WSECU

WSECU

About WSECU

Simplify's Rating
Why WSECU is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Fintech

Financial Services

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Olympia, Washington

Founded

1957

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • Investment in AKUVO aligns with scalable technology trends in finance.
  • Community-centric branches enhance customer loyalty and engagement.
  • Affordable housing projects strengthen community ties and social responsibility.

What critics are saying

  • Competition from digital-only banks may erode WSECU's market share.
  • Rising interest rates could increase loan defaults, impacting financial stability.
  • Remote work trends may reduce demand for physical branch locations.

What makes WSECU unique

  • WSECU invests in AKUVO to enhance cloud-native financial solutions.
  • Partnership with NCRC to open community-centric branches in Tacoma.
  • Supports student success through South Puget Sound Community College Foundation.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Company Match

Paid Volunteer Leave

Tuition Assistance

Employee Assistance Program

Employee Discounts

Company News

Finovate
Apr 7th, 2025
WSECU Invests in AKUVO's $13M Expansion

Washington State Employees Credit Union (WSECU) has invested in AKUVO, adding to its previous $13 million funding. The investment will help AKUVO enhance its cloud-native collections and credit risk solutions for financial institutions. This move highlights the growing trend of modernizing collections technology amid economic uncertainty. WSECU's holding company, One Washington Financial, will join AKUVO's Advisory Board, signaling confidence in AKUVO's role in future collections and credit risk management.

PR Newswire
Oct 3rd, 2024
Evergreen Impact Housing Fund And Inland Group Announce Opening Of Spanaway Affordable Housing Apartments

Copper Way is now open to working families in Pierce County. SPANAWAY, Wash., Oct. 3, 2024 /PRNewswire/ -- The Evergreen Impact Housing Fund (EIHF) is pleased to announce the opening of its third project, Copper Way in Spanaway. The development brings more than 250 affordable housing units to the South Sound area, marking the completion of EIHF's first investment in Pierce County. Copper Way features 256 garden-style affordable units and prioritizes apartments for families. More than 80% of Copper Way's units have two or more bedrooms, including 80 three- and four-bedroom apartments built with families in mind

NCRC
Feb 26th, 2024
NCRC And WSECU: Pioneering Collaborative Efforts For Community-Centric Financial Branches

In a groundbreaking partnership, the National Community Reinvestment Coalition (NCRC) joined forces with the Washington State Employees Credit Union (WSECU) to identify the optimal location for a new branch in Tacoma, Washington.

ThurstonTalk
Dec 29th, 2023
WSECU and South Puget Sound Community College Foundation Align Efforts to Support Student Success

"That is why South Puget Sound Community College Foundation is proud to partner with WSECU to support student success at South Puget Sound Community College," says Amber Wetzel, director of strategic partnerships & major gifts.

PR Newswire
Jul 19th, 2023
Evergreen Impact Housing Fund, Inland Group, And Partners Break Ground On Large-Scale Affordable Housing Development In Pierce County

SPANAWAY, Wash., July 19, 2023 /PRNewswire/ -- Evergreen Impact Housing Fund (EIHF) and Inland Group are proud to announce the start of construction on Copper Way, an affordable housing development in Spanaway, Washington. The project is expected to open in late 2024 or early 2025 with 256 apartments for low-income residents. This is the first project in Pierce County to benefit from EIHF's innovative model of financing."We are thrilled that Copper Way has broken ground," said Kris Hermanns, fund manager of EIHF at Seattle Foundation. "It's crucial that we take action to bring affordable housing to Pierce County and beyond. Families with modest incomes are too often priced out of the Puget Sound. These folks work hard in our communities—as teachers, health workers, store clerks and more—and EIHF's financing helps ensure they can live here."Copper Way is the second EIHF project supported by a consortium of Washington State credit unions, including BECU, WSECU, Sound Credit Union, and Verity Credit Union

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