Public Service scores higher on overall financial health (health score: 80/100). Higher health scores reflect stronger capital ratios, lower delinquency, and better earnings.
Financial Metrics Comparison
| Metric | Lakehurst Naval | Public Service |
|---|---|---|
| Health Score 0–100, higher is better | 60 | 80 |
| Total Assets | $40.6M | $40.3M |
| Members | 1,830 | 3,714 |
| Net Worth Ratio Higher = better capitalized (≥7% = "well capitalized") | 9.33% | 14.19% |
| Delinquency Rate Lower = fewer past-due loans | 3.11% | 0.41% |
| Return on Assets (ROA) Higher = more profitable | 0.738% | 0.324% |
| Loan-to-Share Ratio Higher = more loans deployed vs deposits | 27.20% | 40.86% |
| Member Growth Year-over-year membership change | -3.6% | -3.1% |
Teal/bold = better performer on that metric. Financial ratios from most recently reported NCUA quarter.
Membership & Structure
| Detail | Lakehurst Naval | Public Service |
|---|---|---|
| Location | LAKEHURST NAEC, NJ | Middlesex, NJ |
| Charter Type | Federal | Federal |
| Field of Membership | Other | Community |
| Peer Group | $10M–$50M | $10M–$50M |
| Charter Number | 7958 | 11779 |
What This Comparison Says About Lakehurst Naval vs Public Service
Lakehurst Naval (LAKEHURST NAEC, NJ) and Public Service (Middlesex, NJ) are both federally-insured credit unions reporting quarterly to the NCUA, but they differ meaningfully in scale and profile. Lakehurst Naval holds $40.6M in assets across 1,830 members, while Public Service holds $40.3M across 3,714 members. On the composite health score, Public Service comes out ahead at 80/100 versus 60/100 for its counterpart, a gap driven by the weighted combination of capital, loan quality, earnings, growth, and liquidity metrics shown above. Charter numbers 7958 and 11779 indicate entirely separate NCUA supervisory records; they operate under peer groups $10M–$50M and $10M–$50M respectively.
Capital adequacy is the first check: Lakehurst Naval's net worth ratio of 9.33% clears the NCUA's 7.0% "well capitalized" bar, while Public Service posts 14.19%. Loan quality, measured as loans 60+ days past due over total loans, comes in at 3.11% for Lakehurst Naval and 0.41% for Public Service; lower is tighter. Return on assets (NCUA 5300 Call Report) shows 0.738% versus 0.324%. Loan-to-share ratios of 27.20% and 40.86% 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: Lakehurst Naval is currently defined as "Other" and Public Service as "Community", 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." Lakehurst Naval shows 9.33% vs Public Service at 14.19%. 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. Lakehurst Naval: 3.11% - Public Service: 0.41%.
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.