Help teach your student the value of saving with LOC!
Farmington STEAM Academy Credit Union opens October 12, 2018.
In 1995, LOC Federal Credit Union opened its first student-run credit union in Farmington Hills. Today, LOC is a proud partner with Farmington Public Schools, Hartland Consolidated Schools and the Howell Public School District and operates 21 in-school branches.
For 13 years, LOC Federal Credit Union has operated a full-service, student-run branch at Highmeadow, which is now Farmington STEAM Academy. Student employees gain hands-on experience on how to run a branch and they perform duties of the various positions available at a financial institution. They are also taught real-life work skills, such as
- Resume writing and interviewing techniques
- Professionalism and team work
- Development of responsibility and leadership skills
- Increased student confidence
- Counting money efficiently
- Financial education classroom presentations
- Importance of having healthy savings habits
- Interpersonal and communication skills
- Increased math skills and more.
Not only does this program teach valuable skills to students working the credit union, this also gives all students real-life lessons in savings and finance.
All students, staff, and parents at Farmington STEAM Academy are eligible to open an LOC account through the student-run credit union. Farmington STEAM Academy Credit Union is open Friday mornings from 7:35am – 8:05am and operates under the direction of Naomi Johnson, Marketing and Business Development Associate at LOC.
To open an account, access the links below to print and complete an application and return to Ms. Johnson on Fridays between 7:35am – 8:05am or go directly to LOC’s website to begin the account application process online.
For a full list of student-run branch locations and operational hours, visit locfederal.com/cuatschool.
For additional information or with further questions, contact:
Naomi Johnson, Marketing & Business Development Associate at LOC
Robin Prina, 3rd grade teacher