We serve the employees and retirees of Lincoln Public Schools, and their immediate family members residing in the household.
Welcome to LPS Employees Federal Credit Union
Did you notice our new savings rates?Check with your other bank or credit union and you’ll likely find they are paying .10% or less. Our new rate is .75% on savings and checking accounts, with no restrictions or requirements on your part. How can we do this? It’s the way we do business. The average operating expenses for other Lincoln credit unions account for over 85% of their income. Our operating expenses are just 55% of our income. We don’t operate the same as other financial institutions, and we give our profit back to you. Our purpose is to encourage our members to save for future needs, and to provide easy access to low cost, necessary loans. We’re meeting this by charging below average rates for loans, and paying above average rates for your savings. Everyday we’re helping our members with loans for cars, home improvements or for life’s inevitable unexpected events. At the same time we’re encouraging our members to save for the future, and reward those who are already doing so. Our membership, our loans, our deposits and our financial strength are all growing. Our assets are now over $40 million with almost 3,500 members. On behalf of our staff and our Board of Directors, I want to thank you for your business and your trust in what I believe is the best credit union in Lincoln.