Louisiana-based Wymar FCU has received the 2022 GAC CUNA Benefits of Membership Top Performance Award. The award acknowledges credit unions that provide the most financial benefits to members. For consideration, benefits include low loan interest rates, higher-than-average deposit yields, and fewer/lower fees when compared to peer financial institutions.
“Enriching the lives of our members is in our DNA – it’s who we are as an organization,” says Wymar FCU CEO Ronnie Stephens. Stephens continues, “our members work hard to support themselves, and their families, being in their corner financially is what has kept us relevant for the past 65 years.”
“We are always looking for ways to thank our members for their membership,” says Cami Wheeler, Executive VP. “This is their credit union and to us, our job is to set them up for financial stability - whether that’s through our rates, our products, or our annual bonus dividend we issue. We are always looking for ways to innovate and help our members save and this award recognizes that.”
The credit union, which serves employees of BASF Geismar and their immediate families, placed first in its asset category ($100-$500M in assets). On average, Wymar FCU saved each member household $1,088 in 2022. The credit union proudly accepted this award at the annual Governmental Affairs Conference in Washington, DC in February.