Aflac vs Workmen's Circle Incorporated
Side-by-side comparison based on NCUA quarterly call report data.
Workmen's Circle Incorporated scores higher on overall financial health (health score: 91/100). Higher health scores reflect stronger capital ratios, lower delinquency, and better earnings.
Financial Metrics Comparison
| Metric | Aflac | Workmen's Circle Incorporated |
|---|---|---|
| Health Score 0–100, higher is better | 69 | 91 |
| Total Assets | $135.7M | $135.9M |
| Members | 9,596 | 1,681 |
| Net Worth Ratio Higher = better capitalized (≥7% = "well capitalized") | 36.83% | 19.16% |
| Delinquency Rate Lower = fewer past-due loans | 1.50% | 0.00% |
| Return on Assets (ROA) Higher = more profitable | 2.725% | 1.002% |
| Loan-to-Share Ratio Higher = more loans deployed vs deposits | 16.11% | 98.31% |
| Member Growth Year-over-year membership change | -14.7% | 0.8% |
Teal/bold = better performer on that metric. Financial ratios from most recently reported NCUA quarter.
Membership & Structure
| Detail | Aflac | Workmen's Circle Incorporated |
|---|---|---|
| Location | COLUMBUS, GA | Savannah, GA |
| Charter Type | Federal | State |
| Field of Membership | Community | Other |
| Peer Group | $100M–$500M | $100M–$500M |
| Charter Number | 16096 | 67892 |
What This Comparison Says About Aflac vs Workmen's Circle Incorporated
Aflac (COLUMBUS, GA) and Workmen's Circle Incorporated (Savannah, GA) are both federally-insured credit unions reporting quarterly to the NCUA, but they differ meaningfully in scale and profile. Aflac holds $135.7M in assets across 9,596 members, while Workmen's Circle Incorporated holds $135.9M across 1,681 members. On the composite health score, Workmen's Circle Incorporated comes out ahead at 91/100 versus 69/100 for its counterpart, a gap driven by the weighted combination of capital, loan quality, earnings, growth, and liquidity metrics shown above. Charter numbers 16096 and 67892 indicate entirely separate NCUA supervisory records; they operate under peer groups $100M–$500M and $100M–$500M respectively.
Capital adequacy is the first check: Aflac's net worth ratio of 36.83% clears the NCUA's 7.0% "well capitalized" bar, while Workmen's Circle Incorporated posts 19.16%. Loan quality, measured as loans 60+ days past due over total loans, comes in at 1.50% for Aflac and 0.00% for Workmen's Circle Incorporated; lower is tighter. Return on assets (NCUA 5300 Call Report) shows 2.725% versus 1.002%. Loan-to-share ratios of 16.11% and 98.31% indicate how each institution deploys member deposits, the 60–80% band is generally considered the balanced-liquidity window by industry analysts.
Both credit unions are covered by NCUSIF federal insurance up to $250,000 per depositor per ownership category, the same limit as FDIC coverage at banks, so the comparison here is about financial efficiency and member experience, not deposit safety. Before joining either institution, verify the field of membership: Aflac is currently defined as "Community" and Workmen's Circle Incorporated as "Other", and eligibility rules (employer, geography, association) determine who can actually open accounts. Current deposit rates, loan APRs, fees, and product availability change continuously and are not reflected in quarterly Call Report data, contact each credit union directly before opening accounts or borrowing. This comparison is informational only and is not financial advice, an endorsement, or a solicitation; credit union performance can shift materially quarter to quarter and should be re-evaluated with current reports before making any decision.
What to Consider When Choosing
Net Worth Ratio: The NCUA requires credit unions to maintain a net worth ratio of at least 7% to be considered "well capitalized." Aflac shows 36.83% vs Workmen's Circle Incorporated at 19.16%. Higher ratios indicate stronger financial buffers.
Delinquency Rate: Measures the percentage of loans that are 60+ days past due. Lower delinquency rates indicate tighter underwriting and lower credit risk. Aflac: 1.50% - Workmen's Circle Incorporated: 0.00%.
Return on Assets: ROA measures how efficiently a credit union generates income from its assets. Industry benchmark is typically 0.50–0.70%. Both values here may be close to zero since credit unions are not-for-profit and return value to members through lower rates and higher dividends.
Membership eligibility: Check each credit union's field of membership before applying. Many restrict membership by employer, geography, or community affiliation.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. This comparison draws directly on NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.