L & N Credit Union Somerset KY | Best Auto Loans & Checking Accounts

Introduction

Welcome to L & N Credit Union, your trusted financial partner in Somerset, KY! Established in 1954, we have proudly served our community for nearly seven decades. With a commitment to providing exceptional service and fostering strong relationships, we currently boast a vibrant membership of 115,921 individuals who rely on us for their financial needs. Located at 2599 S Highway 27, Somerset, KY 42501, our branch is more than just a place to bank; it's a hub where members can access a wide range of services tailored to support their financial goals. Our total assets stand at an impressive $2,227,103,822, reflecting our robust position in the community. We are dedicated to helping you achieve your dreams through various offerings like personal banking accounts, auto loans, mortgage refinancing, and business banking solutions. Our leadership team is here to guide you every step of the way. Under the guidance of our CEO, Christopher Brown, and Board President, Gary Lord, we strive to create an environment that prioritizes your financial well-being. With a total of 297 employees ready to assist you, we pride ourselves on being accessible and responsive. While members can visit us at our physical location for friendly service and support, any official correspondence should be sent to the same address: 2599 S HIGHWAY 27, SOMERSET, KY 42501. Whether you're looking to open a new account or explore loan options totaling over 30,880, L & N Credit Union is here to help with personalized service and competitive rates. Our commitment to transparency and trust ensures that your financial journey with us is smooth and fulfilling. Don't hesitate to reach out! Call us today at 502-368-5858 or visit our website at lnfcu.com for more information about how we can serve you better. Your financial success starts here!

Branch History & Mission

Community Commitment

We don't just focus on banking; we actively participate in community outreach efforts that uplift those around us. By partnering with local organizations and supporting various initiatives, we aim to create a positive impact beyond our walls. Our dedicated team works tirelessly to forge connections that help strengthen Somerset as a whole. As you consider joining L & N, remember that you are not just becoming a member of a credit union; you're becoming part of a family that values trust, respect, and care for one another.

Join Us

We invite you to experience the benefits of being part of L & N. Visit us during our operating hours Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 12 PM or give us a call at 502-368-5858. Let's work together toward your financial goals!

Our Journey

L & N started its journey with a handful of members who shared a vision for better financial opportunities. Over the decades, we have expanded significantly, now proudly serving over 115,921 members. Our commitment to providing accessible financial services has led to substantial growth, with total assets reaching an impressive $2,227,103,822. From humble beginnings, we've evolved into a trusted partner for personal banking, auto loans, mortgages, and business banking services. Located at 2599 S Highway 27, our branch is easily accessible and surrounded by local landmarks that many residents know well. Whether you're visiting us in person or connecting with us online through our website lnfcu.com, we strive to make every interaction meaningful.

Our Mission

At L & N, our mission is straightforward yet impactful: to offer personalized financial solutions while fostering strong community ties. We believe that when our members thrive, the entire community flourishes. This guiding principle shapes everything we do from offering competitive rates on loans to providing financial education resources. We are committed to ensuring everyone can access our services comfortably. That's why we provide ADA-compliant facilities and digital advancements like mobile banking and online account management. Additionally, our drive-thru service allows for quick transactions while maintaining convenience for those on the go.

Branch Location & Accessibility

Welcome to the L & N branch located at 2599 S Highway 27 in beautiful Somerset, Kentucky! Nestled in Pulaski County, our branch is conveniently situated near local landmarks that make it easy for you to stop by. Whether you're heading to the nearby shopping centers or enjoying a day out, you can easily make us a part of your routine. At L & N, we believe in making banking as accessible as possible. Our branch features ample parking and is designed with accessibility in mind, including ADA-compliant entrances and ramps to ensure everyone can visit us comfortably. Our operating hours are tailored to fit your busy life: we're open Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to noon. Need assistance outside of these hours? Don't hesitate to call us at 502-368-5858! For those who prefer quick transactions, we offer both ATM access and drive-thru services. Our ATMs are available for cash withdrawals and balance checks anytime you need them. With drive-thru banking, you can manage simple transactions without leaving your car perfect for those on the go! If you require official correspondence, please note that while members can visit us at our branch location, official mail should be directed to our mailing address: 2599 S HIGHWAY 27, SOMERSET, KY 42501. We invite you to explore all the personal and business banking services we offer from checking and savings accounts to auto loans and mortgage options. Come visit us today at L & N; we're excited to help you with all your financial needs!

Member Eligibility

Becoming a member of L & N is like joining a family that truly cares about your financial well-being. Located at 2599 S Highway 27 Somerset Ky 42501, we warmly welcome anyone who lives, works, or worships in our community. Our eligibility criteria are designed to be inclusive, allowing you to join us easily and enjoy the benefits of membership. Whether you're looking for personal banking services, loans, or just a friendly place to manage your finances, we have something for everyone. To find out more about what it takes to become a member, please visit our detailed eligibility page at . If you're ready to take the next step, opening an account is simple! You can get started by visiting https://lnfcu.symapp.jhahosted.com/ , or feel free to give us a call at (502) 368-5858 if you have any questions. We can't wait to welcome you into our community!

