About Us
In 1937, seven faculty members adopted the credit union idea and founded the University of Nebraska Federal Credit Union. The founders sent out letters to faculty members encouraging participation. NUFCU attracted Depression-weary professors and those who were rejected by banks. Joining a credit union seemed a better alternative to loan sharks.
Membership was initially only open to faculty members. Members were required to purchase at least one share for five dollars and charged a 25 cent enrollment fee. Those unable to purchase the share up front were given a year to pay off the initial share amount. NUFCU only offered savings accounts at first but then distributed its first loan in February 1939.
NUFCU was operated out of a faculty member’s desk drawer for the first five years, moved to the Dairy Building on East Campus in 1943, to Agricultural Hall six years later, to the Faculty Club on City Campus in 1969, to the 501 building prior to construction of the Wick Alumni Center and then to 1630 Q Street in 1985. In 1997, NUFCU started another branch at 301 N 52nd Street.
Today, NUFCU has over 10,000 members and over $70 million in assets. It offers checking and savings accounts, credit cards, consumer loans, mortgage loans, business loans, telephone teller, online bill pay and many other services. Individuals eligible for membership include University of Nebraska faculty, staff, volunteers, students and their families.
Credit Unions For Kids
Credit unions have partnered with Children's Miracle Network since 1996 and since that time the credit union movement has raised more than $80 million for affiliated children's hospitals. Today, credit unions across the United States collaborate with credit union leagues, trade organizations and business partners to raise much needed funds to benefit Children's Miracle Network hospitals.
The funds raised in Nebraska credit unions go to hospitals and clinics that serve Nebraskans. Currently, Nebraska credit unions are working together to fund a new child friendly ambulance for Children's Hospital and Medical Center. It will provide pediatric emergency transport service for sick children and babies throughout the region. Members who wish to donate to this cause can drop change, cash or checks in the coin collection boxes in our lobbies.
Contact Us
Member Service (general questions, loan inquiries & transactions)
Local Calls: 402.472.2087
Long Distance (Toll Free Line): 800.875.5933
E-mail: info@nufcu.org
President
Robert Torell
402.472.2087
E-mail: btorell@nufcu.org
Vice President, Member Services
Monte Dickson
402.472.2087
E-mail: mdickson@nufcu.org
Vice President, Operations
Sandra Bundy
402.472.2087
E-mail: sbundy@nufcu.org
Vice President, Accounting
Rnel Sohl
402.472.2087
E-mail: rsohl@nufcu.org
Newsletter
The most recent issuess of our newsletter can be viewed as a PDF by clicking on following links:
If you prefer to receive a hard copy of the newsletter you can stop by one of our locations or e-mail us at info@nufcu.org with your address to have us mail you an issue.
