LANCO Federal Credit Union


Overview / Commentary
888-318-4222
349 W Roseville Rd
Lancaster, PA 17601

LANCO Federal Credit Union is headquartered in Lancaster and is the 68th largest credit union in the state of Pennsylvania. It is also the 1,627th largest credit union in the nation. It was established in 1965 and as of June of 2023, it had grown to 33 employees and 10,348 members at 3 locations. LANCO Federal Credit Union has a B health rating.

Field of Membership Restrictions

LANCO Federal Credit Union membership is open to those who live, work, worship, or attend school in Lancaster County, Pennsylvania.
See current membership details

Reviews (1)

Good Credit Union With One Flaw

Posted by: |

i opened my account recently and i am pretty happy with lanco. i received awesome customer service on issues like fixing the name on my credit card. the only issue i dislike about this credit union is it is so small that the union uses a service called EZcardinfo to keep the credit card accounts up to date much like the lanco app keeps your bank info up to date. i don't remember being told about this but i looked into it and this service seems to have quite a few issues. i am canceling my card and going through a bank for a credit card. if not for that issue, i would give this credit union 5 stars.



Health

Health Grade Components

Overall
NCUA #16657
Year Chartered1965
Employees33
Primary Regulator
Profit Margin
Return on Assets - YTD1.09%
Return on Equity - YTD14.41%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$125.9MM$131.2MM
LoansQ2 2023vs Q2 2022$89.6MM$78.0MM
DepositsQ2 2023vs Q2 2022$115.7MM$121.6MM
Equity CapitalQ2 2023vs Q2 2022$9.6MM$9.0MM
Loan Loss AllowanceQ2 2023vs Q2 2022$0$181.00K
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$398.00K$593.00K
Real Estate OwnedQ2 2023vs Q2 2022$0$0
Rates

Rates for LANCO Federal Credit Union are currently being reviewed.

Locations


LANCO Federal Credit Union Locations
Branch Office4213 Oregon PikeEphrata, PA 17522
Branch Office349 W Roseville RdLancaster, PA 17601
Branch Office2516 Willow Street Pike NWillow Street, PA 17584-9585

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