P.O. Box 560303
Dallas, TX 75356
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 0.50% 1.05% →
2-Year CD 0.70% 1.11% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 2.88% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

The Local is an NCUA insured institution located in Dallas, TX. It was founded in 1977 and has approximately $23.5 millions in assets.

NCUA Insured Yes
Charter Number # # 22747
Date Established 1977
Assets $23.50 million
Loans $18.58 million
Deposits $18.36 million
Capital $4.44 million

Deposit Rates - August 15, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.70% $100,000 $199,999 Learn More
36 Mo CD
0.85% $10,000 $14,999 Learn More
36 Mo CD
0.85% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 15, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for THE LOCAL

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
NMLS ID: 2890
License#: MC-3098
2.914% 2.875% 0.50 $1,250 $1,038 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

To upload and update your bank's rates please register. It is free to register and add rates.


Below are The Local branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

The Local Locations

Financial Details

The Local Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Local. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
The Local U.S. Average
4.47% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, The Local had $187,863 in non-current loans and $18,500 in owned assets. To cover these potential losses it had $4,444,559 in net worth and $171,808 in loans loss reserves. That gives it a Texas Ratio of 4.47%.

Net Worth
The Local U.S. Average
18.91% 13.61%

The Local FCU has a net worth of 18.91% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About The Local

Branches and Savings

What is The Local?

A federal credit union, registered with the NCUA under certificate #22747.
Learn more about credit unions here.

Is The Local FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join The Local?

Please see Field of Membership information above for information on who is eligible to join.

What are The Local's share account and share certificate rates?

The Local's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is The Local?

The Local has total capital of $4.44 million. Full information on The Local's financial position is located above.

Who owns The Local?

Credit Unions are owned by their members.

Where are The Local branches located?

See branch locations nearby.

Are The Local ATMs Open 24/7?

Do The Local ATMs accept cash deposits?

Can The Local customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does The Local have a mobile app?

Does The Local have mobile deposit?

Does The Local have quick pay?

How can The Local transfer money to other banks or credit unions?

Does The Local report to credit bureaus?

Does The Local use Chexsystems?

Does The Local use Equifax?

What is The Local's toll free phone number?

What is The Local's ACH Routing Number?

What is The Local's SWIFT code?

Where can I find The Local's wire transfer form?

What is the The Local address for deposits?

What Products Does The Local Offer

Does The Local offer mortgages?

Compare mortgage rates here.

Does The Local offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Local offer auto and RV loans?

Compare auto loan rates here.

Does The Local offer student loans or personal loans?

Compare personal loan rates here.

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