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3876 W Center View Way
West Jordan, UT 84084

Cyprus Credit Union is headquartered in West Jordan and is the 6th largest credit union in the state of Utah. It is also the 346th largest credit union in the nation. It was established in 1935 and as of December of 2017, it had grown to 293 employees and 105,184 members at 19 locations. Cyprus Credit Union's CD rates are 94% higher than the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership in Cyprus Credit Union is open to anyone living 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 Morton Salt International, St. Mark’s Hospital, and other local select employer groups.
See current membership details

Related Posts

Cyprus Credit Union (UT) Adds 60-Month CD Special - 2/20/2018

Cyprus CU (UT) is offering a limited-time 60-month Certificate Special, earning 3.10% APY. Requires at least $1k of new money, with no stated balance cap.

Cyprus CU (UT) Ups Rate On 60-Month CD and 48-Month CD - 3/22/2017

Cyprus CU (easy membership for all Utah residents) raised the rate on its 60-month CD (2.60% APY) and 48-month CD (2.10% APY). $1k minimum deposit.

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Reviews (2)

Great customer service.

I have always loved Cyprus Credit Union since being a member from a year ago. I have many accounts with them but I mainly use it for there checking account. I love the fact that the money I deposit goes directly in and they don't have to hold checks for days before clearing it, so I can get my money faster to use for when I please. I also love that there are no fees associated with the account. They will hook it to your savings account if needed that way if you ever overdraft your account, it will be used out of that first and won't be a problem. They also send you a text asap if they notice anything suspicious on your account that way you always know what is going on. I would recommend them to anyone and everyone looking for checking accounts.

Solid, but can't compete with big boys

I used Cyprus when I was in college mostly because it worked out that they had a branch close to where I was living at the time. The customer service reps at the building were always fair and nice. Since it was a smaller credit union, I did notice some personal touches which were appreciated by me as a consumer. Their facilities were also always clean and professional. Those are the pluses, but there are some things I would change. For starters, the online experience is a bit clumsy and doesn't have the slick look that many other bigger companies have. In addition, it seems like some of the interest rates I was offered simply weren't competitive as well which was a downer. In the end, I had to go somewhere that had more services.


Health Grade Components

NCUA #24688
Year Chartered1935
Primary Regulator
Profit Margin
Return on Assets - YTD1.28%
Return on Equity - YTD11.25%
Annual Interest Income$31.0MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$854.5MM$790.2MM
LoansQ4 2017vs Q4 2016$754.6MM$639.6MM
DepositsQ4 2017vs Q4 2016$751.0MM$699.5MM
Equity CapitalQ4 2017vs Q4 2016$97.1MM$84.9MM
Loan Loss AllowanceQ4 2017vs Q4 2016$3.9MM$3.8MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$1.6MM$2.5MM
Real Estate OwnedQ4 2017vs Q4 2016$0$0
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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

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

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

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

Cyprus Credit Union CD Rates

3.10%$1k-60 Month Certificate Special (New Money Only)
2.60%$1k-60 Month CD
2.60%-$100k60 Month Dream CD
2.25%$1k-48 Month CD
2.25%-$100k48 Month Dream CD
2.00%$1k-30 Month CD
2.00%$1k-36 Month CD
2.00%-$100k30 Month Dream CD
2.00%-$100k36 Month Dream CD
2.00%$1k-30 Month Certificate Special (New Money Only)
1.75%$1k-12 Month Certificate Special (New Money Only)
1.60%$1k-24 Month CD
1.60%-$100k24 Month Dream CD
1.45%$1k-18 Month CD
1.45%-$100k18 Month Dream CD
1.25%$1k-12 Month CD
1.25%-$100k12 Month Dream CD
1.00%$1k-6 Month CD
1.00%-$100k6 Month Dream CD

Cyprus Credit Union IRA Rates

2.60%$1k-60 Month IRA
2.25%$1k-48 Month IRA
2.00%$1k-30 Month IRA
2.00%$1k-36 Month IRA
1.60%$1k-24 Month IRA
1.45%$1k-18 Month IRA
1.25%$1k-12 Month IRA
1.00%$1k-6 Month IRA