Cause IQ organization profile

Credit Unions in the State of Washington Boeing Employees Credit Union (BECU)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

BECU is a credit union based in Tukwila, WA that was founded in 1935. As of 2019 they had $861 million in revenue and $19 billion in assets.They are a child organization of Credit Unions in the State of Washington / Division of Credit Unions.

BECU is a cooperative society organized under Washington law as a nonprofit corporation for the purposes of promoting thrift among its members and creating a source of credit for them at fair and reasonable rates of interest.

Previous legal names or variations of their name include: Credit Unions In The State Of Washington; Boeing Employees' Credit Union Becu; Snohomish County Pamona Number 12; and White Knuckle 4x4.

EIN:
91-0219435
City:
State:
Metro:
Website:
Phone:
800-233-2328
Twitter:
Founded:
1935
Type:
501(c)(14)
NTEE:
Revenue:
$861,138,238
Assets:
$19,588,565,098
Employees:
2,422
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at BECU

Total 1,162,490 members; 128,613 new members for 2018; 164,878 loans originated totaling $8,287,831,172.

Form 990s for BECU

Fiscal year endingDate received by IRSFormPDF link
2018-12Jun 9, 2020990View PDF
2017-12Feb 21, 2019990View PDF
2016-12Jan 18, 2018990View PDF
2015-12Mar 30, 2017990OView PDF
2014-12Feb 17, 2016990OView PDF
...and seven more Form 990 PDFs

Financials for BECU

Field2018
Total grants, contributions, etc.$0
Program services$732,004,564
Investment income and dividends$124,443,692
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$3,156,845
Net gain from sale of non-inventory assets$1,264,962
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$268,175
Total revenues$861,138,238

Vendors for BECU

VendorServicesAmount paidDate
KimbiaFundraising software2020-03-06
███████ ███ ████Fundraising software; Payment processing2020-03-06
████ █████ ███Tax accounting2019-11-14
███ █████ █████████Branding and Advertising$9,266,3802018-12-01
████Online Banking$12,279,2142018-12-01
██████ ███Financial Services$6,760,7192018-12-01
██████████ █████████████Financial Services$10,277,3712018-12-01
██████████ ███████Administration of Loyalty Rewards$7,388,4202018-12-01
...and 11 more vendors

Personnel at BECU

NameTitleCompensationMost recent data
John PorterPresident and Chief Executive Officer$1.3 millionDec. 31, 2017
Katherine ElserSenior Vice President and Chief Financial Officer / Senior Vice President of Finance and Administration, Chief Financial Officer, and Corporate Treasurer$386,037Nov. 23, 2017
█████ ███████Senior Vice President Finance and Chief Financial Officer / Senior Vice President of Finance and Chief Financial Officer$298,940Sept. 11, 2019
██████ ██████Senior Vice President and Chief Information Officer$547,496Dec. 31, 2017
███ ██████Chief Information Officer and Senior Vice President of Information Technology-Sept. 6, 2019
███ ████████Senior Vice President of Marketing and Cooperative Affairs-Feb. 24, 2018
█████ ██████████Vice President It Business Solutions$339,673Dec. 31, 2017
███████ █████Senior Vice President of Human Resources$607,069Feb. 24, 2018
████ ████████Senior Vice President of Retail-Feb. 24, 2018
███████ ████████Senior Vice President Retail$531,218Dec. 31, 2017
...and 21 more key personnel

Peer credit unions

 NameTypeRevenueLocation
1Space Coast Credit Union501(c)(14)$226 millionMelbourne, FL
2Eastman Credit Union (ECU)501(c)(14)$216 millionKingsport, TN
3Idaho Central Credit Union501(c)(14)$239 millionPocatello, ID
4The Golden 1 Credit Union501(c)(14)$483 millionSacramento, CA
5Suncoast Credit Union501(c)(14)$380 millionTampa, FL
6Citizens Equity First Credit Union501(c)(14)$234 millionPeoria, IL
7Alliant Credit Union501(c)(14)$329 millionChicago, IL
8Wright-Patt Credit Union (WPCU)501(c)(14)$217 millionBeavercreek, OH
9San Diego County Credit Union (SDCCU)501(c)(14)$303 millionSan Diego, CA
10Delta Community Credit Union501(c)(14)$282 millionAtlanta, GA
11State Employees' Credit Union501(c)(14)$1.5 billionRaleigh, NC
12Patelco Credit Union501(c)(14)$264 millionPleasanton, CA
13Credit Unions Chartered in the State of Michigan - 48 Lake Michigan Credit Union501(c)(14)$284 millionGrand Rapids, MI
14Ent Credit Union501(c)(14)$244 millionColorado Springs, CO
15Texas Dow Employees Credit Union (TDECU)501(c)(14)$218 millionLake Jackson, TX
16Redwood Credit Union501(c)(14)$215 millionSanta Rosa, CA
17Bellco Credit Union501(c)(14)$223 millionGreenwood Village, CO
18Pennsylvania State Employees Credit Union (PSECU)501(c)(14)$235 millionHarrisburg, PA
19Star One Credit Union501(c)(14)$217 millionSunnyvale, CA
20Baxter Credit Union501(c)(14)$238 millionVernon Hills, IL
21Vystar Credit Union501(c)(14)$391 millionJacksonville, FL