Wyhy Credit Union is headquartered in Cheyenne and is the 4th largest credit union in the state of Wyoming. It is also the 971st largest credit union in the nation. It was established in 1953 and as of March of 2014, it had grown to 42 employees and 13,238 members. Wyhy Credit Union has a A health rating.
Must be an employee of one of the several Select Employee Groups (SEGs). - See Details
I joined this credit union because my wife was already a member, and insisted that we use her bank. Boy was that a mistake. Since I've been with this Bank, they have lied to us about loan intrest rates and fees. Charged me a fee then told me that they made a mistake and I would not be charged, only to go back on their word and charge me half of the oringinal bogas fee with no explanation for the charge. If your looking for a bank that will work with you, and is trust worthy don't bank at WYHY. If you don't mind being lied to, and paying bogas fees then give them a shot you won't be disappointed.
The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Wyhy Credit Union had $386,000 in non-current loans and owned real-estate with $21.93 million in equity and loan loss allowances on hand to cover it. This gives Wyhy Credit Union a Texas Ratio of 1.76% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Wyhy Credit Union decreased slightly from 1.99% as of March 31, 2013 to 1.76% as of March 31, 2014, resulting in a positive change of 11.63%.This indicates that the balance sheet and financial strength for Wyhy Credit Union has improved slightly in recent periods.
In the past year, Wyhy Credit Union has increased its total deposits by $518,000, resulting in 0.31% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Wyhy Credit Union has shown is above average.
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Wyhy Credit Union has $190.22 million in assets with $21.93 million in equity, resulting in a capitalization level of 11.53%, which is excellent.
|Assets and Liabilities|
|Equity Capital||$20.14 million|
|Loan Loss Allowance||$1.79 million|
|Unbacked Noncurrent Loans||$386,000|
|Real Estate Owned||$0|
|Historic Data - March 2013|
|Equity Capital||$18.20 million|
|Loan Loss Allowance||$1.58 million|
|Unbacked Noncurrent Loans||$386,000|
|Real Estate Owned||$94,000|
|Profit Margin - Quarterly|
|Net Interest Margin||1.08%|
|Return on Assets||1.01%|
|Return on Equity||9.53%|
|Interest Income||$1.86 million|
Always verify rates and promotions with the bank or credit union. We are not Wyhy Credit Union, we are a rate comparison website and can not provide official rates or promotions.
|0.20%||-||-||Roth IRA Account|
|0.20%||-||-||SEP IRA Account|
|0.05%||-||-||Regular Share Savings Account|
|0.05%||-||-||Health Savings Account|
|2.25%||-||$15k||SmartReturns Checking - Qualifying|
|1.70%||$10k||-||60 Month Share Certificate|
|1.00%||$10k||-||36 Month Share Certificate|
|0.95%||$10k||-||30 Month Share Certificate|
|0.85%||$10k||-||24 Month Share Certificate|
|0.80%||$10k||-||18 Month Share Certificate|
|0.65%||$10k||-||14 Month Share Certificate|
|0.60%||$10k||-||12 Month Share Certificate|
|0.55%||$10k||-||15 Month Smart Savers Share Certificate|
|0.30%||$10k||-||6 Month Share Certificate|
|0.20%||$10k||-||3 Month Share Certificate|
|1.70%||$10k||-||60 Month IRA Certificate|
|1.00%||$10k||-||36 Month IRA Certificate|
|0.95%||$10k||-||30 Month IRA Certificate|
|0.85%||$10k||-||24 Month IRA Certificate|
|0.80%||$10k||-||18 Month IRA Certificate|
|0.60%||$10k||-||12 Month IRA Certificate|
|0.55%||$10k||-||15 Month Smart Savers IRA Certificate|
|0.30%||$10k||-||6 Month IRA Certificate|
|0.20%||$10k||-||3 Month IRA Certificate|
|Wyhy Credit Union Locations|
|Branch Office||1715 Stillwater Ave||Cheyenne, WY 82009-7359|
|Branch Office||1521 Centennial Hills Blvd||Casper, WY 82609-3263|