Loco Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.21% | 5-year CD | 3.10% - Synchrony Bank 60 Month CD |
| 1.00% | 1-year CD | 2.65% - Barclays 12 Month Online CD |
| 0.35% | Savings | 2.00% - Ally Bank Online Savings Account |
Loco Credit Union is headquartered in Alamogordo and is the 20th largest credit union in the state of New Mexico. It is also the 2,371st largest credit union in the nation. It was established in 1953 and as of June of 2018, it had grown to 14 employees and 5,048 members at 1 location. Loco Credit Union's CD rates are 11% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Loco Credit Union 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
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 66117 |
| Year Chartered | 1953 |
| Employees | 14 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.18% |
| Return on Equity - YTD | 8.52% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $48.7MM$46.8MM |
| Loans | Q2 2018vs Q2 2017 | $21.1MM$20.0MM |
| Deposits | Q2 2018vs Q2 2017 | $41.0MM$39.9MM |
| Equity Capital | Q2 2018vs Q2 2017 | $6.7MM$6.1MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $460.00K$416.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $271.00K$256.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$30.00K |
Always verify rates and promotions with the bank or credit union. We are not Loco Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Loco Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.35% | $100 | - | Share (Savings) Accounts | |
| 0.35% | $100 | - | Vacation/Travel Club Accounts | |
| 0.35% | $5 | - | Kirby Kangaroo Club Account | |
| 0.35% | $5 | - | Teen Club Account | |
| 0.35% | - | - | Christmas Club Account |
Loco Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.21% | $500 | - | 60 Month CD | |
| 1.80% | $500 | - | 48 Month CD | |
| 1.59% | $500 | - | 36 Month CD | |
| 1.37% | $500 | - | 24 Month CD | |
| 1.26% | $500 | - | 18 Month CD | |
| 1.00% | $500 | - | 12 Month CD | |
| 0.80% | $500 | - | 6 Month CD |
Loco Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.21% | $100 | - | 60 Month IRA | |
| 1.80% | $100 | - | 48 Month IRA | |
| 1.59% | $100 | - | 36 Month IRA | |
| 1.37% | $100 | - | 24 Month IRA | |
| 1.26% | $100 | - | 18 Month IRA | |
| 1.00% | $100 | - | 12 Month IRA | |
| 0.80% | $100 | - | 6 Month IRA |
| Loco Credit Union Locations | ||
|---|---|---|
| Branch Office | 808 Washington Ave | Alamogordo, NM 88310-5166 |