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Loco

P. O. BOX 1743, Alamogordo, NM 88311
NCUA Insured2.4 (29 reviews)2 charter

Verified Information

NCUA Insured

Member-Owned

2 charter

Established in 1953

Contact this credit union directly for detailed information about membership eligibility and current rates.

Location & Directions

Address

P. O. BOX 1743

Alamogordo, NM 88311

Service Area

This credit union is located in Alamogordo and serves members in the NM area. Currently serving 4,167 members.

Membership Info:

Contact the credit union to confirm membership eligibility requirements for your area.

Note on Membership

Credit union membership is based on a common bond. Contact this credit union directly to confirm you qualify for membership.

Financial Health

Q4 2025 · NCUA

Key indicators from NCUA regulatory filings. Tap any metric to learn what it means.

Source: NCUA Federally Insured Credit Unions list, Q4 2025.

Loan Rates

Rates sourced from NCUA call report data (Q4 2025). Contact the credit union for current rates and terms.

New Auto Loan

14.50%

Used Auto Loan

13.50%

Personal Loan

18.75%

Credit Card APR

13.90%

Important: Rates are sourced from NCUA call report filings (Q4 2025) and reflect averages reported by the credit union — not guaranteed quotes. Contact the credit union directly for current rates and terms.

Your actual rate will vary based on your credit score, loan term, and financial profile. Personal loans and credit cards tend to see the most variation.

Best Rates in NM

Lowest rates currently reported by credit unions in NM (NCUA Q4 2025).

Rates from NCUA regulatory filings. Contact credit unions directly for current rates.

Branches & Locations(1 total)

Member Reviews

2.4

29 Google reviews

Reviews sourced from Google Maps. Ratings reflect member experiences at this credit union.

View on Google Maps
Chris Beaty

Chris Beaty

8 months ago

They will screw you on your auto loan!! Everybody who is actually good there left for a reason! And then they will go a year not charging you to have an account and then all the sudden start charging you for it again right about the time they know that it's going to create them getting more money for putting you in a hole! There's a reason I no longer bank with them!

Ryan Nugent

Ryan Nugent

9 months ago

Absolutely horrible, customer service does not care. I have came in and took a hour drive twice, to be told no loan officers are available and we won't have one for a few weeks. I have used loco before for my loans and car loans. Now that im back hime the place went to crap. If you call and dont have an account you have to wait for the end of the 5 min min recording...then you dont even get greeted. Its please hold and click and they hang up and you have to call back all the over again. Needless to say I went to otero credit union and got a loan and car with in 6 hours. These people are easy to get loans with but there is a price and its called sanity and no service, as you can see with there 2.6 start rating. Im very disappointed. Also notice how they only have the decency to reply good reviews only, and from the comments I would definitely say they no longer care about there customers or doing better. There just here for the money, and they cant even handle that correctly, what bank doesn't even staff loan officers..that 80 percent of the banks profit.

Jessica Silva-Smith

Jessica Silva-Smith

a year ago

Zero stars would be more appropriate! I’ve financed four cars through this place over the years, but ever since the main staff retired, it’s gone downhill fast. On one of my current loans, they were deducting a $145 monthly fee for "no insurance"—something I didn’t even notice at first since my payments are set to autopay. Shaina, who is supposedly the “insurance specialist,” told me that unless my insurance company provided a letter explicitly stating they made a clerical error by not listing the vehicle, I wouldn’t be reimbursed. I contacted my insurance company, and they sent me a letter proving I had coverage during all the months I was being charged. I forwarded it to Shaina—but after two weeks, still no response. I eventually sent a follow-up email and included upper management. Only then was I given a number to a third-party company that actually handles those charges. They resolved the issue the same day. This place is a joke. If I hadn’t followed up and escalated the issue, they would’ve just kept my money.

josh reed

josh reed

6 months ago

Bad customer service. Just money hungry people anymore. Been a customer for a long time and this is how I get treated by them. I tried to stay in touch but when no one answers a phone during the day but can call you 5 mins before they close is just ridiculous.

adam tucker

adam tucker

a year ago

I wish I could give negative stars. My father passed away in January of this year. When I went to close his account, they would not let me even though my address was where they knew he lived. First, they sent back his January ssi deposit that he recived February 3rd Then, slowly, every month, they took out these mysterious fees until they had drained his account. This place is a fraud and should lose their license. By reading the other reviews, I see I am not alone. Taking a dead man's money even though they knew he had passed. Then, he wouldn't close the account and send the money to his eldest son at the address where they send everything else. I guess I am secure enough to balance the account and maintain it but not secure enough to close the account. DONT TRUST YOUR MONEY HERE.

Contact Tips

Best Time to Call

Weekdays 9am–4pm typically have the shortest wait times for new member inquiries.

What to Ask

  • • Current loan rates & terms
  • • Membership eligibility requirements
  • • Minimum deposit to open an account
  • • Online & mobile banking features

NCUA Insured

Your deposits are federally insured up to $250,000 per account category by the National Credit Union Administration (NCUA).