Blue Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.00% | Reward Checking | Extreme Checking Silver - Qualifying 1.85% - National Average |
| 1.60% | 5-year CD | 60 Month CD - Silver 2.25% - Ally Bank High Yield 5 Year CD |
| 0.65% | 1-year CD | 12 Month CD - Silver 1.50% - Ally Bank No Penalty 11-Month CD |
Blue Federal Credit Union is headquartered in Cheyenne and is the largest credit union in the state of Wyoming. It is also the 299th largest credit union in the nation. It was established in 1951 and as of June of 2017, it had grown to 237 employees and 76,215 members at 14 locations. Blue Federal Credit Union's savings rates are 10X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Blue Federal Credit Union is open to anyone through joining the Blue Foundation ($5 opening deposit is your donation). Membership is also open to employees and base contractors at F. E. Warren Air Force Base, or through select employee groups.
See current membership details
Related Posts
Blue FCU
We became members of Blue FCU recently after our previous credit union merged with this group. I was a little anxious about the merger because of the necessity to be able to access funds and be able to pay bills. I was pleasantly surprised, first by the volume of information that was sent out to prior to the merger, and secondly because the merger seemed to go off without a hitch. We didn't experience any interruption in banking service during the merger process. I was able to easily switch my direct deposit as well as my direct withdrawal bills over to the Blue FCU information. For me, a bank is successful if I don't have to take the time to visit a branch or speak with someone. I prefer to do everything online, and am able to do this effectively and efficiently with Blue FCU. Very happy with our credit union!
Great Bank!
I have to say this is truly one of the best banks out there. They are friendly, reliable and are always trying to save you money. Eric Miller is great! I live in PA and he treats me like I am a local high profile customer! He is great at returning calls and keepig his word. Bill Hollman is great, he truly shows why he is in a high position! The only bad thing is that I dont get a payment book or a bill for my loan, but their service makes up for it!! I feel like family even though I live in PA!
My thanks goes out to the whole Warren FCU team!!
Chris M.
Wexford, PA
Misleading
As previously mentioned, the APY is a gimmick. Blue designed an impossibly complex "point" system that, in theory, could earn up to 4%. The requirement to earn said points includes being a member for several years, taking out multiple loans in addition to the debit/ACH requirements. More annoying, they have weird transfer limits on the amount one can deposit within a 3 month period (meaning it took a least 4 months to reach $10,000 from a Chase account I was eager to close). Additionally, lucrative 5% savings account is a bit of a gotcha as well, in the event you exceed the $1000 at any point in the month (including the earned APY earned on the last day) you forfeit the 5% and settle for 0.01% FOR THE WHOLE THING - not just funds over the threshold. Currently in the procss of closing the account (albeit slowly due to transfer limitations). #moveon
WARNING! DO NOT BANK WITH BLUE FCU
As a Long member of Warren Federal Credit Union, I strongly advise you to stay away from this bank. Financial services have changed for the worse. Customer service is horrible. You have been warned!
Stop The Insanity !
Bad Bad Bad ! Don't sign up with this Credit Union! I was hung up on for about 10th time.
They keep putting my Debit Card into Fraud... I can't pay bills... even though there is $3000.00 in my account.
Please for your own sanity.... DO NOT USE THIS CREDIT UNION... I PROMISE YOU WILL REGRET IT ! ALL I CAN SAY IS SAVE YOURSELF !
It's Not 4%
Blue FCU's 4% APY reward checking account actually requires you to open 6 (six!) other accounts with them, such as a credit card, mortgage, and unsecured loan. Otherwise, you get 2%.
I finally figured this out in the middle of the application process (after they pulled my credit "to verify my identity") so I'm giving up on them.
The whole thing reminds me of Wells Fargo's wrongdoing.
Vehicle Loan
This credit union is not helpful at all they have lost multipule payments of mine will be going to a different credit union! Before I have to send in my next payment I would not recomend this credit union id rather go to a bank and have a higher intrest rate then deal with warrens headaches and unorganized business.
Terrible Organization
What a dysfunctional and disorganized organization! They have had my loan a month and I'm already refinancing it with a reputable organization! I hope no one has to do business with this organization in the future!
