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THE LOCAL CREDIT UNION
THE LOCAL CREDIT UNION
| RSSD ID 207292 | CHARTER 63342 |
| 39139 Mound Road |
Quarter Ended : |
2025-06-30 |
| Sterling Height, MI, 48310-2737 |
Agency Update : |
2025-07-25 |
| http://www.thelocalcreditunion.com |
| Institution Profile |
| Chartered : |
1949 |
Institution Type : |
Credit Union |
| Credit Union Type : |
State |
Federal Regulator : |
NCUA |
| Membership Type : |
State chartered natural person credit union |
| Statistical Area (MSA) : |
Not Available |
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| Number of Offices : |
0 |
| Current Members : |
9,793 |
Potential Members : |
3,949,173 |
| Full-time Employees : |
21 |
Part-time Employees : |
0 |
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| Financial Fast Facts |
| Balance Sheet |
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Income Statement (ytd) |
| Total Assets | 104,675,064 |
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Total Interest Income | 2,168,992 |
| Total Liabilities | 90,066,218 |
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Total NonInterest Income | 851,286 |
| Total Shares and Deposits | 89,383,875 |
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Total Interest Expense | 309,056 |
| Total Equity | 15,909,815 |
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Total NonInterest Expense | 2,197,889 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 15,963,735 |
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Total Number | 3,478 |
| Net Worth Ratio | 15.24 |
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Total Amount | 43,409,639 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 35 |
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Total Delinquent(60+ Days) Amount | 406,878 |
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