Lenco Credit Union Adrian MI | Affordable Auto Loans & Business Banking

Introduction

Welcome to Lenco, your trusted partner in financial success since 1970! Located at 1455 E Us Highway 223, Adrian, MI 49221, our credit union has been dedicated to serving the community with integrity and care. With a growing membership of 7,596 individuals, we take pride in being more than just a financial institution; we're a part of your journey towards achieving your dreams. At Lenco, we understand that financial decisions can be daunting. That's why we offer a range of services tailored to meet your needs from checking and savings accounts to auto loans and mortgages. Our commitment is reflected in our impressive total assets of $128,316,269 and total deposits amounting to $4,630,803, ensuring that your hard-earned money is in safe hands. We also boast a net worth of $14,459,188, highlighting our stability and reliability. Led by our CEO Ben Neal and Board President Sam Ewing, our team of 19 dedicated employees is here to assist you every step of the way. Whether you prefer visiting us in person or accessing our services online through our website, we aim to make banking easy and convenient for you. While members can visit us at our branch location, official correspondence should be sent to P O Box 338, Adrian, MI 49221-0338. With a drive-thru service and ATM available for quick transactions, we strive to provide seamless banking experiences. Join us today at Lenco where community matters! Call us at 517-263-0851 or stop by during our operating hours: Monday through Thursday from 9:00 AM to 5:00 PM, Friday from 9:00 AM to 6:00 PM, and Saturday from 9:00 AM to 12:00 PM. Let's work together towards a brighter financial future!

Branch History & Mission

At Lenco, we take pride in our rich legacy and commitment to serving the community of Adrian, MI. Founded in 1970, our branch has grown alongside its members, adapting to their needs while staying true to our mission of providing accessible and affordable financial services. Over the years, we have built a strong foundation that supports a total membership of 7,596 individuals who trust us with their financial well-being. Located at 1455 E Us Highway 223, our branch is easily accessible for those in the Lenawee County area. We invite you to visit us during our operating hours: Monday through Thursday from 9:00 AM to 5:00 PM, Friday from 9:00 AM to 6:00 PM, and Saturday from 9:00 AM to 12:00 PM. With both ATM availability and drive-thru banking options, we make it convenient for members to access their accounts whenever they need. Our mission at Lenco is straightforward but impactful. We aim to provide exceptional financial services while fostering a sense of community among our members. Our offerings include personal banking options such as checking and savings accounts, auto loans, mortgages, personal loans, credit cards with rewards, and business banking services. We also embrace modern technology with online and mobile banking solutions that ensure our members can manage their finances anytime, anywhere. While members can visit us at 1455 E Us Highway 223, official correspondence should be sent to P O Box 338, Adrian, MI 49221-0338 if needed. This attention to detail reflects our dedication not only to convenience but also to ensuring that every member feels supported. Lenco is more than just a financial institution; we are an integral part of the Adrian community. Our outreach efforts and partnerships with local organizations demonstrate our commitment to making a positive impact in the lives of those around us. Whether it's through educational workshops or community events, we strive to empower our members and neighbors alike. As we continue to grow now managing total assets of over $128 million we remain focused on what truly matters: building lasting relationships with our members. We invite you to join us on this journey and experience the benefits of being part of Lenco. Together, we can achieve your financial goals while strengthening our community ties. For more information about how we can assist you or to become a member today, please call us at 517-263-0851 or visit our website at lenco.org. Let's work together towards a brighter financial future!

Branch Location & Accessibility

Convenient Access and Amenities

At Lenco, we understand that accessibility is important to our members. Our branch features ample parking and ADA-compliant facilities, ensuring everyone can easily access our services. Plus, with our drive-thru banking option available, you can handle your banking needs without even leaving your car! If you need to reach out to us for any inquiries or assistance, don't hesitate to call at 517-263-0851. Our friendly team is always ready to help you with your banking needs.

Operating Hours Tailored for You

We strive to make banking convenient for you! Our lobby hours are designed with your schedule in mind: we're open from 9 AM to 5 PM Monday through Thursday, 9 AM to 6 PM on Fridays, and 9 AM to 12 PM on Saturdays. This flexibility ensures that you can find time to visit us whether it's during the week or on the weekend.

Services Offered

At Lenco, we offer a variety of services tailored for both personal and business needs. From checking and savings accounts to auto loans and mortgage options, we have something for everyone. You can also enjoy easy access to ATMs for cash withdrawals and balance checks whenever you need them. While members can visit us at 1455 E Us Highway 223, official correspondence should be sent to P O Box 338, Adrian, MI 49221-0338 if needed. We invite you to come by and see how we can assist you today! At Lenco, we're not just a credit union; we're part of your community. We look forward to serving you!

Member Eligibility

Joining the Lenco community means stepping into a world of support, trust, and fantastic financial services tailored just for you. At Lenco, located at 1455 E Us Highway 223 in Adrian, MI, we believe everyone deserves access to quality banking. To become a member, you simply need to meet certain eligibility criteria, which include living, working, worshiping, or attending school in Lenawee County or its surrounding areas. We welcome individuals from various backgrounds because we understand that diversity strengthens our community. For more detailed eligibility information, feel free to check out our website at lenco.org. Becoming a member is not only straightforward but also rewarding! As part of Lenco, you'll enjoy personalized banking services designed to meet your needs from checking accounts to auto loans and beyond. Ready to take the next step? Opening an account is easy; you can start the process online at [this link]( https://loans.itsme247.com/157 ?skinname=simplicity&logouturl= https://www.lenco.org#new_tab ) or give us a call at 517-263-0851 if you have any questions. Join us today and experience the difference of being part of the Lenco family!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - 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 $0, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to lending, we offer comprehensive merchant services designed to simplify transactions for your business. Imagine seamlessly processing payments from customers at your storefront or online our tools can help streamline your operations and enhance customer satisfaction. Located at 1455 E Us Highway 223 Adrian Mi 49221 in Adrian, MI, our team is ready to partner with you on your journey to success. Reach out at (517) 263-0851 to learn more about how we can support your business today!

