Welcome to Community at BECU, a place for anyone who wants to talk about money, saving, investments and everything in between. Have a question or just want to get the community’s opinion on something? This is the place. It’s a great resource for peer-to-peer advice, access to the latest BECU news and behind the scene’s insights from BECU’s experts.
I was pleasantly surprised to discover MIX today, at the end of a customer satisfaction survey. But I'm downright dumbfounded to see that it's been around for a year and I've never heard of it. I've somehow missed any links to it from the online banking website. Please make it more visible, especially when people are searching for help or looking to leave feedback. Thanks!
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BECU, please do *not* be a leader in digital currencies. Yes, windseeker is correct that a lot of money will be made in bitcoin, ethereum, or whatever comes next. But that's not what a credit union is for. We all remember WaMu and how they pursued risky ventures to the detriment of their customers. By offering digital currency, BECU will be implicitly endorsing it and encouraging customers to use it. This could leave a lot of people burned. While the concept of digital currency isn't going anywhere, no available implementation can yet be considered stable. Even worse, becoming a bitcoin bank puts a big red target on BECU for all the malicious computer attackers the world over who would love to steal untraceable money. Such bank heists have already occurred. Another issue: Did I say "untraceable"? I meant, untraceable for professional criminals, but unexpectedly public for normal people. By their nature blockchain algorithms make a record of all transactions that anyone can see. Yes, it's supposed to be "anonymous", but everyday people don't go to great lengths to hide their identities. Once your identity is let slip, everything is revealed. This is not good for BECU customer privacy. I don't bank with BECU for "innovative" banking practices. I am a BECU member because they are trustworthy. Please stay that way.
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