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7361 |
| Year Chartered | 1951 |
| Employees | 237 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.7% |
| Return on Equity - YTD | 7.16% |
| Annual Interest Income | $18.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $947.5MM$864.0MM |
| Loans | Q2 2017vs Q2 2016 | $796.3MM$721.8MM |
| Deposits | Q2 2017vs Q2 2016 | $810.5MM$734.4MM |
| Equity Capital | Q2 2017vs Q2 2016 | $91.6MM$86.6MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $4.2MM$4.2MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $4.9MM$5.0MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $60.00K$0 |
Always verify rates and promotions with the bank or credit union. We are not Blue Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Blue Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 4.99%* | $25* | $1k | Accelerated Savings | ||
| OTHER TIERS: 0.10% → $1k+ | |||||
| 1.25%* | $25* | $5k | Christmas Club Savings | ||
| OTHER TIERS: 0.10% → $5k+ | |||||
| 0.10% | - | - | Membership Share Savings | ||
| 0.10% | $1k | - | Business Share Savings | ||
Blue Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.55%* | $100k* | - | Ultra Money Market Account | ||
| OTHER TIERS: 0.10% → $2,500 - $100k | |||||
| 0.45%* | $100k* | - | Tiered Money Market Accounts | ||
| OTHER TIERS: 0.10% → $1k - $15k | 0.20% → $15k - $25k | 0.25% → $25k - $75k | 0.35% → $75k - $100k | |||||
| 0.45%* | $100k* | - | Business Tiered Money Market | ||
| OTHER TIERS: 0.10% → $1k - $15k | 0.20% → $15k - $25k | 0.25% → $25k - $75k | 0.35% → $75k - $100k | |||||
Blue Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 4.00%* | - | $15k | Extreme Checking Sapphire - Qualifying | ||
| OTHER TIERS: 0.25% → $15k+ | |||||
| 3.00%* | - | $15k | Extreme Checking Gold - Qualifying | ||
| OTHER TIERS: 0.25% → $15k+ | |||||
| 2.00%* | - | $15k | Extreme Checking Silver - Qualifying | ||
| OTHER TIERS: 0.25% → $15k+ | |||||
| 0.50% | $1,500 | - | Business Plus Checking | ||
Blue Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.10% | $2k | - | 60 Month CD - Sapphire | |
| 1.85% | $2k | - | 60 Month CD - Gold | |
| 1.80% | $2k | - | 48 Month CD - Sapphire | |
| 1.60% | $2k | - | 60 Month CD - Silver | |
| 1.60% | $5k | - | Business 60 Month CD | |
| 1.60% | $2k | - | 24 Month CD - Sapphire | |
| 1.55% | $2k | - | 48 Month CD - Gold | |
| 1.40% | $2k | - | 30 Months Expandable CD - Sapphire | |
| 1.35% | $2k | - | 24 Month CD - Gold | |
| 1.30% | $2k | - | 48 Month CD - Silver | |
| 1.30% | $5k | - | Business 48 Month CD | |
| 1.15% | $2k | - | 12 Month CD - Sapphire | |
| 1.15% | $2k | - | 30 Months Expandable CD - Gold | |
| 1.10% | $2k | - | 24 Month CD - Silver | |
| 1.10% | $5k | - | Business 24 Month CD | |
| 0.90% | $2k | - | 6 Month CD - Sapphire | |
| 0.90% | $2k | - | 12 Month CD - Gold | |
| 0.90% | $2k | - | 30 Months Expandable CD - Silver | |
| 0.65% | $2k | - | 12 Month CD - Silver | |
| 0.65% | $5k | - | Business 12 Month CD | |
| 0.65% | $2k | - | 6 Month CD - Gold | |
| 0.40% | $2k | - | 6 Month CD - Silver | |
| 0.40% | $5k | - | Business 6 Month CD |
Blue Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.10% | $2k | - | 60 Month IRA - Sapphire | |
| 1.85% | $2k | - | 60 Month IRA - Gold | |
| 1.80% | $2k | - | 48 Month IRA - Sapphire | |
| 1.60% | $2k | - | 24 Month IRA - Sapphire | |
| 1.60% | $2k | - | 60 Month IRA - Silver | |
| 1.55% | $2k | - | 48 Month IRA - Gold | |
| 1.35% | $2k | - | 24 Month IRA - Gold | |
| 1.30% | $2k | - | 48 Month IRA - Silver | |
| 1.15% | $2k | - | 12 Month IRA - Sapphire | |
| 1.10% | $2k | - | 24 Month IRA - Silver | |
| 0.90% | $2k | - | 6 Month IRA - Sapphire | |
| 0.90% | $2k | - | 12 Month IRA - Gold | |
| 0.65% | $2k | - | 12 Month IRA - Silver | |
| 0.65% | $2k | - | 6 Month IRA - Gold | |
| 0.40% | $2k | - | 6 Month IRA - Silver |
