Loco Credit Union

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A short history of Loco CU

Since its inception in 1953 the Loco Credit Union has been serving its members in the ALAMOGORDO, New Mexico area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Pam Vega, the Loco CU has grown its membership to over 4,847 with assets of more than $46,776,491. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (575) 437-3110 or email them at cindy@lococreditunion.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in ALAMOGORDO, NM.

General Information For Loco CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 66117
Address P. O. BOX 1743 
State New Mexico 
Zip-Code 88311
Phone Number (575) 437-3110
Fax Number (575) 437-5646
Email Address: cindy@lococreditunion.com
CEO/President Pam Vega
Members 4,847 
Full-Time Employees 14 
Part-Time Employees
Number of Branch Offices
Total Assets 46,776,491 
Website http://www.lococreditunion.com 

Compare Loco Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Otero CU Holloman Office PO BOX 1058 88311 (575) 434-8500 No 0.74

Loco Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Loco Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 13.90 9.76 11.00 7.13 5.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 493 624 771 441 317
Rank Among All New Mexico Credit Unions 22 36 33 22 14

Loco Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.35 N/A 1.00 1.41
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 81 N/A 174 106
Rank Among All New Mexico Credit Unions N/A 7 N/A 11 4
Loco Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 13.900367387,829
All Other Unsecured Loans/Lines of Credit 13.5306071,019,631
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 9.760681,306,243
Used Vehicle Loans 11.0001,66615,167,543
Total 1st Mortgage Real Estate Loans/Lines of Credit 7.1306112,495
Total Other Real Estate Loans/Lines of Credit 5.75014264,691
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 9.9701871,745,083
TOTAL LOANS & LEASES 2,91520,003,515

Loco Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 238,18800
    a. > 15 years 127,97800
    b. 15 Years or less 346,32900
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 14264,69100
Open-End Fixed Rate 0000
TOTALS 20377,18600


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Loco Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans No
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes