Recent News  

Congratulations Allison Devoll,

Scholarship Winner

                   

Allison DeVoll, has been awarded a $1,000.00 Scholarship from Columbus United Federal Credit Union for the 2009-2010 academic school year. 

Allison is currently a senior at Columbus High School, and is looking forward to attending the  Pre-Pharmacy program at Wayne State College in the fall. 

Some of Allison’s extracurricular and school activities include Color Guard, Job’s Daughters, Relay for Life, Mock trial, Special Olympics, and the After School Program.  Allison is currently employed at Doozy’s in Columbus.

Congratulations and Good Luck Allison.

 

We Are Not Moving, We Are GROWING!!

Credit union as well as community members have asked us repeatedly if we are moving the credit union to the new location, and the answer is no. We are not moving, we are growing! The Columbus United Federal Credit Union broke ground October 1, 2008 for the new branch location. The new branch will be located in Columbus' east side retail development area. The credit union will continue to maintain its current office, located on 39th Avenue, as well as the branch office.   The branch will offer a convenient alternative location for members to conduct their financial business.  The 4500 square foot building will have three drive thru lanes, full service ATM, lending offices and a new conference room that will be able to facilitate member education opportunities.

Check back here often as we'll keep you informed on the construction process.

   

 

 

 

 

                       Branch Construction site June 2009

 

         

Your Credit Union Deposits

are Federally Insured to at least $250,000

Credit unions remain a safe harbor for your savings and other accounts, despite economic woes, including the recent bank failures. Every credit union in Nebraska has federal deposit insurance just like FDIC insurance;  deposits are insured to at least $250,000 thanks to federal insurance—members' shares are backed by the full faith and credit of the United States.

There's no better time to be a credit union member.   No credit union member has ever lost a penny of federally insured deposits in a credit union. Virtually all credit unions are insured by the National Credit Union Share Insurance Fund (NCUSIF), which insures savings of at least up to $250,000 per account. Certain retirement accounts such as IRAs and Keoghs benefit from additional coverage of up to $250,000.

What does share insurance coverage mean for you?

    • If you have more than one single-ownership account at the credit union, all those account balances are added together and insured in the aggregate, to the maximum of $250,000.
    • If you have a joint account at the credit union, that account is insured separately from your individual account up to the $250,000 level, provided each of you has personally signed an account signature card and each of you has a right of withdrawal on the same basis. Each individual's interests in all jointly held accounts are added together and insured up to $250,000;
    • If you have accounts at more than one insured credit union, you have coverage up to the full insurable amount in each credit union. If your credit union has one or more branches, the main office and all branch offices are considered as one credit union;
    • If you have a revocable trust account, such as payable-on-death, living trust, or testamentary account, insurance coverage for each account is up to $250,000 per owner for each qualified beneficiary; and

While IRAs and Keogh accounts are insured separately from non retirement funds, with each type insured up to $250,000, funds in traditional IRAs and Roth IRAs are added together and insured in the aggregate up to $250,000. Coverdell Education Savings Accounts are treated as irrevocable trust accounts and added in with your other irrevocable trust account funds and insured separately up to $250,000.

 

$500.00 Fast Funds Loan

  • 5.00% APR*
  • Take up to 60 days to pay
  • No Credit Check!

We all have unexpected expenses. A Fast Funds Loan can help with those expenses...FAST! With a Fast Funds Loan you borrow $500 and take up to 60 days to pay.*

*APR effective as of 04/27/09 for 60 day term. Estimated payment on 60 day loan at 5.00% APR = $504.18 $25.00 application fee. Other restrictions apply, see a Loan Officer for details.