Wings Financial Credit Union is an airline industry-focused credit union that is eligible to consumers who are broadly involved with the airline industry or who live in the Seattle or Minneapolis areas. The credit union focuses largely on personal depository banking products and services, but does offer a business checking account.
Wings Financial’s checking account offers cash back rewards for debit card usage, free checks, no monthly service charges, and an allowance of free ATM withdrawals from ATMs not owned by Wings. The credit union’s savings account offer is a basic, dividend bearing account that provides 24/7 access to funds. Money market accounts have a minimum initial deposit requirement and offer higher dividends for higher average balances. Share certificates and IRA certificates are available in term lengths from 3 months to 5 years and occasionally Wings Financial offers special rates on them. DepositAccounts.com has featured the credit union’s CDs repeatedly in the past. Various consumer loans are offered for homes, cars, and boats, and the credit union partners with a real estate company to offer home-buying guidance and services. Wings Financial Advisors offer brokerage services and financial solutions to members looking to plan for retirement or obtain various insurance and investment products.
Wings Financial Credit Union online banking provides a system through which members can track and manage their account activity securely and easily. It functions as a way to perform tasks like eStatement viewing, financial management software integration, and fund transfers. The credit union has also released mobile banking apps that are optimized for select smartphones and tablet devices.
Wings Financial CU was founded chartered in 1938 as the Northwest Airlines Employees Credit Union by a group of Northwest Airlines employees. In 2010, the credit union merged with City County FCU of Minneapolis and doubled its number of branches in the Minneapolis-St. Paul. It is currently headquartered in Apple Valley, Minnesota, and serves its members through numerous branches located around the twin city area.
Field of Membership Restrictions
Membership in Wings Financial is open to anyone through joining Wings Financial Foundation ($5 donation). Membership is also open to employees and retirees within the aviation industry within the United States and to those who live or work in the 13 counties of the Minneapolis/St. Paul Metro Area in Minnesota and those who live, worship or work in the Puget Sound Area of Seattle/Tacoma in Washington. Immediate family of current Wings members may also join.
See current membership details
Wings Financial Excellent Bank
I also saw the low score on this site and was surprised. I have been a member for 30 years. I was so glad to leave my other bank. This bank provides services with no fees. In addition you earn decent interest on all accounts and they are very competitive with Mortgage rates and CD’s. Customer service is excellent.
Good Rate But Snuck In Expensive Insurance
I got a car loan for about 19K that I got a 3.7% APR on which I felt was a good rate but looking at my documentation later I realized my estimated payment at the end of my loan was almost $3000 more than what I should pay with that rate. I emailed and then called and after speaking to a few people learned that I had an expensive insurance plan for my loan that I do not recall agreeing to.
They Stole My Money
Wings Credit Union has proven to be a complete failure, with atrocious customer service. They have been accused of inappropriately handling funds, and in my personal experience, they have attempted to withhold my remaining balance after I closed my checking account and credit card with them. Claimed to of issued a refund check, I never received it, they never provided proof of the refund, tracking, etc. Then after a year of following up asking for my refund they insisted on charging me a fee to reissue a check that they said was never cashed. This behavior is utterly deplorable and unacceptable towards their customers.
Pure Garbage
Absolutely terrible experience...and just when you think it can't worse, these crooks proves it can. AVOID AT ALL COSTS
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68601 |
| Year Chartered | 1938 |
| Employees | 681 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.17% |
| Return on Equity - YTD | 1.85% |
| Annual Interest Income | $410MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $9.37B$9.6B |
| Loans | Q4 2024vs Q4 2023 | $6.81B$6.57B |
| Deposits | Q4 2024vs Q4 2023 | $7.02B$6.77B |
| Equity Capital | Q4 2024vs Q4 2023 | $868.4MM$815MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $76.9MM$50.9MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $42.4MM$20.4MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $1.9MM$1.3MM |
