We don't just lend money, we make dreams come true.
Who We Are
In 1955, a concerned group of Goodyear employees recognized the need for a place where they and their fellow workers could have their financial needs served in a cooperative atmosphere. The combined efforts of this group, management from the Lincoln Goodyear plant, and representatives of the United Rubber Workers Local 286 resulted in the granting of charter #10585 by the National Credit Union Administration on October 11, 1955, marking the beginning of the Lincoln Goodyear Employees Federal Credit Union.
The credit union began as a small operation, with one part-time volunteer worker, offering a savings account and a simple loan program. In future years, the addition of such services as share checking, certificates, IRAs, ATM cards, payroll deduction for plant employees and electronic funds transfers have aided the credit union in a steady evolution from its original "shoe box" operation to the present day multi-service financial institution driven by a sophisticated data processing system and friendly, competent officials and staff.
The Lincoln Goodyear Employees Federal Credit Union enjoyed decades of growth as the GOODYEAR Tire & Rubber Company's Lincoln plant grew during the late 1900s. However, as the number of employees at the plant has declined from nearly 3,000 at its highest to the approximately 400 today, the Credit Union's membership base has been diversified to foster continued credit union growth and stability. Our name change to LINCONE better represents who the Credit Union serves, its potential membership, and its vision for the future.
On April 1st, 2015, Peoples Choice Federal Credit Union merged with LINCONE to create a larger, stronger credit union to benefit both LINCONE
and Peoples Choice memberships and the Lincoln Community. Peoples Choice FCU was originally chartered by 17 individuals as the Lincoln City Employees
in October 1949 to serve employees of the City of Lincoln and their familie s. Since that time, the credit union has grown to $76 Million in assets and
currently serves approximately 10,700 members. During its 65 years, the credit union successfully completed mergers with the Lancaster County Employees
CU in 1975, Health Care Federal CU in 1998 and the Journal-Star Employees CU in 2002. In November 2007 Peoples Choice FCU was granted a federal community
based-charter by the National Credit Union Administration allowing the credit union to provide financial services to everyone who lives, works,
worships, or attends school in Lancaster County, NE. The merger with LINCONE created a larger organization to provide resources to offer even more
competitive rates, new products and services, access to new technologies and community involvement.
Today LINCONE has four state of the art facilities located at 4638 "W" Street, 5705 S 86th Drive, 2500 "N" Street & 6700 S 70th providing more
accessibility to members and those wanting to open accounts. LINCONE's service is well known and respected throughout the Lincoln Community. The number of
financing options, deposit accounts and multiple electronic conveniences that include a mobile app and online access will catapult LINCONE to the front
of the line when members look for financial services.
Organization and Management
Currently, LINCONE FCU is governed by a thirteen member Board of Directors. Seven directors were elected and six were appointed (04.01.2015) after
Peoples Choice Federal Credit Union merged with LINCONE. The Board of Directors will be reduced by two each year until there is a nine member Board of
Directors (2017). At that time, each year, on an alternating basis, directors serve for three year terms.
The board is responsible for the general management of the affairs, funds, and records of the credit
union. They meet monthly, and at other times when required, to act on such items as dividend rates, loan rates, lending policies, and other
business. The board consists of the following officers: Chairman, Vice Chairman, Treasurer, Secretary, Membership Officer and two Directors.
The board is responsible for the appointment of the Supervisory Committee on an annual basis.
The Supervisory Committee is composed of three to five members appointed annually by the board. They are
charged with responsibilities including causing yearly routine audits and verification of member accounts to be performed.
All volunteers and staff are committed to providing an environment of prompt, professional service
regarding member financial needs. They are sworn to maintain the confidentiality of the financial affairs and transactions of the members.
Who Do We Serve
The field of membership of this credit union includes:
persons who live, work, worship, or attend school in, and businesses and other legal entities, located within Lancaster County, Nebraska (3/17/03);
Family members (grandparents, parents, spouses, brothers, sisters, children,
and grandchildren) of anyone meeting one of the criteria for membership
may also join the credit union and enjoy all credit union services.
members of record of this credit union as of March 17, 2003, the effective date of its conversion to a community charter;
members of record of Dorsey Laboratories Federal Credit Union as of September 3, 2004 (the effective date of its merger with this credit union);
members of record of Peoples Choice Federal Credit Union as of April 1, 2015 (the effective date of its merger with this credit union);
employees of this credit union;
spouses of persons who died while within the field of membership of this credit union;
members of their immediate families or households; and
organizations of such persons
The LINCONE FCU operates using the philosophy of "once a member, always a member."
This means if you voluntarily close your account, you may reopen it at a later date without meeting any of the criteria stated above.
All members, including retirees and those transferred from Lincoln for any reason, are encouraged to retain their membership. However,
if they make the decision to withdraw from membership, they may re-join at a later date under the "once a member, always a member" philosophy.
Contact the credit union for information on how to join.
Careers at LINCONE:
If you are interested in a career in the financial services industry, LINCONE Federal Credit Union is an equal opportunity employer offering competitive wages, great benefits, and a pleasant working environment.
Adopted February 22, 2001
At LINCONE FCU , we value your membership
and we are committed to protecting the privacy of all our members. It is
important to us that you are confident that any information you give us is
private. We make it a priority to provide privacy both on our web site and
in our business office.
The LINCONE FCU collects non-public
personal information about you from the following sources:
1) Information we receive from you on applications or other forms, such
as your name, address, social security number, assets, and income;
2) Information about your transactions with us or others, such as your
account balance, payment history, parties to transactions, and credit
3) Information we receive from a consumer reporting agency, such as your
credit-worthiness and credit history.
We do not disclose any non-public personal information about you to anyone,
except as permitted by law.
The Credit Union may disclose all of the information we collect as described
above to companies that perform marketing services on our behalf or to other
financial institutions with whom we have joint marketing agreements. These
companies are required to keep this information confidential.
The Credit Union restricts access to your personal and account information to
those employees who need to know that information to provide products or
services to you.
The Credit Union maintains physical, electronic, and procedural safeguards that
comply with federal regulations to guard your non-public personal information.
If you decide to terminate your membership or become an inactive member, we
will adhere to the privacy policies and practices as described in this
In order to comply with the USA Patriot Act,
LINCONE FCU is required to obtain, verify,
and record identification from all persons applying for and opening new
accounts or services with the credit union. Information that we are required
to obtain includes name, mailing and residential addresses, tax identification
number, date of birth and a copy of government issued photo ID. Additional
data may be gathered depending on the type of account opened. Data on
existing members will be gathered as new or additional services are used.
Confidentiality of the information gathered by the credit union will be
maintained as required under the Privacy Act.
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United State Government. National Credit Union Administration, a U.S. Government Agency
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.