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BECU

BECU is a member-owned, not-for-profit credit union that has been member owned since 1935.

Last updated September 11, 2026

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Overview

BECU is a member-owned, not-for-profit credit union. It describes itself as a financial cooperative that exists to actively serve its membership and is committed to improving the financial well-being of its members and communities. BECU is a cooperative society organized under Washington state law as a nonprofit corporation, and it is governed by a Board of Directors. It offers a full suite of financial products including checking and savings accounts and auto, home and student loans.

History

BECU states that it has been member owned since 1935 and that since its founding in 1935 it has remained committed to changing financial lives for the better. It describes itself as a financial cooperative that exists to actively serve its membership, and as a cooperative society organized under Washington state law as a nonprofit corporation. As a member-owned cooperative, BECU is governed by a Board of Directors responsible for guiding the general direction of the credit union in the best interests of the membership and in accordance with BECU bylaws.

Products and positioning

A member-owned, not-for-profit credit union focused on members' financial well-being.

Product categories. Checking accounts · Savings accounts · Credit cards · Personal loans · Home loans · Car loans · Business loans · Student loans

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