Business Details
Your Trusted Financial Partner in Marshalltown, IA
Lennox Employees Credit Union is a member-owned financial cooperative dedicated to serving Lennox International employees, their families, and Select Employee Groups. We prioritize financial empowerment through accessible savings opportunities, competitive loan rates, and personalized service from a trained professional staff. Our mission focuses on long-term financial stability for members by adapting to evolving needs while maintaining operational integrity. We emphasize community-based relationships and responsible financial management through tailored banking solutions. 
Services
Checking Accounts
Vehicle Loans
Credit Cards
Savings Accounts
Home Equity Loans
Highlights and features
- We operate as a not-for-profit financial cooperative benefiting members directly
- Our membership includes exclusive access for Lennox employees and families
- We maintain strict financial standards with competitive savings returns and loan rates
- Personalized service from experienced staff trained in member-specific financial needs
- Local decision-making structure enables quick adaptation to member requirements
Services
Checking Accounts
We offer multiple checking account options with varying features for daily financial management. Our accounts include debit card access, online banking integration, and customizable overdraft protection. These accounts serve as primary transaction vehicles for everyday spending and bill payments.
Vehicle Loans
Our competitive vehicle loan programs support new and used automobile purchases with flexible repayment terms. Members receive personalized loan counseling and benefit from our not-for-profit rate structure. Loan approvals prioritize member financial health over institutional profit considerations.
Credit Cards
We provide multiple credit card options with rewards programs and competitive interest rates. Cardholders access online account management and fraud protection services. Our credit products support both daily spending and emergency financial needs.
Home Equity Loans
Our home equity financing solutions offer fixed and variable interest rate options for property-secured borrowing. These loans support home improvements, debt consolidation, or major purchases using property equity assets.
Savings Accounts
We maintain multiple savings account tiers for different financial goals with tiered interest rate structures. These accounts include youth savings programs and holiday savings options. Our savings solutions emphasize financial discipline through regular contributions.
Questions
What are the membership requirements for Lennox Employees Credit Union?
Membership requires employment with Lennox International, Lennox Industries, or approved Select Employee Groups. Immediate family members of eligible employees also qualify.
What loan types does the credit union offer?
We provide vehicle loans, home equity loans, signature loans, and share-secured loans with competitive rates for qualified members.
Are there any special savings programs available?
We offer specialized savings options including youth savings accounts, Christmas clubs, and tiered interest rate certificates.
What are the daily transaction limits for debit cards?
Our standard daily ATM withdrawal limit is $500.00 with total daily purchase limits capped at $1,500.00.
What branch services are available in Marshalltown?
Our Marshalltown location offers full-service banking, drive-up access with extended Friday hours until 5:30 PM.
What fees should I be aware of?
Key fees include $30-$50 annual safe deposit box charges, $3 overdraft protection fees, and $25 NSF charges for returned items.
