Locality Bank
Locality Bank is a digital-first community bank based in Fort Lauderdale, Florida, specializing in business banking services for small-to-medium enterprises. The bank pairs personal relationships with comprehensive financing and innovative technology to empower local businesses in South Florida.
Provider names, logos, and trademarks displayed on this page belong to their respective owners and are used for identification purposes only. VerSquare is not affiliated with, endorsed by, or sponsored by Locality Bank unless otherwise indicated.
No Reviews Yet
Be the first to share your experience! Reviews help other buyers make informed decisions.
Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (7 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Locality Bank ranks #245 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Locality Bank’s 7(a) acquisition lending falls in the $500K-$1M range: 3 loans, 42.9% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 1 | 14.3% | |
| $500K-$1M | 3 | 42.9% | |
| $1M-$2M | 1 | 14.3% | |
| $2M-$3M | 2 | 28.6% |
Industries with highest loan volume
Nail Salons
1
loans
$450K
avg. amount
Automotive Body, Paint, and Interior Repair and Maintenance
1
loans
$2.1M
avg. amount
Offices of Physical, Occupational and Speech Therapists, and Audiologists
1
loans
$874K
avg. amount
All Other Specialty Trade Contractors
1
loans
$816K
avg. amount
New Single-Family Housing Construction (except For-Sale Builders)
1
loans
$2.8M
avg. amount
Nonresidential Property Managers
1
loans
$1.2M
avg. amount
Pet and Pet Supplies Retailers
1
loans
$507K
avg. amount
10-Year
0.0%
Percentile Ranking
0th percentile
Locality Bank’s median variable rate is + 2.75%, against a market median of Prime + 1.88%, 88 above market.
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.75% |
| $500K-$1M | Prime + 2.50% |
| $1M-$2M | Prime + 2.75% |
| $2M-$3M | Prime + 2.88% |
Locality Bank has originated 7(a) acquisition loans in 2 states, most actively in Florida (6) and Georgia (1). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Florida | 6 | 85.7% |
| Georgia | 1 | 14.3% |
Claim this profile to manage your information, respond to reviews, and access analytics.