LOCO

P. O. BOX 1743
Alamogordo, NM 88311

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 66117
Date Established 1953
Assets $48.72 million
Loans $21.15 million
Deposits $41.02 million
Capital $7.23 million

Loco is an NCUA insured institution located in Alamogordo, NM. It was founded in 1953 and has approximately $48.72 millions in assets.

Field of Membership Restrictions

Membership is open to those who live in Otero County, and to school employees and school board members in Lincoln, Soccoro, Catron, Guadalupe, Torrance, DeBaca, Union, Hidalgo or Harding Counties.

Deposit Rates - January 20, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.00% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.80% $500 - Learn MoreShow Less
12 Mo CD
1.00% $500 - Learn MoreShow Less
18 Mo CD
1.26% $500 - Learn MoreShow Less
24 Mo CD
1.37% $500 - Learn MoreShow Less
36 Mo CD
1.59% $500 - Learn MoreShow Less
48 Mo CD
1.80% $500 - Learn MoreShow Less
60 Mo CD
2.21% $500 - Learn MoreShow Less

Loan Rates - January 20, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for LOCO

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More
Vantage Mortgage Group, Inc.
NMLS ID: 35986
License#: 35986
4.532% 4.500% 0.00 $993 $1,267 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender Rate (%) Monthly Payment Learn More

Note to LOCO
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Loco branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


Loco Locations

Financial Details

Loco Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Loco. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Loco U.S. Average
3.76% 5.78

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2018, Loco had $263,073 in non-current loans and $25,922 in owned assets. To cover these potential losses it had $7,232,756 in net worth and $459,680 in loans loss reserves. That gives it a Texas Ratio of 3.76%.

Net Worth
Loco U.S. Average
14.84% 13.21%

Loco FCU has a net worth of 14.84% versus the BestCashCow average of 13.21. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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*All images, logos and public notes on this page appear courtesy of LOCO and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.