Enjoy special rates and benefits as a thank you for all you do for our communities!
Eligible groups include:
- Military
- Law Enforcement
- Fire Protection
- Health Care
- Education
Heroes Program Features & Benefits
Additionally, we'd like to remind you of some of the everyday benefits your LOC membership provides:
- Free checking account
- Fee-free access to over 30,000 CO-OP ATMs across the country
- Credit Union Exclusive Rates on Home and Auto Insurance through our partnership with Members Home and Auto & TruStage
| Year | Heroes Program Fixed APR As Low As | Term | Minimum Loan Amount |
|---|---|---|---|
| 2023-2025 | 4.60% | Up to 66 Months | $3,500 Minimum |
| 2023-2025 | 5.10% | Up to 75 Months | $15,000 Minimum |
| 2023-2025 | 5.35% | Up to 84 Months | $30,000 Minimum |
| 2023-2025 | 5.60% | Up to 96 Months | $40,000 Minimum |
| 2023-2025 | 7.60% | Up to 120 Months* | $50,000 Minimum |
| 2019-2022 | 5.29% | Up to 66 Months | $3,500 Minimum |
| 2019-2022 | 5.45% | Up to 75 Months | $15,000 Minimum |
| 2019-2022 | 5.55% | Up to 84 Months | $30,000 Minimum |
Learn how to enroll in our Loving Our Communities Heroes Program Example: A loan amount of $25,000 with a rate as low as 4.90% for 66 months would have an approximate monthly payment of $433.00 APR = Annual Percentage Rate | *Credit score 700+ required. Available for up to 80% financing. Subject to approval. Approval and actual rate and term offered is based on overall creditworthiness factors and satisfactory collateral. | |||
| LTV's up to 115% are available. All used collateral older than model years listed above will be considered on an individual basis. Contact us for more information. Restrictions apply. | |||
| Account Type | Dividend Rate | APY | Dividends Paid | Penalties | Note |
|---|---|---|---|---|---|
| 12 Month Heroes Cert / IRA | 3.80% | 3.85% | Monthly | 180 days* | |
| 13 Month Heroes Cert / IRA | 4.17% | 4.25% | Monthly | 180 days* | *Rolls into 12-month CD at maturity. |
| 18 Month Heroes Cert / IRA | 3.55% | 3.60% | Monthly | 180 days* | |
| 24 Month Heroes Cert / IRA | 3.05% | 3.10% | Monthly | 180 days* | |
| 36 Month Heroes Cert / IRA | 2.81% | 2.85% | Monthly | 180 days* | |
| 48 Month Heroes Cert / IRA | 2.81% | 2.85% | Monthly | 180 days* | |
| 60 Month Heroes Cert / IRA | 2.81% | 2.85% | Monthly | 180 days* | |
APY = Annual Percentage Yield | $1,000 minimum deposit required to earn Heroes Certificate rates. *Penalty for early withdrawal of funds may apply on Certificate products. Heroes CD/IRA CD rates only apply to those opened after program enrollment. If you have an existing CD/IRA CD prior to enrollment, contact us at maturity to switch your CD/IRA CD type to Heroes. All member accounts are insured up to $1,000,000 (one million dollars) - Federally insured by NCUA up to $250,000 and insured up to an additional $750,000 by Excess Share Insurance, a private insurance company. | |||||
Join Our Heroes Program Today!
Are you an existing member?
Just give us a call or visit a branch. Please make sure you are able to provide one piece of identification that signifies you as a member of one of these qualifying groups upon request!
Not a Member?
Becoming a member and enrolling in our Loving Our Community Heroes program is easy! Please make sure you are able to provide one piece of identification that signifies you as a member of one of these qualifying groups during the new member application process upon request.
Are you ready to join LOC?
It’s easy to become a member of LOC Credit Union!
Membership is open to anyone who lives, works, worships, or attends school in the state of Michigan.
A current or eligible member's immediate family (spouse, sibling, child, grandchild, parent, grandparent) or an individual living in the same household of a current or eligible member can also join LOC.
Here to Help
Contact Us
Want to talk to someone?
Call: 800.837.4562
Text: 248.474.2200
Monday - Thursday 9 am to 5 pm
Friday 9 am to 6 pm
Saturday 9 am to 1 pm
Make an Appointment
Need to come in to speak to someone? Make an appointment at one of our convenient locations.