Cyprus Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
2.60%	5-year CD	60 Month Dream CD 2.25% - Ally Bank High Yield 5 Year CD
2.60%	5-year IRA	60 Month IRA (Traditional, Roth) 1.56% - National Average
2.10%	4-year CD	48 Month Dream CD 1.50% - Ally Bank Raise Your Rate 4-Year CD

View all Cyprus Credit Union rates »

Overview / Commentary

cypruscu.com

801-260-7600

3876 W Center view Way
West Jordan, UT 84084-5661

Cyprus Credit Union is headquartered in West Jordan and is the 6^th largest credit union in the state of Utah. It is also the 340^th largest credit union in the nation. It was established in 1935 and as of June of 2017, it had grown to 285 employees and 103,134 members at 18 locations. Cyprus Credit Union's CD rates are 39% 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 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

Great customer service.

Posted by: ladonnastout | Feb 21, 2017

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.

Comment

1

Money Not Safe @ Cyprus Cu

Posted by: Mike Matson | Aug 6, 2017

I had over $10000.00 wire transferred fraudulently. Cryprus did nothing to fix the issue and in turn blamed me for the transfer. Today no money back no apology. Just the middle finger and out 10k. Do not used Cyprus cu. your money is not safe there.

Comment

1

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.

Comment

3

Health

A+

Data as of Q2 2017

Learn why bank health matters

Health Grade Components

Overall
NCUA #	24688
Year Chartered	1935
Employees	285
Primary Regulator

Profit Margin
Return on Assets - YTD	1.03%
Return on Equity - YTD	9.52%
Annual Interest Income	$14.7MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$837.6MM$775.3MM
Loans	Q2 2017vs Q2 2016	$717.9MM$605.3MM
Deposits	Q2 2017vs Q2 2016	$741.6MM$689.2MM
Equity Capital	Q2 2017vs Q2 2016	$90.3MM$80.2MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$3.9MM$3.9MM
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$1.1MM$1.3MM
Real Estate Owned	Q2 2017vs Q2 2016	$0$2.2MM

Rates

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