State credit union · Sterling Height, Michigan · NCUA charter #63342
The Local
Health score 79/100, grade B (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 79
- Health / 100
- $105.4M
- Total assets
- 9,658
- Members
- 15.0%
- Net-worth ratio
The Local scores 79/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $105.4M; members 9,658; net-worth ratio 15.04%; health rank #2,838 of 4,374; healthier than 33rd of scored peers.
NCUA Call Report stamp band
NCUA 5300 Call Report Masthead
#2,838 of 4,374 health · 2025Q4The Local · health 79/100 · $105.4M · 2025Q4
- HEALTH 79/100
- NW 15.0%
- DELQ 0.56%
- ROA 0.29%
- ASSETS $105.4M
- MEM 9,658
- RANK #2,838/4,374
- PHOTO Archer Cooperative
- BOOK 63342
Call Report peers
The Local in the assets neighbourhood
The Local's $105.4M assets sit next to Archer Cooperative ($105.4M) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
The Local vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
79 33rd percentile higher than 33% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
The Local - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #63342: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Peer-gap read for The Local
- Largest favorable gap: Net Worth Ratio at 15.04% vs peer 12.11% (+2.93 pp).
- Widest shortfall vs peers is Loan-to-Share Ratio: -25.02 pp (47.18% vs 72.20%).
Peer averages are NCUA 5300 means for the $100M–$500M cohort (1069 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Michigan standing for The Local
- In Michigan, health place is #142 of 171 on the same NCUA-ratio sort used nationally.
- Michigan assets place: #110 of 171.
- Membership ranks #99 of 171 among Michigan CUs with a reported count (9,658 members).
In-state ordinals use the live credit_unions table for MI only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
Quarter path for The Local
The Local: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +3.6% from $105.4M (2025Q4) to $109.2M (2026Q1).
- Net-worth ratio shifted -0.54 pp (15.58% → 15.04%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
15.04% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 79/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 79.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 24.4 pts
- Return on Assets 11.8 pts
- Member Growth 2.7 pts
- Loan-to-Share Ratio 10.1 pts
The Local health metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 15.04% | +2.93 pp |
| Delinquency Rate | 0.56% | -0.34 pp |
| Return on Assets | 0.29% | -0.34 pp |
| Member Growth | -3.52% | - |
| Loan-to-Share Ratio | 47.18% | -25.02 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
Call Report history - The Local
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $109.2M | - |
| 2025Q4 | $105.4M | 9,658 |
| 2024Q4 | $102.9M | 10,010 |
| 2023Q4 | $106.0M | 11,185 |
Credit Union Details
- Charter Number
- 63342
- Type
- State
- Field of Membership
- Other
- Peer Group
- $100M–$500M
- State
- Michigan
- City
- Sterling Height
- Data Quarter
- 2025Q4
Branch Location
The NCUA branch filing lists a single physical office for The Local.
| Office | City |
|---|---|
| The Local Credit Union (Main Office) | Sterling Heights, MI |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Michigan
A look at other Michigan credit unions, ranked by how closely their peer group and asset size match this one.
Cross-state Call Report peers for The Local
Two NCUA Call Report peer sets for The Local, both outside Michigan so the neighborhoods are not state containment (the Nearby list above stays in-state).
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($105.4M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (79/100 here).
Using this data
- The Local ranks #2,838 of 4,374 nationally on financial health and #142 of 171 in MI -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Total Community is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Total Community
- Rates and health both vary by institution, not just by state -- see how Michigan credit unions compare overall before assuming this one is typical. Michigan state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is The Local financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, The Local carries a financial health score of 79/100 (Very Good). On the national health ranking (same basis as /rankings/healthiest), it sits at #2,838 of 4,374; by total assets it ranks #1,781 of 4,374 nationally (same basis as /rankings/largest); and #110 of 171 within Michigan. On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 15.04% net worth ratio and a 0.56% delinquency rate.
How does The Local compare to other credit unions?
PlainCU's health composite puts The Local at 79/100, compared to a peer group average for $100M–$500M credit unions. It's a weighted blend of five NCUA-reported figures: net worth ratio (30% of the score), delinquency rate (25%), return on assets (15%), member growth (15%), and loan-to-share ratio (15%).
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join The Local?
Membership eligibility for The Local depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact The Local directly for current membership requirements and application steps.
Is my money safe at The Local?
Federal credit unions like The Local are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. The Local's net worth ratio of 15.04% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does The Local offer compared to banks?
Credit unions like The Local are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact The Local directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.