Average User Rating:
1 star rating based on 1 review.

Wyhy Credit Union

P.O. Box 20050
Cheyenne, WY 82003
800-442-2392
www.wyhy.org

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Wyhy Credit Union is headquartered in CHEYENNE and is the 4^th largest credit union in the state of Wyoming. It is also the 960^th largest credit union in the nation. It was established in 1953 and as of December of 2011, it had grown to 44 employees and 12,639 members. Wyhy Credit Union has a 5-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Wyhy Credit Union Checking Account Rates

	Apy	Min	Max	Product
	3.00%	-	$10k	Smart Returns Checking

Wyhy Credit Union Savings Account Rates

Apy	Min	Max	Product
0.35%	-	-	IRA Account
0.35%	-	-	Roth IRA Account
0.35%	-	-	SEP IRA Account
0.05%	-	-	Regular Share Savings Account
0.05%	-	-	Health Savings Account

Wyhy Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.75%	$100k	-	Money Market

Wyhy Credit Union CD Rates

Apy	Min	Max	Product
2.05%	$10k	-	60 Month Share Certificate
1.35%	$10k	-	36 Month Share Certificate
1.30%	$10k	-	30 Month Share Certificate
1.20%	$10k	-	24 Month Share Certificate
1.05%	$10k	-	18 Month Share Certificate
1.00%	$10k	-	14 Month Step-Up Share Certificate
0.85%	$10k	-	15 Month Smart Savers Share Certificate
0.75%	$10k	-	12 Month Share Certificate
0.40%	$10k	-	6 Month Share Certificate
0.30%	$10k	-	3 Month Share Certificate

Wyhy Credit Union IRA Rates

Apy	Min	Max	Product
2.05%	$10k	-	60 Month IRA Certificate
2.05%	$10k	-	60 Month Roth IRA Certificate
2.05%	$10k	-	60 Month SEP IRA Certificate
1.35%	$10k	-	36 Month IRA Certificate
1.35%	$10k	-	36 Month Roth IRA Certificate
1.35%	$10k	-	36 Month SEP IRA Certificate
1.30%	$10k	-	30 Month IRA Certificate
1.30%	$10k	-	30 Month Roth IRA Certificate
1.30%	$10k	-	30 Month SEP IRA Certificate
1.20%	$10k	-	24 Month IRA Certificate
1.20%	$10k	-	24 Month Roth IRA Certificate
1.20%	$10k	-	24 Month SEP IRA Certificate
1.05%	$10k	-	18 Month IRA Certificate
1.05%	$10k	-	18 Month Roth IRA Certificate
1.05%	$10k	-	18 Month SEP IRA Certificate
0.85%	$10k	-	15 Month Smart Savers IRA Certificate
0.85%	$10k	-	15 Month Smart Savers Roth IRA Certificate
0.85%	$10k	-	15 Month Smart Savers Educational IRA Certificate
0.85%	$10k	-	15 Month Smart Savers SEP IRA Certificate
0.75%	$10k	-	12 Month IRA Certificate
0.75%	$10k	-	12 Month Roth IRA Certificate
0.75%	$10k	-	12 Month SEP IRA Certificate
0.40%	$10k	-	6 Month IRA Certificate
0.40%	$10k	-	6 Month Roth IRA Certificate
0.40%	$10k	-	6 Month SEP IRA Certificate
0.30%	$10k	-	3 Month IRA Certificate
0.30%	$10k	-	3 Month Roth IRA Certificate
0.30%	$10k	-	3 Month SEP IRA Certificate

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

WYHY
NCUA #	9094
BankRate Report	View
Year Chartered	1953
Employees	44
Primary Regulator
Assets and Liabilities
Assets	$170.17 million
Loans	$121.86 million
Deposits	$152.55 million
Equity Capital	$16.57 million
Loan Loss Allowance	$1.56 million
Unbacked Noncurrent Loans	$502,000
Historic Data - December 2010
Assets	$163.74 million
Equity Capital	$14.75 million
Loan Loss Allowance	$1.46 million
Unbacked Noncurrent Loans	$758,000
Real Estate Owned	$128,000
Profit Margin - Quarterly
Net Interest Margin	4.8%
Return on Assets	0.93%
Return on Equity	9.6%
Interest Income	$7.92 million
Non-Interest Income	$1.66 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Wyhy Credit Union had $502,000 in non-current loans and owned real-estate with $18.12 million in equity and loan loss allowances on hand to cover it. This gives Wyhy Credit Union a Texas Ratio of 2.77% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Wyhy Credit Union decreased significantly from 5.47% as of December 31, 2010 to 2.77% as of December 31, 2011, resulting in a positive change of 49.34%.This indicates that the balance sheet and financial strength for Wyhy Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, Wyhy Credit Union has increased its total deposits by $4.3 million, resulting in 2.9% 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.
Capitalization
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 $170.17 million in assets with $18.12 million in equity, resulting in a capitalization level of 10.65%, which is above average.

If You Want To Get Ripped Off Then This Is Your Bank!
1 stars

- ihatethisbank - Wednesday, February 9, 2011 - 2:23 PM

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.