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|
|$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.
You Might Also Like
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.
Plan For Your Long-Term Financial Future
A Traditional or Roth IRA can be a good option to help you plan for your eventual retirement.
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
Are you a digital banking user?
Login to send us a secure message
Want to talk to someone? Call or
Monday - Thursday 9 am to 5 pm
Friday 9 am to 6 pm
Saturday 9 am to noon
Make an Appointment
Need to come in to speak to someone? Make an appointment at one of our convenient locations.