NREA CREDIT UNION The Nebraska Rural Electric Association Credit Union is a member owned non-profit financial institution created by the Nebraska Rural Electric Association as a benefit to its membersystem’s employees, directors, and their families. The credit union provide outstanding service with minimal overhead, keeping costs low to better serve our members. History: The NREA Credit Union was chartered in 1973, and is located in Lincoln, Nebraska, in the offices of the statewide Nebraska Rural Electric Association.
Board of Directors President John Hoke, Retired General Manager Niobrara Valley EMC Vice President Rick Nelson, General Manager Nebraska Rural Electric Association Secretary Chet McWhorter, General Manager Cuming County PPD Treasurer Bob Beatty, General Manager KBR RPPD Membership Chair Colyn Suda, General Manager Southwest PPD
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Services: The NREA Credit Union offers competitive rates on share savings deposits, one-year term share certificates, credit cards, vehicle, personal and student loans. Dividends on shares and term share accounts are declared and paid quarterly. Membership: Membership is open to all employees and directors of public power districts and electric cooperatives that are members of NREA, as well as to all members of the immediate families of those employees and directors.
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MEMBERS
Management: The operation of the NREA Credit Union is under the direct control of a five-member board of directors elected by the membership at the Credit Union’s annual meeting.