Benson Porter
The 2017 Executive Excellence Awards: Benson Porter
President & CEO, BECU
Unlike many financial leaders after the banking crisis, incoming CEO Benson Porter had to manage expansion. In 2012, BECU, formerly the Boeing Employees Credit Union, was nearing $10 billion in assets, a size that would trigger new regulatory requirements, along with compliance to reforms. Porter, once an EVP at Washington Mutual, had seen others stumble….
Executive Q+A with Benson Porter
As BECU approaches some significant milestones, the credit union's CEO keeps his eye on a community-centered mission.
BECU, formerly the Boeing Employees Credit Union, was founded in 1935 at the height of the Great Depression. As CEO Benson Porter tells it, Boeing was still hiring at the time but workers were expected to provide their own tools. Scraping together enough money for new or replacement tools was difficult, Porter says, and most…