At a glance
From its website, read 2 Nov 2026Local Bank is a bank or thrift based in Hulbert, Oklahoma. Its website describes farm loans, auto loans, equipment loans and 3 other loan types. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (918) 456-3900 source |
|---|---|
| Phone | (918) 458-1223 source |
| Phone | (918) 772-2572 source |
| Apply online | Page with the application link |
| Website | www.localbank.com |
| Office (official list) | P O BOX 660, Hulbert, OK 74441 |
What their website says about applying
Apply online for a consumer loan today.
sourceTo apply for a loan, please visit one of our
sourceTo apply for a business loan please visit one of our
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Bank or thrift |
|---|---|
| Native CDFI | Yes |
| Date certified (as listed) | 16 Jun 2014 |
| RSSD ID | 815754 |
| Address | P O BOX 660, Hulbert, OK 74441 Directions to the main office (Google Maps) |
| Website | www.localbank.com |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. Product lists are short and no loan amounts or service area are stated on the pages fetched. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Agriculture / farm loans | — | Farm Loans | source |
| Auto / vehicle loans | — | Automobile Loans | source |
| Equipment loans | — | Equipment Loans | source |
| Home mortgages | — | We provide a variety of options from new home purchases to refinancing. | source |
| Personal / consumer loans | — | Consumer Loans | source |
| Small-business loans | — | Small Business Loans | source |
Loan sizes
No amounts stated on the pages we read.
Service area
Not stated on the pages we read.
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Apply online for a consumer loan today.
source
Pages read (7)
- https://www.localbank.com/
- https://www.localbank.com/consumer-loan-application
- https://www.localbank.com/personal/loans
- https://www.localbank.com/business/loans
- https://www.localbank.com/commercial-loan-app
- https://www.localbank.com/personal/other-services
- https://www.localbank.com/resources-and-community/the-complete-guide-to-the-cherokee-mortgage-assistance-program--map-
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What is the APR, including fees, on your auto loans and home mortgages?
Their website does not state an APR. The APR includes fees, so it is the number to compare. - What interest rate and fees should I expect on your farm loans and equipment loans?
Their website does not state a rate for this. - Is there a minimum credit score, and do you consider borrowers with little or no credit history?
Their website does not say what credit history they accept. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$7.5 million in 14 awards from the U.S. Treasury's CDFI Fund, 2000–2022 (5 programs).
| Round year | Program | Amount |
|---|---|---|
| 2022 | Native American CDFI Assistance (NACA), Financial Assistance | $1,275,000 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2021 | Native American CDFI Assistance (NACA), Financial Assistance | $619,500 |
| 2020 | Native American CDFI Assistance (NACA), Financial Assistance | $440,000 |
| 2019 | Native American CDFI Assistance (NACA), Financial Assistance | $200,000 |
| 2018 | Native American CDFI Assistance (NACA), Financial Assistance | $200,000 |
| 2016 | Native American CDFI Assistance (NACA), Technical Assistance | $150,000 |
| 2015 | Native American CDFI Assistance (NACA), Financial Assistance | $500,000 |
| 2012 | Native American CDFI Assistance (NACA), Financial Assistance | $750,000 |
| 2010 | Native American CDFI Assistance (NACA), Technical Assistance | $40,073 |
| 2009 | Native American CDFI Assistance (NACA), combined FA/TA (historic) | $796,522 |
| 2004 | Native American CDFI Assistance (NACA), Technical Assistance | $75,000 |
| 2002 | Bank Enterprise Award Program | $330,000 |
| 2000 | Bank Enterprise Award Program | $330,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
FDIC, 30 Jun 2026On file with the FDIC as Local Bank (FDIC cert 2327). Source: FDIC BankFind Suite (public data): total assets from the Call Report as of 30 Jun 2026; office list as of 30 Oct 2026, downloaded 3 Nov 2026.
| Total assets | $463.1 million (as of 30 Jun 2026) |
|---|---|
| Offices | 7 (as of 30 Oct 2026) |
Offices by state and county (7)
Oklahoma (7 offices)
- Cherokee County (3): 385 E Main St, Hulbert 74441 (main office); 125 E 1st St, Tahlequah 74464; 4715 S Muskogee Ave, Tahlequah 74464
- Delaware County (1): 240 E 3rd St, Suite H, Grove 74344
- Muskogee County (2): 301 W Broadway St, Muskogee 74401; 301 W Broadway St, Muskogee 74401
- Sequoyah County (1): 100 S Kerr Blvd, Sallisaw 74955
An office shows where the lender has a branch, not where it lends or whom it lends to.
What the regulator filing shows
Call Report, 30 Jun 2026Figures from the Call Report filed by Local Bank (RSSD 815754, FDIC cert 2327). Source: FFIEC Central Data Repository, bulk Call Report data (public data), report date 30 Jun 2026; year-earlier figures from the 30 Jun 2025 report; downloaded 4 Nov 2026. Schedules RC-C Parts I and II, dollar amounts filed in thousands.
| Total loans and leases | $350.3 million (as of 30 Jun 2026, net of unearned income) |
|---|---|
| Change over the year | Up 17.7% from $297.7 million on 30 Jun 2025 |
| Total assets | $463.1 million (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| Home mortgages (1-4 family, closed-end) | $101.7 million | 29.0% |
| Home equity lines of credit | $2.6 million | 0.7% |
| Commercial real estate, construction and multifamily | $121.9 million | 34.8% |
| Commercial and industrial (business) loans | $42.1 million | 12.0% |
| Farmland and farm production loans | $27.3 million | 7.8% |
| Consumer loans (credit cards, auto, other) | $29.1 million | 8.3% |
| All other loans and leases | $25.7 million | 7.3% |
Within consumer loans: auto loans $23.3 million.
