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Blue Federal Credit Union


Overview / Commentary
www.bluefcu.com
307-432-5417
2401 E. Pershing Blvd
Cheyenne, WY 82001

Blue Federal Credit Union is headquartered in Cheyenne and is the largest credit union in the state of Wyoming. It is also the 254th largest credit union in the nation. It was established in 1951 and as of June of 2022, it had grown to 319 employees and 114,578 members at 20 locations. Blue Federal Credit Union's savings rates are 10X the national average, and it has a B+ 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 Federal Credit Union Has $200 Checking Bonus - 11/27/2021

Blue Federal Credit Union (easy membership) is offering a $200 bonus for new members who open a checking account (w/direct deposit) now through 12/10/2021.

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Reviews (24)

Great Bank!

Posted by: |

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

15

Credit Check

Posted by: |

Must have 3 or less credit checks in the past 2 years to qualify (per chex) opening an account

8

Misleading

Posted by: |

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

64

Can't Open Online

Posted by: |

Welcome to Blue Federal Credit Union
We apologize that we are unable to complete your request online. Please visit one of our branches to open your account. To schedule an appointment click here.

2
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Health
B+

Data as of Q2 2022

Learn why bank health matters

Health Grade Components

Overall
NCUA #7361
Year Chartered1951
Employees319
Primary Regulator
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD8.29%
Annual Interest Income$31.1MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$1.79B$1.52B
LoansQ2 2022vs Q2 2021$1.44B$1.16B
DepositsQ2 2022vs Q2 2021$1.45B$1.36B
Equity CapitalQ2 2022vs Q2 2021$139.2MM$134.0MM
Loan Loss AllowanceQ2 2022vs Q2 2021$7.1MM$6.7MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$7.6MM$3.6MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%*$25*$1kAccelerated Savings
OTHER TIERS: 0.15% → $50k+ | 0.25% → $10k - $50k | 0.50% → $5k - $10k | 1.00% → $1k - $5k
1.25%*$25*$5kChristmas Club Savings
OTHER TIERS: 0.10% → $5k+
0.30%--Sky High Savings - Online Only
0.05%$25-Membership Share Savings
0.05%$25-HSA Checking - Free
0.05%$100-Business Share Savings
0.05%$25-Supplemental Savings
0.05%$25-IRA Savings

Blue Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$100k*-Ultra Money Market Account
OTHER TIERS: 0.10% → $2.5k - $100k
0.25%*$100k*-Money Market Account
OTHER TIERS: 0.05% → $1k - $15k | 0.10% → $15k - $25k | 0.15% → $25k - $75k | 0.20% → $75k - $100k
0.25%*$100k*-Business Money Market
OTHER TIERS: 0.05% → $1k - $15k | 0.10% → $15k - $25k | 0.15% → $25k - $75k | 0.20% → $75k - $100k

Blue Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*-$15kExtreme Checking Sapphire - Qualifying
OTHER TIERS: 0.05% → $15k+
1.50%*-$15kExtreme Checking Gold - Qualifying
OTHER TIERS: 0.05% → $15k+
1.00%*-$15kExtreme Checking Silver - Qualifying
OTHER TIERS: 0.05% → $15k+
0.25%$1.5k-Business Plus Checking

Blue Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%*$100k*-60 Month CD
OTHER TIERS: 1.65% → $1k - $50k | 1.70% → $50k - $100k
1.55%*$100k*-48 Month CD
OTHER TIERS: 1.45% → $1k - $50k | 1.50% → $50k - $100k
1.50%*$100k*-36 Month CD
OTHER TIERS: 1.40% → $1k - $50k | 1.45% → $50k - $100k
1.49%$5k-Business 60 Month CD
1.45%*$100k*-60 Month CD (Bump)
OTHER TIERS: 1.35% → $1k - $50k | 1.40% → $50k - $100k
1.40%*$100k*-30 Month Expandable CD
OTHER TIERS: 1.30% → $1k - $50k | 1.35% → $50k - $100k
1.30%*$100k*-24 Month CD
OTHER TIERS: 1.20% → $1k - $50k | 1.25% → $50k - $100k
1.20%*$100k*-36 Month CD (Bump)
OTHER TIERS: 1.10% → $1k - $50k | 1.15% → $50k - $100k
1.14%$5k-Business 48 Month CD
1.09%$5k-Business 36 Month CD
1.00%*$100k*-12 Month CD
OTHER TIERS: 0.90% → $1k - $50k | 0.95% → $50k - $100k
1.00%$5k-Business 24 Month CD
0.85%*$100k*-6 Month CD
OTHER TIERS: 0.75% → $1k - $50k | 0.80% → $50k - $100k
0.80%$5k-Business 12 Month CD
0.50%$5k-Business 6 Month CD

Blue Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%*$100k*-60 Month IRA
OTHER TIERS: 1.65% → $1k - $50k | 1.70% → $50k - $100k
1.55%*$100k*-48 Month IRA
OTHER TIERS: 1.45% → $1k - $50k | 1.50% → $50k - $100k
1.50%*$100k*-36 Month IRA
OTHER TIERS: 1.40% → $1k - $50k | 1.45% → $50k - $100k
1.45%*$100k*-60 Month IRA (Bump)
OTHER TIERS: 1.35% → $1k - $50k | 1.40% → $50k - $100k
1.30%*$100k*-24 Month IRA
OTHER TIERS: 1.20% → $1k - $50k | 1.25% → $50k - $100k
1.20%*$100k*-36 Month IRA (Bump)
OTHER TIERS: 1.10% → $1k - $50k | 1.15% → $50k - $100k
1.00%*$100k*-12 Month IRA
OTHER TIERS: 0.90% → $1k - $50k | 0.95% → $50k - $100k
0.85%*$100k*-6 Month IRA
OTHER TIERS: 0.75% → $1k - $50k | 0.80% → $50k - $100k
Locations

Availability

Cheyenne Area

Interactive local rates map


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