BECU Commits $5 Million Over the Next Five Years to Support Racial Equity

Credit union will partner with nonprofits through the Black Community Development Project

 

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Oct 28, 2020

SEATTLE (October 28, 2020) — BECU, one of the country’s largest community credit unions, today announced a $5 million commitment over the next five years to support Black communities and racial equity in Washington.

Oct 12, 2020

SEATTLE (October 12, 2020) — Today, nearly 2,400 employees from BECU, one of the country’s largest community credit unions, will participate in its Annual Day of Service remotely, assembling more than 25,000 personal supply kits for nine nonprofit organizations that are helping its communities in Washington and South Carolina.

Oct 6, 2020

SEATTLE (October 6, 2020) — BECU, one of the country’s largest community credit unions, has welcomed Fumbi Chima as its executive vice president and chief information officer (CIO), following Tom Morgan’s retirement in July. Chima leads the credit union’s technology (IT) division, overseeing technology strategy, information security and IT operations for its nearly 2,500 employees and over 1.2 million members.

Apr 21, 2020

SEATTLE (April 21, 2020) — BECU, the country’s largest community credit union, today released its 2019 Annual Report to members on BECU.org. The member-owned credit union ended the year with more than 1.2 million members (an increase of 6.5%), over $22.2 billion in assets (a 13.2% increase) and a net worth (capital) ratio of 11.41%.

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About BECU

We're a not-for-profit credit union dedicated to improving the financial well-being of our members. With more than 1.2 million members and more than $25 billion in assets, BECU is the largest not-for-profit credit union in Washington and one of the top five financial cooperatives in the country. As a member-owned credit union, BECU is focused on helping increase the financial well-being of its members and communities through better rates, fewer fees, community partnerships and financial education.

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