Blue Federal Credit Union is headquartered in Cheyenne and is the largest credit union in the state of Wyoming. It is also the 242nd largest credit union in the nation. It was established in 1951 and as of March of 2025, it had grown to 357 employees and 138,875 members at 28 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
Read The Fine Print
My wife and I were both present when we discussed in detail; CD rates, interest APY and additional interest (at prime) on earned interest with their representative who seemed quite knowledable. Both my wife and I have accounting backgrounds and there is no question in our minds what was being offered.
Upon maturity, they did not pay what had been represented. We had to escalate this discrepancy with the manager, who seemed to understand & agreed that they payout was short. After a couple of weeks fighting thru this issue, they agreed to making a mistake, but found a way to pay us half of the contested amount.
We had made our decision to invest based on their representation. Extremely disappointing and frustrating experience. Our investment was a large sum of $ and we were planning on re-investing these funds. Unforturnately, their paperwork was vague and unclear to anyone who reviewed it.
Don't take anyone's word or verbal representation.
Read the fine print and make sure it correlates with their verbal representation.
Amazing CU
Best CU I’ve worked with!! They are helpful and always go above and beyond!!
Unethical And Scammy - Don't Use Them!
Don't use BFCU unless you want to burn your own money!
BFCU Has decided to randomly levy fees that were non-extistant prior to, staff previously guaranteed there were no such fees.
They, after filing an NCUA complaint, decided to pause the ability to transfer funds in/out, and canceled a pending transfer.
They are now holding ransom over 1k in funds when I'm unemployed and have bills to pay. They refuse to be helpful, and I have now filed a follow up complaint with the NCUA.
I still have not received any communications or correspondence regarding my account, other than a threatening email about reporting me to credit bureaus. I don't even have any lines of credit with BFCU.
I'm unable to make any successful contact with BFCU. They have my email, address, and phone on file.
Never use BFCU, they are greedy thieves and unethical at best for any form of savings, checking, or otherwise.
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Welcome to Blue Federal Credit Union
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Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7361 |
| Year Chartered | 1951 |
| Employees | 357 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.42% |
| Return on Equity - YTD | 5.95% |
| Annual Interest Income | $30.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $2.12B$2.09B |
| Loans | Q1 2025vs Q1 2024 | $1.77B$1.71B |
| Deposits | Q1 2025vs Q1 2024 | $1.77B$1.75B |
| Equity Capital | Q1 2025vs Q1 2024 | $148MM$154.8MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $23MM$17.2MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $27.3MM$22.9MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$173K |
