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In the coming weeks, MemberFocus members will begin receiving their new VISA credit cards.

LOC Cards- Your new credit card can now be activated!
MemberFocus Cards- New credit cards cannot be activated or used until June 24

Click here to learn more about your new card.

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Personal Loans

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A small or large personal loan for anytime, any reason.

Rates as low as 8.99% APR for up to 36 months!

What is a personal loan? Personal loans are great to cover your lifestyle needs through low monthly payments for those large out-of-pocket or unexpected expenses such as:

  • Vacations
  • Large household purchases
  • Tuition
  • Medical deductibles
  • Auto repairs
  • Home repairs
  • Wedding expenses

If you are looking for a loan to consolidate credit card debt, our personal loan options can also help you reduce your outstanding debt into a single loan. Our team of experts can provide a personal loan review to show you how it could be the best way to consolidate debt. You'll find we have some of the best low interest rate personal loans around! 


Fixed-Rate Personal Loan

  • Variety of terms up to 60 months based on loan amount
  • Low-fixed rate based on term, balance and credit history
  • No collateral required
  • Easy repayment options

Personal Line of Credit

  • No annual fee
  • Borrow up to $20,000
  • Funds easily available to you when you need them through Digital Banking
  • Acts as overdraft protection for your LOC checking account
  • Minimum payment is 3% of the outstanding balance


When you compare us against personal loans from banks and other personal loan providers, you'll find we have some of the best personal loan rates around.  We offer competitive rates for both short term personal loans and long term personal loans as well.

Personal Loans/Lines of Credit
Effective Date: Sunday, May 28th, 2023
Loan TypeAPR As Low AsTermMinimum or MaximumNote
Personal Loan 8.99% up to 36 Months $30,000 Max Fixed Rate
Personal Line of Credit 9.75% up to 48 Months $30,000 Max Fixed Rate
Personal Loan 10.00% up to 60 Months $30,000 Max Fixed Rate
Personal Line of Credit 13.49% N/A $20,000 Max Variable Rate

 Example: A loan amount of $7,500 with a rate as low as 8.99% for 36 months would have an approximate monthly payment of $238.00. 

APR = Annual Percentage Rate

Rate and term may vary based on credit score.

See Why Our Personal Loan Might Be a Better Option

How does a personal loan work? The table below shows why a personal loan from LOC might be the best way to consolidate debt by reducing your monthly payments for settling debt.  

 LOC Personal Loan*

Other Lender Loan or
Credit Card*

 Approx. Savings at LOC *

$10,000 loan at 6.99% APR
for 36 Months: 
Interest = $1,114

$10,000 loan at 18% APR for
36 months: 
Interest = $3,015


$15,000 loan at 7.99% APR
for 60 months: 
Interest = $3,244

$15,000 loan at 18% APR
for 60 months: 
Interest = $7,854


$25,000 loan at 8.99% APR
for 72 months: 
Interest = $7,437
$25,000 loan at 24% APR
for 72 months: 
Interest = $22,388

*Rates based on individual credit history, amount, and term of loan. Loans cannot be used to pay on existing loans at LOC Credit Union. New money only. Estimated monthly payment on a loan at 7.49% APR equals $31.20 per $1,000 borrowed. 

How to Apply for a Personal Loan

If you’re interested in applying for a personal loan, you can get the process started today online.  If you prefer, come into a branch for a free personal loan review or call us at 800.837.4562


Managing Debt



Their Dreams. Our Ideas.


We applied for a personal loan to consolidate and lower the payments on two loans we have. The new loan is saving us $304 per month and will lower our overall interest costs!

Michael and LOC

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