Laneco Federal Credit Union

  • +1

A short history of Laneco FCU

Since its inception in 1958 the Laneco Federal Credit Union has been serving its members in the EUGENE, Oregon area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Loreen Ervin, the Laneco FCU has grown its membership to over 1,951 with assets of more than $16,943,651. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (541) 683-5665 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in EUGENE, OR.

General Information For Laneco FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 12590
Address P O BOX 866 
State Oregon 
Zip-Code 97440
Phone Number (541) 683-5665
Fax Number (541) 683-7126
Email Address:
CEO/President Loreen Ervin
Members 1,951 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 16,943,651 

Compare Laneco Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Eweb Employees CU ROC 4200 Roosevelt Blvd 97401 (541) 685-7647 No 0.22
Selco Community CU Salem 3833 Commercial St SE 97475 (503) 315-4300 No 0.30
Pacific Cascade CU Springfield 1190 Mohawk Blvd 97477 (541) 726-8675 No 0.39
Food Industries CU Main Office 3030 Gateway Loop 97475 (541) 741-2605 No 2.65
Oregon Community CU Mohawk Branch 1981 Mohawk Blvd 97477 (541) 687-2347 No 2.71

Laneco Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Laneco Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.90 2.49 2.49 N/A 5.80
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 83 51 N/A 322
Rank Among All Oregon Credit Unions 19 7 5 N/A 34

Laneco Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.05 N/A 0.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 142 N/A 266
Rank Among All Oregon Credit Unions N/A 12 19 N/A 23
Laneco Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.900539416,564
All Other Unsecured Loans/Lines of Credit 12.90011231,773
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.4901262,440,296
Used Vehicle Loans 2.4902101,562,100
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 5.80016371,626
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.000881,682,183
TOTAL LOANS & LEASES 1,0916,504,542

Laneco Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 0000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 16371,626149,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 16371,626149,000


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Laneco Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes