The Nebraska Credit Union League recently announced that national credit union membership surpassed 100 million, now representing one in three Americans. In Nebraska alone, 13,000 new members joined over the past year to bring the total to nearly 460,000.
SAC Federal Credit Union (SAC FCU), Nebraska’s largest locally owned credit union, is a local model of national credit union growth. Since 2008, SAC FCU membership has grown 78% and assets have grown 130%. Twenty-three branches in Nebraska and western Iowa, including the newest branch in Grand Island, Nebraska, serve more than 84,500 members. In July, assets reached $731 million.
Since 2011, credit unions have seen accelerated growth as consumers searched for alternatives to traditional commercial banks and began to gravitate toward the lower interest rates and fees and higher returns on savings offered by credit unions. At SAC FCU, members enjoy access to a variety of products and services, including multiple checking and savings options, wealth management and investment offerings, and commercial banking services. SAC FCU also offers its members online banking, mobile banking or banking by phone, over 50,000 fee-free ATMs nationwide and 23 branch locations. Members also enjoy excellent client service from dedicated, local employees.
For additional information on credit union membership and SAC Federal Credit Union (SAC FCU), visit www.sacfcu.com.