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Credit Unions in Cheyenne, WY
Cheyenne Laramie County Employees Federal Credt Un - Cheyenne, WY - Phone: (307) 638-6476
First Cheyenne Federal Credit Union - Cheyenne, WY - Phone: (307) 632-8111
First Education Federal Credit Union - Cheyenne, WY - Phone: (307) 632-7103
Pinnacle Financial Services - Cheyenne, WY - Phone: (307) 634-2197
Shyann Federal Credit Union - Cheyenne, WY - Phone: (307) 632-1226
Unified People's Federal Credit Union - Cheyenne, WY - Phone: (307) 632-1476
Warren Federal Credit Union - Cheyenne, WY - Phone: (307) 432-5400
Western Vista Federal Credit Union - Cheyenne, WY - Phone: (307) 635-2300
WYHY Federal Credit Union - Cheyenne, WY - Phone: (307) 638-4200
Wyoming Employees Federal Credit Union - Cheyenne, WY - Phone: (307) 635-7878
Helpful Definition for: Credit Unions
A credit union in Cheyenne is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. Many credit unions exist to further community development or sustainable international development on a local level. They are typically smaller than banks, and are generally not-for-profit cooperative institutions. Credit unions in Cheyenne have an unusual organizational structure, which attempts to solve the principal-agent problem by ensuring that the owners and the users of the institution are the same people. In any case, credit unions cannot accept donations and must be able to prosper in a competitive market economy.
