BECU
Encyclopedia
BECU is a credit union
Credit union
A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members...

 originally established to serve employees of The Boeing Company
Boeing
The Boeing Company is an American multinational aerospace and defense corporation, founded in 1916 by William E. Boeing in Seattle, Washington. Boeing has expanded over the years, merging with McDonnell Douglas in 1997. Boeing Corporate headquarters has been in Chicago, Illinois since 2001...

. 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. Based in Tukwila, Washington
Tukwila, Washington
Tukwila is a city in King County, Washington, United States. The northern edge of Tukwila borders the city of Seattle. The population was 19,107 at the 2010 census.-History:...

, BECU has over $8 billion in assets and over 650,000 members, making it the largest credit union in Washington and fourth largest in the United States. Gary Oakland is the current President and CEO.

BECU has over 40 Neighborhood Financial Centers throughout the Puget Sound
Puget Sound
Puget Sound is a sound in the U.S. state of Washington. It is a complex estuarine system of interconnected marine waterways and basins, with one major and one minor connection to the Strait of Juan de Fuca and the Pacific Ocean — Admiralty Inlet being the major connection and...

 area. Anyone who lives, works, owns a business, attends school or worships in Washington is eligible to join BECU, as are past and current employees of The Boeing Company
Boeing
The Boeing Company is an American multinational aerospace and defense corporation, founded in 1916 by William E. Boeing in Seattle, Washington. Boeing has expanded over the years, merging with McDonnell Douglas in 1997. Boeing Corporate headquarters has been in Chicago, Illinois since 2001...

, its subsidiaries or affiliates, BECU itself, and the Museum of Flight
Museum of Flight
The Museum of Flight is a private non-profit air and space museum at King County International Airport , south of downtown Seattle, Washington. It was established in 1965 and is fully accredited by the American Association of Museums...

. Additionally, all related by descent, adoption, marriage or domestic partnership to a person meeting one of the above criteria are eligible.
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