Featured Savings Rates
Featured Accounts

Cyprus Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
2.30%5-year CD60 Month Dream CD
0.75%1-year CD12 Month Dream CD
0.10%SavingsRegular Share Savings Account

Overview / Commentary
801-260-7600
3876 W Center view Way
West Jordan, UT 84084-5661

Cyprus Credit Union is headquartered in West Jordan and is the 6th largest credit union in the state of Utah. It is also the 344th largest credit union in the nation. It was established in 1935 and as of March of 2016, it had grown to 281 employees and 95,646 members at 18 locations. Cyprus Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to anyone in Utah through a one time membership fee of $5 to the Community Recreation Association. Membership is also open to residents of Salt Lake County, family of existing members, and employees of select employer group.
See current membership details

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Reviews (2)

Beware Of Past Account

Posted by: Anonymous | Mar 31, 2011

Beware if you have ever had an account with another person through Cyprus Credit Union. They may automatically link your account with that person without authorization from you. I had an auto loan with my ex-husband from when we were married that had been closed for 5 years. When I opened a new savings account they linked his name to mine through the closed auto loan and linked our accounts without asking me or my authorization. My ex-husband then had access to my money balance/transaction information.

Lets Punish Our Own People For Giving A Second Chance

Posted by: Avenon | Sep 10, 2013

My issue is as follows. Over 9 years ago I declared bankruptcy with little choice of my own in the matter. I had co-signed for a car with my ex thru Cyprus Credit union. He then declared bankruptcy and the car was taken. Having no car and Cyprus comming back at me for the money with a son to raise on my own, I had little choice. Since that time I have had a bank account with them, a car loan with my ex husband and currently a signature loan in my own name. I called recently about aquiring another loan. I was informed that not only was I not eligable for a loan, I should not have even been given a loan at all let alone a bank account with them. I understand this was their policy and that is fine. The part I take issue with is that even though I paid my car loan off early, my signature loan on time and I have been a good customer for several years, Rose in the loan department informed me that it was a mistake. To rectify this mistake, every single employee over the last 6-7 years that had a hand in those decisions will now be given displinary action for allowing me that second chance. I cannot abide that even though I have proven I was worth the risk through my good history with this credit union and they have lined their pockets with my money, they would punish their own employees for issuing second chances.



Health
A

Health Grade Components

Overall
NCUA #24688
Year Chartered1935
Employees281
Primary Regulator
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD7.21%
Annual Interest Income$6.4MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$769.6MM$707.6MM
LoansQ1 2016vs Q1 2015$591.9MM$533.1MM
DepositsQ1 2016vs Q1 2015$684.3MM$630.2MM
Equity CapitalQ1 2016vs Q1 2015$80.3MM$73.1MM
Loan Loss AllowanceQ1 2016vs Q1 2015$3.8MM$3.9MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$764.00K$1.1MM
Real Estate OwnedQ1 2016vs Q1 2015$2.1MM$1.6MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Cyprus Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$50k*-IRA Share Account
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $25k | 0.20% $25k - $50k
0.10%--Regular Share Savings Account

Cyprus Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$100k*-Money Market Account
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $25k | 0.20% $25k - $50k | 0.25% $50k - $100k

Cyprus Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$50k*-Checking Account
OTHER TIERS: 0.10% $500 - $50k

Cyprus Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.30%$1k-60 Month CD
2.30%-$100k60 Month Dream CD
1.50%$1k-36 Month CD
1.50%$1k-48 Month CD
1.50%-$100k36 Month Dream CD
1.50%-$100k48 Month Dream CD
1.10%$1k-30 Month CD
1.10%-$100k30 Month Dream CD
1.00%$1k-24 Month CD
1.00%-$100k24 Month Dream CD
0.85%$1k-18 Month CD
0.85%-$100k18 Month Dream CD
0.75%$1k-12 Month CD
0.75%-$100k12 Month Dream CD
0.35%$1k-6 Month CD
0.35%-$100k6 Month Dream CD

Cyprus Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.30%$1k-60 Month IRA
1.50%$1k-36 Month IRA
1.50%$1k-48 Month IRA
1.10%$1k-30 Month IRA
1.00%$1k-24 Month IRA
0.85%$1k-18 Month IRA
0.75%$1k-12 Month IRA
0.35%$1k-6 Month IRA
Locations

Cyprus Credit Union has 18 locations. Click to view all Cyprus Credit Union locations.