Your Money is Safe and Sound at WyHy

When it comes to choosing where to keep your hard-earned money, trust and security matter most. At WyHy, we’re proud to operate as a not-for-profit credit union, putting you—our members—at the heart of everything we do.

Unlike banks, which are owned by stockholders and focused on profit, credit unions like WyHy operate as not-for-profit cooperatives. What does that mean for you? It means every decision we make is centered on your best interests—not driven by outside investors or stockholders.

Here are just a few reasons why credit unions, and WyHy in particular, are the smart and secure choice:

Your Funds Are Safe:

We understand recent media coverage and social media discussions may be causing concern, but rest assured, your funds at WyHy are safe and secure. Credit union deposits are not regulated by the FDIC; they are federally insured by the NCUA up to $250,000 per account.
The safety of members’ deposits remains a top priority. Funds are federally insured by the National Credit Union Administration (NCUA).

FDIC and Credit Union Insurance Are Separate:

The FDIC insures deposits in banks, while credit unions like ours are covered by the NCUA. The NCUA provides the same level of protection for your deposits, ensuring that your money remains secure.

Why Credit Unions Are Safe:

Credit unions are fundamentally different from banks. We are not-for-profit cooperatives, meaning our priority is you, the member. We maintain conservative financial practices and meet or exceed all regulatory requirements to ensure safety and soundness.

We Put Members First:

As a WyHy member, you're not just a customer—you’re an owner. This means our profits go back to you in the form of better rates, lower fees, and improved services.
We prioritize financial stability and operate conservatively to protect your assets.

We're Strong and Stable

WyHy is well-capitalized and in a strong financial position to meet your needs. Whether you’re saving for the future or pursuing life’s milestones, we’re here to support you every step of the way.
Your Money Is Safe Here! The NCUA’s National Credit Union Share Insurance Fund (NCUSIF) is a robust and proven system of protection. No credit union member has ever lost a penny of insured savings held in a federally insured credit union.

We're Trusted, Transparent, and Accountable

Our cooperative structure ensures we remain accountable to you—not outside investors. When you succeed, we all succeed.

If you have any questions or concerns about the safety of your funds, we’re here to help. And remember, we are here to serve you. If you find yourself in a financial emergency, please reach out so we can work toward a solution together.

At WyHy, your financial security is our top priority. Together, we’re building brighter futures for every member.

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