Loan Products

Check out the many products we have to offer, all designed to save you money!


Home Equity Loans

A Home Equity Loan from Lenco Credit Union allows you to borrow against the equity you have established in your home. It’s an easy, affordable way to borrow the money you need for home improvements, college expenses, bill consolidation, or just about anything. Home Equity Loans are often tax deductible (see your tax advisor regarding deductibility).

Lenco Credit Union offers 2 types of Home Equity Loans; a 10 year closed-end fixed rate, and a Home Equity Line of Credit (HELOC) that is tied to the Prime Rate. Both loans have no application fees, and no annual fee. Member pays cost of a title search and an appraisal fee only if used to determine value.

First Mortgage Loans

Lenco Credit Union now offers 10, 15, 20, and 30 year Fixed Rate First Mortgages. There is no application fee and closing costs and rates are among the lowest available in Lenawee County. You can rewrite your existing First Mortgage, or get pre-approved for the purchase of a new home.

If you are interested in either a Home Equity loan or Mortgage, please contact Aarika Bates to see if you qualify

Auto Loans
Lenco credit Union is the place to be for the lowest auto rates around! We not only have great rates, but also no processing fees and a 24 hour (or less) turnaround time on all automobile loan applications. Lenco offers a LOW RATE GUARANTEE! We will match any lower advertised rate by another financial institution in Lenawee County!

Lenco Credit Union now offers a no fee VISA Platinum Card at a low 7.99% fixed rate! We also offer VISA Gold at a fixed 12.00% and VISA Classic at 15.00%. Not only does each card offer a fixed rate, but each is offered with no annual fee, no balance transfer fee, and no cash advance fee. Your VISA may be accessed by the member at any time Not only is the VISA card great for purchases but may be accessed by the member at any time by simply transferring to a checking or savings account here at Lenco. It also gives you peace of mind to know you meet the unexpected money needs that arise from time to time.

If you are interested in a consumer loan, contact Erin Oram to see if you qualify


Your Lenco VISA card may be used in all foreign countries except:

  • Brazil
  • China
  • Japan
  • Saudi Arabia
  • North Korea
  • South Korea
  • Philippines

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