-- WyHy Federal Credit Union announced the appointment of Matthew Ballou as its new Chief Executive Officer on April 1, 2026. The leadership transition marks a new chapter for the Wyoming-based financial institution as it continues its focus on member service, strategic growth, and community involvement.
Ballou steps into the CEO role with more than 12 years of leadership experience in the financial services industry and an extensive understanding of WyHy’s operations, mission, and member relationships. Prior to his promotion, Ballou served as Chief Retail Officer, where he led initiatives in retail banking, mortgage strategy, and marketing that helped strengthen the organization’s growth and member experience.
Throughout his tenure with WyHy, Ballou has played a significant role in shaping the credit union’s strategic direction while helping expand services designed to better serve Wyoming residents. His leadership style has been recognized for emphasizing collaboration, employee engagement, and personalized financial guidance for members across the state.
“Matthew has consistently demonstrated a strong commitment to our members, our employees, and the communities we serve,” said Pam Fredrick, Board Chair for WyHy Federal Credit Union. “His leadership, vision, and dedication make him the ideal person to guide WyHy into its next phase of growth and innovation.”
Ballou succeeds longtime CEO Bill Willingham, who served the organization since 1984 and led the credit union since 1992. Under Willingham’s leadership, WyHy expanded its statewide presence and strengthened its reputation as a trusted, community-focused financial institution dedicated to helping members achieve financial success.
“I’m honored and grateful for the opportunity to serve as CEO of WyHy Federal Credit Union,” said Ballou. “Being part of this organization has given me a deep appreciation for our members, our employees, and the communities we support every day. I’m excited to continue building strong relationships and guiding WyHy into the future.”
Headquartered in Cheyenne, Wyoming, WyHy Federal Credit Union currently serves more than 22,700 members across five branch locations statewide and manages approximately $411 million in assets. The organization has remained committed to financial education, community support, and personalized banking services for more than 70 years.
WyHy leadership stated that Ballou’s appointment reflects the organization’s long-term commitment to developing internal leadership and continuing its mission of serving Wyoming communities with integrity, innovation, and member-first financial solutions.
About WyHy Federal Credit Union
WyHy Federal Credit Union is a member-owned financial cooperative headquartered in Cheyenne, Wyoming. Established in 1953, the credit union provides personal banking, business banking, lending, mortgage, and financial education services to communities across Wyoming. WyHy operates with a mission centered on personalized financial guidance, community involvement, and long-term member success while continuing to expand innovative banking solutions throughout the state.
Contact Info:
Name: Amy Davis
Email: Send Email
Organization: WyHy Federal Credit Union
Phone: 307- 638-4200
Website: https://www.wyhy.org
Release ID: 89193397
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