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April 2016
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A Personal Note to Our Members from CEO/President, Ben Neal:
We would like to thank the Lenco Credit Union membership for your understanding during the recent outbreak of Debit Card fraud. If you were unaware, Financial Institutions all around the nation saw a huge spike in fraud over the past weekend and we were not immune. Rest assured this was NOT due to a security breach with your credit union information, but rather it would appear to be the result of a much larger breach of a merchant's data base.

We feel it is important to be proactive and forthright with our members. We sincerely apologize for any inconvenience this may have caused. We take fraud very seriously and we took the necessary steps to reduce exposure to our member accounts and protect your money. When it matters most, we are protecting your accounts and providing you with the best security possible. So you can rest assured your money is in the right hands.

Making the Most of Your Online Banking Tools
Maximize whatís readily available to you

Online banking has completely revolutionized the way Americans do their banking, making the process simpler, faster, more convenient and more secure than ever. According to the Pew Research Center, 51…

Personal Loans Versus Credit Cards
Advantages and drawbacks of each type of lending

Personal loans and credit cards, should they be used intelligently, can be great ways to finance your wants and needs. As personal finance author Greg McFarlane writes on Investopedia.com, credit in …

Saving Versus Investing Over Time
Does one take precedence over the other?

Itís the age-old question to which everyone wants an answer: Is saving over time or investing your money more likely to make you the big bucks?

What to Know About Paying Off Your Mortgage
How to prepare when your last mortgage payment is in sight

If the end of your last mortgage payment is on the horizon and complete home ownership is in your near future, it is time to celebrate. In addition to…

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Disclaimer - All content contained in this newsletter is for informational purposes only and should not be relied upon to make any financial, accounting, tax, legal or other related decisions. Each person must consider his or her objectives, risk tolerances and level of comfort when making financial decisions and should consult a competent professional advisor prior to making any such decisions. Any opinions expressed through the content in this newsletter are the opinions of the particular author only.  




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