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LINCONE FEDERAL CREDIT UNION

Sep, 30, 2025 — LINCONE FEDERAL CREDIT UNION is a federal credit union headquartered in LINCOLN, NE with 3 branch locations and about $171.95 million in total assets. Opened 71 years ago in 1955, LINCONE FEDERAL CREDIT UNION has about 17,631 members and employs 44 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LINCONE FEDERAL CREDIT UNION
Address:
(Main Office)
4638 W St
LINCOLN, NE 68503
Phone:(402) 441-3555
Fax:(402) 441-3566
Website:https://www.linconefcu.org
Branches:3 branch locations
Members:17,631
Credit Union Type:Federal Credit Union
Charter Number:10585
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1955
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$171,948,083
CEO/Manager:Mary G Sailors
Chairperson:Roger Peterson

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 16,653,647
TOTAL INVESTMENTS 0
Loans Held for Sale 1,297,050
 
 Real Estate Loans 26,904,274
 Unsecured Loans 7,019,766
 Other Loans 47,253,802
 TOTAL LOANS 81,177,842
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -633,441
 Land And Building 2,991,456
 Other Fixed Assets 261,737
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 1,489,174
 All Other Assets 0
  TOTAL ASSETS 171,948,083
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,713,685
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 33,019,903
 Regular shares 90,169,706
 All Other Shares & Deposits 25,335,562
  TOTAL SHARES & DEPOSITS 148,525,171
  TOTAL LIABILITIES 150,238,856
 Regular Reserve 0
 Other Reserves 100,000
 Undivided Earnings 21,609,227
  TOTAL EQUITY 21,709,227
  TOTAL LIABILITIES, SHARES, & EQUITY 171,948,083
INCOME & EXPENSE  
 Loan Income 4,433,790
 Investment Income 2,557,850
 Other Income 1,028,339
 Total Employee Compensation & Benefits 2,723,494
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 3,253,560
 Non-operating Income & (Expense) -15,665
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 450,613
 Cost of Funds 653,708
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,964,334
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