Loco Credit Union
LOCATIONS
1
View locations
HEALTH RATING
B+
View health report
CURRENT TOP RATE
2.02% APY
60 Month CD
View all rates
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.02% | 5-year CD | 60 Month CD |
| 0.65% | 1-year CD | 12 Month CD 1.80% - Ally Bank No Penalty 11-Month CD |
| 0.35% | Savings | Share Saving Account 1.65% - Barclays Online Savings Account |
Overview / Commentary
Loco Credit Union is headquartered in Alamogordo and is the 20th largest credit union in the state of New Mexico. It is also the 2,395th largest credit union in the nation. It was established in 1953 and as of March of 2018, it had grown to 15 employees and 4,991 members at 1 location. Loco Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live in Otero County, and to school employees and school board members in Lincoln, Soccoro, Catron, Guadalupe, Torrance, DeBaca, Union, Hidalgo or Harding Counties.
See current membership details
Health
B+
Data as of Q1 2018
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Loco Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66117 |
| Year Chartered | 1953 |
| Employees | 15 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.1% |
| Return on Equity - YTD | 8.06% |
| Annual Interest Income | $638.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $47.5MM$47.2MM |
| Loans | Q1 2018vs Q1 2017 | $20.9MM$19.7MM |
| Deposits | Q1 2018vs Q1 2017 | $40.2MM$40.2MM |
| Equity Capital | Q1 2018vs Q1 2017 | $6.5MM$6.0MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $451.00K$408.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $159.00K$291.00K |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
Report an Issue
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Loco Credit Union Savings Account Rates
Loco Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.02% | $500 | - | 60 Month CD | |
| 1.66% | $500 | - | 48 Month CD | |
| 1.46% | $500 | - | 36 Month CD | |
| 1.21% | $500 | - | 24 Month CD | |
| 0.95% | $500 | - | 18 Month CD | |
| 0.65% | $500 | - | 12 Month CD | |
| 0.50% | $500 | - | 6 Month CD |
Loco Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.02% | - | - | 60 Month IRA | |
| 1.66% | - | - | 48 Month IRA | |
| 1.46% | - | - | 36 Month IRA | |
| 1.21% | - | - | 24 Month IRA | |
| 0.95% | - | - | 18 Month IRA | |
| 0.65% | - | - | 12 Month IRA | |
| 0.50% | - | - | 6 Month IRA |
Locations
| Loco Credit Union Locations | ||
|---|---|---|
| Branch Office | 808 Washington Ave | Alamogordo, NM 88310-5166 |