What makes Nebraska Energy Federal Credit Union different from a bank?

Nebraska Energy Federal Credit Union  Banks

Our Mission
Cooperative, not-for-profit financial institution operating to promote thrift and provide credit to our members. 
Business oriented. Operates to generate a profit for outside shareholders by providing banking services for customers. 
Governed by a nine-member board of directors. These individuals volunteer their service and are elected by our members.

Paid board or directors elected by shareholders. 

Rates and Fees

Typically offer higher rates on deposits, lower rates on loans. 
Assess fewer fees and charge less.
Often offer less competitive rates on deposits and loans.
Charge higher/additional fees. 

Deposits are insured up to $250,000 by the
National Credit Union Administration (NCUA) .
Deposits insured up to $250,000 by the
Federal Deposit Insurance Corporation (FDIC).