THE LOCAL
State-Chartered • Sterling Heights, Michigan • Est. 1949
Quick Facts
- Charter Number
- #63342
- Type
- State-Chartered
- Established
- 1949
- Headquarters
- Sterling Heights, Michigan 48310-2737
- Address
- 39139 Mound Rd
- Branches
- 1
- ATMs
- 1
- Members
- 9,526
- Membership Type
- Community
CUScore Financial Grade
Based on Q1 2026 NCUA Call Report data
Under CUScore's rules, this institution reports a net worth ratio of at least 10% and a delinquency rate below 1%. This simplified grade is informational, is not an official NCUA rating, and does not determine regulatory or deposit-insurance status.
Financial Overview
Total Assets
Members
9,526 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | THE LOCAL |
|---|---|
| Total Assets | $109.2M |
| Members | 9,526 |
| Loans Outstanding | $41.7M |
| Shares & Deposits | $92.5M |
| Net Worth | $16.4M |
| Net Worth Ratio | 15.04% |
| Loan-to-Share Ratio | 45.1% |
| Delinquency Rate | 0.24% |
| Net Income | +$0 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
Branch Locations
1 location · 1 ATMs
The Local Credit Union
Main Office39139 Mound Rd
Sterling Heights, MI 48310-2737
Who Can Join THE LOCAL?
Membership Type: Community
Membership eligibility for THE LOCAL may vary. Contact the credit union directly to confirm qualification requirements.
Contact THE LOCAL directly or visit their website for the most accurate and up-to-date membership eligibility information.
Find More Credit Unions in Michigan
Review the Q1 2026 statewide dataset, aggregate ratios, and institutions ranked by reported assets.
View Michigan RankingsFrequently Asked Questions
THE LOCAL is listed as federally insured in the Q1 2026 NCUA dataset. NCUA share insurance generally covers qualifying accounts up to the standard maximum amount, with coverage depending on account ownership categories. Verify current status and coverage for your accounts with the NCUA or the institution.
As of the Q1 2026 NCUA Call Report, THE LOCAL has 9,526 members and a potential membership field of 3,954,126 people.
THE LOCAL's reported net worth ratio is 15.04% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
THE LOCAL operates 1 branch location and has access to 1 ATMs. The main office is located at 39139 Mound Rd, Sterling Heights, MI 48310-2737.
THE LOCAL was established in 1949. It is a state-chartered credit union chartered under charter number 63342. The institution has been serving members for 77 years.
Data sourced from the NCUA Quarterly Call Report (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or THE LOCAL. All financial data is for informational purposes only.