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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
Number of Offices : 0
Current Members : 9,793 Potential Members : 3,949,173
Full-time Employees : 21 Part-time Employees : 0

Financial Reports
Statement of Financial Condition Report
Statement of Income and Expense Report
:· All Financial Reports ...

Financial Fast Facts
Balance Sheet
Income Statement (ytd)
Total Assets104,675,064
Total Interest Income2,168,992
Total Liabilities 90,066,218
Total NonInterest Income851,286
Total Shares and Deposits89,383,875
Total Interest Expense309,056
Total Equity 15,909,815
Total NonInterest Expense2,197,889



PCA Net Worth
Loans & Leases
Total Net Worth15,963,735
Total Number3,478
Net Worth Ratio15.24
Total Amount 43,409,639
Net Worth ClassificationWell Capitalized
Total Delinquent(60+ Days) Number35


Total Delinquent(60+ Days) Amount406,878





 

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Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury