LENCO Credit Union Profile

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LENCO

Charter #60991 | NCUA Region 1 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (517) 263-0851

Fax: (517) 263-1609

Founding Date: N/A

Website: http://www.lenco.org

Personnel & Operations

President: Ewing, Sam

Manager: Neal, Ben

FT Employees: 18

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: 9-5 Monday thru Thursday 9-6 Friday 9-Noo

Credit Union Profile Summary

LENCO is a FISCU Credit Union. With a total of 7,563 members [1], this institution manages approximately $136,831,848 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 11.57% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 4.16% [1].

Financial Snapshot

Total Assets [1]
$136,831,848

Total economic resources.

Total Loans [1]
$78,596,247

Total value of outstanding loans.

Total Deposits [1]
$119,712,346

Total funds deposited by members.

Members [1]
7,563

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.57%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.31%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
65.65%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 7.08%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↑ 4.16%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -0.50%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

615 W Maple Ave

Adrian, MI, 49221-1630
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 2 branches reported by LENCO (Charter #60991).

Main Office

Lenco CU Main Address Main Office

Type: Corporate Office

615 W Maple Ave

Adrian, MI 49221-1630

Phone: (517) 263-0851

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Adrian

Lenco CU Branch

Type: Branch Office

1455 E US Highway 223

Adrian, MI 49221-4382

Phone: (517) 263-0851

Services: Member Services, ATM, Drive-Thru

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