“Selected a Top Choice Credit Union. Greater Wyoming Federal CU is a highly rated credit union that has been serving the areas of Natrona and Converse Counties as well as Casper, Wyoming since 1953"
By: Allan R Kirby
We review Credit Unions:
Mysmallbank.com feels compelled to find the best credit unions and community banks in order to write a small review regardless of their size. These reviews are to help you learn more about community banking, possibly one that's in your area that you might be interested in. In this review we are choosing the following local Credit Union:
Location: Casper (Natrona and Converse Counties )
Headquartered: 155 W Collins, Casper WY 82601
Branches: 1
Year Established: 1953
Review:
We found Greater Wyoming Federal Credit Union one of those incredible small financial institutions that provide high-quality service to its 2,000 members. What we loved most about this credit union was the fact that you would be hard-pressed to find any negative comments on most of the major review sites which include Google, Yelp, Facebook, and even the Yellow Pages. I encourage prospective members who are eligible from the Casper, WY area to take the time and read the reviews, you will not be disappointed. However to determine how we felt about the GWFCU we needed to look at reviews, services offered as well as their commitment to their membership and the communities they serve.
Greater Wyoming Federal Credit Union currently has close to $22.5 million in assets, one branch, and just over 2,000 members. ibanknet. Additionally, they have a history of providing services to their members since the Credit Union's founding in 1953 as the WESC Federal Credit Union.
"Greater Wyoming Federal CU is located in Casper WY a city rich in history and places to visit such as the National Historical Trails Interpretive Center (website)."
When we reviewed this credit union we were happy to see so many positive responses. Specifically, when looking at Google reviews, for example, many customers highlighted the great rates they receive from GWFCU as well as the great personalized service from staff. We also liked that the credit union took the time to respond to positive as well as negative reviews. This is critically important in customer relations, taking the time to engage members as much as possible, even when members are not happy. Greater Wyoming Federal Credit Union does an exceptional job in providing feedback.
Products and Services
What we liked best was the fact that this credit union had many great products and services available to members. The following highlights some of these products and services.
Helping out the Younger Generations
We were pleased to see Greater Wyoming Federal CU looking out for younger generations by providing financial services to help them get started through the Little Sprouts and the Growin Green accounts.
The Greater Wyoming FCU - Little Sprouts account is ideal for members ages 0-12 and requires a minimum balance of $5.00. The Growin Green share savings account is for teens ages 13 and up, it also requires a minimum balance of $5. Debit Cards are available for the Growin Green accounts.
Credit Card Offering
Greater Wyoming Federal CU offers a Platinum VISA® card with No balance transfer fees, No annual fee, and your purchases and cash advances are the same rates.
Gap Insurance
We found this interesting GWFCU offers GAP insurance that provides coverage if your vehicle is totaled and you still owe money on the loan. The insurance provides you $1,000 toward your next loan financed with Greater Wyoming Federal CU after the accident. And a new addition to this product is Auto Deductible Reimbursement which will reimburse your deductible (up to $500) 2x a year for the first 2 years of the loan if you are in an accident that doesn’t total your vehicle. You can finance this product with your loan or you can purchase this product after your manufacturer's warranty runs out.
"We found this credit union has a high level of satisfaction from its members."
Excellent Choice Credit Union
With great products and services and high customer ratings, it's not hard to see why this is such a great place to bank at. Mysmallbank.com believes Greater Wyoming Federal Credit Union is well deserved to receive the designation of Top choice, Credit Union. (Note 2) . So if you're looking for a great community-based credit union and you live or plan to live in the areas Greater Wyoming Federal CU operates this could be a great financial institution for you.
Finally, we found that Greater Wyoming Federal CU is a federally insured credit union through NCUA (Note 1).
Who is Eligible
As per their website: Greater Wy FCU Membership is available to all who live, work, worships, or goes to school in Natrona or Converse Counties in Wyoming.
Apply Now to become a member.
The following provides additional information on Greater Wyoming FCU services, branches as well as fees.
Services Offered:
Full-Service Credit Union: Yes
Routing Number: 302386574
Banking:
Checking (Share Draft)
Freshstart Checking
Savings (Shares)
Certificates of Deposit
Money Market Accounts
IRA's
Credit Union Loans:
Auto Loans
New & used auto loans
Auto loan refinancing
Recreational
Motorcycles, ATV's, all kinds of watercraft, and Campers.
Home Mortgage Loans
Credit Card: Platinum VISA® Credit Card
Credit Union Online
Online and Mobile Banking: Yes
Greater Wyoming Federal CU Branch Location:
155 W Collins
Casper WY 82601
Hours: 8 AM -- 5:30 PM
Lobby: 9 AM -- 4 PM (Mon-Fri)
Phone: 307-234-5662
Fax: 307-265-7984
Audio Teller 800-261-2249
Lost/Stolen Debit card 833-221-8694
Lost/Stolen Credit card 866-450-3507
Are Federal Credit Unions Better vs Banks?
Federal Credit Unions banks are local banks that provide financial services to smaller communities and tend to be better than major banks for a number of reason which includes:
Better rates on savings accounts and certificates of deposits.
Competitive mortgage rates.
Fees tend to be lower at community banks.
Local deposits are used to make loans to local businesses.
Federal Credit Unions tend to have a better understanding of the communities they serve.
Federal Credit Unions tend to have a more personalized customer service experience and have higher customer satisfaction rates.
Federal Credit Unions provide local jobs and support local charities.
Notes:
1. The National Credit Union Administration (NCUA) is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions. NCUA's standard maximum share insurance amount at $250,000.00.
2. Periodically Mysmallbank.com will name a credit union as a top choice (Top credit union) based on a number of criteria such as customer and employee reviews, complaints, satisfaction, growth, locations, brand, and social responsibility. We only select the best credit unions, so they must meet minimum standards of excellences (Excellent Choice) in order to be reviewed by Mysmallbank.com
In Review is a segment of the MySmallBank.com blog written by Allan R Kirby, who writes and produces Personal Finance articles and videos along with My Success Magazine.
Disclosure: mysmallbank.com nor the author received any compensation from the mentioned credit union for this article. The article is our opinion only and is written to help readers learn more about local credit unions.