What are the current interest rates at Locality Bank?

Current rates for Locality Bank include: MMA: 2.20%

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Locality Bank Rates & Review March 2026

Q: How many branches does Locality Bank operate?

Locality Bank currently maintains approximately 1 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, Locality Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Locality Bank provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: March 27, 2026

Locality Bank's money market rates are at 2.20%. MonitorBankRates evaluates the financial stability of Locality Bank with a 5.0 Star Rating and an A+ Overall Health Grade. Rates were last updated on 03/27/2026.

Locality Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Locality Bank? Share your experience about Locality Bank by leaving a review below, or read customer reviews before you decide to use Locality Bank.

Overall Health & Safety Grade

A+

Exceptional Health Score: 100/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

No Data No data

Locality Bank

1400 S Andrews Ave
Fort Lauderdale, FL 33316

https://www.localitybank.com

Locality Bank Money Market Rates

Product	Rate	APY	View More
Commercial Money Market	2.17%	2.20%
Min Deposit $100 Min Balance $2,500 Last Updated 03/27/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.00%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Locality Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Locality Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Locality Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Locality Bank

FDIC Certificate # 59278

Address 1400 S Andrews Ave, Fort Lauderdale, FL 33316 · Broward

Website https://www.localitybank.com

Established 01/12/2022

FDIC Insurance Date 01/12/2022

Domestic Offices 1

Total Branches 1

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 100/100

5.0

Exceptional Out of 5.0 Stars

0.00%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) -1.8965%

Return on Equity (ROE) -7.5200%

Non-Performing Loans (NPL) 0.00%

Total Assets $347,276,000

Total Deposits $296,929,000

Equity Capital $48,065,000

Net Income $546,000

Headquarters Fort Lauderdale

Total Offices 1

Source: FDIC | Last Updated 12/31/2025

Customer Reviews

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Average Rating

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Total Reviews

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Frequently Asked Questions About Locality Bank

Is Locality Bank a safe place to deposit money?

Yes, Locality Bank is considered a safe financial institution. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category.

How many branches does Locality Bank operate?

Locality Bank currently maintains approximately 1 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Locality Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Locality Bank provides members with tools to manage their accounts and build a solid financial history.

Does Locality Bank offer online and mobile banking?

Most modern institutions like Locality Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.localitybank.com.