Nonprofits Reap Benefits of BECU Expansion
A community helpline that provides services to the disabled, elderly and low-income were among the nonprofits that marked the recent celebration of BECU's newest branch opening.
The $8.6 billion BECU in Tukwila, Wash. opened a neighborhood financial center Feb. 5 in the Lower Queen Anne business district, which is within walking distance of many businesses, apartments, condos and homes, the cooperative said. To celebrate the grand opening, BECU representatives were out in the neighborhood demonstrating how credit unions give back to their members by handing out dollar bills to community members.
BECU also marked the Queen Anne grand opening by presenting donations to local nonprofits Plymouth Housing Group and Queen Anne Helpline during a ribbon-cutting ceremony Feb. 4. Plymouth operates several housing complexes in Seattle including one in the Lower Queen Anne neighborhood. Queen Anne Helpline provides a variety of support services to low-income, elderly and disabled community members.
"BECU is thrilled to be growing in our local community," said BECU President/CEO Gary Oakland. "Unlike banks, which emphasize profits for shareholders and executives, BECU is a cooperative of our members. Our profits are invested right back into better benefits for our members and the communities we serve in Western Washington."