Holiday Loan Special
Unwrap Your Member Discounts
As we head toward the holidays, you may be wondering how you’ll fit the extra expenses into your monthly budget. Or perhaps you’re even thinking ahead to get a jump-start on next year’s financial goals. No matter what you’re planning, a Lanco FCU holiday loan may be able to help!
A personal loan from Lanco FCU can help you…
- spread holiday purchases into manageable payments
- pay off high-interest credit cards
- obtain funds for nearly any other purpose
And during Lanco FCU’s holiday loan special, members can enjoy rates up to 0.50% off for personal loans with terms of 12-24 months!*
Limited Time Only: Receive a discount of up to 0.50% APR Off*
It’s in our mission to provide affordable financing, so you can always count on Lanco FCU for excellent rates and terms whenever you need to borrow. With a fixed, low rate and terms up to 24 months, you can use a Holiday Loan from Lanco FCU to finance a large purchase or consolidate other debts into one monthly payment. Plus, enjoy 45 days until your first payment.
Current Personal Loan Rates
|Credit Score||Personal Loan APR||Holiday Loan Discounted Rate*|
|700 – 749||8.99%||8.49%|
|660 – 699||10.99%||10.49%|
|620 – 659||14.99%||14.49%|
Maximum loan amount varies between $500 and $20,000 based on borrower qualifications. Payment example: A loan at 7.49% APR would require 24 monthly payments of $45.00 per $1,000 borrowed.
Holiday Loan Offer Qualifications
Now through December 30, get an excellent rate on your next personal loan by unwrapping these member discounts!* Terms of up to 24 months are available, with maximum loan amounts determined based on borrower qualifications.
0.25% Off your APR when you have an active Lanco FCU debit card*
A debit card must exist on your account at the time of application, and have been used for at least one purchase within the prior 30 days.
0.25% Off your APR when you set up automatic loan payments*
Automatic loan payments must be set up at the time of your loan closing to receive this discount.
Have questions? Email email@example.com or call us at (717) 569‑7180 or (888) 318‑4222 to speak with a lender.
Holiday Loan FAQs
What is a holiday loan?
A holiday loan can provide you with an affordable way to cover increased expenses associated with holiday gifts, travel, or other end-of-year costs. Holiday loans typically feature a shorter term than other personal loans so that you can repay them before the next holiday season.
What are the benefits of a holiday loan?
Lanco FCU’s holiday loan features low, fixed rates and convenient repayment methods. This can be a less expensive option than choosing to finance purchases on a credit card, where the APR may be higher and missed payments may carry higher penalties. Plus, when you decide to take a holiday loan, you will receive the full loan amount at one time so you’ll know the total amount of money you have available. This can help you plan and stick to your budget, and avoid the the temptation to overspend with your credit card.
Do I need to be a member of Lanco Federal Credit Union to get a loan?
Membership is not required to apply
You do not need to be a member of Lanco FCU to apply for a loan from the credit union. However, you do need to meet the credit union’s eligibility requirements.
You are eligible to join Lanco Federal Credit Union if you live, work, worship, or attend school in Lancaster County, PA.
Additionally, if your immediate family or household member is eligible for membership, their eligibility may extend to you.
Membership is required to take a loan
If your loan application is approved and you want to accept the offer, you will need to become a Lanco FCU member to open the loan. Additionally, when you become a member, your whole family may be eligible to join and enjoy our member benefits.
How much does it cost to join the credit union?
There is no cost to apply for membership or join Lanco Federal Credit Union. The only requirement to maintain membership is that you keep a minimum deposit of $5.00 in your share savings account. This deposit is not a fee—it is the portion of your balance that shows your ownership in the credit union.
Can I learn more before applying?
Use our loan calculators to estimate your payments
We understand that you may want to see the how the numbers work out before you submit an application, which is why we provide free and convenient loan calculators. If you have a general idea of what your current credit score is, view our current rates above and use them for possible loan estimates.
Contact us with any questions
We know that there are many factors to consider when you’re trying to decide what the next best step is for your personal finances. Our member services team is happy to help answer any questions you may have. To connect with us, please fill out our contact form, text us, or call (717) 569-7180.
Our regular business hours are Monday through Thursday 9am–5pm, Friday 9am–6pm, and Saturday 9am–12pm.
*Offer current as of 11/1/2022 and may be changed or withdrawn at any time. Member can earn a total of 0.50% off their approved APR for a personal loan of 24 months or less by meeting the following criteria: (1) 0.25% rate discount by having a Lanco FCU debit card on their account at time of loan application with at least 1 purchase made within prior 30 days; (2) 0.25% rate discount by setting up a recurring Lanco FCU automatic transfer or payment by ACH origination at the time of loan closing. Advertised APRs reflect 0.50% discount applied to current rate. Rates vary based on borrower qualifications and are subject to change. This offer cannot be combined with other promotional rates or discounts or applied to a refinance of an existing Lanco FCU loan. Payment example: A loan at 7.49% APR would require 24 monthly payments of $45.00 per $1,000 borrowed.