Costco announced a new benefit for executive members that will start on June 30. Here's what to know and other perks of the executive membership.

Costco is taking huge steps into the gasoline business. Just after announcing its fuel stations will remain open until 10 p.m., the chain is building a stand-alone gas station in Mission Viejo, California. It will be the chain’s largest gas station and its first fuel-only location, the Orange County Register reported.

Costco is planning to open a stand-alone gas station. The station will be located in Mission Viejo, Calif. in an area formerly occupied by Bed, Bath & Beyond. The station is expected to open next spring. The gas will only be available to Costco members.