The members of Construction Industries Credit Union (CICU), Lincoln, NE voted in favor of merging with First Nebraska Credit Union. The merger will be completed on June 1, 2021. The CICU office will close on May 28 at 1 pm.
CICU Members and CICU Member Business Contacts:
CICU members have been mailed a merger packet with important information about their account. Member Business Contacts have also been mailed a merger packet. If you don’t receive a merger packet by Friday, May 14, please contact FNCU at 402-492-9100, Ext. 838.
Construction Industries Credit Union Members Approve Proposed Merger with First Nebraska Credit Union
Lincoln, NE. (May 10, 2021) –
The members of Construction Industries Credit Union (CICU), Lincoln, NE voted in favor of merging with of First Nebraska Credit Union (FNCU). FNCU has two branches in Lincoln and four in the Greater Omaha area.
“We are thrilled that the members of both organizations recognized the benefits to merging First Nebraska Credit Union and Construction Industries Credit Union,” said Ann Loftis, President and CEO, First Nebraska. “We are very excited to welcome Construction Industries Credit Union members to our family.”
The merger will not result in any lay-offs or the elimination of any positions. The CICU staff are planning to retire. “We are excited to merge with First Nebraska Credit Union as the company principles align well with CICU core values, and they will provide an expansive range of financial products and services that will help our members with their banking needs. It has been a pleasure to serve our members.” said Carol Claus, Manager of Construction Industries Credit Union.
The CICU branch at 810 N. 48th Street, Lincoln, NE will close on May 28, and CICU members will be able to do business at any of the FNCU branches starting June 1, the date of the merger completion.
First Nebraska Credit Union has more than $167 million in assets.
For more information on the merger, visit firstnebraska.org.
About First Nebraska Credit Union:
First Nebraska Credit Union is a member-owned, not-for-profit financial cooperative, founded in 1964 to provide benefits for employees and their family members of smaller businesses. 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 Construction Industries Credit Union: Construction Industries Credit Union has been serving our loyal customers in the construction industry for more than 50 years. We made customer service our highest priority and treated members like family.