Boeing Employees Credit Union

Boeing Employees Credit Union, commonly known as BECU, is one of the largest credit unions in the United States by assets. It was founded in 1935 to serve Boeing employees and is headquartered in Tukwila, Washington. Over time, membership eligibility has expanded significantly beyond Boeing workers.

BECU is a member-owned, not-for-profit financial cooperative. It is insured by the National Credit Union Administration up to $250,000 per depositor, giving members the same level of federal deposit protection as they would have at a bank through FDIC insurance. Because profits are not distributed to outside shareholders, BECU generally aims to offer competitive rates and fewer fees than many traditional banks.

BECU commonly offers checking and savings accounts, auto loans, mortgages, personal loans, credit cards, and business banking services. Its auto loan rates are frequently cited as competitive in the Pacific Northwest. It also offers a range of credit cards, including cashback options.

Membership is available to Boeing employees and their family members, but also to individuals who live, work, volunteer, worship, or attend school in Washington State, as well as residents of Oregon who live in certain qualifying counties near the Washington border. Family members of existing members can also join. This relatively broad eligibility means a large portion of Washington residents may qualify.

BECU operates branches primarily in Washington State, particularly in the greater Seattle and Puget Sound region. It provides full online and mobile banking services for members across the country.

People who live or work in Washington State or who have family connections to existing BECU members should check the current eligibility criteria on BECU's website before applying.