Letter from the President

As I look back on the challenges SAC FCU has faced during the past few years, I am extremely pleased that we have successfully navigated through one of the most difficult financial periods in modern history. This is quite an accomplishment given that interest rates remained at the lowest levels in history. The Credit Union's prudent lending practices and conservative financial management have served us well during this difficult time. As we look forward, SAC FCU is poised to continue to provide our members with the financial tools they need to succeed in today's complicated financial world. I am proud of the management team and the employees of the Credit Union for working tirelessly on your behalf to deliver these exceptional results.

Since 1946, SAC Federal Credit Union has grown to be a leader in the credit union industry. SAC FCU has more than 64,000 members and over $500 million in assets, ranking it as the largest credit union in Nebraska. Through the years we have treated members as family – guiding them through financial challenges and sharing in their life events.

The strong relationships that we have formed with our members are what have contributed to our growth and stability. Keeping in touch with our members' ever-changing wants and needs has allowed us to provide them with the most innovative products and services. Our focus is to provide an outstanding experience in every branch, over the phone and on-line and to expand our products, services and facilities to position ourselves for future growth. Much of the Credit Union resources are used to foster innovation, provide continuous learning opportunities, develop lifelong relationships with members, proactively identify new market opportunities, ensure financial stability and exemplify social responsibility.

The financial environment has seen innumerable changes in the past several years – in technology and delivery channels, and many more are sure to come. However, our members can rest assured that SAC FCU will continue to be an institution upon which they can rely and trust.

SAC Federal Credit Union's community partnerships are evident in the strong ties it has forged with residents, community leaders, business owners and local schools. The Credit Union has become part of the fabric of these communities, providing affordable financial products and services and financial education, while maintaining a high profile at community meetings and events. Historically, SAC FCU has supported numerous community organizations, not only with vital monetary assistance, but also through the volunteer efforts of our employees.

Many improvements to our Credit Union are on the horizon, both functionally and operationally, and combined with our drive for unmatched service we are positioned for the future. Members can look forward to these exciting initiatives: an upgraded online membership and deposit account opening system, a new online banking system with enhanced features and improved mobile banking application, and new initiatives to encourage children and young adults to join the credit union so future generations can enjoy the benefits of membership. This year, mobile banking and a SAC FCU Facebook page were implemented to improve member service and convenience through technology. Our goal remains to deliver high-quality products and service at the best possible price.

Running the Credit Union takes a collective effort of a focused team of skilled professionals. Success begins with strong leadership. Your Board of Directors brings the business insight needed to drive the organization forward while the management team assists in building the vision and executes the business plan. Finally, we couldn't do any of this without our team of outstanding employees who deliver exceptional service to our members.

The past 65 years have been an amazing journey. Whatever the future holds, be assured that SAC FCU will continue to meet your needs, and we will always remember our proud heritage. On behalf of the Board of Directors, Management and Staff, we are honored and privileged to serve you.
 

Sincerely,

Gail L. DeBoer
President