At BECU, we focus our community efforts in three areas: Financial Empowerment, Member-Inspired Giving, and Employee-Inspired Giving.
Just as we support our members and other non-profits, we actively encourage employees to give back to the community. Through the BECU C.A.R.E.S (Committed Active Responsible Engaged Staff), we offer paid time off for volunteering, a gift-match program (up to $5,000 per employee each year), and support of employee volunteer teams.
Beyond our community giving, BECU has a duty to be stewards of the environment. Since 2007, we’ve reduced our carbon emissions by 4%—and during that same period of time, our membership grew by more than 50%. We’re always looking for ways to be more efficient, effective, and sustainable. We know there’s still work to be done, and through energy audits, remote workforce programs, and other approaches, we’re hoping to achieve even bigger savings in the future.
While most of our giving is focused on Financial Empowerment, we also understand that our members are passionate about a wide range of causes. As a result, we have several programs that channel support to organizations that are important to our members. The BECU Foundation was inspired in 1995 by a member who suggested that BECU should create a scholarship fund for students. Each year, the BECU Foundation awards a $3,000 scholarship per student recipient, based on the student’s community service, leadership, and academic record. Since its beginning, the Foundation has awarded over $1.7 million in scholarships to more than 790 students. In 2013, BECU created the People Helping People Awards to recognize and honor our members and the non-profit organizations they support. Each year we ask members to nominate and vote for their favorite non-profit. Last year, BECU awarded $100,000 to member-nominated non-profits, including a $15,000 grant to the Member Volunteer of the Year.
BECU supports and partners with organizations that share our commitment for empowering individuals to reach their financial goals. We support organizations that work in financial education, entrepreneurial development, affordable housing, and in providing access to affordable and responsible financial services.