# LANCO
Lancaster, PA · NCUA charter 16657 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/lanco-16657

Who the members are: federal charter, community charter, organized 1965. 9,983 members of 500,000 potential (2.0% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 60.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $126.5M |
| Members | 9,983 (0.6% YoY) |
| Full-time staff | 33 |
| Net worth | $13.6M |
| Net worth ratio | 10.7% (p37 of band) |
| ROA (annualized) | 1.22% (p79 of band) |
| Total delinquency | 0.49% (p41 of band) |
| Net charge-offs (annualized) | 0.07% (p17 of band) |
| Loans / shares | 78% (p66 of band) |
| Cash / assets | 14.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.27% (p83 of band) |
| Operating expense / assets | 4.16% (p67 of band) |
| Vehicles % of loans | 29% (p35 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 84% |
| Third-party paper % of net worth | 159% (p80 of band) |
| Vehicle delinquency | 0.41% (p39 of band) |
| Vehicle NCO | 0.01% (p16 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 42% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 120% |
| Core shares % of member funds | 77% |
| Certificates % of member funds | 4% |
| Average share balance | $5,424 |
| Participations bought / yr | $1.4M |
| Participations sold / yr | $6.9M |
| Participations outstanding | $7.2M |
| Loans outstanding per 100 members | 60% |
| Loans granted per 100 members, annualized | 23% |
| Average loan balance | $14,434 |
| Loans granted, annualized | $34.4M |

## Participation posture (from the same filings)

Bought $1.4M and sold $6.9M in the latest annualized quarter; $7.2M outstanding purchased (53.3% of net worth), $3.1M sold and retained. Sold in 8 and bought in 8 of the last 8 quarters. Shares -3.7% year over year.

