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7148 Towne Center Pkwy
Papillion, NE 68046

SAC Federal Credit Union is headquartered in Papillion and is the largest credit union in the state of Nebraska. It is also the 319st largest credit union in the nation. It was established in 1946 and as of March of 2014, it had grown to 195 employees and 79,762 members. SAC Federal Credit Union's savings rates are 44% higher than the national average, and it has a A health rating.

Field of Membership Restrictions

Membership in SAC FCU is available to anyone who lives, works, attends school, or worships in Douglas, Sarpy and Cass Counties, NE, and Pottawattamie County, IA. Businesses and other entities qualify if they are located within any of the four counties. - See Details

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Reviews (2)

Employees There Are Horable!

Home wreckers, spouse cheating on, and the management is worthless. Be cautious! Some of the FSO's there can't control their own financial you want them to "try" with yours???

Reward Checking Account Changes As Of Apr 1, 2012

It's not yet on SAC's web site but per an email from them changes are a coming to their reward checking account:


mportant Notice: These Changes will be effective April 1st, 2012

Balance Changes:

SAC FCU's High Yield Checking rate of 3.01% Annual Percentage Yield will be paid on balances up to $15,000 (Currently up to $25,000).  Rate is 0.15% APY on balances over $15,000.  0.10% APY applies to all balances if qualifications are not met.

Qualifications Changes Effective April 1st, 2012:

 - High Yield Checking Accounts opened on or after April 1st, 2012 will require a direct deposit to the account to qualify for the 3.01% APY Interest Rate.  Accounts opened prior to April 1, 2012 do not require direct deposit.
 - Make 12 Debit Card Transactions with net debit card transactions totaling a minimum of $120 per month.  Currently there is not a dollar limit requirement on total debit transactions.  This will apply to both existing and new accounts.
 - Enroll and Receive Electronic Statements (No Change).


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 SAC Federal Credit Union had $3.22 million in non-current loans and owned real-estate with $63.67 million in equity and loan loss allowances on hand to cover it. This gives SAC Federal Credit Union a Texas Ratio of 5.05% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for SAC Federal Credit Union experienced no significant changes from 5.07% as of March 31, 2013 to 5.05% as of March 31, 2014, resulting in a positive change of 0.37%.This indicates that the balance sheet and financial strength for SAC Federal Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, SAC Federal Credit Union has increased its total deposits by $31.9 million, resulting in 5.89% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth SAC Federal Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. SAC Federal Credit Union has $705.32 million in assets with $63.67 million in equity, resulting in a capitalization level of 9.03%, which is average.

Institution Statistics

NCUA #5400
Year Chartered1946
Primary Regulator
Assets and Liabilities
Assets$705.32 million
Loans$619.65 million
Deposits$573.64 million
Equity Capital$59.04 million
Loan Loss Allowance$4.63 million
Unbacked Noncurrent Loans$3.22 million
Real Estate Owned$0
Historic Data - March 2013
Assets$658.88 million
Equity Capital$54.17 million
Loan Loss Allowance$3.81 million
Unbacked Noncurrent Loans$3.22 million
Real Estate Owned$65,000
Profit Margin - Quarterly
Net Interest Margin0.93%
Return on Assets0.62%
Return on Equity7.4%
Interest Income$6.59 million

Always verify rates and promotions with the bank or credit union. We are not SAC Federal Credit Union, we are a rate comparison website and can not provide official rates or promotions.

SAC Federal Credit Union Savings Account Rates

0.75%--Holiday Club
0.75%--Vacation Club
0.10%--Share Savings

SAC Federal Credit Union Money Market Rates

0.50%$10k-Share IRA Money Market
0.50%$10k-Share Roth IRA Money Market
0.30%$50k-Share Draft Money Market

SAC Federal Credit Union Checking Account Rates

5.01%-$1kSaver's Advantage Checking - Qualifying
3.01%-$10kHigh Yield Checking - Qualifying
0.10%--Saver's Advantage Checking - Non Qualifying
0.05%--High Yield Checking - Non Qualifying
0.05%$300-Prestige Checking

SAC Federal Credit Union CD Rates

1.61%$1k-60 Month Term Certificate
0.90%$25k-24 Month Term Certificate
0.80%$25k-18 Month Term Certificate
0.70%$25k-12 Month Term Certificate
0.50%$25k-6 Month Term Certificate

SAC Federal Credit Union IRA Rates

0.80%$25k-18 Month IRA Term Share

SAC Federal Credit Union has 21 locations. Click to view all SAC Federal Credit Union locations.