About Lanco Federal Credit Union
The mission of Lanco Federal Credit Union is to help members achieve their life goals by promoting financial health and providing affordable access to credit.
Who Can Join
If you have ties to Lancaster, you’re likely eligible for membership! You can join Lanco FCU if you or someone in your immediate family or household lives, works, worships, or attends school in Lancaster County, PA. In addition, business or organizations based in Lancaster County are also eligible for membership.
Who We Are
Lanco FCU is a not-for-profit financial institution owned by our members—and with over 10,000 members, you’re likely to have friends, family, co-workers, and neighbors who are already member-owners. Because we’re in business to benefit our members (not shareholders), we return excess earnings to our members through benefits including competitive rates on deposits and loans, free rewards programs, free convenience services, low fees, and so much more.
Lanco FCU was formed in February 1965, when a group of teachers chartered the Lanco School Employees Federal Credit Union to serve the financial needs of school district employees throughout the county. In 2001, Lanco FCU adopted a community charter, which expanded membership to all individuals and businesses within Lancaster County, PA.
With a strong focus on providing excellent member service, Lanco FCU currently offers branches in Lancaster, Brownstown, Mount Joy, and Willow Street. Additionally, Lanco FCU operates a student-run branch within Conestoga Valley High School. With free online and mobile services and participation in the Co-op Shared Branching network, Lanco FCU members can enjoy the personal service and benefits of banking locally, while having convenient and secure access to their accounts whether they’re at home, running errands, or travelling the world.
When you’re a member at Lanco FCU, you can be assured that the decisions are being made locally, by people who understand the needs of the community–because they’re a part of it!
Stacey Hankey, President/CEO
Stacey Hankey has been employed with Lanco FCU since 2004, serving as President/CEO since 2012. Stacey is originally from Vermont, and she began her career at a one-room credit union in the basement of a hospital in Keene, NH. She quickly fell in love with the credit union philosophy of People Helping People. When Stacey moved to Lancaster County, PA in 2003, she sought membership in a local credit union, joining Lanco FCU. Stacey has a BS in Business Administration from Albright College and a Master’s in Business Administration from Lebanon Valley College. When asked what she loves most about her job, Stacey says it’s the relationships she’s formed with members over the years and seeing members achieve the goals they’ve set for themselves.
Denise Williams, CFO
Denise Williams was eligible for membership at Lanco FCU as a result of her father teaching at Manheim Township School District. A life-long resident of Lancaster County, Denise become a Lanco FCU member in 1977 and began her career at Lanco FCU as a part-time teller in 1988. Denise has been serving as Chief Financial Officer since 2012. She has a BS in Business Administration from Albright College. Denise has been part of the many milestones of Lanco FCU’s history and looks forward to the future of this truly exceptional credit union.
Volunteer Board of Directors
The Board of Directors is comprised of Lanco FCU members and is responsible for overseeing the direction of the credit union to ensure that the long-term interests of members are being served and that all Federal Regulations are being met.
The Board of Directors is comprised of the following members:
- H. Scott Gillespie, Chair
- Robert L Steinruck, Vice Chair
- Joyce Rebman, Secretary
- Denise Williams, Treasurer
- Dr. Freeman Chakara, Director
- Philip Harnish, Director
- David Nace, Director
- Phyllis Peters, Director
- Dr. Karan Miller, Associate Director
- Donald Raymond, Associate Director
Volunteer Supervisory Committee
The Supervisory Committee is comprised of Lanco FCU members and is responsible for ensuring that the credit union is operating in a safe and judicious manner, and in the best interest of the membership. Committee members review the operations of the credit union and conduct audits to see that the credit union complies with federal rules and regulations and the policies set forth by Lanco FCU’s Board of Directors.
The Supervisory Committee is comprised of the following members:
- Phyllis Peters, Committee Chair
- Patrick McCaskey, Secretary
- Wayne Silcox, Volunteer
- Dr. John Smith, Volunteer
- Jan VanDeusen, Associate Volunteer
Annual Meetings & Reports
Each year in March, Lanco FCU holds an Annual Meeting which all members are invited to attend. The Board of Directors leads this meeting to discuss the previous year’s business and to conduct elections to fill vacant seats on the Board of Directors. Members may also use the Annual Meeting as an opportunity to speak with the credit union’s leadership to address any questions or concerns they may have about the business of the credit union.