Overview / Commentary
801-260-7600
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 315th largest credit union in the nation. It was established in 1935 and as of December of 2018, it had grown to 319 employees and 110,658 members at 20 locations. Cyprus Credit Union has 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 18-Month Anniversary CD - 10/4/2018

Cyprus Credit Union (easy membership for all Utah residents) has added a 18-month 90th Anniversary CD Special, which earns 2.90% APY.

Cyprus Credit Union (UT) Adds 36-Month Bump CD - 7/16/2018

Cyprus Credit Union (Utah) has added a limited-time 36-month Bump Certificate, earning 3.00% APY. Minimum deposit is $1k of new money, with no stated balance cap.

View all posts from:


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
A+

Health Grade Components

Overall
NCUA #24688
Year Chartered1935
Employees319
Primary Regulator
Profit Margin
Return on Assets - YTD1.56%
Return on Equity - YTD13.52%
Annual Interest Income$38.8MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$976.0MM$854.5MM
LoansQ4 2018vs Q4 2017$901.8MM$754.6MM
DepositsQ4 2018vs Q4 2017$845.2MM$751.0MM
Equity CapitalQ4 2018vs Q4 2017$111.7MM$97.1MM
Loan Loss AllowanceQ4 2018vs Q4 2017$4.9MM$3.9MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$1.4MM$1.6MM
Real Estate OwnedQ4 2018vs Q4 2017$0$0
Rates

Rates for Cyprus Credit Union are currently being reviewed.

Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.