Concept

Wings Financial Credit Union

Résumé

Wings Financial Credit Union is a not-for-profit, member-owned credit union headquartered in Apple Valley, Minnesota. With assets of

8.4 billion, the credit union serves eligible Minnesota and Wisconsin counties, the metro areas of Seattle/Tacoma, Detroit, Orlando, Atlanta and employees in the air transportation industry nationwide. Wings was chartered in 1938 and is regulated by the National Credit Union Administration (NCUA). Wings Financial was founded in 1938 as the Northwest Airlines Employees Credit Union by a group of seven Northwest Airlines employees in St. Paul, Minnesota. The credit union grew slowly and steadily over its first few years. Significant growth began after World War II as Northwest Airlines expanded across the country and the Pacific. Between 1945 and 1949, the Credit Union grew nearly 500%, fueled by those returning from the war. Subsequent years saw consistent growth from the credit union. The credit union passed

100 million in assets in 1984 and achieved

500 million in 1997. On August 2001, the credit union passed

1 billion in assets. In 2004, the credit union expanded beyond Northwest Airlines and opened its doors to other employees in the air transportation industry in the United States. To reflect a changing membership, the name of the credit union was changed to Wings Financial Federal Credit Union. In August 2009, members of Wings Financial voted to become a state-chartered credit union, extending membership to thirteen counties in the Minneapolis-Saint Paul area. In 2010, Wings announced a merger with City-County Federal Credit Union of Minneapolis, doubling the number of branches it operated in the Minneapolis-St. Paul area and increasing its membership by 50%. The merger was finalized in 2011. In 2014, Wings began a partnership with the Minnesota Zoo. As a part of this partnership, Wings is the namesake sponsor of the Wings Financial World of Birds Show. In 2018, Wings purchased three branches of KleinBank. 4,500 KleinBank customers have became Wings members.

Source officielle

https://en.wikipedia.org/wiki/Wings_Financial_Credit_Union

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