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
Call Report peers
The Local in the assets neighbourhood
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
The busiest band is 85-89 (858 credit unions); The Local sits in 75-79 with 502 others.
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
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%).
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).
- One place up in Michigan, United Bay Community (#141) scores 80/100, 1 point higher; one place down, Total Community (#143) ties at 79/100.
Quarter path for The Local
The Local: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +3.6% from $105.4M (2025Q4) to $109.2M (2026Q1).
- Net-worth ratio shifted -0.54 pp (15.58% → 15.04%).
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
The Local gives up 21 points in total. Member Growth costs the most, 12.3 of its 15; Net Worth Ratio scores full marks.
- 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 |
Peer averages: $100M–$500M cohort, 1069 credit unions, 2025Q4 filing.
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
Similar total assets
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
Frequently Asked Questions
Is The Local financially healthy?
On its 2025Q4 NCUA 5300 filing, The Local scores 79/100 (Very Good), with a 15.04% net worth ratio and 0.56% of loans delinquent. It ranks #2,838 of 4,374 nationally on health and #142 of 171 in Michigan.
How does The Local compare to other credit unions?
The Local scores 79/100, higher than 33% of the 4,374 scored credit unions. Against the 1069 peers in the $100M–$500M cohort, its widest edge is net worth ratio (15.04% vs 12.11%). Its widest shortfall is loan-to-share ratio (47.18% vs 72.20%).
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?
The Local is a state-chartered credit union; its shares are federally 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."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.