What's happening at LOC and a library of financial tips and tricks.
News & Financial Fitness Tips - All
- Protect Yourself From Fraud, Identity Theft and more
(June 14, 2021)
With summer here, we want to ensure you and your finances are safe.
- LOC Voted Best Metro Detroit Credit Union
(April 23, 2021)
LOC Credit Union (LOC) has been named Best Credit Union in the Best of Best Detroit Awards sponsored by the Detroit Free Press.
- Federal Stimulus Payment FAQs
(December 30, 2020)
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
(December 15, 2020)
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.
- A Guide to Your First Holiday Budget Planning During a Pandemic
(November 2, 2020)
As the world continues to deal with the COVID-19 Pandemic. It’s important to take a look at holiday budgets before starting your shopping.
- End-of-Year Financial Review
(November 1, 2020)
2020 is quickly coming to an end. Here are a couple of year-end financial tasks to tackle before the new year.
- Shop Safely This Holiday Season
(November 1, 2020)
With so many logging in online to make purchases for the holiday season, it’s important to understand how to protect yourself from the potential risks.
- Why Dealership Financing May Not Be The Best Option
(September 21, 2020)
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
(August 18, 2020)
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.
- Getting to Know Your Credit
(July 10, 2020)
An important component of financial success is a good credit score. Do you know what your current credit score is or how you can obtain it?
- Have You Considered Buying Out Your Current Lease?
(May 6, 2020)
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?
- Transactions from Money Fund/Premier Money Fund Accounts
(April 28, 2020)
We have temporarily removed the restriction limiting certain transfers (also known as Regulation D) from a Money Fund/Premier Monday Fund account to six per month. Contact us if you have additional questions.
- Keep Your Eyes Peeled for COVID-19 Fraud
(March 25, 2020)
This most recent health crisis provides an ideal opportunity for fraudsters and scammers to take advantage of vulnerable people. The United States Department of Justice outlines some financial schemes that have already impacted consumers.
- Make the Most of a Tax Refund
(February 10, 2020)
Before you use an incoming refund to go shopping or splurge on something new, you might want to consider some more responsible options like using that cash for a home improvement project or paying off high-interest debt.
- New or Used Auto - Which is Right For You?
(February 3, 2020)
One of the biggest dilemmas consumers have when in the market for a vehicle is whether to buy new or used.