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
Call Report peers
LOC in the assets neighbourhood
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
The busiest band is 85-89 (858 credit unions); LOC sits in 90-94 with 747 others.
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 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).
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).
- One place up in Michigan, Dowagiac Area (#41) ties at 91/100; one place down, People Driven (#43) ties at 91/100.
How LOC's 5300 filing moved
LOC: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +3.5% from $467.0M (2025Q4) to $483.4M (2026Q1).
- Net-worth ratio shifted -0.08 pp (10.03% → 9.95%).
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
LOC gives up 9 points in total. Member Growth costs the most, 6.5 of its 15; Delinquency Rate and Return on Assets score full marks.
- 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 |
Peer averages: $100M–$500M cohort, 1069 credit unions, 2025Q4 filing.
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
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
Frequently Asked Questions
Is LOC financially healthy?
LOC has a financial health score of 91/100 (Excellent) from its 2025Q4 NCUA 5300 Call Report. It ranks #990 of 4,374 nationally on health and #42 of 171 in Michigan. Its net worth ratio is 9.95% and its delinquency rate 0.48%.
How does LOC compare to other credit unions?
LOC scores 91/100, higher than 77% of the 4,374 scored credit unions. Against the 1069 peers in the $100M–$500M cohort, its widest edge is delinquency rate (0.48% vs 0.89%). Its widest shortfall is loan-to-share ratio (60.72% vs 72.20%).
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?
LOC is a state-chartered credit union; its shares are federally 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."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.