TellerScore

Headquartered in Sterling Height, Michigan, The Local Credit Union is a federally insured state-chartered credit union with $106.6M in total assets and $89.9M in member shares and deposits as of Q2 2026. It operates 1 office. Its charter dates back to 1949.

Based on its Q2 2026 filing, The Local Credit Union scores 92/100, which we describe as very strong. That is higher than 97% of 1,341 credit unions with $100 million – $1 billion. Among 169 credit unions headquartered in Michigan, it ranks 8th. Its strongest component is capital cushion (100/100; 16.07%), and its lowest is earnings (74/100; 1.35%).

TellerScore · Q2 2026

Scorecard

Capital cushion100/100
Net worth ratio: 16.07%
Loan quality91/100
Loans 60+ days delinquent ÷ total loans: 0.26%
Earnings74/100
Return on assets (annualized): 1.35%
Funding & liquidity100/100
Loans ÷ shares: 46.7% · 7.5% uninsured
Problem-loan coverage99/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 0.65%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 12 points (80 → 92), mostly because the earnings component improved by 34 points.

TellerScore
788592Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTellerScore
Q2 202479
Q3 202479
Q4 202478
Q1 202580
Q2 202580
Q3 202585
Q4 202585
Q1 202692
Q2 202692
Net worth ratio
7.00%11.54%16.07%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterNet worth ratio
Q2 202414.67%
Q3 202415.19%
Q4 202415.25%
Q1 202514.76%
Q2 202515.24%
Q3 202515.54%
Q4 202515.58%
Q1 202615.04%
Q2 202616.07%
Delinquent loans (60+ days)
0.24%0.60%0.96%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterDelinquent loans (60+ days)
Q2 20240.79%
Q3 20240.85%
Q4 20240.96%
Q1 20250.65%
Q2 20250.94%
Q3 20250.39%
Q4 20250.56%
Q1 20260.24%
Q2 20260.26%
Return on assets
0.27%0.81%1.35%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterReturn on assets
Q2 20240.35%
Q3 20240.30%
Q4 20240.29%
Q1 20250.27%
Q2 20250.50%
Q3 20250.57%
Q4 20250.73%
Q1 20261.29%
Q2 20261.35%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202692$106.6M16.07%0.26%1.35%46.7%
Q1 202692$109.2M15.04%0.24%1.29%45.1%
Q4 202585$105.4M15.58%0.56%0.73%47.2%
Q3 202585$103.9M15.54%0.39%0.57%48.3%
Q2 202580$104.7M15.24%0.94%0.50%48.6%
Q1 202580$106.8M14.76%0.65%0.27%47.8%
Q4 202478$102.9M15.25%0.96%0.29%51.7%
Q3 202479$103.2M15.19%0.85%0.30%52.2%
Q2 202479$106.5M14.67%0.79%0.35%51.1%

1,341 peers · $100 million – $1 billion

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio16.07%
90th
Problem loans0.26%
85th
Net charge-offs0.42%
43rd
Return on assets1.35%
83rd
Loans to deposits46.7%
93rd
Uninsured deposits7.5%
34th
Loan-loss reserves0.00%
50th
Texas ratio0.6%
93rd

Similar-size credit unions in Michigan

InstitutionScoreAssetsCapitalProblem loansCompare
Great Lakes First Federal Credit UnionCredit union Escanaba, MI66 out of 100, Moderate$105.4M10.3%1.15%vs
Route 31 Federal Credit UnionCredit union Muskegon, MI79 out of 100, Strong$104.6M13.2%0.41%vs
Total Community Credit UnionCredit union Taylor, MI97 out of 100, Very strong$111.3M15.3%0.36%vs
Compass Credit UnionCredit union Sparta, MI74 out of 100, Strong$101.1M10.8%0.56%vs
Marquette Community Federal Credit UnionCredit union Marquette, MI92 out of 100, Very strong$117.0M14.9%0.85%vs
Circle Federal Credit UnionCredit union Niles, MI68 out of 100, Moderate$117.4M9.1%0.25%vs

Deposit insurance

Is my money safe at The Local Credit Union?

Yes. The Local Credit Union is a federally insured credit union (NCUA charter #63342). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 7.5% of shares and deposits ($6.8M) are above the $250,000 NCUA insurance limit, close to the peer median of 6%. Insured balances are protected regardless of the score.

The net worth ratio is 16.07%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

1 location

Branches

The Local Credit Union lists 1 office in 1 city. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
The Local Credit Union
Type
Federally insured state-chartered credit union
NCUA charter #
63342
RSSD ID
207292
Primary regulator
State + NCUA
Established
1949
Headquarters
39139 Mound Road, Sterling Height, MI 48310
Employees
21

Quick answers

The Local Credit Union: common questions

Is The Local Credit Union NCUA insured?

Yes. The Local Credit Union is a federally insured credit union (NCUA charter #63342). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is The Local Credit Union's TellerScore?

92 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does The Local Credit Union have?

1 office as of the latest NCUA data.

Nearby

Highest-scoring banks and credit unions with branches near Sterling Height

InstitutionScoreAssetsCapitalProblem loansCompare
JPMorgan Chase Bank, DearbornBank Dearborn, MI94 out of 100, Very strong$71.5M99.6%0.00%vs
I.M. Detroit District Credit UnionCredit union Detroit, MI93 out of 100, Very strong$1.9M28.1%0.00%vs
Electrical Workers Local 58 Credit UnionCredit union Detroit, MI90 out of 100, Very strong$21.4M12.2%0.09%vs
Jessop Community Federal Credit UnionCredit union Washington, PA87 out of 100, Very strong$34.1M13.8%0.38%vs
Cha-Tel Federal Credit UnionCredit union Charleston, WV86 out of 100, Very strong$11.5M13.6%0.04%vs
Ukrainian Selfreliance Michigan Federal Credit UnionCredit union Warren, MI83 out of 100, Strong$140.0M13.5%0.39%vs