Overdraft Line of Credit

This loan product is designed to provide overdraft protection to a member's checking account. This loan is a revolving line of credit.

Loan is tied to member's share draft account to eliminate overdraft fees.
Loan Limits: Minimum - $250.00; Maximum - Not to exceed 2x monthly gross income
Interest Rate: Variable Rate, based on borrower's credit score
Application fee: NONE
Monthly payment: Monthly Automatic Transfer from the checking on the 5th of the month, the greater of 3% of the loan balance or $15.00.
Early Payoff Penalty: None

President's Letter to Members

Revised: June 8^th, 2010

WyHy continues to put you, our owner and your interest's first! We are asking for both your help and request your support for your credit union!

As a WyHy owner, you have a right to know how governmental changes can affect your everyday routine. The Senate has recently passed an amendment to the financial reform bill that will have a significant impact on how you use your debit card. WyHy does not support this legislation, and we would like to explain why.

We do not believe the federal government should decide how much it should cost for stores to accept debit cards, especially if it will force financial institutions to raise the rates on these cards for customers. We also disagree with the amendment because it will give retailers the ability to set minimum and maximum payment amounts, and to discriminate between cards, charging more for one than another. We don't want you to be forced to carry cash, just to avoid being stranded at the register if you can't use your card. We don't want you to have to carry several cards, just to avoid paying more to use one versus another.

Please speak out against this amendment becoming law before it is too late. This is a simple process that should only take a couple of minutes to complete. Please click here to send a letter or email to your Member of Congress. This is time sensitive, make your voice heard.