Credit union · NCUA insured
The Local Federal Credit Union
A $25.2M credit union headquartered in Dallas, TX, with 4,006 members and 1 branch in Texas. Best rates: CDs 3.00% and savings 0.50% APY.
The Local Federal Credit Union Carrot Score
76
Carrot Score
Higher than 42% of U.S. banks and credit unions
#71 of 115 in Dallas, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About The Local Federal Credit Union
- Headquarters
- 8787 N Stemmons Fwy Ste 185, Dallas, TX 75247-3721
- NCUA charter
- 22747
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Family and household
- Any member of an existing member's immediate family can become a member.
Cost to join
- Joining requires opening a savings account with an initial share deposit of $25, which is held on deposit while a member.
Branches
1 branch in Texas
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Texas
1 branch
- The LOCAL FCUMain office8787 N Stemmons Fwy Ste 185, Dallas, TX 75247Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 21.18% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.57% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | -0.12% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $99 | $59 | — |
- CapitalNet worth ratio21.18%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.57%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets-0.12%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$99Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million 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 loans 60 or more days late.
Regulators’ own ratings of The Local Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.