Wings Financial is a not-for-profit credit union headquartered in Apple Valley, Minnesota. It serves employees in the air transportation industry and has a $7.9 billion assets. It offers a wide range of banking products and services, including online banking. Members can choose between checking, savings, and loans.
Wings Financial was founded by a group of aviation industry professionals who wanted to make banking easier. They used their vast experience in the industry to develop an approach to financial education that would appeal to people. As a result, their campaign drew record-breaking numbers of new members and loan approvals. In the process, they tapped into a level of empathy that banks often lack. This approach worked and has prompted many members to switch banks.
Wings has over 320,000 members and is one of the largest credit unions in the country. Its size allows it to offer superior pricing and service. In fact, it ranks among the top 40 credit unions in the nation. Although it is one of the largest credit unions in the country, it still maintains a friendly and personal feel.
The history of Wings Financial goes back to 1938 when it was founded as a credit union for Northwest Airlines employees. It began as a small credit union with assets of $359 at the end of 1938. As the company expanded and became more successful, it experienced an explosive growth period after World War II. During this time, the company grew 500% and expanded across the nation.