Lenco Credit Union is headquartered in Adrian and is the 100th largest credit union in the state of Michigan. It is also the 1,571st largest credit union in the nation. It was established in 1970 and as of March of 2025, it had grown to 18 employees and 7,557 members at 2 locations. Lenco Credit Union has an A+ health rating.
Membership in Lenco Credit Union open to individuals who live, work, worship, attend school in the Michigan counties of Hillsdale, Jackson, Lenawee, Monroe, or Washtenaw. Immediate family, and employees of Lenco Credit Union may also join.
See current membership details
Overall | |
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NCUA # | 60991 |
Year Chartered | 1970 |
Employees | 18 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1.29% |
Return on Equity - YTD | 11.25% |
Annual Interest Income | $1.5MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $135.9MM$125.9MM |
Loans | Q1 2025vs Q1 2024 | $76MM$77MM |
Deposits | Q1 2025vs Q1 2024 | $119.1MM$111.4MM |
Equity Capital | Q1 2025vs Q1 2024 | $15.4MM$13.6MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $149K$178K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $161K$176K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for Lenco Credit Union are currently being reviewed.
Lenco Credit Union Locations | ||
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Branch Office | 1455 E US Highway 223 | Adrian, MI 49221-4382 |
Branch Office | 615 W Maple Ave | Adrian, MI 49221-1630 |