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Boeing Employees’ Credit Union is a Seattle-based financial cooperative that offers the standard lineup of checking and savings accounts, credit cards, loans and investment services.
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BECU is an American credit union based in Tukwila, Washington, in the Seattle metropolitan area. It was named the Boeing Employees' Credit Union for much of its history and originally served employees of The Boeing Company. Membership was later expanded to all residents of Washington and some counties in Oregon and Idaho. [2]
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Well, for one thing, the 401(k) benefits Boeing offered were pretty generous -- at most, a 10% company contribution plus a 75% employer match on employees' voluntary contributions up to 8%.
The union also wanted to restore traditional pensions that were axed a decade ago but settled for an increase in new Boeing contributions to employee 401(k) retirement accounts of up to $4,160 per ...