Wings Credit Union Review 2024
- Overall Rating
- Pros and Cons
- Savings Review
- Checking Review
- Certificate Review
- Money Market Account Review
- About Wings
- FAQs
- Methodology
- How Wings Compares
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The bottom line: 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.
Compare Wings AccountsWings Credit Union High-Yield Savings Account
Wings Credit Union Overall Rating
| Feature | Personal Finance Insider rating (out of 5) |
| Savings | 4.25 |
| Checking | 4.5 |
| Money market account | 3.25 |
| Share certificates | 4.25 |
| Trustworthiness | 4 |
| Total | 4 |
Wings Credit Union Pros and Cons
| Pros | Cons |
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Wings Credit Union High-Yield Savings Account Review
Wings Credit Union High-Yield Savings Account Start saving On Wings Credit Union's website Insider’s Rating A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Feesno monthly service fee
Annual Percentage Yield (APY)0.10% to 3.04%
Minimum Opening Deposit$0
Pros- Check mark icon A check mark. It indicates a confirmation of your intended interaction. Competitive APY on higher balances
- Check mark icon A check mark. It indicates a confirmation of your intended interaction. No minimum opening deposit
- Check mark icon A check mark. It indicates a confirmation of your intended interaction. No monthly service fee
- con icon Two crossed lines that form an 'X'. Lower APY on lower balances
- con icon Two crossed lines that form an 'X'. 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.
Compare Today's Banking Offers
Wings Credit Union High-Yield Checking Account Review
Wings Credit Union High-Yield Checking Account Start banking On Wings Credit Union's website Insider’s Rating A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Feesno monthly service fee
Annual Percentage Yield (APY)0.01% to 3.04%
Minimum Opening Deposit$0
Pros- Check mark icon A check mark. It indicates a confirmation of your intended interaction. High APY on balances up to $25,000
- Check mark icon A check mark. It indicates a confirmation of your intended interaction. No minimum opening deposit
- Check mark icon A check mark. It indicates a confirmation of your intended interaction. No monthly service fees
- Check mark icon A check mark. It indicates a confirmation of your intended interaction. Free overdraft protection
- Check mark icon A check mark. It indicates a confirmation of your intended interaction. Overdraft line of credit available
- Check mark icon A check mark. It indicates a confirmation of your intended interaction. 10 free out-of-network ATM withdrawals per month
- con icon Two crossed lines that form an 'X'. Low APY on balances above $25,000
- con icon Two crossed lines that form an 'X'. $30 overdraft fee
- con icon Two crossed lines that form an 'X'. Doesn't reimburse any fees charged by out-of-network ATM providers
- con icon Two crossed lines that form an 'X'. 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
Wings Credit Union Share Certificates Read Review Insider’s Rating A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Annual Percentage Yield (APY)up to 5.15%
Minimum Opening Deposit$500
Pros- Check mark icon A check mark. It indicates a confirmation of your intended interaction. $500 minimum opening deposit
- Check mark icon A check mark. It indicates a confirmation of your intended interaction. Competitive interest rate, especially on high balances
- Check mark icon A check mark. It indicates a confirmation of your intended interaction. Standard term options
- Check mark icon A check mark. It indicates a confirmation of your intended interaction. Standard early withdrawal penalties
- con icon Two crossed lines that form an 'X'. 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
Wings Credit Union Investment Money Market Account Read Review Insider’s Rating A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Feesno monthly service fee
Annual Percentage Yield (APY)0.00% to 0.25%
Minimum Opening Deposit$5,000
Pros- Check mark icon A check mark. It indicates a confirmation of your intended interaction. No monthly service fees
- con icon Two crossed lines that form an 'X'. $5,000 minimum opening deposit
- con icon Two crossed lines that form an 'X'. No debit card or ATM card
- con icon Two crossed lines that form an 'X'. No check writing
- con icon Two crossed lines that form an 'X'. 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 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.
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
Is Wings insured? Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.Yes, Wings is federally insured by the NCUA. This means that your insured deposits are safe even if the credit union shuts down.
Does Wings have overdraft fees? Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.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.
Does Wings have ATMs? Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.The credit union is a part of the Allpont, Co-op, and MoneyPass ATM networks, giving you free access to over 80,000 ATMs.
Methodology: 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 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 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.
Sophia Acevedo Banking Editor Sophia Acevedo is a banking editor at Business Insider. She has spent three years as a personal finance journalist and is an expert across numerous banking topics.ExperienceSophia leads Personal Finance Insider's banking coverage, including reviews, guides, reference articles, and news. She edits and updates articles about banks, checking and savings accounts, CD rates, and budgeting and saving. She is highly knowledgeable about long-term trends in rates and offers at banks across the U.S.Before joining Business Insider, Sophia worked as a journalist at her college newspaper and was a freelance writer. She has spent seven years writing and editing as a journalist.Sophia was nominated for an Axel Springer Award for Change in 2023 for her coverage of ABLE accounts, tax-free savings accounts for people with disabilities. She was also a winner of a 2018 California Journalism Awards Campus Contest for her photography.She loves helping people find the best solutions for their unique needs and hopes that more people will find the tools to solve their financial problems. She’s inspired by stories of everyday people adapting to their financial circumstances and overcoming their fears around money.ExpertiseSophia's expertise includes:- Bank accounts
- Savings and CD rate trends
- Budgeting
- Saving
- How banks operate
Evelyn He Compliance and Operations Associate Evelyn He is a Compliance and Operations Associate on the Personal Finance team to ensure content accuracy and editorial independence so readers get up-to-date and objective financial advice.The compliance team's mission is to provide readers with fact-checked and current stories so they can make informed financial decisions. The team also works to minimize risk for partners by ensuring language is clear, precise, and fully compliant with regulatory and partner marketing guidelines that align with the editorial team. Read more Read less Top Offers From Our Partners 
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