Comprehensive List Of Services

Accessing Services When You Need Them

At Lenco, we also recognize the importance of convenience in daily transactions. Our basic drive-thru banking lets you handle deposits and withdrawals without leaving your vehicle perfect for busy days when you're on the go!

Business Banking Support

For entrepreneurs and business owners, Lenco provides robust business banking solutions, including merchant services and business loans. We aim to support local businesses in achieving their goals by offering financial products that cater specifically to their needs.

Convenient Digital Banking

In today's fast-paced world, having access to your finances anytime is essential. Our online and mobile banking services allow you to check balances, transfer funds, and pay bills from anywhere. Additionally, with our ATM services available for cash withdrawals and balance checks, managing your money has never been easier.

Get Started Today!

If you're ready to experience all these fantastic services firsthand or have questions about how we can assist you further, don't hesitate to reach out! Call us at 517-263-0851 or visit our website at Lenco for more information. Join us today at Lenco where we're committed to helping you achieve your financial dreams!

Personal Banking Solutions

Starting with personal banking, we offer various checking and savings accounts tailored to help you manage your money effectively. If you find yourself dreaming about that new car or simply need reliable transportation, our auto loans and vehicle financing options can make those dreams a reality. We provide competitive rates and flexible terms to fit your budget. If homeownership is on your mind, our mortgage loans and refinancing services will guide you through the process with ease. We know that buying a home is a significant step in life, and we're here to help you every step of the way. For those looking to consolidate debt or tackle unexpected expenses, our personal loans are available to assist with your financial goals.

Rewarding Credit Options

Don't forget about our credit cards with rewards, which offer benefits for everyday purchases. You can earn points or cash back that adds value to your spending, making it even more rewarding to shop.

Digital & Online Banking

Convenient Online Services

You can easily access your accounts 24/7 through our online banking platform at https://lenco.org/ . Check your balances, transfer funds, pay bills, and much more all from the comfort of your home or wherever you may be. Our user-friendly interface ensures that you can navigate your financial needs without any hassle.

Go Green with E-Statements

Stay organized and eco-friendly by opting for e-statements. These electronic statements are not only convenient but also help you keep track of your transactions without the clutter of paper. Sign up today to receive them directly in your inbox!

Mobile App for On-the-Go Banking

For those who prefer banking on their mobile devices, our mobile application is available for download. With this handy app, you can manage your accounts anytime and anywhere. Even though we currently do not offer mobile payments, you can still enjoy features like person-to-person transfers to send money quickly to friends or family.

Security You Can Trust

At Lenco, security is a top priority. While we do not utilize electronic signature authorization at this time, rest assured that all transactions are protected with robust security measures to keep your information safe. In summary, whether you prefer using our online banking services or our mobile application, Lenco provides accessible and reliable options for managing your finances effectively. Experience the ease of digital banking today!

Financial Strength

Growing Membership Base

Total Share and Deposit Accounts: 16,617, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $481,031. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Lenco is your trusted partner. Visit us at 1455 E Us Highway 223 Adrian Mi 49221 or call (517) 263-0851 to learn more about how we can help you achieve your financial goals.

Member Savings Secured

Members' savings are secured through $27,891,941 in share certificates and $27,807,384 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 $1,213,312 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 18 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvesting in Your Future

With $13,207,391 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to lending is clear; with $974 in used auto loans and $76,874,603 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Solid Financial Health

With a net worth of $14,459,188, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,127 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 $15,008,208 in used vehicle loans and $11,797,792 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates for both new and used vehicles, making it easier than ever to drive off in your ideal car.

Credit Lines

In addition to our standard loan products, we offer credit lines totaling $12,000,000. This option provides flexibility and access to funds as needed without the hassle of applying for a loan each time you require financial assistance. We encourage you to explore our refinancing options if you're looking to adjust your current loan arrangements or improve your financial situation further. You can find more information about eligibility requirements on our website. For more details about our loan offerings or to apply today, please reach out to us at (517) 263-0851, visit us at 1455 E Us Highway 223 Adrian MI 49221, or check out our website at lenco.org. All performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $5,813,582, make buying or refinancing simple. We offer tailored solutions to help you navigate the home-buying process while ensuring that you have access to competitive rates and favorable terms.

Unsecured Credit Card Loans

Managing day-to-day expenses can be challenging. We also offer flexible terms on unsecured credit card loans, with a total of $1,610,182 in loans helping members manage their finances effectively. These cards come with great benefits that can help simplify your spending while providing access to credit when you need it most.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, which helps them make informed decisions. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimonial highlights how effective and user-friendly the platform can be. If you're looking for a reliable way to compare loans, compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

Ensuring Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This commitment ensures that all offers presented are fair and transparent, allowing users to trust the information they receive.

LENCO CREDIT UNION