2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 60991
Date Established 1970
Assets $86.13 million
Loans $62.88 million
Deposits $76.37 million
Capital $8.97 million

Lenco is an NCUA insured institution located in Adrian, MI. It was founded in 1970 and has approximately $86.13 millions in assets.

Field of Membership Restrictions

Membership is open to those who live, worship, work or attend school in Lenawee County in Michigan and to all retirees living in Lenawee, Hillsdale, Jackson, Washtenaw, and Monroe Counties.

Deposit Rates - October 16, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.50% $2,500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.10% $3,000 - Learn MoreShow Less
6 Mo CD
0.75% $3,000 - Learn MoreShow Less
12 Mo CD
1.51% $3,000 - Learn MoreShow Less
18 Mo CD
2.02% $3,000 - Learn MoreShow Less
24 Mo CD
1.76% $3,000 - Learn MoreShow Less
30 Mo CD
1.76% $3,000 - Learn MoreShow Less
36 Mo CD
2.02% $3,000 - Learn MoreShow Less
48 Mo CD
2.27% $3,000 - Learn MoreShow Less
60 Mo CD
2.68% $3,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $10 - Learn MoreShow Less

Loan Rates - October 16, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for LENCO

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
3.660% 3.625% 0.38 $1,090 $1,141 Learn More
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
3.679% 3.625% 0.25 $1,702 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.536% 3.500% 0.50 $1,130 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$0 Learn More
More Info

Note to LENCO
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Lenco branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Lenco Locations


Financial Details

Lenco Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Lenco. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Lenco U.S. Average
1.95% 5.86

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2019, Lenco had $163,157 in non-current loans and $15,445 in owned assets. To cover these potential losses it had $8,971,834 in net worth and $179,993 in loans loss reserves. That gives it a Texas Ratio of 1.95%.

Net Worth
Lenco U.S. Average
10.41% 13.65%

Lenco FCU has a net worth of 10.41% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Lenco

Branches and Savings

What is Lenco?

A federal credit union, registered with the NCUA under certificate #60991.
Learn more about credit unions here.

Is Lenco FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Lenco?

Please see Field of Membership information above for information on who is eligible to join.

What are Lenco's share account and share certificate rates?

Lenco's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Lenco?

Lenco has total capital of $8.97 million. Full information on Lenco's financial position is located above.

Who owns Lenco?

Credit Unions are owned by their members.

Where are Lenco branches located?

See branch locations nearby.

Are Lenco ATMs Open 24/7?

Do Lenco ATMs accept cash deposits?

Can Lenco customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Lenco have a mobile app?

Does Lenco have mobile deposit?

Does Lenco have quick pay?

How can Lenco transfer money to other banks or credit unions?

Does Lenco report to credit bureaus?

Does Lenco use Chexsystems?

Does Lenco use Equifax?

What is Lenco's toll free phone number?

What is Lenco's ACH Routing Number?

What is Lenco's SWIFT code?

Where can I find Lenco's wire transfer form?

What is the Lenco address for deposits?

What Products Does Lenco Offer

Does Lenco offer mortgages?

Compare mortgage rates here.

Does Lenco offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Lenco offer auto and RV loans?

Compare auto loan rates here.

Does Lenco offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Lenco

There are currently no comments for Lenco. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →