Wings Financial Credit Union Review

Wings Financial Credit Union is the biggest credit union you’ll find in Minnesota. I’ll be going over the details of their main consumer products here for you. I’ll also give a little opinion here and there about things like terms or different parts of their offerings.

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This CU has been around since 1938 and was started by 7 airline employees, according to their website. That’s pretty neat! Their 300,000 members span all 50 states, so, you don’t need to just live in Minnesota to work with them.

Similar to other credit union’s, they are a non-profit and tout having a local feel. They also have an annual “day of service” where they put in 2,000+ volunteer hours. I really like that a lot of these do things like that to give back.

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What Wings Financial Credit Union Offers

Their menu follows the same format as other Minnesota CUs like Spire. It has headings like Save, Spend, Borrow, Prepare, and Learn. They also have business offerings below that. Basically, they offer everything that you could find at a traditional bank.

In their spending category, they have two good looking checking account options. First Class Checking is undoubtedly an ode to the Wings Financial Credit Union founders who worked at an airline. The High-Yield Checking option shows that they are in touch with newer age banking products that a lot of people (me included) want.

First Class: A First Look

Their site says that this account brings simplicity, dividends, and rewards. I really like the idea of dividends. The rewards program is a point system where you can take those that accumulate and redeem them for things like Apparel, Electronics, House & Home items, and Travel.

At the time of this writing, they were also offering to reduce vehicle loan rates with accumulated points. Points are earned with signature-based (or non-PIN) purchases. Any purchase made with their Member Rewards Visa credit card can earn you points with Wings Financial Credit Union.

Other First Class Bonuses

Something I always like to see is when a bank or credit union has a big network of ATMs. Theirs is over 80,000 and are surcharge-free. You also get access to the Wings mobile app and CU Online. The dividend rate at the time of this writing is .05% and so is the annual percentage yield.

It might be time for me to make a change since my current big bank doesn’t pay any dividends on my checking account. Let’s see what the high-yield checking account looks like.

Wings Financial Credit Union High-Yield Checking Account

Their high-yield checking account was actually voted one of the best in the industry by Business Insider. That’s definitely saying something!

As of this writing, you can earn 1.76% APY and 1.75% dividend on balances up to $25,000. Amounts over $25,000 earn a .05% dividend rate and APY. There are important disclosures related to those rates and other items on their website that you should review here.


Wings Financial Credit Union is involved with a lot of philanthropy. A few of the major organizations that they partner with are the American Cancer Society Relay for Life, The American Red Cross, Best Prep/Business Venture Camp, Fantasy Flights, Toys for Tots, plus community, school and civic events.

Wings Financial Credit Union – Final Thoughts

Wings is another great credit union. One of the major benefits with them is that they have the footprint of a big financial institution with the feel of a much smaller organization. I genuinely thought they were Minnesota-only and not as big until I started researching them more.

You would probably have a great experience working with them. I’m sure I would if I switched over today.

All information in this article was current at the time of this writing, however, it could change without notice. We do our best to keep these updated, however, there is no guarantee you will find the same information on the bank’s website or at the time of opening an account with them.

Bob Buckley

Bob Buckley writes about food and business.