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April 2018

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Lenco Credit Union Current News
ATHENA Lenawee annually recognizes those in our community who are dedicated to cultivating and developing women in leadership. Lenco Credit Union is proud to announce one of our very own, Linda Arnett, Vice President, Mortgage Lending, has been awarded the Athena Leadership Award. The award is given annually to a woman who assists women in reaching their full professional leadership potential, while demonstrating excellence, creativity and initiative. “Linda is the consummate team player and wants everyone to be involved,” said Ben Neal, President CEO of Lenco Credit Union. “She encourages and counsels fellow employees and is respected by everyone with whom she works.” We, here at Lenco, along with many others who know her, agree that Linda Arnett is well deserving of this honor and very proud. Lenco would also like to congratulate Allison Ott for receiving the Young Professionals Award and Remax Main Street for receiving the Parthenon Business Leadership Award. The Athena Award Event will be held May 10, 2018 at Siena Heights University.
Lenco Credit Union Board of Directors has approved the membership with FEDERAL HOME LOAN BANK OF INDIANPOLIS (FHLBI). This membership will enable Lenco to collaborate with Habitat of Lenawee for grant funds available from FHLBI through their Community Investment Program which includes the Neighborhood Impact Program(NIP).  NIP assists existing homeowners with incomes at or below 80% of the area median income (AMI) to rehabilitate their homes.  The maximum subsidy that can be requested per household is $7,500.00.  All funding is limited to a first-come, first-served basis.
When to Pay Cash or to Finance
Determine which car buying method best fits your needs

Purchasing a vehicle is one of the largest and most important financial transactions you will make in your lifetime. One of the most significant choices to make is whether to finance a vehicle or pay for it outright with cash.

Pros and Cons of Retail Credit Cards
Are retail credit cards in your best interest?

Imagine a successful shopping trip in which you have scored amazing deals, found the perfect gift for your discerning friend and even managed to get something special for yourself. As you proceed to the checkout counter, the store associate dangles in front of you the benefits of applying for an in-store credit card. You stop cold and wonder if opening a store credit card is a smart move or a regrettable impulse buy. The answer largely depends on how you use it.

6 Most Anticipated Movies of the Summer
Get your tickets early for these summer blockbusters

Summer is synonymous with carefree days, fun in the sun and much-anticipated cinema. After soaking up some rays or trying to avoid a summer shower, escape into the cold A/C of the theater, grab a bucket of buttery popcorn and let the following much-hyped movies sweep you away.

Overnight Breakfast Recipes
A scrumptious way to start your morning

We all want a warm, savory breakfast in the morning, but most of us (particularly those of us who aren’t morning people) don’t want to wake up early or exert the effort needed to prepare such a meal. Luckily, if you plan ahead, you can prepare the dish the night before so it bakes in the slow cooker and is ready to serve come sunrise.

Published by Lenco Credit Union
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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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