Wings Financial Credit Union Review 2023

Our experts answer readers’ banking questions and write unbiased product reviews (here’s how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.

Wings Financial Credit Union Overall Rating

Wings Financial Credit Union Pros and Cons

The Wings Financial High-Yield Savings Account is a solid free savings account. It works out best if you’re able to maintain a high balance on your account — that way, you’ll score a competitive interest rate.

If you don’t have a lot of money to deposit but still want to earn a high rate, consider going through our best high-yield savings accounts guide.

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The Wings Financial Credit Union High-Yield Checking Account is a unique checking account that pays 3.04% APY on the first $25,000 in your account if you fulfill the following requirements each month:

• Enroll in e-documents
• Receive more than $300 in direct deposits
• Make 15 debit card purchases of $5 or more 

Wings Financial offers higher rates when your balance is over $10,000, $100,000, or $250,000.

It may also be a decent choice if you don’t have a lot of money to open a certificate since the minimum opening deposit is lower than what other banks might require.

The Wings Financial Investment Money Market Account doesn’t charge monthly service fees. However, the $5,000 minimum opening deposit is pretty steep, and you won’t have easy access to the money in your bank account.

If you’d prefer to get a money market account with a debit card, ATM card, or at least check writing, look over our best money market accounts guide.

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About Wings Financial Credit Union

Wings Financial Credit Union has 29 branches in Minnesota, Michigan, Florida, Georgia, and Washington. It’s part of the Allpoint, Co-op, and MoneyPass ATM networks, which provide access to over 80,000 surcharge-free ATMs.

Contact customer support by calling, texting, or using the Skye virtual assistant. Live representatives are available on weekdays from 7:00 a.m. to 7:oo p.m, and Saturdays from 9:00 a.m. to 1:00 p.m.

The credit union’s mobile app has 4.8 out of 5 stars in the Apple Store and 4.6 out of 5 stars in the Google Play store. 

Wings Financial is federally insured by the NCUA. Up to $250,000 is secure in an individual bank account.

How to join Wings Financial Credit Union

Credit unions require membership to open a bank account. To join Wings Financial, you or a family member must meet one of the following requirements:

• Live or work in an eligible Minnesota or Wisconsin county
• Live or work in a metro area near Seattle, Washington; Detroit, Michigan; Orlando, Florida; or Atlanta, Georgia
• Work in the aviation industry
• Donate $5 to the Wings Financial Foundation, a non-profit organization that provides financial education programs and college scholarships to members

You also must open a Share Savings Account with $5 once you become a member.

Is Wings Financial Credit Union Trustworthy?

Wings Financial Credit Union hasn’t been involved in any recent public scandals.

We also include ratings from the Better Business Burea when evaluating trustworthiness. BBB ratings are determined by how businesses resolve customer issues, advertise, and handle transparency.

Wings Financial received an A+ rating from the BBB. A good BBB rating doesn’t ensure that your relationship with the credit union will be perfect, though. To see if Wings Financial is suitable for you, talk to current members of the credit union or read online customer reviews.

Wings Financial Credit Union FAQs

Methodology: How We Reviewed Wings Financial Credit Union

To review Wings Financial’s savings, checking, and money market accounts, we used our bank account methodology. To review its certificates, we used our CD methodology. We rate each account on a scale from 0 to 5.

We look at ethics, customer service, and the mobile app when rating accounts. The other factors we consider depend on the type of account. For example, we assess overdraft fees for checking accounts and early withdrawal penalties for certificates.

How Wings Financial Credit Union Compares 

Wings Financial Credit Union vs. Blue Federal Credit Union

Both credit unions make it easy to become a member. Wings Financial is the better option for earning high interest rates. But Blue Federal Credit Union has a unique NOVA Perks™ by Blue Checking Account that offers perks like roadside assistance and cell phone protection (you may have to pay a fee, though, depending on which tier you choose).

Wings Financial Credit Union vs. Connexus Credit Union

Both Wings Financial and Connexus Credit Union pay high checking and certificate rates, but Connexus does not have a high-yield savings account. It does give you the ability to earn a higher rate on its money market account, though. So your choice could come down to which accounts you want to open.