Loco Credit Union

Loco Credit Union is a credit union in Alamogordo, New Mexico. It offers savings and checking accounts, youth and teen clubs, a Generation Now account, loan products, credit cards, and online services including online banking, bill pay, wire transfers, and insurance status checks. Members can apply for membership, credit cards, and loans, make payments, skip a payment, and use financial calculators. The credit union traces its origins to the early 1950s, when a small group of teachers organized a financial entity for teachers. Membership was open to school employees in Otero County, employees of the credit union, and members of their immediate families. In 1965, after a teacher from Ruidoso asked to join, the by-laws were amended to include the Lincoln County Schools in the field of membership. Charles Southard named the credit union L.O.C.O., which stood for Lincoln Otero Counties. The credit union's Alamogordo office is on Washington Avenue, about a tenth of a mile from Alamogordo City Hall, the Alamogordo Municipal Court, and the Alamogordo Public Library. North Washington Avenue and East 10th Street are both about two tenths of a mile away, and Garden Center Memorial Park is roughly the same distance. The credit union holds a rating of 2.40 based on customer reviews.