Electrical Workers #22 Federal Credit Union was established on January 5, 1956, and has operated as a member-owned, non-profit financial institution serving electrical workers and their families. The credit union is based in Omaha, Nebraska, and operates under the philosophy that members with a common bond—employment in Local #22 or family relationship to members—can pool resources to provide affordable financial services to one another.
The credit union offers a full suite of consumer financial services including multiple checking account options, savings accounts, auto loans (including 84-month financing), and online banking with mobile deposit capabilities. Members have access to secure digital banking platforms, loan products, and savings vehicles designed to help them manage their finances and build emergency reserves. The organization maintains traditional office hours (Monday–Friday, 9 AM–5 PM, with extended hours the first Thursday of each month until 7 PM) and provides phone support at (402) 331-3121.
What distinguishes this credit union is its explicit member-ownership model where each member has one vote in annual officer elections, and all net earnings are returned to members as dividends rather than going to external shareholders. The organization emphasizes transparency by posting detailed financial statements monthly in the office. Leadership includes President Lisa M. Vance (NMLS ID: 710517), and the institution is federally chartered and NCUA-insured.
As a small, localized credit union, this institution serves a specific member base with limited geographic reach and membership eligibility restricted to Local #22 electrical workers and their families. While this creates strong community focus, it also means the product offerings and rate claims to verify are tailored to a niche membership rather than the general public. Prospective members must qualify for membership through the defined common bond.