First Lincoln Federal Credit Union

410264

5730 R Street, Suite A, Lincoln, NE, 68505  

First Lincoln Federal Credit Union Was Originally Chartered in 1956 It was an industrial credit union consisting of members of local #156 Amalgamated Meat Cutters & Butchers Workman of North America in Lincoln, employees of the Credit Union, and immediate family members. Willard Mook was elected treasurer and took care of operations from his home


First Lincoln Federal Credit Union Was Originally Chartered in 1956
It was an industrial credit union consisting of members of local #156 Amalgamated Meat Cutters & Butchers Workman of North America in Lincoln, employees of the Credit Union, and immediate family members. Willard Mook was elected treasurer and took care of operations from his home. He conducted business at the American Stores plant, literally working out of his car with records of account in his back pocket.

Later the charter was expanded to include management of American Stores and the name was changed to Amscoe Federal Credit Union, and it operated out of a corner of a lunchroom for two years. In 1959, the credit union hired a manager and moved to an old conference room within the American Stores building. A year later, the credit union moved into an abandoned sawdust shed along a fence line which gave members better access without having to sign in at the gate. By 1963, the credit union moved into a trailer house adjacent to the American Stores property which was along 2nd Street, and then in 1969 the credit union had a facility built at 141 M Street.


LENDING PROFILE

First Lincoln Federal Credit Union arranges the following loan types:
  • RESIDENTIAL: Hard Money , FHA , HELOC , VA
  • COMMERCIAL: Hard Money , Portfolio
  • LAND: Hard Money
Lending territories: NE

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