What is a Credit Union?

Many people save their money in a credit union. These people usually have something in common, such as their place of work.

You and other members put your money into savings accounts which are called share accounts. This money is then given to other members as a loan, these members will pay an extra amount of money called interest. Then you and the other members will get paid extra money from the credit union for letting it use your money. The extra money that you will earn in your share account is called dividends.

The credit union's main purpose is to give member owners the best financial services. Omaha Federal Credit Union thinks that it has chosen a not so impossible mission.

Who can become a member of Omaha Federal Credit Union?

Omaha Federal Credit Union is a community credit union. Anyone who works, lives, goes to school or attends church in Douglas, Sarpy, or Washington counties in Nebraska or Pottawattamie county in Iowa can join Omaha Federal Credit Union and take advantage of our financial services.

"Once you are a Member, you are always a Member."