First Lincoln Federal Credit Union   5730 R Street, Suite A    Lincoln, NE 68505  Phone (402) 466-4040  Fax (402) 466-5405

First Lincoln Federal Credit Union's field of membership shall be limited to
persons having the following common bond:

• Persons who live, work, worship or attend school in, and businesses and other legal entities located in Lancaster County, Nebraska (08/17/04);
• Members of record of this credit union on August 17, 2004, the effective date of its conversion to a community field of membership;
• Employees of this credit union;
• Spouses of person who died while within the field of membership of this credit union;
• Members of their *immediate families or household; and organizations of such persons.
• Immediate family includes: grandparents, parents, spouses, siblings, children and grandchildren

First Lincoln Federal Credit Union was originally chartered in 1956 as an industrial credit union consisting of members of local #156 Amalgamated Meat Cutters and Butchers Workman of North America in Lincoln NE. Today, membership is open to all persons who reside, work, worship or attend school in Lancaster county.

When you join a credit union, you join a family nearly 50 million strong. As a member, you own a stake in the family's future. That's because a credit union is the only financial institution owned by its members.

It's this feature that makes credit unions unique. Rather than pushing to make large profits for stockholders, a credit union returns earnings to its members in the form of higher dividend rates, additional services, or discounted loan rates.

It's this kind of operating philosophy that fosters family involvement at credit unions.

The credit union idea is a simple one: People should be able to pool their money and make loans to each other. The guiding principles have always been (1) Only people who are credit union members should borrow there; (2) loans are made for "prudent and productive" purposes; and (3) a person's desire to repay (character) is considered more important than the ability to repay (income). Members are, after all, borrowing their own money and that of their fellow members. These principles govern most of the world's credit unions.

Credit unions cater to families through the "Once a Member, Always a Member," philosophy. They permit lifelong membership even if a person leaves the field of membership or locality. This provision is especially valuable for retired people.

Family memberships are usually encouraged when the primary member joins the credit union. The employee taking the membership application, or the application itself, will always ask if you have a spouse or children who would like to join.

APPLYING FOR MEMBERSHIP

Membership applications are available at the credit union office. Once completed, return it to the credit union office along with a picture ID such as a valid drivers license, state issued ID, or passport. A minimum share deposit of $5 must be made and maintained for membership.

Supervisory Committee Lanny Goering Roddy Humeniak Thomas Simms Chairman Member Member

Board of Directors Ken Sabata Lloyd Weathermon Terry Jones David Sandblom Thomas Simms  Chairman Vice Chairman Secretary Treasurer Membership Officer

Credit Union Staff Wayne Wacker Janet Deb Eric Pat Shelbi Jill President Secretary/Collections/Teller Accounting/Teller Loan Officer Payroll/IRAs/Teller Office Assistant/Teller Marketing