BECU to expand Northshore presence with new financial center in Bothell

Local credit union to open new Neighborhood Financial Center next spring

  • Sunday, September 29, 2019 8:30am
  • Business

BECU, Washington’s largest community credit union, announced it will open a neighborhood financial center next year in Bothell.

This will be the second financial center in the city of Bothell, serving more than 30,000 local members.

At more than 2,500 square-feet, the financial center will be located in the Thrashers Corner neighborhood near the corner of 208th Street Southeast and Bothell-Everett Highway. The new center will join BECU locations in Lynnwood, Mill Creek, downtown Bothell and Woodinville to better serve members who live in the area.

Consistent with BECU’s other locations, the new Bothell location will feature a “tellerless” layout, which empowers members to access their accounts in the ways most convenient for them, including ATMs, online banking and mobile banking, according to a press release. Member consultants will be available to assist with these transactions and provide one-on-one support for opening accounts and more complex services, such as mortgages, personal loans, auto loans and business services. The new financial center will also have three ATMs. BECU is federally insured by NCUA and an Equal Housing Opportunity lender.

Building stronger communities

As a member-owned financial cooperative, BECU is committed to investing in the financial health of its members and communities, the press release states. Last year, the credit union returned $312 million ($277 per member) to its members through better rates and lower fees compared to bank averages, and donated $5.7 million to its communities through philanthropic giving and community programs.

Commitment to financial education

According to the release, BECU goes beyond the dollars and is dedicated to providing its members with the financial education, tools and resources needed to build a stronger financial foundation. This includes extending resources to parents to have the next big talk with their teen about smart money management. The conversation guide (available in English and Spanish on BECU.org) features questions, tips and activities for parents and teens to do together that reinforce important areas of financial health.

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