Limited-Time: Personal Loan Promotional Rate

Personal Loan Rates as of 10/1/2021^†

At Lanco Federal Credit Union, we offer competitive personal loan rates, with amounts up to $20,000 and terms up to 60 months^†. Our current personal loan rates are:

^†Maximum loan amount varies between $500 and $20,000 based on borrower qualifications. Payment example: A personal loan at 6.99% APR would require 12 monthly payments of $86.06 per $1,000 borrowed.

^‡Promotional APR: Personal loans of $10,000 or more feature a rate 2.00% lower than current rates, resulting in an APR of 4.99%–13.99%, based on qualifications. See promotional terms at bottom of this page for more details.

Benefits of a personal loan

A personal loan can provide you with a convenient way to borrow funds for almost any reason. Personal loans do not require collateral, so you don’t need to have assets such as savings or a vehicle to apply. The approval of a personal loan is based on your credit and ability to repay.

Other considerations

Depending on your financial position and goals, other borrowing options might be more beneficial to you or easier to get approval for than a personal loan. For example, a loan secured by your vehicle or home may provide you with the ability to borrow a higher amount with a lower rate, and longer repayment terms may be available to further lower your monthly payments. For expenses that may fluctuate over time, you may find it more convenient to open a line of credit. If you’re not sure what type of loan is best for your borrowing needs, contact us to speak with a lender.

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.

Membership eligibility:

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.

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.

• Personal Loan Calculator
• Personal Debt Consolidation Calculator

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.