Nebraska Rural Electric Association Credit Union


Our records indicate that this credit union has been acquired by NEBRASKA ENERGY.


Headquarters

P O Box 82048
Lincoln, NE 68510
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Notable Rates APY Vs.Others
Savings N.A. 5.55% →
1-Year CD N.A. 5.41% →
2-Year CD N.A. 5.00% →
5-Year CD N.A. 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Nebraska Rural Electric Association is an NCUA insured institution located in Lincoln, NE. It was founded in 1973 and has approximately $4.32 millions in assets.

NCUA Insured Yes / State-Chartered
Charter Number # # 61715
Date Established 1973
Assets $4.32 million
Loans $2.98 million
Deposits $3.49 million
Capital $0.83 million
 

Deposit Rates - April 19, 2024

Your Current Location: Ohio, OH 43085

We do not yet have rates for Nebraska Rural Electric Association

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Loan Rates - April 19, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Nebraska Rural Electric Association

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

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Rocket Mortgage
NMLS ID: 3030
7.350% 7.250% 1.00 $3,200 $2,183 Learn More
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NMLS ID: Not a Lender
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Neighbors Bank
NMLS ID: 491986
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Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$0 Learn More
More Info

Note to Nebraska Rural Electric Association
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Branches

Below are Nebraska Rural Electric Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio


Nebraska Rural Electric Association Locations



Climate Policy and Initiatives

NEBRASKA RURAL ELECTRIC ASSOCIATION is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Nebraska Rural Electric Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Nebraska Rural Electric Association. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Nebraska Rural Electric Association U.S. Average
2.20% 6.97

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2023, Nebraska Rural Electric Association had $18,849 in non-current loans and $0 in owned assets. To cover these potential losses it had $832,262 in net worth and $23,642 in loans loss reserves. That gives it a Texas Ratio of 2.20%.

Net Worth
Nebraska Rural Electric Association U.S. Average
19.25% 13.62%

Nebraska Rural Electric Association FCU has a net worth of 19.25% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Nebraska Rural Electric Association

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