Settlers best

Settlers best FAQs

When will Settlers bank become Settlers best Credit Union?

• On July 1, 2023, Settlers bank became Settlers best Credit Union, a division of Wings Financial Credit Union. While our name and logo will change, the accounts and services you are used to will remain the same.

Will my account numbers or Settlers’ routing number change?

• No, account numbers and routing number will not change.

Can I still use my Settlers bank checks and credit/debit cards?

• Yes, you can continue to use your existing Settlers bank checks, credit and/or debit cards.

Can I still use my Sb online and mobile banking?

• Yes, you can continue to use your existing Sb online banking at SettlersWI.com and the Sb mobile banking app.

Do I need to change direct deposits, withdrawals, or transfers?

• No, all existing direct deposits, withdrawals or transfers will continue to operate as they currently do.

Will all Settlers locations remain open?

• Yes, all Settlers locations will remain open, but signage will change to Settlers best Credit Union, a division of Wings Financial Credit Union.

Settlers best members will not be able to access their accounts at Wings’ existing
locations and Wings members will not be able to access their accounts at Settlers best locations.

What is the difference between a credit union and a bank?

• Credit unions are not-for-profit, member-owned financial cooperatives. To be a member at a credit union, you must maintain one deposit which represents your purchase of a share in the credit union. The deposit is held in a Share Savings Account. On behalf of our new members, Wings has funded the required $5 deposit to your Share Savings account which establishes your membership at Settlers best Credit Union.

Is my money still insured by the FDIC?

• While your money is still insured, credit union deposits are insured by the National Credit Union Administration (NCUA). Like the FDIC, deposits up to $250,000 per individual are insured by the NCUA. The $250,000 in coverage applies to each share owner, per insured credit union, for each account ownership category. You can also use the NCUA’s Share Insurance Estimator to calculate insurance coverage.

 

For Additional Information

Contact Wings Financial Credit Union:
800.692.2274
Monday – Friday: 7:00 a.m. to 7:00 p.m.
Saturday: 9:00 a.m. to 1:00 p.m.
www.wingsfinancial.com
14985 Glazier Avenue, Apple Valley, MN  55124

OR

Contact Settlers best Credit Union:
608.842.5000
Monday – Friday: 9:00 a.m. to 5:00 p.m.
www.SettlersWI.com
4021 Meridian Drive, Windsor, WI  53598