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Boeing Employees' Credit Union Review 2023

Updated January 1, 2023
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At a glance

3.7
Rating: 3.7 stars out of 5
Bankrate Score
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CDs

Rating: 3 stars out of 5

Checking

Rating: 4.8 stars out of 5

Savings

Rating: 2.8 stars out of 5

MMA

Rating: 2.8 stars out of 5

About Bankrate Score

Overview

BECU offers members full-service banking without many of the monthly fees found elsewhere. Savers hoping to earn a higher rate of interest — and those who don’t live in the Northwest or South Carolina — may be better off looking at other options.

Highlights

  • Highly Rated App
  • No Min Balance
  • No Monthly Fees
Compare offers
Bank logo
Member FDIC
Savings Account
3.30
%
APY
Rating: 4.9 stars out of 5
$0
Min. balance for APY
View offer Arrow Right
Bank logo
Member FDIC
Savings Account
3.30
%
APY
Rating: 4.7 stars out of 5
$0
Min. balance for APY
View offer Arrow Right
Bank logo
Member FDIC
Savings Account
4.15
%
APY
Rating: 4.7 stars out of 5
$0
Min. balance for APY
View offer Arrow Right

Overall

Boeing Employees’ Credit Union is one of the largest credit unions in the U.S. It offers members a variety of checking and savings products along with many online banking features.

Pros

  • Checkmark

    There are no monthly service fees or balance requirements.

  • Checkmark

    Member Advantage accounts pay higher rates on CDs, money markets and IRAs.

  • Checkmark

    BECU offers nationwide access to more than 30,000 surcharge-free ATMs.

Cons

  • Fees are low, but so are yields compared to other top credit unions.

  • Nearly all of the credit union’s branches are located within Washington state.

Boeing Employees' Credit Union bank products

2.8
Rating: 2.8 stars out of 5
Bankrate Score

Boeing Employees' Credit Union savings overview

To join the Boeing Employees Credit Union, one of three savings accounts must be opened: the Member Advantage Savings account, Member Share Savings account or Early Saver account. The Early Saver account is for those under age 18, while the Member Share Savings account is a basic option for savers.

The Member Advantage Savings option is only available for those who also have a Member Advantage checking account. In addition to a high yield that applies to a portion of the members' deposits, account holders get access to monthly ATM fee refunds.

Pros

  • Checkmark

    Member Advantage Savings provides a premium rate for the first $500.

  • Checkmark

    There are no monthly service fees and no minimum balance requirement.

  • Checkmark

    You can get free access to your FICO score.

Cons

  • Standard APYs are lower than the national average and much less than many top credit unions.

Compare Offer
Bank logo
Member FDIC
Savings Account
3.30
%
APY
Rating: 4.9 stars out of 5
Info
$0
Min balance for APY
View offer Arrow Right

Bank experience

BECU provides access to more than 30,000 surcharge free ATMs nationwide. Member Advantage members are refunded for out-of-network ATM surcharges up to $36 a month. There are also more than 50 branches in Washington state and North Charleston, South Carolina, for in-person banking.

To get in touch with the credit union for customer service, you can make an appointment online to visit a branch location in person. Phone lines are available throughout the week and on Saturdays through the early afternoon. It’s also possible to get help by sending a message  through the credit union’s mobile app.

The BECU mobile app scores well on Google Play and the Apple App Store. Members can take advantage of features like Zelle (a person-to-person payment option), bill pay, account alerts and budgeting tools that allow you to manage external and BECU accounts. You can also add your BECU debit and credit cards to Android Pay, Apple Pay, Samsung Pay, Google Pay, Fitbit Pay, LG Pay and Garmin Pay digital wallets.

About Boeing Employees' Credit Union

Boeing Employees’ Credit Union is the largest credit union in Washington state and the fourth-largest credit union in the United States. It serves nearly 1.1 million members.

Membership at BECU is available to residents, students, employees, business owners and churchgoers in Washington state, and designated counties in Idaho and Oregon. You can also join if you work for Boeing, or are a member of one of two alumni associations or of the NW Credit Union Foundation, which can be joined online.

Review methodology

With so many financial institutions to choose from, it can be hard to know who to trust. Bankrate’s ever-growing list of bank and credit union reviews is updated regularly. Our editorial team analyzes and reviews each institution across deposit products such as savings accounts, checking accounts, certificates of deposit (CDs) and money market accounts (MMAs). Banks are rated by important factors such as offered interest rates, fees, minimum balance requirements, access to funds and more.

We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.