Sep, 30, 2025 — LANCO FEDERAL CREDIT UNION is a federal credit union headquartered in LANCASTER, PA with 3 branch locations and about $124.36 million in total assets. Opened 61 years ago in 1965, LANCO FEDERAL CREDIT UNION has about 9,900 members and employs 35 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LANCO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 349 W Roseville Rd LANCASTER, PA 17601 |
| Phone: | (717) 569-7180 |
| Fax: | (717) 569-2374 |
| Website: | https://www.lancofcu.com |
| Branches: | 3 branch locations |
| Members: | 9,900 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 16657 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1965 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $124,363,417 |
| CEO/Manager: | James F Gagliano |
| Chairperson: | Joyce Rebman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 13,304,969 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 53,277,595 |
| Unsecured Loans | 8,899,398 |
| Other Loans | 24,681,305 |
| TOTAL LOANS | 86,858,298 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -877,581 |
| Land And Building | 1,889,809 |
| Other Fixed Assets | 239,985 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,091,887 |
| All Other Assets | 0 |
| TOTAL ASSETS | 124,363,417 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 778,694 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 31,138,197 |
| Regular shares | 51,472,255 |
| All Other Shares & Deposits | 28,069,415 |
| TOTAL SHARES & DEPOSITS | 110,679,866 |
| TOTAL LIABILITIES | 111,458,560 |
| Regular Reserve | 0 |
| Other Reserves | -105,908 |
| Undivided Earnings | 13,010,765 |
| TOTAL EQUITY | 12,904,857 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 124,363,417 |
| INCOME & EXPENSE | |
| Loan Income | 3,745,988 |
| Investment Income | 861,713 |
| Other Income | 699,478 |
| Total Employee Compensation & Benefits | 2,145,401 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,737,455 |
| Non-operating Income & (Expense) | 25,050 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 253,572 |
| Cost of Funds | 701,632 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 739,634 |
| ↑ Back to Top | |