Oneaz scores higher on overall financial health (health score: 100/100). Higher health scores reflect stronger capital ratios, lower delinquency, and better earnings.
Financial Metrics Comparison
| Metric | Desert Financial | Oneaz |
|---|---|---|
| Health Score 0–100, higher is better | 97 | 100 |
| Total Assets | $9.5B | $4.3B |
| Members | 504,296 | 234,706 |
| Net Worth Ratio Higher = better capitalized (≥7% = "well capitalized") | 12.01% | 10.72% |
| Delinquency Rate Lower = fewer past-due loans | 0.44% | 0.31% |
| Return on Assets (ROA) Higher = more profitable | 0.757% | 0.753% |
| Loan-to-Share Ratio Higher = more loans deployed vs deposits | 58.56% | 79.17% |
| Member Growth Year-over-year membership change | 5.8% | 17.3% |
Teal/bold = better performer on that metric. Financial ratios from most recently reported NCUA quarter.
Membership & Structure
| Detail | Desert Financial | Oneaz |
|---|---|---|
| Location | Phoenix, AZ | Phoenix, AZ |
| Charter Type | State | State |
| Field of Membership | Other | Other |
| Peer Group | Over $500M | Over $500M |
| Charter Number | 68713 | 61315 |
What This Comparison Says About Desert Financial vs Oneaz
Desert Financial (Phoenix, AZ) and Oneaz (Phoenix, AZ) are both federally-insured credit unions reporting quarterly to the NCUA, but they differ meaningfully in scale and profile. Desert Financial holds $9.5B in assets across 504,296 members, while Oneaz holds $4.3B across 234,706 members. On the composite health score, Oneaz comes out ahead at 100/100 versus 97/100 for its counterpart, a gap driven by the weighted combination of capital, loan quality, earnings, growth, and liquidity metrics shown above. Charter numbers 68713 and 61315 indicate entirely separate NCUA supervisory records; they operate under peer groups Over $500M and Over $500M respectively.
Capital adequacy is the first check: Desert Financial's net worth ratio of 12.01% clears the NCUA's 7.0% "well capitalized" bar, while Oneaz posts 10.72%. Loan quality, measured as loans 60+ days past due over total loans, comes in at 0.44% for Desert Financial and 0.31% for Oneaz; lower is tighter. Return on assets (NCUA 5300 Call Report) shows 0.757% versus 0.753%. Loan-to-share ratios of 58.56% and 79.17% 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: Desert Financial is currently defined as "Other" and Oneaz 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." Desert Financial shows 12.01% vs Oneaz at 10.72%. 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. Desert Financial: 0.44% - Oneaz: 0.31%.
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.
What to do with this comparison
Oneaz leads on the composite health score, but that alone should not decide where you bank.
- Confirm you actually qualify: the field of membership for Desert Financial is "Other" and for Oneaz is "Other".
- See how Oneaz ranks nationally, not just against this one peer. Healthiest credit unions
- Compare either credit union against a different peer. Start a new comparison
Rates, fees, and product availability change continuously and are not reflected in quarterly Call Report data -- verify current terms directly with each credit union.
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.