Watch your savings grow.
- Minimum of $2,500 to open the account
- Must maintain at least $2,500 to earn dividends
- Competitive rates, tiered based on your balance
- Dividends compounded and paid monthly
- Federally insured by the NCUA
| Minimum Deposit Amount | Rate | APY | Dividends Paid |
|---|---|---|---|
| $2,500-$9,999 | 0.45% | 0.45% | Monthly |
| $10,000-$24,999 | 0.65% | 0.65% | Monthly |
| $25,000-$49,999 | 0.75% | 0.75% | Monthly |
| $50,000-$74,999 | 0.90% | 0.90% | Monthly |
| $75,000-$99,999 | 1.00% | 1.00% | Monthly |
| $100,000 & Above | 1.20% | 1.21% | Monthly |
APY = Annual Percentage Yield Dividends are calculated using the daily balance, paid and compounded monthly. $2500 minimum balance required to open and to earn dividends. Dividend rate is subject to change at any time. | |||
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.
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Looking For a High Rate of Return?
If you don't have an immediate need for your money, a Certificate (CD) may provide you a higher rate of return. Short and long term options are available.
Get Knowledgeable Advice
If you are looking for advice on developing a financial plan, seek the guidance of a skilled professional through LOC Financial Services.
Here to Help
Contact Us
Want to talk to someone? Call or
text 800.837.4562
Monday - Thursday 9 am to 5 pm
Friday 9 am to 6 pm
Saturday 9 am to noon
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Need to come in to speak to someone? Make an appointment at one of our convenient locations.