Small business loans (original amount $1 million or less, balances on 30 Jun 2026)
| Original loan amount | Secured by business property | Commercial and industrial |
|---|---|---|
| Up to $100,000 | 67 loans $2.9 million | 369 loans $10.4 million |
| $100,001 to $250,000 | 77 loans $10.1 million | 89 loans $9.7 million |
| $250,001 to $1 million | 72 loans $29.1 million | 20 loans $5.3 million |
| All small business loans | 216 loans $42.1 million | 478 loans $25.3 million |
Small farm loans (original amount $500,000 or less, balances on 30 Jun 2026)
| Original loan amount | Secured by farmland | Farm production |
|---|---|---|
| Up to $100,000 | 11 loans $687,000 | 155 loans $4.1 million |
| $100,001 to $250,000 | 5 loans $503,000 | 27 loans $3 million |
| $250,001 to $500,000 | 4 loans $1.2 million | 8 loans $2 million |
| All small farm loans | 20 loans $2.4 million | 190 loans $9 million |
Balances are loans outstanding on the report date, not loans made during the year, and they include loans the bank bought. Shares are of gross loans and leases. The change over the year includes loans gained through mergers or bought from others. A category with no balance does not mean the bank never makes that kind of loan; ask the bank.
Home loans reported under HMDA (2025)
FFIEC HMDA data, 2025Local Bank reported 86 originated home loans for 2025 under the Home Mortgage Disclosure Act, totaling about $23.6M (median loan about $155,000). 48 were home-purchase loans.
By loan purpose
| Purpose | Loans | Share |
|---|---|---|
| Home purchase | 48 | 56% |
| Refinance (incl. cash-out) | 27 | 31% |
| Home improvement | 10 | 12% |
By loan type
| Loan type | Loans | Share |
|---|---|---|
| Conventional | 86 | 100% |
Included above: 6 loans on manufactured homes; 3 loans on multifamily (5+ unit) properties.
Where the loans were made
Counties with the most 2025 originations, out of 17 counties with at least one; 97% of its 2025 loans were for properties in Oklahoma:
- Cherokee County, OK (29)
- Muskogee County, OK (20)
- Delaware County, OK (13)
- Sequoyah County, OK (7)
- Wagoner County, OK (3)
Filed under LEI 894500NI2UNWVZRRZP19 as “Local Bank”; matched by name, state and city (checked by hand; see the method on our About page).
Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets (Call Report, 30 Jun 2026) | $463.1 million | Larger than 59% of the 321 other certified banks and bank holding companies nationwide (median $381.4 million). |
| Loans as a share of assets | 76% | Median of the same 321 banks and bank holding companies: 68%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $297.7 million → $350.3 million (+18%) | Median change of 321 other certified banks and bank holding companies nationwide: +7%. Rank by loans held among these 322: 131 → 122. |
| Home loans originated in 2025 (HMDA) | 86 | More than 41% of the 263 other certified CDFIs that reported 3 or more (120 at the median). Volume only; nothing here is an approval rate. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Call Report total assets | other certified banks and bank holding companies nationwide | 321 | larger than 59% |
| Loans held then vs now | certified banks and bank holding companies nationwide reporting both dates | 321 | rank 131 → 122 of 322 |
| HMDA home loans | certified CDFIs with 3+ originations in 2025, nationwide | 263 | more than 41% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section). Home loans: FFIEC/CFPB HMDA data.
Other certified CDFIs in Hulbert and Oklahoma
- Arbuckle Federal Credit UnionCredit union · Ada, OKAuto / vehicle loans, Equipment loans, Home mortgages, Personal / consumer loansVerified
- Chickasaw Community BankBank or thrift · Oklahoma City, OK · Native CDFIHome mortgages, Small-business loansVerified
- Citizen Potawatomi Community Development CorporationLoan fund · Shawnee, OK · Native CDFIAuto / vehicle loans, Commercial real estate loans, Credit-builder loans, Equipment loans…Verified
- First Family Federal Credit UnionCredit union · Henryetta, OKAuto / vehicle loans, Small-dollar / emergency loans, Home mortgages, Personal / consumer loans…Verified
- MetaFund Corporation f.k.a. Oklahoma MetaFund CDCVenture capital fund · Edmond, OKEquipment loans, Small-business loansVerified
- Muskogee Federal Credit UnionCredit union · Muskogee, OKAuto / vehicle loans, Home mortgages, Personal / consumer loansVerified
Work at Local Bank? Link to this page
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CDFI Atlas is not a lender and does not give financial advice. Inclusion is not an endorsement, and lenders have not reviewed or approved these pages. Disclaimer.