Business Banking & Commercial Services

Merchant Services That Make Sense

In addition to loans, we offer merchant services designed to simplify transactions and enhance cash flow. Picture this: a retail store in Somerset efficiently processing customer payments with ease, thanks to our reliable payment solutions. This not only speeds up sales but also improves customer satisfaction.

Supporting Our Community

We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. With an outstanding commercial loan portfolio of $690,527,807, we continue to drive economic growth by financing new and expanding businesses. At L & N, located at 2599 S Highway 27 Somerset Ky 42501, we're here to help you navigate your financial journey. Contact us today at (502) 368-5858 to learn more about how our business banking and commercial services can benefit you!

Tailored Loan Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $316 in commercial loans for our members, helping businesses scale and succeed. Imagine a local café that dreams of expanding its seating area or a tech startup looking to invest in new equipment. With our tailored loan solutions, we empower businesses to turn their visions into reality.

Comprehensive List Of Services

Accessibility at Your Fingertips

We also offer basic drive-thru banking for quick transactions like deposits and withdrawals without leaving your car. With our commitment to accessibility, we ensure that banking with us is as hassle-free as possible.

Business Banking Support

For business owners, we understand that managing finances can be challenging. That's why we offer business banking services that include merchant services and business loans designed to help you thrive. We know that every business is unique, which is why our team is here to work with you to find the right financial products for your needs.

Call Us Today!

Ready to take advantage of all these services? If you have questions or want to learn more about how we can assist you with your financial journey, feel free to give us a call at (502) 368-5858. Our team at L & N is here to help! Visit us today at 2599 S Highway 27 Somerset Ky 42501 in Somerset, KY we look forward to serving you!

Convenient Digital Banking

In today's fast-paced world, convenience is key. That's why at Somerset, we provide robust online and mobile banking options. You can check your balances, transfer funds, and pay bills from the comfort of your home or on-the-go. Our ATM services allow for easy cash withdrawals and balance checks whenever you need them.

Personal Banking Solutions

Our personal banking services are tailored for individuals looking to simplify their financial lives. Whether you're interested in checking and savings accounts that help you save for the future, or need auto loans and vehicle financing options that fit your budget, we've got you covered. For those planning to purchase a home, our mortgage loans and refinancing options make the process straightforward and manageable. If you're facing unexpected expenses or simply want to consolidate your debt, our personal loans provide flexible solutions. Plus, with our credit cards that offer rewards, you can earn points while making everyday purchases.

Digital & Online Banking

Key Features

We take pride in offering features that enhance your banking experience. For instance, you can sign documents electronically with our electronic signature authorization no more printing or mailing forms! Plus, e-statements are available, so you can go green while keeping track of your finances effortlessly. If you're on the go, our mobile application allows you to manage your accounts right from your smartphone. It also supports mobile payments, making it simple to pay for everyday purchases without fumbling for cash or cards. Need to split a bill? Our person-to-person transfer feature lets you send money quickly and easily to friends and family.

Security You Can Trust

Your security is our top priority. We implement advanced security measures to keep your information safe while you enjoy the flexibility of online banking. You can bank with confidence knowing that we are committed to protecting your financial data. Experience the freedom of real-time account management with L & N's digital banking solutions. Whether you're at home or on the move, managing your finances has never been easier! Visit us today at https://www.lnfcu.com/ and discover how we can support your banking needs conveniently and securely.

Financial Strength

Growing Trust

With a total of 248,774 share and deposit accounts, it's clear that more members trust us with their finances each day. Our net shares (funds available for lending and investments) stand at $3,803,229, showcasing our dedication to providing the best possible service to our community. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, L & N is your trusted partner. Visit us at 2599 S Highway 27 Somerset Ky 42501 or call (502) 368-5858 to learn more about how we can help you achieve your financial goals.

Investing in Our Members

With $223,037,473 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals with $5,286 in used auto loans and $1,730,523,927 in total loans and leases.

Member-Centric Approach

Members' savings are secured through $555,949,600 in share certificates and $451,008,631 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 290 full-time employees and 7 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Foundation

With a net worth of $236,608,614, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,062 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $71,339,732 in used vehicle loans and $22,953,144 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates tailored to fit your budget.

Business Financing

If you're a business owner seeking growth opportunities, our outstanding commercial loans totaling $690,527,807 provide the capital needed to expand your operations or invest in new projects. We understand the unique challenges that businesses face and are committed to supporting your journey. At L & N in Somerset, KY (2599 S Highway 27), we prioritize understanding your financial needs and providing solutions that work for you. If you're interested in refinancing or exploring eligibility options for any of our loan products, feel free to reach out at 502-368-5858. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. We're here to assist you with all your banking needs!

Credit Lines

For those who need extra flexibility in managing expenses or emergencies, we provide credit lines totaling $713,172,854. This service allows you to access funds when you need them without the hassle of applying for a separate loan.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $134,306,528, make buying or refinancing simple. Whether you're a first-time homebuyer or looking to refinance an existing mortgage, our dedicated team is here to guide you every step of the way.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $12,815,358 in loans helping members manage their finances effectively. These cards come with various benefits and rewards programs designed to suit your lifestyle.

Loan Aggregator

Accurate Loan Comparisons

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Benefits of Using LendMesh

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L & N FEDERAL CREDIT UNION