First Nebraska Credit Union (firstnebraska.org) announces the retirement of its President and CEO, Ann Loftis, effective February 17, 2025, after an exemplary 32-year career with FNCU. The Board of Directors has named Dale Kovar, the current Executive Vice President as Loftis’s successor. Kovar will assume the role of President/CEO on January 1, 2025.

Loftis’s leadership has been instrumental in FNCU’s growth and success. First Nebraska Credit Union is proud to have Loftis for over three decades and looks forward to a seamless transition under Dale Kovar. Loftis’s leadership has been instrumental in the credit union’s growth and success. Since taking on the role of President/CEO in 2016, she has overseen tremendous progress, including a significant increase in assets, loan growth and membership expansion. Under her guidance, FNCU also broadened its Field of Membership, expanded into underserved areas and introduced innovative services.  Loftis has also led the organization through several successful mergers, a core system conversion and a strategic name change.

Dale Kovar brings 30 years of experience in banking and finance, along with a Bachelor of Science in Finance and an MBA from the University of Nebraska. He has worked closely with Loftis over the past several years in preparation for this leadership transition. With a strong track record in financial management, investment strategies, and organizational leadership, Kovar is well-equipped to lead First Nebraska Credit Union into the future.

First Nebraska Credit Union, founded in 1964, serves 17,000 members with assets totaling $183 million. The credit union is committed to providing exceptional financial services to individuals and families across Nebraska and Iowa, guided by the philosophy of “People Helping People.” To learn more, visit firstnebraska.org.