Wings Financial Credit Union review: High-yield checking and savings accounts with no monthly service fees

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. Terms apply to offers listed on this page. Read our editorial standards.

Overall credit union rating

Feature	Insider rating (out of 5)
Savings	4.25
Checking	4.5
Money market account	3.25
Share certificates	4.25
Trustworthiness	5
Total	4.25

Pros and cons

Pros	Cons
Easy to become a member of the credit union and bank online Pays high interest rates on accounts No monthly service fees	Branches available only in FL, GA, MI, MN, or WA High minimum opening deposit for money market account No debit card, ATM card, or check-writing included with the money market account Interest compounded monthly or quarterly, not daily

Savings

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.

Checking

The Wings Financial Credit Union High-Yield Checking Account is one of the top picks on our high-yield checking accounts guide. It’s a unique checking account that pays a high rate if you fulfill the following requirements each month:

• Have less than $25,000 deposited into your account
• Enroll in e-documents
• Receive more than $300 in direct deposits
• Make 15 debit card purchases of $5 or more

CD

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.

Money market account

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 guide.

How Wings Financial Credit Union works

Wings Financial Credit Union has 26 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

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.

How Wings Financial Credit Union compares 

We compared Wings Financial Credit Union to two other institutions featured in our best credit unions guide: Blue Federal Credit Union and Connexus Credit Union.

Savings APY Wings Financial High-Yield Savings Account	Savings APY Blue Federal Credit Union Membership Share Savings Account	Savings APY Connexus Credit Union Members Savings Account
Checking APY Wings Financial Credit Union High-Yield Checking Account	Checking APY Blue Extreme Checking Account	Checking APY Connexus Xtraordinary Checking Account
Wings Financial High-Yield Savings Account	Blue Federal Credit Union Membership Share Savings Account	Connexus Credit Union Members Savings Account

All three institutions offer a strong high-yield checking account. Choosing between these three accounts may largely depend on how much money you’re planning to deposit.

The Blue Extreme Checking Account pays the highest interest rate of all three institutions if you keep less than $15,000 in your account.

If you’re planning to maintain a higher balance on your account, Connexus or Wings Financial will be more suitable. Both institutions pay similar rates if you have less than $25,000 in your account and meet the monthly requirements. 

You should also consider whether you’re comfortable with an online-only banking experience.

Blue Federal is an online-only institution. Wings Financial has branch locations in Minnesota, Michigan, Florida, Georgia, and Washington. Meanwhile, Connexus has physical credit unions in New Hampshire, Wisconsin, Ohio, and Minnesota.