In June, Lincoln USDA Federal Credit Union (Lincoln USDA) members voted in favor of merging into First Nebraska Credit Union, and the merger was finalized on Oct. 1, 2022.
The Lincoln USDA FCU branch at Centennial Mall, Lincoln, NE closed Sept. 30, and former Lincoln USDA FCU members are now able to do business at any of the five FNCU branches.
“We are excited that the members of both credit unions recognize the benefits to merging First Nebraska Credit Union and Lincoln USDA,” said Ann Loftis, President and CEO, First Nebraska. “This merger was a great fit for both organizations, strategically and culturally. We welcome Lincoln USDA members to our family, and look forward to helping them with their financial needs.”
The merger will not result in any lay-offs or elimination of any positions.
About First Nebraska Credit Union (FNCU):
First Nebraska Credit Union has more than $168 million in assets and is a member-owned, not-for-profit financial cooperative, founded in 1964 to provide benefits for employees and their family members of smaller businesses.
FNCU has two branches in Lincoln and four in the Greater Omaha area. We are a full-service credit union, offering savings, checking, loans, share certificates, and a robust line of online and mobile banking options.
Our mission is “to provide professional services for the benefit of our members while reinforcing the credit union philosophy of ‘people helping people.’” We currently serve more than 15,000 members, including about 160 select employee groups, and people in the education and medical fields throughout the state of Nebraska and Iowa.
About Lincoln USDA Federal Credit Union:
Lincoln USDA had one branch at Centennial Mall, and was founded in 1939.
