Insurance

Credit Life and Credit Disability
- Credit disability is tied directly to a loan, and is designed to take over the loan payments after 30 days if the borrower becomes disabled as a result of a covered accident or sickness. Insurance premiums are calculated into each monthly loan payment.
- Credit life insurance will pay the lesser of the unpaid balance of your loan on the date of death, or the maximum amount of insurance specified on the application. Insurance premiums are calculated into each monthly loan payment.
Accidental Death and Dismemberment
- Accidental Death and Dismemberment (AD&D) covers loss only as a result of an accident and includes loss of life, limb, thumb and forefinger combination, eyesight and hearing.
- Each Member enrolling in the AD&D plan receives $1,000 basic coverage at no cost. Additional coverage may be purchased on an individual or family plan.

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.