UniWyo Federal Credit Union is headquartered in Laramie and is the 2nd largest credit union in the state of Wyoming. It is also the 581st largest credit union in the nation. It was established in 1953 and as of June of 2023, it had grown to 109 employees and 51,073 members at 7 locations. UniWyo Federal Credit Union's CD rates are 6X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in UniWyo Federal Credit Union is open to all residents of Wyoming and select parts of Colorado (Front Range) through membership in the American Consumer Council. Membership is also open to the staff, faculty, and students of the University of Wyoming, and to employees of the United States government, the state of Wyoming, or military personnel who work in cooperation with the University of Wyoming and whose headquarters is located in the University and other select groups.
See current membership details
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5/15/10 - I Just Stumbled Across A Good CD Deal
9/15/09 - High-Yield Reward Checking Account at UniWyo FCU in Wyoming - Local Only
Outstanding Credit Union!!
Love UNIWYO!!! I joined while I was attending college at the University of Wyoming. While I reside in Atlanta, GA now they are still able to take care of all of my financial needs. Great checking account. Savings rates are good. I was also very appreciative of the credit card rate I was provided, and the rewards are great too. Everyone has always been very friendly and willing to help, and anytime I have called in the wait to speak to someone is always short. Look forward to being a member for life!
Not So Great
My son and daughter in law attended the University of Wyoming and graduated in 2016. They had an account at the Credit Union and were happy with the service.
A few months ago in 2020, WyoFed had a great CD rate so I went through the application process and was denied. When I contacted them, they said the denial comes from ChexSystems. I then wrote a letter to WyoFed explaining I had been transferring several IRA's to credit unions from a large mutual fund company due to higher rates and there were a lot of inquiries on my credit report. Never heard back from that letter or subsequent phone calls.
Then I went to a local credit union here in the Denver area, explained the ChexSystems problem, and they okayed the IRA transfer on the spot.
It just amazes me that financial institutions check my credit when they are the ones borrowing money from me!
Small Bank That Needs To Get In The 21St Century
Horrible rates on CD’s. UNIWYO feasts on people believing that because they are in Wyoming, sheeple will flock to them because we are all “neighbors” and they will take care of you. I’ve been a member for 38 years… and I was happy with UNIWYO, until I looked outside of the Cowboy bubble and found MUCH better rates to borrow money, or store money in CD’s. Like…. easily 2% better elsewhere.
IMHO… UNIWYO, just like the Wyoming State Insurance for retired folks, are fed by sheeple who just take it for granted they are getting a great deal. I know many folks who blindly stick with UNIWYO and the Wyoming Retirement Health because “they are Wyoming!”
DO YOUR RESEARCH!!!!
UNIWYO would do better if they took care of people who need to park their money… then they could give better rates to people who need to borrow money. It’s not rocket science!!!!
UNIWYO took good care of me when I was poor and started out teaching at UW back in 1985. But that was 38 years ago. Back when Karen Stapp and Sam Dunnuck were running the show, and Tia met me at the door when I came in. God bless Tia, she died in her early 40’s from colon cancer. What a sweetheart she was!!
Now I have significant resources, but UNIWYO is way behind the curve compared to industry standards vying to park my money in their institution.
Sadly, I’m closing out all my accounts because I do not want to lose money just to stay loyal to UNIWYO anymore.
DO YOUR RESEARCH!! Another bank is just a click away in this age of computers!!!
Moneys More Important Than Member Services.
As of December 2020 UniWyo FCU changed their banking services, and now requires you to pay an additional $5.00 convenience fee every time you want to pay your loan. There are some ways to get around the fee, but requires Auto Pay, Bank to bank Transfer, or driving to a Branch office. I do not do Auto Debits. Under the old system you posted amount to be withdrawn, date you wanted it taken and no fees. Now all that is gone. UniWyo FCU has forgotten that Customer/Member care is first. They have lost my business, and I do not recommend that other people join. There are so many other Financial Institutions that do not charge all these fees just to boast their Bottom line. UniWio Rates an "F" and has failed their Members. Do not use UniWyo for any banking or Financial Services.
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 9089 |
| Year Chartered | 1953 |
| Employees | 109 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.22% |
| Return on Equity - YTD | 12.57% |
| Annual Interest Income | $13.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $700.8MM$502.1MM |
| Loans | Q2 2023vs Q2 2022 | $498.4MM$381.1MM |
| Deposits | Q2 2023vs Q2 2022 | $619.7MM$435.2MM |
| Equity Capital | Q2 2023vs Q2 2022 | $58.6MM$41.8MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $2.8MM$2.3MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $2.7MM$587.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |