Type of Accounts

Regular Share Savings

  • ATM Card

  • Minimum deposit $25.00

  • Dividends are calculated on a balance of $100.00 daily and paid monthly

Club Accounts

  • Christmas Club – savings program to assist you with the holidays

  • Vacation/Travel Clubs – planning for a special trip? Start saving now and be ready for that special occasion

  • Dividends are calculated on a balance of $100.00 daily and paid monthly

Certificates of Deposit

  • Minimum deposit $500.00

  • Dividends are calculated on the daily balance and paid monthly or at maturity, whichever comes first

  • Interest penalty for early withdrawal is 90 days forfeiture of dividend

Individual Retirement Accounts

  • TRADITIONAL or ROTH

  • $100.00 minimum deposit to open

  • No set fee

  • No annual fee

  • $25.00 minimum contribution

  • Interest penalty for early withdrawal is 90 days forfeiture of dividends

  • Dividends are calculated on the daily balance and paid monthly or at maturity, whichever comes first

  • Rollovers and Transfers Assistance

Checking

  • $100.00 minimum deposit

  • Free online banking

  • MasterCard® debit card

  • Monthly statements

  • Complimentary checks (First check order)

  • Monthly service fee of $4.50 if balance falls below $300.00

  • No per check charge

EZCard

Say Goodbye to High-Interest Rate Credit Cards!

If you aren’t carrying an LOCO Credit Union MasterCard® credit card, you’re paying higher interest and fees than necessary. With an LOCO Credit Union MasterCard® credit card, you receive a low rate – as low as 13.90 %– no cash advance or balance transfer fees, and a host of card benefits included at no charge.

Go To My Card

LOCO Credit Union Visa® – Go To My Card - An easy way to pay your Visa® bill each month.

Dear Valued Member,

Starting January 2015, all MasterCard® credit cards have an introductory rate for the first six months at 1.99% before changing to our normal fixed rate of 13.90%. You can combine balances to one card using our SUPER LOW RATE! Used credit cards for the holidays? You’re sure to pay off that debt even faster using our No Annual Fee, No Balance Transfer Fee, and no retroactive interest MasterCard®! Fill out an application today! 

Sincerely,
Shaina
Member Service Representative

LOCO Credit Union
808 Washington Ave
Alamogordo, NM 88310
Phone: (575) 437-3110 EXT 142
Fax: (575) 488-1001
Email: shaina@lococreditunion.com

DO NOT MAIL PAYMENTS OR CONDUCT OTHER BUSINESS THROUGH THIS ADDRESS. IT IS USED ONLY BY THE AUDIT COMMITTEE FOR ACCOUNT VERIFICATION AND IS NOT CHECKED FOR DAILY BUSINESS.