BECU is a
credit union
A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provisi ...
originally established to serve employees of
The Boeing Company
The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product ...
. BECU was founded as Fellowship Credit Union in 1935 by 18 Boeing employees, and was named Boeing Employees' Credit Union for much of its history. Its headquarters are located in
Tukwila, Washington
Tukwila ( ) is a suburban city in King County, Washington, United States, located immediately to the south of Seattle. The population was 21,798 at the 2020 census.
Tukwila is a community of communities, with residents of many diverse origi ...
. As of December 2021, BECU had over $30.2 billion in assets and over 1.3 million members as of December 2021, making it the largest credit union in Washington and fourth largest in the United States. Benson Porter is the current President and CEO.
BECU has over 52 locations throughout the
Puget Sound region
The Puget Sound region is a coastal area of the Pacific Northwest in the U.S. state of Washington, including Puget Sound, the Puget Sound lowlands, and the surrounding region roughly west of the Cascade Range and east of the Olympic Mountains. ...
, three locations in
Spokane
Spokane ( ) is the largest city and county seat of Spokane County, Washington, United States. It is in eastern Washington, along the Spokane River, adjacent to the Selkirk Mountains, and west of the Rocky Mountain foothills, south of the Ca ...
, and two branches in
North Charleston, South Carolina
North Charleston is the third-largest city in the state of South Carolina.City Planning Department (2008-07)City of North Charleston boundary map. City of North Charleston. Retrieved January 21, 2011. On June 12, 1972, the city of North Charlest ...
.
Originally, BECU was only open to past and present employees of the Boeing Company, its subsidiaries or affiliates, BECU itself, and the
Museum of Flight
The Museum of Flight is a private non-profit air and space museum in the Seattle metropolitan area. It is located at the southern end of King County International Airport (Boeing Field) in the city of Tukwila, immediately south of Seattle. ...
. In 2002, membership was opened to those who live, work, go to school, or worship in Washington state and their family members.
On November 2, 2017, BECU changed its logo, replacing the 'cursive E' logo that had been used by the organization since the late 1980s, with a sans-serif logo.
References
External links
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Credit unions based in Washington (state)
Boeing Employees' Credit Union
Privately held companies of the United States
1935 establishments in Washington (state)
Banks established in 1935
Companies based in Tukwila, Washington
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