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | capital below 7% |  |
| 2017-06 | 1 |  | capital below 7% |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | delinquency rising |  |
| 2018-06 | 1 |  | delinquency rising |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 3 | delinquency 2x band, delinquency rising |  |
| 2019-06 | 2 |  | delinquency 2x band |
| 2019-09 | 5 | delinquency 2x band, assets shrinking, members leaving |  |
| 2019-12 | 2 |  | delinquency rising, delinquency 2x band, assets shrinking |
| 2020-03 | 2 |  |  |
| 2020-06 | 5 | net worth falling, margin squeeze, delinquency 2x band |  |
| 2020-09 | 2 |  | members leaving, net worth falling, delinquency 2x band |
| 2020-12 | 2 |  |  |
| 2021-03 | 5 | capital below 7%, net worth falling |  |
| 2021-06 | 5 | delinquency 2x band | net worth falling |
| 2021-09 | 5 | 3rd-party paper>100% NW | delinquency 2x band |
| 2021-12 | 3 | delinquency 2x band | margin squeeze, capital below 7% |
| 2022-03 | 4 | capital below 7% | delinquency 2x band |
| 2022-06 | 3 | delinquency 2x band | capital below 7% |
| 2022-09 | 2 |  | delinquency 2x band |
| 2022-12 | 2 |  |  |
| 2023-03 | 3 | assets shrinking |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 |  | thin capital |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 | members leaving | assets shrinking |
| 2024-06 | 2 |  |  |
| 2024-09 | 1 |  | members leaving |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 3 | delinquency 2x band, delinquency rising |  |
| 2025-09 | 3 |  |  |
| 2025-12 | 2 | assets shrinking | delinquency 2x band, delinquency rising |
| 2026-03 | 1 |  | assets shrinking |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-01-06 [Lanco Federal Credit Union to open location in Lancaster city - LancasterOnline](https://news.google.com/rss/articles/CBMi9gFBVV95cUxQdWlfYWpSaUtNMnlFWmVnN0NhYklWR2hjSFhwSVlwZmFoUkdjTlRqUlh4RE9aaF9aOEpWc2pmTEFvNWN4LVVKdElaYzVUY3poSE56dUMtTFpJeFVJR2NudzUtQVdCTUZ6UHdMc0FrT29uemN0TDlraU1ieE0wTnl5U0F4YW83RnFpRHNSNUNDT1VMOThDOXhBQmY1VnRJN0xfRTYzaVdzaUE4MG81a2puR0FJaTlNRlJVamlhZkR2OTNKZThtMm1SV2FJcjItcHgwQXJkVkhub0ZZTkFmc0VnNFBFY29WdzZCYU5lZVVycHhVUDJnQXc?oc=5) · LancasterOnline
- 2026-05-22 [LANCO FCU OPENS IT’S FOURTH BRANCH IN LANCASTER - Central Penn Business Journal](https://news.google.com/rss/articles/CBMid0FVX3lxTE5tTndmX0NpMGlNc0Nlbk84NXBydE05ZkQxYjdkdWNnYmFjWHJqU1BTSS0tcmNVcWFSQjczU0x1ZkkzNWdUOEYxS21rUUV2eU1KRW1UanNlX3duVXF6SnI0RmhxX2ZUejFCUlNEaFBIbmp4bE53YnJr?oc=5) · Central Penn Business Journal
- 2026-01-06 [Lanco FCU to open its fourth branch in Downtown Lancaster - Central Penn Business Journal](https://news.google.com/rss/articles/CBMihgFBVV95cUxQQ1l4UFpsMVR3d2VNcjlvLUJpMXBBSnhBWUZJT1JERHNncFhHRXR0dlhxa3E0YnNaV2wtRjlzZjZia0VONWZ2WXhJazNiNlVkU2JWUmU2anQ2cTJBMzViclQ3SndaanV1WEhMZk9zZGo5eEtBRzU4Q2FmQnNWLU1pY2tzaUIxUQ?oc=5) · Central Penn Business Journal
- 2026-02-27 [Richard C. Harclerode Obituary Apr 3, 2023 - Charles F. Snyder Funeral Homes & Crematory](https://news.google.com/rss/articles/CBMicEFVX3lxTFB1MjY2T2RUSi1lOXE3S295Nng3RUZHUGtrRGFqUTRBTEpKa1ljNS1PY3h3Wk9jeHc3VW5ad1lMZW5KOExFSlNURmN1emJ2Zlh3NXVvaXhDdzhxbUk4ZUsxYzVjRGIyNlhjX21GeW1ORXY?oc=5) · Charles F. Snyder Funeral Homes & Crematory
- 2023-09-04 [Woman steals account information from LANCO Federal Credit Union : police - local21news.com](https://news.google.com/rss/articles/CBMilAJBVV95cUxORjdicXBxd0JRN2o1bkFycWlsSjZtWVgyQUtUV2I0ZURLc3N3S1FwWkJpODRtMDVHVG1fRUtjNTJOQXVDUUxxdU1EaTR0VGJUWnJLTUZ2dXhWQXZuamJDWVRHMU9Cc2psYzlHWTVyM05fcHZPWF92VUlKNXVEUFlaZDUwaEVGQ0RMZTQ4SGJWbThpQWY4aEFKaG9oZ0EtRGtzc1kzeUg4Skc5YktSTG41djFtbUhjbktEX0Eta2hpMlJXUTZKSEhOUl85dUVtQ3JxZWp5TTY4XzBTRGdGeGpROEZFaEszbzFScmJKNE1EY0F2d0dqMnZGZFVvNmRTQTU5OG84Z3dpOENtc0J6QzRMMFQ4S0s?oc=5) · local21news.com
- 2025-07-07 [What Are the Best Auto Loans for First-Time Car Buyers in PA? - harrisburgmagazine.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxNTGZSZXR6ZDdsSGk1Q3k4NG1Ick5WMktwTlhwdFZ5V01OTFl0RFlmUUNoemp4cm9PamxyNzR2bU1WT1c1LUZEX1huVGpPcGlNYm8zclFsdHhySnJLeVB1YmljVlgtSkNJbXJzdlBlS3o0LXpVOGZfSmNUMzI4ejZTTENTYmgxem5NX1lCNE1NY2tWMjRRcWdr?oc=5) · harrisburgmagazine.com
- 2024-10-02 [Woman allegedly attempts to withdraw $15K using fake ID; police search for 2 suspects - local21news.com](https://news.google.com/rss/articles/CBMiwAFBVV95cUxQV2NjeFNmNHVJY0JNQkdjaUczVUptTExNeHBJbHM4cTRJVDNyYks3VFFVTE9wTXRSNkV0a2FHZ2RrZGJLdVJtSFFySnV6NkRZU3Q3RkMtWUYxblQ2ZnhaV2pQMWdwTzk2WTZ2RDc4UXJkTGRyU3R0bVBmeDJyOThPdnZrMV9BVTRPWTNWSWlHMk5iMV94emlCcGU5cmZjOHdLbUx4WEQ1N1cwNElpcl9RS2k3NkU2bXBlNGE0RlpzeHY?oc=5) · local21news.com
- 2011-07-15 [Michael A. Bates Obituary Jul 15, 2011 - Buch Funeral Homes](https://news.google.com/rss/articles/CBMiZEFVX3lxTFBHWk1JZUJvd0xTUjl2WGdYay1Tbzc4ZC0wTlhPWHBMbDhhZDB5LVJ3ejQ1Wnl1RWdwQ3M1cFdJZmZfaG1vc05qUVIyc0hUa0VVcTNmN0dsZk51ZEQxX3RKU25yT24?oc=5) · Buch Funeral Homes

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=16657 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/17.json (key "16657", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=16657
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide