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LOC Credit Union Rates & Review October 2026
Content reviewed by
Brian McKay
Brian McKay
Founder & Data Architect
Expertise
Automated Online Rate Data Aggregation
Location-Based Rate Tables
Bank & Credit Union Health Safety Ratings
Bank & Credit Union Star Ratings
Finance Calculators
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
|✓Fact Checked|Rates Last Updated and Verified: October 9, 2026
LOC Credit Union's top rates as of October 9, 2026 are 4.35% APY on its 22 Month Heroes Cert / IRA CD, 1.85% APY on savings, personal loans from 10.50% APR, and credit cards from 12.50% APR, according to rates verified by MonitorBankRates. Other LOC Credit Union CD rates include 22 Month Cert / IRA at 4.25%, 22-Month CD at 4.25%, and 22-Month CD Special at 4.25%. MonitorBankRates evaluates the financial stability of LOC Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.78%. Rates last updated and verified on 10/09/2026.
LOC Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at LOC Credit Union? Share your experience about LOC Credit Union by leaving a review below, or read customer reviews before you decide to use LOC Credit Union.
LOC Credit Union has earned an overall safety grade of A+ (Exceptional, Score: 99/100).
This proprietary letter grade is calculated by combining the institution's Star Rating with its Texas Ratio, providing a straightforward indicator of its financial stability and reliability.
Grades range from A+ (Exceptional) to F (High Risk) based on objective NCUA regulatory data.
MonitorBankRates Rating
?
5.0
ExceptionalOut of 5.0 Stars
MonitorBankRates Star Rating
LOC Credit Union has earned a Star Rating of 5.0 out of 5 stars (Exceptional).
Our proprietary rating system evaluates financial stability including the Texas Ratio and capitalization and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
?
1.78%
ExcellentLower than avg
LOC Credit Union Texas Ratio
LOC Credit Union's Texas Ratio is 1.78%, which is considered excellent and is lower than the national average of 6.13%.
LOC Credit Union has a very low volume of non-performing assets compared to its available capital, signifying a strong balance sheet.
The Texas Ratio compares non-performing assets to tangible common equity and loan loss reserves. Lower is better.
1.94% to 1.78% over 12 quarters, very strongFull history
Star Rating 5.0 to 5.0, Health Grade A+ to A+
The Texas Ratio for this credit union has stayed very strong since Q3 2023. Lower is healthier; the amber line is the 15% level required for the MBR Verified Healthy badge.
Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.
LOC Credit Union CD Rates
Product
Rate
APY
Term
View More
22 Month Heroes Cert / IRA
4.27%
4.35%
22 Month
Min Deposit$1,000
DetailsPenalty: 180 days*; Rolls into 18-month CD at maturity.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 4.35% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
22 Month Cert / IRA
4.17%
4.25%
22 Month
Min Deposit$1,000
DetailsDividends Paid: Monthly; Penalties: 180 days*; Rolls into 18-month CD at maturity.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 4.25% APY · checked 2 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
22-Month CD
-
4.25%
22-Month
DetailsAnnual Percentage Yield 4.25%
Last Updated10/09/2026
Rate History
No change since Sep 22, 2026 · 4.25% APY · checked 3 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
22-Month Certificate Special
-
4.25%
22-Month
DetailsBig goals start with smart savings. Get started today with our all new 22-Month Certificate special.
Last Updated10/09/2026
Rate History
No change since Sep 22, 2026 · 4.25% APY · checked 3 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
15 Month Heroes Cert / IRA
4.02%
4.10%
15 Month
Min Deposit$1,000
DetailsPenalty: 180 days*; Rolls into 12-month CD at maturity.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 4.10% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
15 Month Cert / IRA
3.93%
4.00%
15 Month
Min Deposit$1,000
DetailsDividends Paid: Monthly; Penalties: 180 days*; Rolls into 12-month CD at maturity.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 4.00% APY · checked 2 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
60 Month Heroes Cert / IRA
3.59%
3.65%
60 Month
Min Deposit$1,000
DetailsPenalty: 180 days*
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 3.65% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
48 Month Heroes Cert / IRA
3.49%
3.55%
48 Month
Min Deposit$1,000
DetailsPenalty: 180 days*
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 3.55% APY · checked 5 times
No change since Sep 14, 2026 · 0.60% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Christmas Club Account
0.05%
0.05%
Min Balance$100
DetailsBalance: $100 minimum balance required to earn dividends if age 18 or older. No minimum balance required if under 18.
Last Updated10/09/2026
Rate History
No change since Sep 18, 2026 · 0.05% APY · checked 4 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Vacation Club Account
0.05%
0.05%
Min Balance$100
DetailsBalance: $100 minimum balance required to earn dividends if age 18 or older. No minimum balance required if under 18.
Last Updated10/09/2026
Rate History
No change since Sep 18, 2026 · 0.05% APY · checked 4 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
LOC Credit Union Home Equity & HELOC
Product
Rate
Points
APR
Term
View More
Home Equity Loan
-
-
6.00%
Up to 7 Years
DetailsAs Low As; 65% CLTV 2nd Lien or 80% LTV 1st Lien; This financing option is only available on single unit, owner-occupied, primary residences located in the state of Michigan; Rates are not risk-based; all members will get the same low rate based on the loan to value of their home and LOC's lien position.; Maximum loan amount for up to 3 year term is $20,000.; Minimum amount to borrow is $5,000; maximum amount is $300,000.; Approval is based on overall creditworthiness factors and satisfactory collateral. All loans, terms and conditions are subject to Credit Union qualifications & may vary based on creditworthiness. Restrictions may apply.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 6.00% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Home Equity Loan
-
-
6.35%
10 Years
DetailsAs Low As; 65% CLTV 2nd Lien or 80% LTV 1st Lien; This financing option is only available on single unit, owner-occupied, primary residences located in the state of Michigan; Rates are not risk-based; all members will get the same low rate based on the loan to value of their home and LOC's lien position.; Maximum loan amount for up to 3 year term is $20,000.; Minimum amount to borrow is $5,000; maximum amount is $300,000.; Approval is based on overall creditworthiness factors and satisfactory collateral. All loans, terms and conditions are subject to Credit Union qualifications & may vary based on creditworthiness. Restrictions may apply.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 6.35% APR · checked 2 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Home Equity Loan
-
-
6.625%
15 Years
DetailsAs Low As; 65% CLTV 2nd Lien or 80% LTV 1st Lien; This financing option is only available on single unit, owner-occupied, primary residences located in the state of Michigan; Rates are not risk-based; all members will get the same low rate based on the loan to value of their home and LOC's lien position.; Maximum loan amount for up to 3 year term is $20,000.; Minimum amount to borrow is $5,000; maximum amount is $300,000.; Approval is based on overall creditworthiness factors and satisfactory collateral. All loans, terms and conditions are subject to Credit Union qualifications & may vary based on creditworthiness. Restrictions may apply.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 6.63% APR · checked 2 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Home Equity Line of Credit
4.75%
-
6.75%
DetailsIntroductory rate valid for 12 months from the open date after which the rate will default to the standard variable rate. Combined loan-to-value may not exceed 80%. Lien must not exceed second position. Property must be a single-family, owner-occupied principal residence located in the state of Michigan. Certain programs may allow for a second home property to be used as security. Modular/manufactured homes may be allowed. Homeowners insurance policy required, and if applicable, flood insurance. The credit union waives all third-party fees. A recoupment fee of up to $395 will be assessed if you close your account within 24 months of the open date. Maximum APR is 18%. Other conditions and restrictions may apply. Contact the credit union for complete details. Rates accurate as of 10/9/2026. Product may be changed or discontinued at any time. Minimum loan amount is $5,000 and maximum is $300,000. 60% CLTV or 80% LTV First Lien
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 6.50% → 6.75% ▲ 0.25 pts · high 6.75% / low 6.50%
Oct 2, 20266.75%▲ from 6.50%
Sep 14, 20266.50%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Home Equity Loan
-
-
6.75%
Up to 7 Years
DetailsAs Low As; 65.01% to 80% CLTV | 2nd Lien; This financing option is only available on single unit, owner-occupied, primary residences located in the state of Michigan; Rates are not risk-based; all members will get the same low rate based on the loan to value of their home and LOC's lien position.; Maximum loan amount for up to 3 year term is $20,000.; Minimum amount to borrow is $5,000; maximum amount is $300,000.; Approval is based on overall creditworthiness factors and satisfactory collateral. All loans, terms and conditions are subject to Credit Union qualifications & may vary based on creditworthiness. Restrictions may apply.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 6.75% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Home Equity Loan
-
-
7.00%
20 Years
DetailsAs Low As; 65% CLTV 2nd Lien or 80% LTV 1st Lien; This financing option is only available on single unit, owner-occupied, primary residences located in the state of Michigan; Rates are not risk-based; all members will get the same low rate based on the loan to value of their home and LOC's lien position.; Maximum loan amount for up to 3 year term is $20,000.; Minimum amount to borrow is $5,000; maximum amount is $300,000.; Approval is based on overall creditworthiness factors and satisfactory collateral. All loans, terms and conditions are subject to Credit Union qualifications & may vary based on creditworthiness. Restrictions may apply.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 7.00% APR · checked 2 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Home Equity Loan
-
-
7.10%
10 Years
DetailsAs Low As; 65.01% to 80% CLTV | 2nd Lien; This financing option is only available on single unit, owner-occupied, primary residences located in the state of Michigan; Rates are not risk-based; all members will get the same low rate based on the loan to value of their home and LOC's lien position.; Maximum loan amount for up to 3 year term is $20,000.; Minimum amount to borrow is $5,000; maximum amount is $300,000.; Approval is based on overall creditworthiness factors and satisfactory collateral. All loans, terms and conditions are subject to Credit Union qualifications & may vary based on creditworthiness. Restrictions may apply.
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 6.35% → 7.10% ▲ 0.75 pts · high 7.10% / low 6.35%
Oct 9, 20267.10%▲ from 6.35%
Sep 14, 20266.35%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Home Equity Line of Credit
4.75%
-
7.25%
DetailsIntroductory rate valid for 12 months from the open date after which the rate will default to the standard variable rate. Combined loan-to-value may not exceed 80%. Lien must not exceed second position. Property must be a single-family, owner-occupied principal residence located in the state of Michigan. Certain programs may allow for a second home property to be used as security. Modular/manufactured homes may be allowed. Homeowners insurance policy required, and if applicable, flood insurance. The credit union waives all third-party fees. A recoupment fee of up to $395 will be assessed if you close your account within 24 months of the open date. Maximum APR is 18%. Other conditions and restrictions may apply. Contact the credit union for complete details. Rates accurate as of 10/9/2026. Product may be changed or discontinued at any time. Minimum loan amount is $5,000 and maximum is $150,000. 60.01%-80% CLTV
Last Updated10/09/2026
Rate History
2 changes since Sep 14, 2026 · 6.50% → 7.25% ▲ 0.75 pts · high 7.25% / low 6.50%
Oct 9, 20267.25%▲ from 6.75%
Oct 2, 20266.75%▲ from 6.50%
Sep 14, 20266.50%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Home Equity Loan
-
-
7.375%
15 Years
DetailsAs Low As; 65.01% to 80% CLTV | 2nd Lien; This financing option is only available on single unit, owner-occupied, primary residences located in the state of Michigan; Rates are not risk-based; all members will get the same low rate based on the loan to value of their home and LOC's lien position.; Maximum loan amount for up to 3 year term is $20,000.; Minimum amount to borrow is $5,000; maximum amount is $300,000.; Approval is based on overall creditworthiness factors and satisfactory collateral. All loans, terms and conditions are subject to Credit Union qualifications & may vary based on creditworthiness. Restrictions may apply.
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 6.63% → 7.38% ▲ 0.75 pts · high 7.38% / low 6.63%
Oct 9, 20267.38%▲ from 6.63%
Sep 14, 20266.63%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Home Equity Second / Vacation Home
-
-
7.50%
Up to 10 Years
DetailsSecond / Vacation Home; $5,000 Min/$35,000 Max; 70% Maximum LTV. Financing is only available on single unit, owner-occupied residences located in the state of Michigan. Approval is based on overall creditworthiness factors and satisfactory collateral.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 7.50% APR · checked 6 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Home Equity Loan
-
-
7.75%
20 Years
DetailsAs Low As; 65.01% to 80% CLTV | 2nd Lien; This financing option is only available on single unit, owner-occupied, primary residences located in the state of Michigan; Rates are not risk-based; all members will get the same low rate based on the loan to value of their home and LOC's lien position.; Maximum loan amount for up to 3 year term is $20,000.; Minimum amount to borrow is $5,000; maximum amount is $300,000.; Approval is based on overall creditworthiness factors and satisfactory collateral. All loans, terms and conditions are subject to Credit Union qualifications & may vary based on creditworthiness. Restrictions may apply.
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 7.00% → 7.75% ▲ 0.75 pts · high 7.75% / low 7.00%
Oct 9, 20267.75%▲ from 7.00%
Sep 14, 20267.00%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
LOC Credit Union Auto Loan Rates
Product
Rate
Points
APR
Term
View More
New & Used Auto Loans
-
-
4.60%
120 months
DetailsAs Low As; Fixed APR
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 2.99% → 4.60% ▲ 1.61 pts · high 4.60% / low 2.99%
Sep 29, 20264.60%▲ from 2.99%
Sep 14, 20262.99%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
2017 Older Used Auto & High Mileage Loan
-
-
6.79%
Up to 48 Months
DetailsYear: 2017; Maximum LTV of 85% | 150,000 maximum mileage at time of application.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 6.79% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
2017 Older Used Auto & High Mileage Loan
-
-
7.09%
Up to 60 Months
DetailsYear: 2017; Maximum LTV of 85% | 150,000 maximum mileage at time of application.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 7.09% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
2016 Older Used Auto & High Mileage Loan
-
-
7.39%
Up to 36 Months
DetailsYear: 2016; Maximum LTV of 85% | 150,000 maximum mileage at time of application.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 7.39% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
2015 Older Used Auto & High Mileage Loan
-
-
7.69%
Up to 36 Months
DetailsYear: 2015; Maximum LTV of 85% | 150,000 maximum mileage at time of application.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 7.69% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
LOC Credit Union RV, Boat and Powersport Loan Rates
Product
Rate
APR
Term
View More
2021-2026 Motorcycle & Power Sports Loan
-
7.00%
Up to 48 Months
DetailsBalance: $5,000 Min/$40,000 Max; Available for <85% LTV or Heroes Program Members
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 7.00% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
2021-2026 Motorcycle & Power Sports Loan
-
7.30%
Up to 48 Months
DetailsBalance: $5,000 Min/$40,000 Max
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 7.30% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
2021-2026 Motorcycle & Power Sports Loan
-
7.30%
Up to 60 Months
DetailsBalance: $5,000 Min/$40,000 Max; Available for <85% LTV or Heroes Program Members
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 7.30% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
2021-2026 Motorcycle & Power Sports Loan
-
7.55%
Up to 84 Months
DetailsBalance: $10,000 Min/$40,000 Max; Available for <85% LTV or Heroes Program Members
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 7.55% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
2021-2026 Motorcycle & Power Sports Loan
-
7.60%
Up to 60 Months
DetailsBalance: $5,000 Min/$40,000 Max
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 7.60% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
2021-2026 Motorcycle & Power Sports Loan
-
7.85%
Up to 84 Months
DetailsBalance: $10,000 Min/$40,000 Max
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 7.85% APR
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
LOC Credit Union Credit Card Rates
Product
Rate
APR
View More
VISA Platinum
-
12.50%
DetailsRate Type: Variable; Credit Limits Up To: $30,000. Approval, credit limit, and actual rate offered based on overall creditworthiness factors. See LOC Visa Credit Card Disclosure for additional information on credit terms and costs.
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 10.24% → 12.50% ▲ 2.26 pts · high 12.50% / low 10.24%
Oct 9, 202612.50%▲ from 10.24%
Sep 14, 202610.24%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
LOC Credit Union Personal Loan Rates
Product
APR
Term
View More
Personal Loan
10.50%
up to 36 Months
DetailsFixed Rate; $30,000 Max
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 10.50% APR · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Personal Loan
11.50%
up to 48 Months
DetailsFixed Rate; $30,000 Max
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 11.50% APR · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Personal Loan
12.50%
up to 60 Months
DetailsFixed Rate; $30,000 Max
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 12.50% APR · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
LOC Credit Union Other Rates
Product
Rate
Points
APY/APR
Term
View More
Line of Credit
-
-
12.50%
DetailsVariable Rate; $20,000 Max
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 12.50% APR · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Regular Share
0.05%
-
0.05%
Min Balance$100
DetailsBalance: $100 minimum balance required to earn dividends if age 18 or older. No minimum balance required if under 18.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.05% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.78%
Financial Health History
LOC Credit Union’s Texas Ratio stayed near 1.94% in Q3 2023 to 1.78% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.
Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade
How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.
Show the quarterly figures
Quarter
Total assets
Texas Ratio
Star Rating
Health Grade
June 30, 2026
$485M
1.78%
5.0
A+
March 31, 2026
$483M
0.89%
5.0
A+
December 31, 2025
$467M
2.54%
5.0
A+
September 30, 2025
$462M
2.66%
5.0
A+
June 30, 2025
$461M
3.11%
5.0
A+
March 31, 2025
$458M
1.67%
5.0
A+
December 31, 2024
$446M
2.05%
5.0
A+
September 30, 2024
$444M
1.74%
5.0
A+
June 30, 2024
$447M
1.71%
5.0
A+
March 31, 2024
$442M
2.15%
5.0
A+
December 31, 2023
$435M
2.14%
5.0
A+
September 30, 2023
$435M
1.94%
5.0
A+
Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.
Methodology & Data Sources
MonitorBankRates Star Rating
Our rating for LOC Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather LOC Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with LOC Credit Union's official website for the most current offers and terms.
Address
22981 Farmington Rd,
Farmington, MI 48336-3915
Phone248-474-2502
Fax
PresidentPaul Renko
CEOStephen Grech
Full-Time Employees85
Part-Time Employees7
Branch Locations6
ATM Locations6
NCUA Insured✓ Yes, up to $250,000 per depositor
Financials
MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (99/100)
Texas Ratio
1.78%
Return on Assets (ROA)
0.5018%
Return on Equity (ROE)
4.9375%
Non-Performing Loans Ratio (NPL)
0.36%
Total Assets
485,029,975
Total Amount of Shares and Deposits
434,175,348
Total Shares and Deposits < 1 Year
429,779,237
Total Shares and Deposits 1 3 Years
4,190,820
Total Shares and Deposits > 3 Years
205,293
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
21,059,652
Total Uninsured Shares and Deposits > $250K (F+J)
21,059,652
Total Insured Shares and Deposits > $250K (item 17 less item K)
413,115,696
Total Interest Expense (Sum of items 6 8)
1,806,632
Share Certificates
2,321
Number of Accounts for Share Drafts
19,525
IRA KEOGH Accounts
540
Number of Accounts for Regular Shares
35,588
Money Market Shares
2,528
Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)
Well Capitalized
Net Worth Classification if credit union is a new credit union
Well Capitalized
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
20,781,174
Total Liabilities
439,683,214
Source: NCUA — Last Updated 06/30/2026
Q2 2026 MBR Health & Safety Badge
LOC Credit Union earned the Verified Healthy badge
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Frequently Asked Questions About LOC Credit Union
How many branches does LOC Credit Union operate?
LOC Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.
Is a member application needed to join LOC Credit Union?
Yes, to access services at LOC Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.
Is there a first-time homebuyer program?
Currently, LOC Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.
Are credit management and repair services offered?
While formal credit repair services are not currently listed, LOC Credit Union provides members with tools to manage their accounts and build a solid financial history.
Does LOC Credit Union offer online and mobile banking?
Most modern institutions like LOC Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://loccreditunion.com.
Current LOC Credit Union Rates
12-Month CD3.25%
18-Month CD3.25%
24-Month CD3.30%
60-Month CD3.55%
Savings1.85%
Retrieved from our database of financial products. Rates subject to change.
Brian McKay
