Local Bank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Tuscaloosa, Alabama, established in 08/01/1914. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 2 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Local Bank reported total assets of $52,189 and manages deposits totaling $35,908 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $-211 thousands last year. For more details, visit their website at www.mylocal.bank.
Bank Information:
- Bank Name: Local Bank
- Address: 205 Mcfarland Cir N, Tuscaloosa, Tuscaloosa, AL, 35406
- Website: www.mylocal.bank
Classification and Operations:
- State: Alabama
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 2
- Number of Foreign Offices: 0
- Total Assets: $52,189
- Total Deposits: $35,908
- Domestic Office Deposits: $35,908
Financial Data:
- Net Income (Attributable to Bank): $-211
Establishment and Record:
- Established Date: 08/01/1914
- Last Recorded Data on: 04/12/2024