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LOC CREDIT UNION
LOC CREDIT UNION
| RSSD ID 808587 | CHARTER 61404 |
| 22981 Farmington Road |
Quarter Ended : |
2025-06-30 |
| Farmington, MI, 48336-3915 |
Agency Update : |
2025-07-30 |
| http://www.loccreditunion.com |
| Institution Profile |
| Chartered : |
1935 |
Institution Type : |
Credit Union |
| Credit Union Type : |
State |
Federal Regulator : |
NCUA |
| Membership Type : |
State chartered natural person credit union |
| Statistical Area (MSA) : |
Not Available |
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| Number of Offices : |
0 |
| Current Members : |
27,555 |
Potential Members : |
10,140,459 |
| Full-time Employees : |
84 |
Part-time Employees : |
8 |
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| Financial Fast Facts |
| Balance Sheet |
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Income Statement (ytd) |
| Total Assets | 460,904,140 |
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Total Interest Income | 9,674,587 |
| Total Liabilities | 420,173,982 |
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Total NonInterest Income | 2,164,361 |
| Total Shares and Deposits | 414,154,834 |
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Total Interest Expense | 1,587,393 |
| Total Equity | 44,465,592 |
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Total NonInterest Expense | 8,151,035 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 44,897,798 |
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Total Number | 13,381 |
| Net Worth Ratio | 9.73 |
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Total Amount | 256,785,671 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 63 |
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Total Delinquent(60+ Days) Amount | 1,425,542 |
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