Wyo Central Federal Credit Union to Merge with StagePoint Federal Credit Union

Wyo Central Federal Credit Union is pleased to announce that members have overwhelmingly approved the merger with StagePoint Federal Credit Union, effective 10/1/2024. This strategic merger will bring together the strengths of both institutions, enhancing service offerings and delivering greater value to members.

The decision to merge follows careful consideration and extensive discussions between the boards of both credit unions. By combining resources and expertise, the credit union will be better positioned to meet the evolving needs of members, provide more competitive financial products, and expand its footprint in the community.

Benefits to Members:

• Expanded Branch Network: Members will gain access to a larger network of branches, providing more convenient locations for in-person services. Including access to Velera’s Shared Branching Network.

• Enhanced Product Offerings: The merger will enable the combined credit union to offer a wider range of financial products and services, including improved loan options, higher savings rates, and enhanced digital banking solutions.

• Increased Financial Stability: The merger will create a stronger, more resilient financial institution, ensuring long-term stability and growth.

"We are excited about the opportunities this merger will bring to our members and the community," said Annie Sorensen, CEO of Wyo Central Federal Credit Union. "By joining forces with StagePoint Federal Credit Union, we will be able to offer enhanced services and products that will better serve our members' financial needs."

Tyler Valentine, CEO of StagePoint Federal Credit Union, added, "This merger represents a significant milestone for both institutions. Together, we will be able to leverage our collective strengths to provide superior value to our members and continue our commitment to exceptional service."

The combined credit union will operate under the name StagePoint Federal Credit Union, with a commitment to delivering the same high level of service and community involvement that members have come to expect.

For more information about the merger, members can visit the websites of Wyo Central Federal Credit Union and StagePoint Federal Credit Union or contact their local branch.