Lenco offers many savings programs with some of highest rates and fewest restrictions around.
Regular Shares
The Lenco Share Account is the same as a regular, passbook type savings at other financial institutions. A five dollar (one share) deposit makes you a member (and owner) of Lenco Credit Union. The share account pays dividends monthly and is calculated on the average daily balance in the account.
Money Market
Open a Lenco Credit Union MONEY MARKET ACCOUNT and earn a high rate without all the restrictions of other money market programs. A minimum balance of $2500 must be maintained. Accounts are fully insured to $250,000 with dividends paid monthly.
Christmas Club
Open a CHRISTMAS CLUB account at Lenco Credit Union and avoid the financial crunch next December. You can either sign up for a payroll deduction or make deposits on your own. Either way, your account earns a competitive dividend rate.
Certificates of Deposit
Lenco offers many savings opportunities with few restrictions and some of the highest rates around! We will beat any advertised CD rate in Lenawee County. Just bring us a regular printed advertisement from another financial institution, and we’ll match their APY…guaranteed!
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Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.
Equal Housing Lender