for 8 years. Recently I fell for a scam. A horrible scam. I was hoping that the bank could help me more but turns out that they won't. I understand where the bank is coming from that because money was spent out of my account that i owe it but that bank also needs to look into the whole thing more before they just start blaming one side. other banks would have stopped the scam from happening because they would have noticed that i wasn't the one doing the transactions by my how I've handle my banking in the past. apparently i was wrong in thinking that. This isnt a bank its a credit union that just wants to take money when things go south. A real bank would have stopped it.
Don't use this Credit union. It is not helpful when things get rough.
|Return on Assets - YTD||1.4%|
|Return on Equity - YTD||12.54%|
|Annual Interest Income||$796.9MM|
|Assets and Liabilities|
|Assets||Q4 2019vs Q4 2018||$22.18B$19.60B|
|Loans||Q4 2019vs Q4 2018||$14.23B$12.94B|
|Deposits||Q4 2019vs Q4 2018||$17.94B$16.51B|
|Equity Capital||Q4 2019vs Q4 2018||$2.45B$2.13B|
|Loan Loss Allowance||Q4 2019vs Q4 2018||$109.8MM$103.2MM|
|Unbacked Noncurrent Loans||Q4 2019vs Q4 2018||$36.8MM$32.5MM|
|Real Estate Owned||Q4 2019vs Q4 2018||$1.2MM$194.00K|
Rates for BECU (Boeing Employees Credit Union) are currently being reviewed.