Is BECU a real bank?
BECU is a credit union originally established to serve employees of The Boeing Company. As of April 2021, BECU had over $26.8 billion in assets and over 1.2 million members, making it the largest credit union in Washington and fourth largest in the United States.
Why can’t I log into BECU?
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How do you qualify for BECU?
Currently, anyone who lives, works, worships, or goes to school in Washington state can qualify and be eligible for BECU membership. Residents of select counties in Oregon and Idaho, as well as members of partner associations (like UW or WSU ) are also eligible.
What is a BECU membership?
BECU is a member-owned credit union, not a bank, and we’re here to make our members’ lives easier by saving them money. That’s why we offer our members free or low-cost services and competitive rates on loans and credit cards. By establishing membership with us, you’ll get these membership benefits and more.
Is BECU better than Bank of America?
Results were generated by 16 employees and customers of BECU and 492 employees and customers of Bank of America. BECU’s brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of BECU….BECU vs Bank of America.
Is BECU a good credit union?
About BECU The credit union offers all types of personal banking accounts, from checking and savings to money market and CD accounts, in addition to loans and mortgages, investments and business accounts. GOBankingRates has named it one of the Best Credit Unions of 2021 in its annual rankings list.
Is BECU only in Washington?
BECU has 50+ convenient locations around Puget Sound, Spokane and South Carolina.
Does BECU have a monthly fee?
We offer free checking, no maintenance fees and no minimum balances. We partner with the community to offer some seriously sweet member discounts.
How much do I need to open a BECU account?
Membership in the Credit Union is obtained by opening a Share account with a minimum deposit of $25. Deposits are actually shares that have a par value of $5 each.
Is it easier to get a loan from a credit union than a bank?
Credit unions typically offer lower fees, higher savings rates, and a more hands-and personalized approach to customer service to their members. In addition, credit unions may offer lower interest rates on loans. And, it may be easier to obtain a loan with a credit union than a larger impersonal bank.
Which is the best credit union for Boeing employees?
Boeing Employees Credit Union (BECU) is a good example of a relatively well-run Credit Union. Their fees are minimal, their rates for all loan types are good, too. Keep in mind, you’ll have to apply for a membership to get accepted.
Is the BECU credit union an affiliate of BECU?
AutoSMART services are provided by Credit Union Direct Lending and is not affiliated with BECU. BECU specifically disclaims all warranties with regard to dealers’ products and services. Dealer fees apply. BECU loan financing subject to credit and underwriting approval, and may change without notice.
What do you need to know about BECU loans?
Final loan approval is subject to funding review by BECU. Actual rate may be higher. Financing is subject to BECU credit approval and other underwriting criteria; not every applicant will qualify. Applicants must open and maintain BECU membership to obtain a loan.
What are the benefits of being a BECU member?
BECU membership comes with member benefits. The BECU community is over 1 million strong and we give back to our members and community. There are two ways to automatically pay your auto loan every month from a BECU account: