Member Eligibility
At Lesco, we believe that everyone deserves a place to call their financial home. Becoming a member is easy and welcoming, designed for individuals who share our commitment to community and support. To join us at our branch located at 2613 Ligonier St Latrobe Pa 15650, you simply need to meet a few friendly eligibility criteria. Whether you're a resident of the local area, work nearby, or are part of certain organizations, there's a good chance you can become part of our family. We want to ensure that all members feel valued and included, so check out the detailed eligibility requirements on our website. Once you know you qualify, opening your account is just as straightforward! Our team is here to guide you through every step of the process, ensuring it feels personal and stress-free. If you have any questions or need assistance, don't hesitate to reach out to us at (724) 539-9744 during our operating hours from 8:15 a.m. to 5:00 p.m., Monday through Friday. We can't wait for you to join Lesco and start enjoying all the benefits of membership!
Financial Strength
At Lesco, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are committed to maintaining a solid financial foundation that supports your needs today and in the future. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $18,183,403, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 16.91% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $13,273,614 in share certificates, 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. With $18,155,963 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to supporting your financial goals is reflected in our lending capacity; with $818 in used auto loans and $25,014,896 in total loans and leases, we help you achieve your dreams across various sectors. Our operational efficiency is evident with a reported net income of $406,493, which allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 9 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $0. Total Share Accounts: 14,388, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Lesco is your trusted partner. Visit us at 2613 Ligonier St Latrobe Pa 15650 or call (724) 539-9744 to learn more about how we can help you achieve your financial goals.
