Local Bank is a bank based in Tuscaloosa, Alabama, established in 1914, with $105 million in total assets across 3 branches. By Trust Grade it ranks 87th of 93 banks we track in Alabama. Its capital ratio of 16.4% is stronger than 93% of similarly sized banks, versus a Alabama median of 10%. It posted a loss over the most recent period (-2.19% return on assets), a point to watch. No consumer complaints against Local Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Local Bank compares to Alabama peers
How we graded Local Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (16.4% capital ratio)
- Unprofitable over the period (ROA -2.19%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Local Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 205 Mcfarland Cir N, Tuscaloosa, AL 35406
- 29607 Main St, Red Level, AL 36474
- 2204 Whitesburg Drive Sw, Huntsville, AL 35801
Are deposits at Local Bank insured?
Yes. Local Bank is an FDIC-insured bank (FDIC certificate #9614). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Local Bank: frequently asked questions
Is Local Bank a good bank?
Local Bank earns a Bankzia Trust Grade of C (73/100, "Average"), based on a financial-strength score of 73/100 (it has no CFPB complaints on record). Strongly capitalized (16.4% capital ratio); Unprofitable over the period (ROA -2.19%).
Is Local Bank FDIC-insured?
Yes. Local Bank is a FDIC-insured bank (FDIC certificate #9614). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Local Bank?
Local Bank holds $105 million in total assets, ranking 87th of 93 banks we track in Alabama. It operates 3 branches.
Does Local Bank have CFPB complaints?
No CFPB complaints against Local Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
