checking page tracking pixel

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

 These new credit cards cannot be activated or used until June 24

Click here to learn more about your new card.


See All | Contract
Join Today

Student Credit Unions

Link placeholder

Real-life lessons in savings and finance.

In 1995, LOC Credit Union opened its first student-run credit union at East Middle School in Farmington Hills. Today, LOC is a proud partner with Farmington Public Schools, Hartland Consolidated Schools and Howell Public Schools and operates 19 in-school branches. Our in-school credit union program and this great community partnership strengthen student advancement as a result of exposure to positive community role models. During the 2019-20 school year, 710 student employees processed 4,533 transactions, helping individuals save a total of $83,995.03

This unique program consists of a full-service LOC branch inside the school. Our student-run credit unions are managed by students with the supervision of an LOC employee. Student employees gain hands-on experience on how to run a branch and they perform duties of the various positions available at a financial institution. Not only does this program teach valuable skills to the students working the credit union, it also gives all students real-life lessons in savings and finance. Some ways we hope to accomplish this include:

  • Resume writing and interviewing techniques
  • Professionalism and team work
  • Developing responsibility and leadership skills                      
  • Increasing student confidence
  • Counting money efficiently                                                                                     
  • Providing financial education classroom presentations
  • Importance of having healthy savings habits
  • Interpersonal and communication skills
  • Increase math skills and more

Watch Our Video to Learn More

 

Who Can Use a Student-Run Credit Union Branch

Students and staff are able to open an account, make deposits and do withdrawals at our in-school branches. Students are encouraged to open a savings account to save for events such as holiday gift giving, field trip expenses, college savings or sporting activities.

Account applications are available and can be turned in at each student-run credit union branch. In addition, accounts can be opened at any LOC branch location. Student accounts need parent/guardian's proof of identification, a Social Security number and a minimum $5 deposit. If the student is already a member of LOC, it is not necessary to open another account.

When you become a member, you can enjoy the many benefits of our Quackers Club and Teen Club. They have been designed especially to meet the needs of our young members.

2022-2023 Student-Run Credit Union Schedule

Our student-run credit union operates throughout the school year. Days and hours of operation can vary based on holiday breaks, weather related closings, half days and other unforeseen circumstances. Please visit the school website for a current schedule.

Livingston County

School

Deposit Day

Opening Day
2022-2023

Last Day of Operation 
2022-2023

Hartland
Every Other
Thursday
Thursday, September 8 Thursday, May 11
 
Lakes Elementary School
Hartland
Every Other
Thursday
Thursday, September 8 Thursday, May 11
 

Challenger Elementary School
Howell

Every Other
Wednesday
Wednesday, September 7 Wednesday, May 10
 
Northwest Elementary School
Howell
Every Other
Friday
Friday, September 9

Friday, May 12

 
Ruahmah J. Hutchings Elementary School
Howell
Every Other
Thursday
Thursday, September 1 Thursday, May 18
 
Every Other
Wednesday
Wednesday, September 14 Wednesday, May 17
 
Every Other
Thursday
Thursday, September 15 Thursday, May 18

Oakland County

 School
Deposit Day

Opening Day
2022-2023

Last Day of Operation 
2022-2023

Farmington Hills
Every Other
Wednesday
Wednesday, October 5 Wednesday, May 17
 
Farmington Hills
Every Other
Wednesday
Wednesday, September 28 Wednesday, June 7
 
Farmington Hills
Every Other
Friday
Friday, September 30 Friday, May 26
 
Farmington Hills
Every Other
Wednesday
Wednesday, October 5 Wednesday, May 17
 
Farmington Hills
Every Other
Tuesday
Tuesday, September 27 Tuesday, May 23
 
Farmington Hills
Every Other
Tuesday
Tuesday, October 4 Tuesday, May 16
 
Farmington Hills
Every Other
Friday
Friday, September 30 Friday, May 26
 
Farmington Hills
Every Other
Thursday
Thursday, October 6 Thursday, May 18
   
Farmington
Every Other
Friday
Friday, October 7 Friday, May 19
 
Farmington Hills
Every Other
Tuesday
Tuesday, October 11 Tuesday, May 23
     
Farmington Hills
Every Other
Thursday
Thursday, October 13 Thursday, May 25
 
Farmington Hills
Every Other
Wednesday
Wednesday, September 28 Wednesday, May 24

Testimonial

Their Dreams. Our Ideas.

 

LOC will help me get ready for the future when I'm an adult in the work force because I have learned what to say in the interview process, how to write a resume, money management, and planning skills.

Ryan and LOC

More Stories
Looking for options for your kids?

Quackers and Teen Clubs are the perfect fit.

Learn More

Branch & ATMs

Find a Branch or ATM near you.

Click here

Make An Appointment

Contact Us

Call/Text Us: 800.837.4562

Email Us

LOC Credit Union facebook  LOC Federal Credit Union linkedin  LOC Federal Credit Union YouTube

Best of the Best

Find Us Call/Text Us
Back to Top