THE LOCAL credit union
BankingMichigan, United States11-50 Employees
The Local Credit Union is a Michigan-based financial cooperative operating as a community-oriented bank in Sterling Heights. It serves middle-class workers organized under a collective bargaining agreement and follows the principles of its 1949 charter. The credit union offers a full range of financial products similar to those available at larger banks, while striving to keep rates reasonable to encourage thrift among members. Its membership targets middle-class working families and union workers, with locals headquartered in Wayne, Oakland, and Macomb counties. In June 2023, it announced a partnership with Mobile Meals of Southern Arizona to support hunger-relief initiatives.