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Wings Credit Union (previously called Wings Financial Credit Union) is one of the best credit unions out there. It offers many types of bank accounts, including high-yield checking and savings accounts. You'll like Wings if you meet the requirements for at least one of the high-yield bank accounts.
Wings Credit Union Overall Rating
| Feature | Personal Finance Insider rating (out of 5) |
| Savings | 4 |
| Checking | 4.25 |
| Money market account | 3.5 |
| Share certificates | 4 |
| Trustworthiness | 4 |
| Total | 4 |
Wings Credit Union Pros and Cons
| Pros | Cons |
|
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Wings Credit Union High-Yield Savings Account Review
no monthly service fee
0.10% to 3.04%
$0
- Competitive APY on higher balances
- No minimum opening deposit
- No monthly service fee
- Lower APY on lower balances
- Interest compounds monthly, not daily
- Join Wings Credit Union by becoming a member of the Wings Financial Foundation for $5
- Branches in FL, GA, MI, MN, and WA, or open an account online
- 80,000 free ATMs
- Earn 0.10% if you have less than $10,000 in your account
- Earn 1.31% if you have $10,000 to $49,999.99 in your account
- Earn 1.46% if you have $50,000 to $249,999.99 in your account
- Earn 1.56% if you have $250,000 to $999,999.99 in your account
- Earn 2.02% if you have $1,000,000 to $4,999,999.99 in your account
- Earn 3.04% if you have more than $5,000,000 in your account
- Interest compounded and paid monthly
- Federally insured by the NCUA
The Wings Credit Union 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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Wings Credit Union High-Yield Checking Account Review
no monthly service fee
0.01% to 3.04%
$0
- High APY on balances up to $25,000
- No minimum opening deposit
- No monthly service fees
- Free overdraft protection
- Overdraft line of credit available
- 10 free out-of-network ATM withdrawals per month
- Low APY on balances above $25,000
- $30 overdraft fee
- Doesn't reimburse any fees charged by out-of-network ATM providers
- After the first 10 out-of-network ATM withdrawals each month, $2.50 fee per withdrawal
- Join Wings Credit Union by becoming a member of the Wings Financial Foundation for $5
- Branches in FL, GA, MI, MN, and WA, or open an account online
- 80,000 free ATMs
- No minimum opening deposit when you open an account in person; $10 deposit when you open an account online
- Earn the highest rate on balances up to $25,000 when you enroll in e-documents, receive over $300 in direct deposits per statement period, and make 15 debit card purchases of $5 or more per statement period; otherwise, earn lower rate
- "Gig economy" or self-employment income does not count toward the $300 in direct deposits
- Interest compounded and paid monthly
- Federally insured by the NCUA
The Wings 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 Credit Union Share Certificates Review
up to 4.25%
$500
- $500 minimum opening deposit
- Competitive interest rate, especially on high balances
- Standard term options
- Standard early withdrawal penalties
- Interest compounded monthly or quarterly, not daily
- Join Wings Credit Union by becoming a member of the Wings Financial Foundation for $5
- Branches in FL, GA, MI, MN, and WA, or open an account online
- 80,000 free ATMs
- Terms range from 3 months to 5 years
- Earn a higher interest rate when your balance hits $10,000, $100,000, and $250,000
- Early withdrawal penalties: 6 months of interest for terms shorter than 2 years; 2 years of interest for terms 2 years or longer
- Interest compounded quarterly if you have less than $100,000 in your certificate
- Interest compounded monthly if you have more than $100,000 in your certificate
- Federally insured by the NCUA
Wings 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.
Wings Credit Union Investment Money Market Account Review
no monthly service fee
0.00% to 0.25%
$5,000
- No monthly service fees
- $5,000 minimum opening deposit
- No debit card or ATM card
- No check writing
- Other online institutions may offer a higher interest rate
- Join Wings Credit Union by becoming a member of the Wings Financial Foundation for $5
- Branches in FL, GA, MI, MN, and WA, or open an account online
- 80,000 free ATMs
- Earn 0.00% APY if you have less than $5,000 in your account
- Earn 0.15% if you have $5,000 to $49,999.99 in your account
- Earn 0.20% if you have $50,000 to $99,999.99 in your account
- Earn 0.15% if you have more than $100,000 your account
- Interest compounded and paid monthly
- Federally insured by the NCUA
The Wings Credit Union Investment Money Market Account doesn't charge monthly service fees. However, the $5,000 minimum opening deposit is higher than other banks, 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.
Compare Today's Rates
About Wings Credit Union
Wings 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 is federally insured by the NCUA. Up to $250,000 is secure in an individual bank account.
How to join Wings Credit Union
Credit unions require membership to open a bank account. To join Wings, 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 Credit Union Trustworthy?
Wings 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 has an F rating from the BBB because it has yet to respond to or resolve several customer complaints on the bureau's website.
Wings Credit Union FAQs
Yes, Wings is federally insured by the NCUA. This means that your insured deposits are safe even if the credit union shuts down.
Yes, Wings Credit Union charges a $30 overdraft fee if you opt into Overdraft Protection Plus. This means your transaction will still go through, but you'll pay a fee. The fee is waived if you overdraw by less than $15. If you opt out of Overdraft Protection Plus, you won't pay a fee for overdrafts because your transaction will be denied.
The credit union is a part of the Allpont, Co-op, and MoneyPass ATM networks, giving you free access to over 80,000 ATMs.
How Wings Credit Union Compares
Wings Credit Union vs. Blue Federal Credit Union
Both credit unions make it easy to become a member. Wings 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 Credit Union vs. Connexus Credit Union
Both Wings 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.
Why You Should Trust Us: How We Reviewed Wings Credit Union
To review Wings'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 one to five stars.
We look at ethics, security, miscellaneous features, 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.
We use a weighted average to get our star rating, which means we weigh certain features, like interest rates and fees, at a higher weight percentage than others. We understand that these areas can more heavily impact a person's overall banking experience.
