Save up to $453 with a LOC Federal Credit Union auto loan1

Datatrac just searched 1,423 banking locations in Detroit Metro and found that LOC Federal Credit Union's rate for a $25,000 auto loan beats the Detroit Metro average by up to 17% earning a Datatrac Great Rate Award and saving you as much as $453 over the life of the loan.

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A used car loan over 60 months with LOC Federal Credit Union is 17% lower and saves $453 in interest compared to the Detroit Metro Market Average.
LOC Federal Credit Union - Used Car - 60 Mo 3.24% APR2
Detroit Metro Market Average - Used Car - 60 Mo 3.91% APR2

About Datatrac

Datatrac is an independent, unbiased research firm that has monitored deposit and loan rates, fees and product features for over 25 years on more than 225,361 financial institutions locations in America. Datatrac Great Rate Awards certify that deposit and loan rates outperform the market average for comparable products.  www.datatrac.net

  1. $453 is the difference between the amount paid in interest between LOC Federal Credit Union's rate at 3.24% APR compared to 3.91% APR for the Detroit Metro market average over the life of a $25,000 auto loan over 60 months.
  2. APR=Annual Percentage Rate. Datatrac’s comprehensive, unbiased research and analysis is updated each business day and is conducted independent of any financial institution.  There is no guarantee that you will receive the rates or terms displayed herein. Actual rates and terms are in the full discretion of the financial institution and are subject to your credit rating and other factors. Please contact LOC Federal Credit Union directly with any questions regarding their current rates and terms.