Bank · FDIC insured
Local Bank
A $463.1M bank headquartered in Hulbert, OK, with 7 branches in Oklahoma. Best rates: savings 0.75% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: no accounts of this kind found on its website. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- Savings820.75%at $1,000Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Local Bank
Local Bank was founded in 1907 by a group of prominent members of the Cherokee Nation.
In 1996, the bank was acquired by another group of Cherokee Nation members and operates as a Native-owned and Native-led institution.
The bank operates six locations across Oklahoma, serving Tahlequah, Park Hill, Hulbert, Grove, Sallisaw, and Muskogee.
- Headquarters
- 385 E Main St, Hulbert, OK 74441
- FDIC certificate
- 2327 ↗
Branches
7 branches in Oklahoma
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Oklahoma
7 branches
Tahlequah area · 3
- Local BankMain office385 E Main St, Hulbert, OK 74441Directions
- Park Hill Branch4715 S Muskogee Ave, Tahlequah, OK 74464Directions
- Plaza Branch125 E 1st St, Tahlequah, OK 74464Directions
Muskogee area · 2
- Muskogee Branch301 W Broadway St, Muskogee, OK 74401Directions
- Muskogee Branch301 W Broadway St, Muskogee, OK 74401Directions
Grove area · 1
- Grove Branch240 E 3rd St, Suite H, Grove, OK 74344Directions
Fort Smith area · 1
- Sallisaw Branch100 S Kerr Blvd, Sallisaw, OK 74955Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 11.35% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.52% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.34% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $92 | $81 | — |
- CapitalLeverage ratio11.35%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.52%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.34%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$92Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Local Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.