The credit union movement in the U.S. got its start in the early half of the 20th century when people across the country were seeking an alternative to traditional banking institutions.
By the early 1950s, the movement had caught the attention of a group of civilian personnel looking for a different way to bank at F.E. Warren Air Force Base in Cheyenne, Wyoming. The group established Warren Credit Union to help each other achieve more than they could on their own.
Blue Federal Credit Union Logo“Over the course of 65 years, Warren Federal Credit Union established roots and built trust with military and community members throughout the greater Cheyenne area,” according to the organization.
The institution grew to five branches across Southern Wyoming, garnering multiple accolades while expanding its member base.
In 2016, Warren Federal Credit Union merged with another long-running financial institution, Community Financial Credit Union, to form Blue Federal Credit Union.
“From 2016 to the end of 2019, growth at Blue Federal Credit Union exploded,” according to the organization. “New members said that their reason for joining was that Blue aligned with their goals and helped them achieve them. Over 25,000 new members were introduced to Blue within those three years.”
Today, Blue Federal Credit Union has more than 100,000 members, 18 physical locations, and over $1.4 billion in assets. Most members are based in Wyoming and Colorado, but the credit union maintains members all over the world.
We recently chatted with several Blue Federal Credit Union representatives about the institution’s banking products and services, financial literacy initiatives, and community involvement.