Locality Bank is a bank based in Fort Lauderdale, Florida, established in 2022, with $358 million in total assets across 1 branch. By Trust Grade it ranks 54th of 83 banks we track in Florida. Its capital ratio of 13.4% is stronger than 83% of similarly sized banks, versus a Florida median of 9.3%. It was profitable over the most recent period, with a 0.10% return on assets. No consumer complaints against Locality Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Locality Bank compares to Florida peers
How we graded Locality Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.4% capital ratio)
- Profitable (ROA 0.10%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Locality Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 1400 S Andrews Ave, Fort Lauderdale, FL 33316
Are deposits at Locality Bank insured?
Yes. Locality Bank is an FDIC-insured bank (FDIC certificate #59278). 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.
Locality Bank: frequently asked questions
Is Locality Bank a good bank?
Locality Bank earns a Bankzia Trust Grade of A (91/100, "Excellent"), based on a financial-strength score of 91/100 (it has no CFPB complaints on record). Strongly capitalized (13.4% capital ratio); Profitable (ROA 0.10%).
Is Locality Bank FDIC-insured?
Yes. Locality Bank is a FDIC-insured bank (FDIC certificate #59278). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Locality Bank?
Locality Bank holds $358 million in total assets, ranking 54th of 83 banks we track in Florida. It operates 1 branch.
Does Locality Bank have CFPB complaints?
No CFPB complaints against Locality 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.
