News & Financial Tips

• LOC Voted Best Metro Detroit Credit Union
  

  LOC Credit Union (LOC) has been named Best Credit Union in the Best of Best Detroit Awards sponsored by the Detroit Free Press.

• The LOC 5K Color Run Returns!
  

  The LOC Color Run at Farmington Founders Festival is taking place on Saturday, July 17. Register Now

• Federal Stimulus Payment FAQs
  

  Check out our FAQs to help answer your questions and get additional information about the second round of Federal Stimulus Payments! 

• Errors with Bill Pay and Internet Explorer
  

  Subscribers using IE may be experiencing problems with some bill pay functions. IE is no longer compatible with security measures in our bill pay service. Consider upgrading to a newer browser for full functionality and safety.

• Why Dealership Financing May Not Be The Best Option
  

  When choosing between financing at a dealership or credit union ask yourself which one will be more beneficial in the long run.

• Home Equity Loan vs Cash-Out Refinance
  

  A home equity loan and a cash-out refinance on your mortgage are two ways to access the value that has accumulated in your home. Although the loans are similar, they’re not the same.

• Have You Considered Buying Out Your Current Lease?
  

  When your lease is over, you could drop the car off with the dealer, sign a few papers, and walk away. But have you considered what comes next? Have you considered  buying out your current lease?