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Boeing CU’s Trust Unit in Pact With MEMBERS Trust

Nearly eight years after its launch through Boeing Employees Credit Union, BECU Trust Co. is moving in a much bigger direction.

By Michelle A. Samaad | Updated on July 17, 2011

Nearly eight years after its launch through Boeing Employees Credit Union, BECU Trust Co. is moving in a much bigger direction.

On July 7, BECU Trust announced its plans to merge with MEMBERS Trust Co. Under terms of the merger agreement, BECU Trust will gain an ownership interest in MEMBERS Trust. Headquartered in the Seattle area, BECU Trust has over $165 million in assets under management. The Tampa, Fla.-based MEMBERS Trust has over $700 million in assets under management.

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