APPLE VALLEY, Minn. -- Marking its first major partnership since withdrawing a controversial merger proposal, Wings Financial Federal Credit Union announced on June 13 that it has secured an agreement with JetBlue Airways to offer products and services to the more than 11,000 crewmembers of the New York-based carrier.
As part of the agreement, the $1.6 billion Wings Financial said it will open new branches and install new ATM machines in or near key JetBlue locations. Wings Financial will also offer JetBlue crewmembers a customized line of checks featuring JetBlue images.
"We're excited about our new partnership with JetBlue and we look forward to serving their crewmembers nationwide," said Paul Parish, Wings Financial president/CEO in a statement. "JetBlue continues making a positive impact on the air transportation industry that we have served proudly for nearly 70 years."
JetBlue serves 54 cities with up to 575 daily flights, according to the carrier.
"Partnering with Wings Financial was an easy choice for us," said Vinny Stabile, senior vice president of people for JetBlue. "The size and strength of Wings Financial will bring value to JetBlue crewmembers through low loan rates and fees, high savings rates and great service. Moreover, it is clear how in tune Wings Financial is with the busy lifestyle of airline employees."
In 2004, Wings Financial began serving employees of AirTran Airways. The credit union recently made headlines after a merger proposal campaign involving members of $182 million Continental Federal Credit Union was deemed an attempt at a "hostile takeover." Continental FCU has said it turned down merger proposals from Wings Financial on four different occasions.
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