THE LOCAL Credit Union Profile

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THE LOCAL

Charter #22747 | NCUA Region 2 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (214) 638-0404

Fax: (214) 638-0068

Founding Date: N/A

Website: http://www.thelocalfcu.com

Personnel & Operations

President: Compton, Ralph

Manager: Ratliff, Jim

FT Employees: 12

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 52

Branches: 1

Hours: 8:30-4:30 Mon-Fri

Credit Union Profile Summary

THE LOCAL is a FCU Credit Union. With a total of 4,389 members [1], this institution manages approximately $24,563,315 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 21.74% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.19% [1].

Financial Snapshot

Total Assets [1]
$24,563,315

Total economic resources.

Total Loans [1]
$21,441,877

Total value of outstanding loans.

Total Deposits [1]
$18,436,511

Total funds deposited by members.

Members [1]
4,389

Number of active members.

Performance Ratios

Net Worth Ratio [1]
21.74%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.35%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
116.30%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -3.74%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -3.19%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 0.00%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

8787 N Stemmons Fwy Ste 185

Dallas, TX, 75247-3721
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 2 branches reported by THE LOCAL (Charter #22747).

Main Office

The LOCAL FCU Main Office

Type: Corporate Office

8787 N Stemmons Fwy Ste 185

Dallas, TX 75247-3721

Phone: (214) 638-0404

Services: Member Services, ATM

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Additional Branches

Irving

Disaster Recovery

Type: Corporate Office

1408 W Pioneer Dr

Irving, TX 75061-7114

Phone: (972) 259-1233

Services: None specified

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