State credit union · Farmington, Michigan · NCUA charter #61404
LOC
Health score 91/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 91
- Health / 100
- $467.0M
- Total assets
- 27,710
- Members
- 10.0%
- Net-worth ratio
LOC scores 91/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $467.0M; members 27,710; net-worth ratio 9.95%; health rank #990 of 4,374; healthier than 77th of scored peers.
NCUA 5300 Call Report masthead
NCUA 5300 Call Report Masthead
#990 of 4,374 health · 2025Q4LOC · health 91/100 · $467.0M · 2025Q4
- HEALTH 91/100
- NW 10.0%
- DELQ 0.48%
- ROA 0.81%
- ASSETS $467.0M
- MEM 27,710
- RANK #990/4,374
- PHOTO WIDGET
- BOOK 61404
Call Report peers
LOC in the assets neighbourhood
LOC's $467.0M assets sit next to WIDGET ($467.5M) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
LOC vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
91 Top 23% higher than 77% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
LOC - Share Insurance Coverage
Charter #61404's composite supervisory bracket and risk-based capital, as reported in the 2025Q4 NCUA Call Report. See our deposit-insurance coverage note for how NCUSIF protection works.
LOC vs $100M–$500M peers
- Largest favorable gap: Delinquency Rate at 0.48% vs peer 0.89% (-0.42 pp).
- Largest lag: Loan-to-Share Ratio at 60.72% vs peer 72.20% (-11.48 pp).
Peer averages are NCUA 5300 means for the $100M–$500M cohort (1069 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
LOC in Michigan
- Michigan health ordinal: #42 of 171.
- Michigan assets place: #48 of 171.
- Membership ranks #48 of 171 among Michigan CUs with a reported count (27,710 members).
In-state ordinals use the live credit_unions table for MI only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
How LOC's 5300 filing moved
LOC: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +3.5% from $467.0M (2025Q4) to $483.4M (2026Q1).
- Net-worth ratio shifted -0.08 pp (10.03% → 9.95%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
At 9.95%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
How the 91/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 91.
- Net Worth Ratio 29.9 pts
- Delinquency Rate 25.0 pts
- Return on Assets 15.0 pts
- Member Growth 8.5 pts
- Loan-to-Share Ratio 12.6 pts
Call Report ratios for LOC
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 9.95% | -2.16 pp |
| Delinquency Rate | 0.48% | -0.42 pp |
| Return on Assets | 0.81% | +0.19 pp |
| Member Growth | -0.26% | - |
| Loan-to-Share Ratio | 60.72% | -11.48 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
LOC quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $483.4M | - |
| 2025Q4 | $467.0M | 27,710 |
| 2024Q4 | $445.9M | 27,782 |
| 2023Q4 | $434.9M | 27,987 |
Credit Union Details
- Charter Number
- 61404
- Type
- State
- Field of Membership
- Other
- Peer Group
- $100M–$500M
- State
- Michigan
- City
- Farmington
- Data Quarter
- 2025Q4
Branch Locations (6)
The NCUA branch filing lists 6 physical offices for LOC, spread across 5 cities.
| Office | City |
|---|---|
| Farmington (Main Office) | Farmington, MI |
| Brighton | Brighton, MI |
| Chase Road | Dearborn, MI |
| Telegraph Road | Dearborn, MI |
| Hartland | Hartland, MI |
| Howell | Howell, MI |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Michigan
A look at other Michigan credit unions, ranked by how closely their peer group and asset size match this one.
Other-state peers near LOC
Two NCUA Call Report peer sets for LOC, both outside Michigan so the neighborhoods are not state containment (the Nearby list above stays in-state).
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($467.0M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (91/100 here).
Using this data
- LOC ranks #990 of 4,374 nationally on financial health and #42 of 171 in MI -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Cornerstone Community Financial is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Cornerstone Community Financial
- Rates and health both vary by institution, not just by state -- see how Michigan credit unions compare overall before assuming this one is typical. Michigan state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is LOC financially healthy?
LOC scores 91/100 (Excellent) on financial health, per the NCUA 5300 Call Report for Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #990 of 4,374; by total assets it ranks #786 of 4,374 nationally (same basis as /rankings/largest); and #48 of 171 within Michigan. Anything above 80 is considered excellent, anything below 50 may need closer monitoring - this score reflects a 9.95% net worth ratio and a 0.48% delinquency rate.
How does LOC compare to other credit unions?
91/100 is LOC's score on PlainCU's health composite, compared to a peer group average for $100M–$500M credit unions, built from five weighted NCUA metrics - net worth ratio at 30%, delinquency rate at 25%, return on assets at 15%, member growth at 15%, and loan-to-share ratio at 15%.
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join LOC?
Membership eligibility for LOC depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact LOC directly for current membership requirements and application steps.
Is my money safe at LOC?
Federal credit unions like LOC are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. LOC's net worth ratio of 9.95% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does LOC offer compared to banks?
Credit unions like LOC are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact LOC directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.