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Nelnet, Inc., is a United States–based exploitative [3] conglomerate that primary focused on financial services including student and consumer loan origination and servicing. Additionally, the company operates an investing arm, an internet bank and owns Allo Fiber, a cable and internet provider. The company is headquartered in Lincoln, Nebraska.
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In October 2017, Great Lakes Higher Education Corporation reached an agreement to sell off 100% of the stock of its subsidiary, the Great Lakes Educational Loan Services, Inc. to Nelnet. [8] The company was to be sold for $150 million, initially keeping CEO Jeff Crosby in charge, but with a plan of consolidating the companies together. [9]
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The bank was purchased by the Dunlap family of Nebraska, its current owners, in 1965. As of December 31, 2007, Union Bank had over $1.65 billion in bank assets, [ 2 ] over $9.25 billion in Trust assets under management , 15 branches in Lincoln, another 15 throughout Nebraska, and two in Kansas .
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In August 2013, according to Inc. Magazine, Hudl was the 149th fastest growing private company in the United States, and the fastest-growing private company in Nebraska. [2] Hudl was the fastest growing private company in Nebraska again in 2014. [3]