Q:

What services does the L&N Federal Credit union offer?

A:

Quick Answer

The L&N Federal Credit Union offers deposit, lending, electronic, investment and insurance services, according to the official website of the Union. The union is a cooperative, nonprofit financial institution that meets the business, checking, mortgage and auto loan needs of its members.

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Full Answer

The L&N Federal Credit Union offers deposit services in basic business checking accounts designed for small businesses and preferred business checking accounts for large businesses, reports the union's website. The union also offers lending services through term and line-of-credit loans. The union awards members term loans at fixed and floating rates for the acquisition of investment property, business equipment and vehicles, and owner-occupied real estate. The union also provides electronic services, such as electronic check conversion, merchant service processing and credit cards.

The L&N Federal Credit Union also provides financial management, investment and transaction services, states the official website of the union. The online brokerage center that the union operates allows members to build and view their portfolios and monitor the performance of money markets. Additionally, the L&N Federal Credit Union offers discounted auto and homeowners policies through its partnership with Liberty Mutual. Through the union, members can obtain insurance services, such as GAP insurance, medical coverage, auto warranty and auto/home insurance.

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