Many of you may have heard that Congress is currently considering critical new infrastructure spending. In order to pay for this proposal, Congress is looking at unconventional sources of revenue. One proposal under consideration would require credit unions and other financial institutions to report to the Internal Revenue Service (IRS) how much money has gone into and out of accounts holding more than $600.
In addition to representing a significant new compliance burden for you, this proposal would put credit unions and banks in the position of perpetrating an unprecedented invasion of privacy. Please go to the grassroot action center and let congress know that we don't want this overreach and invasion of privacy to happen.
In addition to representing a significant new compliance burden for you, this proposal would put credit unions and banks in the position of perpetrating an unprecedented invasion of privacy. Please go to the grassroot action center and let congress know that we don't want this overreach and invasion of privacy to happen.
Services
Lennox Employees Credit Union mission shall be to offer financial services to Lennox Employees, their families, and Select Employee Groups and their families who are credit union members. We will accomplish this by offering on a financially sound, perpetual basis, affordable borrowing and savings opportunities, striving to offer the lowest possible rates on loans and the best possible returns on savings.
Lennox Employees Credit Union is a financial cooperative located in Marshalltown, IA. Chartered in 1948 to serve employees of the Lennox Furnace Company, the credit union has expanded membership to all employees and family members of Lennox Industries, Inc. and a variety of Select Employee Groups. The Credit Union is owned by YOU, our members, not by an unknown group of investors.
We know how important it is to save for your retirement or your child's education. If you payroll deduct just a small amount each pay period, you can create a substantial nest egg or fund for your child's higher education. Earnings may be tax free if the account is open for 5 tax years & withdrawn for a qualified reason.
When the account is opened, the member receives a special Lennox Employees Credit Union Savings Bank. Many times throughout the year, Kirby sends letters informing you of coloring contests, decorating contests, and other activities. We make it fun for our youngest members to have an account with us and learn the habit of life long savings.
We know how important it is to establish the habit of smart saving and spending early in life. When the account is opened, the member receives a "Save and Spend Smart" guide to help you with your saving needs. Many times throughout the year, we'll send a newsletter that will give you tips on how to save for specific upcoming life events.
Reviews (7)
Denise Greenlee
Feb 05, 2022
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Lennox Credit Union is the most unprofessional ran CU and I am turning them into the National Credit Union Association for how they cost my 85 yr old elderly mother loss of money to move her to assisted living when the POA resigned, they allowed him to still spend her money and left my mother penniless and treated the legal POA like she had no rights and they refused access to mother’s accounts and still are rude to POA almost 60 days later. I also will be attending a member board meeting with all the evidence of what the current staff has done to our elderly mother who has been a member for
Alexander Craig
Nov 26, 2021
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A friend told me to call. I was highly requested to call and ask for Megan for a personal loan. From the second my wife and I walked in the door, everyone was extremely helpful and professional.
I not only am getting a personal loan at an incredibly low rate, I am switching over my banking here exclusively in the coming months. Thank you Megan and Shay. You guys were awesome!
I not only am getting a personal loan at an incredibly low rate, I am switching over my banking here exclusively in the coming months. Thank you Megan and Shay. You guys were awesome!
Todd Halverson
Mar 29, 2021
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Shelbz
Dec 12, 2019
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Matt Thompson
Dec 23, 2018
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Vernessa Livers
Dec 24, 2017
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Several attempts have been requested for fax documents from this Bank by our bank the unprofessionalism of sending out a fax in a timely manner is inexcusable. There have been numerous of phone calls from my bank to this Bank requesting our
funds wired transferred the excuses and delays we are receiving will be reported to the Better Business Bureau. We are extremely disappointed with this Bank and will never do business with them ever again. Again today our bank has NOT received the requested
fax documents. As a consumer I am very concerned and wondering are they hiding information.
funds wired transferred the excuses and delays we are receiving will be reported to the Better Business Bureau. We are extremely disappointed with this Bank and will never do business with them ever again. Again today our bank has NOT received the requested
fax documents. As a consumer I am very concerned and wondering are they hiding information.
Jeni C.
Dec 12, 2016
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