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Press Releases

WyHy Awards Scholarships

May 27, 2009

WyHy is pleased to announce the awarding of two $1500 scholarships. Katie Fisher of Cheyenne, currently enrolled at UW, and Brandon Douglas, a 2009 graduate of Casper Kelly Walsh High School are the recipients. These individuals received the awards based on their academic performance, extracurricular activities and achievements, community involvement and financial need.

Fisher is currently attending the University of Wyoming studying Business Administration. While a student at UW, she has been active with the President's Education Awards Program. Douglas will attend the University of Wyoming in the fall where he will be studying Pre-Medicine. While a student at Kelly Walsh H.S., Walsh was heavily involved with football and track placing as state champion. Walsh received many academic achievements, including, but not limited to the National Honor Society and placing second in the National Latin Exam.

WyHy awards scholarships each year to its members who meet eligibility requirements and who are planning on attending an accredited college, university, or technical school in the State. To learn more about membership eligibility, please visit www.wyhy.org.

WyHy Awards Triumph High School Scholarship

May 27, 2009

WyHy is pleased to announce the awarding of its 2009 Triumph High School scholarship to Desiree Snyder. The $500 scholarship is given each year to a member of the high school's graduating class based on factors including academic excellence and financial need. Snyder was selected to receive the honor on the basis of her outstanding academic record during her senior year and involvement with the Triumph High School Culinary and professional banking team, Skills USA and Z Club.

WyHy provides the scholarships each year as part of its ongoing Adopt-A-School relationship with Triumph High School.

WyHy Earns Certified Financial Counselor Accreditation

April 16, 2009

WyHy is a safe, smart and dependable option for financial services - we are, and will always, remain here for our members, especially during this very interesting & challenging economic climate.

With that statement, WyHy is proud to announce it is the first Credit Union in Wyoming to complete the Credit Union Financial Counseling Certification Program (CUFiCEP). WyHy took aim to better help its members who are or may be facing rising levels of financial uncertainty.

In order to be certified, WyHy's Account Recovery Department attended Certified Financial Counseling programs and successfully completed exams ranging from behavioral spending patterns to matching values with money. The program is designed to educate the newly accredited counselors on how to assist its members in preventing financial difficulties by employing responsible money management techniques.

"Giving members the opportunity to take control of their finances and create financial stability, is one of many services WyHy offers as we strive to implement our vision to increase the highest quality of life possible for our members," remarked Bill Willingham, President/CEO WyHy FCU. "I am very proud of the accomplishment of our department and our employees who continue to value our members and their financial success."

WyHy Scholarship Available

March 24, 2009

Members of WyHy Federal Credit Union who are planning on attending a Wyoming accredited college, technical school or university and who have had an account with WyHy for a year, are encouraged to apply for one of two scholarships being awarded. The scholarships are $1500 awards available to graduating high school students or any other member who is planning to attend college full time for the Fall 2009 and Spring 2010 semester. The deadline for the application is April 30, 2009. Applications are available online at www.wyhy.org or at any WyHy location.

Expired or Compromised Credit Cards Destroyed for Free

February 10, 2009

Cheyenne's local shredding company, A Thru Z Document Destruction has teamed up with WyHy Federal Credit Union to provide a FREE service to destroy peoples expired or compromised credit cards. News of identity theft is almost a daily occurrence and the threat is very real. One of the most prevalent threats is that of credit card theft. In January one of the largest credit card processors, Heartland Payment Systems announced that its processing systems were breached in 2008. This breach exposed an undetermined number of consumers to potential fraud. Heartland reported that no merchant information, cardholder Social Security numbers, unencrypted personal identification numbers (PIN), addresses or telephone numbers were involved in the breach; however they did report that cardholder names and numbers were exposed. If you have been contacted by your bank or credit union that your information was breached or you just want to take your own precautions by securely destroying your card(s) you are welcome to take your card(s) to WyHy Federal Credit Union and place them in the A Thru Z Document Destruction's secure cabinet to be picked up and destroyed. If you have questions please call Merrie at A Thru Z, 221-2825 or Tracy at WyHy, 638-4200.


Close President's Letter to Members
WyHy Federal Credit Union

President's Letter to Members

Dear WyHy Federal Credit Union Members,

To say 2009 was an interesting year would be an understatement. As we approach 2010, the economy is still at the top of everyone's mind. While uncertainties about the status of the economy remain, WyHy remains a sound, secure and safe financial institution. WyHy's top priority is our membership. WyHy is owned by its members. WyHy is a "not for profit" organization. These are the founding principles of credit unions. During times like these, the difference between credit unions and other financial institutions become clearer than ever. Experts across the nation are touting credit unions for their safety, soundness, better rates and lower fees. I encourage you to refer credit unions to your friends and families, now is the time to make the switch from the big banks!

As a member-owned institution, we make decisions for the benefit of our membership. You often hear financial institutions are not lending. We are! In 2009, while most financial institutions had no loan growth in 2009, WyHy grew loans 19%, while most financial institutions had higher delinquencies, WyHy's dropped. As a result of the trust you place in us, and the efforts of our staff, your credit union has grown successfully in 2009. Without a doubt, your credit union continues to do well during these challenging economic times. The reason for these successes is simple; we continue to make decisions that benefit our members.

At WyHy, we strive to offer personalized solutions that meet the individual needs of our members. We see this approach as a way to respect what our members want and need from their financial institution. When we listen to our members, we recognize that you care about your community. We are committed to supporting communities throughout Wyoming not only through monetary donations, but with our time and talent. By supporting the local agencies that serve you, we hope to positively impact your overall quality of life. Some of these agencies we supported this year include, Adopt a Family, Adopt a Soldier, Cell Phone for Soldiers, Cheyenne Animal Shelter, Meals on Wheels, Boys & Girls Club, Nicolaysen Art Museum, Cheyenne Schools Foundation, Comea Donations, United Way and United Blood Services. At WyHy, giving back to our communities is not a policy it is a principal.

As we enter 2010, rest assured that the Board of Directors and staff are committed to maintaining WyHy's safety, soundness and financial strength. We look forward to continuing our efforts in providing you with the most competitive products and services and by rewarding your loyalty with our SmartPoints program. The rewards program that gives you the ability to decrease certain loan rates, increase certificate of deposit rates and waive certain service fees. I'm also excited to announce that we will be introducing a new credit card program and Business Account Solutions, so stay tuned for more details in the coming months.

I am proud of WyHy's continued strength and security and would like to thank you for its growth and your membership.


Sincerely,


William Willingham, III
President/CEO