An independent analysis performed by Oxford Economics, one of the world’s foremost independent global advisory firms, finds that Wyoming’s credit unions contributed $178 million and supported 1,700 jobs in the Wyoming economy.
The analysis, published in December 2024, measured credit unions’ impact in terms of Gross Domestic Product (GDP), employment, and wages. In addition to the Oxford Economics analysis, GoWest Credit Union Association’s community impact survey measured Wyoming credit unions’ significant contributions to financial education, support for first-time homebuyers, and charitable contributions supporting hunger solutions, school supply drives, 4-H and FFA programs, and more.
Credit unions’ not-for-profit, cooperative structure, local footprint, and community engagement drive a unique impact that benefits the economy and provides people with tangible financial services and benefits. No wonder more than 330,000 consumers have chosen a Wyoming credit union as their financial services partner.
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Credit unions are essential in Wyoming. Their impressive economic impact has been documented in an independent analysis performed by economists at Oxford Economics and in a community impact survey by GoWest Credit Union Association.
GoWest WY Economic Impact Report Oxford Economics Executive Summary