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U.P. CONNECTION FEDERAL CREDIT UNION

Sep, 30, 2025 — U.P. CONNECTION FEDERAL CREDIT UNION is a federal credit union headquartered in OMAHA, NE with 2 branch locations and about $33.14 million in total assets. Opened 86 years ago in 1940, U.P. CONNECTION FEDERAL CREDIT UNION has about 2,408 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:U.P. CONNECTION FEDERAL CREDIT UNION
Address:
(Main Office)
6707 Grover St
OMAHA, NE 68106-3611
Phone:(402) 391-5838
Fax:(402) 391-4310
Website:https://www.upconnection.org
Branches:2 branch locations
Members:2,408
Credit Union Type:Federal Credit Union
Charter Number:4098
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1940
Last Audited:Jun 01, 2025
FHLB Member:Yes
Low Income Designation:No
Assets:$33,136,817
CEO/Manager:Stephen Leddy
Chairperson:Carol A Daley

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,028,753
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 10,378,743
 Unsecured Loans 327,098
 Other Loans 7,815,225
 TOTAL LOANS 18,521,066
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -24,373
 Land And Building 1,096,720
 Other Fixed Assets 96,482
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 289,348
 All Other Assets 0
  TOTAL ASSETS 33,136,817
LIABILITIES & CAPITAL:  
 Dividends Payable 1,220
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 225,350
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,181,596
 Regular shares 14,813,192
 All Other Shares & Deposits 8,623,952
  TOTAL SHARES & DEPOSITS 28,618,740
  TOTAL LIABILITIES 28,845,310
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 4,291,507
  TOTAL EQUITY 4,291,507
  TOTAL LIABILITIES, SHARES, & EQUITY 33,136,817
INCOME & EXPENSE  
 Loan Income 598,032
 Investment Income 276,601
 Other Income 213,107
 Total Employee Compensation & Benefits 435,398
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 662,983
 Non-operating Income & (Expense) 26,871
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 197,626
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -157,597
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