Woodmen Tower
1700 Farnam Street
Suite 1180
Omaha, NE  68102
Phone: 402.271.7285

 

History and Purpose

In the early 1930’s, home office employees of Woodmen of the World Life Insurance Society informally pooled their resources to help their fellow employees with their financial needs. This “cooperative” effort spread under the leadership of Morris Sheppard, then Treasurer for Woodmen of the World Life Insurance Society and a United States Senator from Texas.

On October 16, 1934, the Morris Sheppard Woodmen of the World Federal Credit Union became the 16th federally chartered credit union in the United States. In 1990, the charter was amended to include all Woodmen Tower and World Building employees and their relatives as eligible members and the name was changed to Woodmen Federal Credit Union, as it is known today.

Woodmen Federal Credit Union continues to uphold the principles with which it was founded, members helping members. The Credit Union encourages thrift by the members through various savings options, low interest rate loans, and other financial services allowed by our charter.

We are a non-profit cooperative organization, owned by and for our members.

“NOT FOR PROFIT, NOT FOR CHARITY, BUT FOR SERVICE”

 

Woodmen of the World

Woodmen of the World, With you through life.

Did you know the Federal Credit Union Act, the law that allows the establishment of all federal credit unions, has direct connections to Woodmen of the World? The original bill was written by Morris Sheppard, a United States Senator from Texas and the Treasurer for Woodmen of the World. Senator Sheppard not only wrote the bill, but he also championed it to unanimous consent in the United States Senate. Upon the signing of the Federal Credit Union Act into law by President Franklin Roosevelt in 1934, Senator Sheppard immediately chartered two federal credit unions. The very first federal charter was issued to the Morris Sheppard Texarkana Federal Credit Union in Senator Sheppard’s home town and charter #16 was issued to the Morris Sheppard W. O. W. Federal Credit Union. In 1990, the charter was amended to include all Woodmen Tower and World Building employees and their relatives and the name was changed to Woodmen Federal Credit Union as it is known today. Woodmen Federal Credit Union is proud of our history with Woodmen of the World and appreciates their sponsorship. Please visit Woodmen of the World at www.woodmen.org.


Woodmen Federal Credit Union Mission Statement

Woodmen Federal Credit Union will provide our members with professional, well-trained employees, a wide range of financial services, timely and convenient services, a fair return of savings, reasonably priced loans, a solid capital base, full information about the affairs of the Credit Union, and a Board of Directors committed to the members' best interests.

Woodmen Federal Credit Union

1700 Farnam Street, Suite 1180
Omaha, NE  68102
Telephone: (402) 271-7285    Fax: (402) 449-7752


National Credit Union Administration  Your savings federally insured to at least $100,000, and backed by the full faith and credit of the United States Government.  National Credit Union Administration, a U.S. Government Agency.  Equal Housing Lender: We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

Your savings federally insured to at least $250,000, and backed by the full faith and credit of the
United States Government.  National Credit Union Administration, a U.S. Government Agency.

The credit union is not liable for the content or availability of linked sites.

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