Omaha Federal Credit Union was granted charter number 135 as Omaha U. S. Employees Federal Credit Union, on March 13, 1935, by the Farm Credit Administration. The membership body of 60 purchased $800 in shares. The credit union commenced business on April 1, 1935. All employees of the Federal Government having a permanent status, working in and with Headquarters in Omaha were eligible for membership. By the end of 1936, the assets from 185 members totaled $5,309. Changing its name in 1976 to Omaha Federal Credit Union, it continued to grow. Assets reached $5 million in 1978, and by 1990, Omaha Federal's assets were $14 million with 5,600 members.The original credit union office was located in the old Federal Building at 15th & Dodge Streets. In 1942, the credit union office was moved to the Keeline Building. The credit union was then moved into the new Federal Building on 17th Street in 1964. In July, 1983, the credit union moved again from the small office in the Federal Building to the offices at 120 Applewood Mall, 42nd and Center Streets. The office in the Federal Building was maintained as a branch office. In January, 1990, the Blair Community Federal Credit Union was merged with Omaha Federal Credit Union. The former Blair office was maintained as a branch office. To better serve its members, Omaha Federal Credit Union reached a joint venture agreement with Omaha Police Federal Credit Union and became the first credit union in Nebraska to operate two separate credit unions from a shared facility. The shared facility opened in the summer of 1991 on 82nd Avenue. At the same time, the credit union opened a branch at the VA Medical Center on Woolworth Avenue.
In October 2001, Omaha Federal opened a new branch in the new Roman Hruska Courthouse, along with an ATM. Then in December 2001, Omaha Federal Credit Union merged with the World Herald Employees Credit Union. This merger added over 800 new credit union members. In June 2003, Omaha Federal Credit Union changed to a community charter Credit Union. The Credit Union now serves anyone who lives, works, attends school or worships in Douglas, Sarpy, and Washington Counties in Nebraska and Pottawattamie County in Iowa. In February, 2005, the Credit Union opened another office in northwest Omaha at 15505 Ruggles. Currently, Omaha Federal Credit Union has over $47 million in assets and offers a full line of products and services to its membership including online loan approval and account access.
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