Federal credit union · Ithaca, New York · NCUA charter #23283
Alternatives
Health score 40/100 (Below Average) - from the NCUA 5300 Call Report, 2025Q4.
- 40
- Health / 100
- $163.8M
- Total assets
- 12,490
- Members
- 6.1%
- Net-worth ratio
Alternatives - Share Insurance Coverage
Charter #23283's composite supervisory bracket and risk-based capital, as reported in the 2025Q4 NCUA Call Report. See our deposit-insurance coverage note for how NCUSIF protection works.
Alternatives - Five Health Pillars
Each bar is the credit union's 0-100 sub-score on one pillar of the composite. The weighted sum of these five sub-scores is the headline health score above, same NCUA 5300 figures, no normalisation tricks.
- Capital (net worth ratio)52
- Asset quality (delinquency)0
- Earnings (ROA)71
- Member growth0
- Liquidity (loan-to-share)92
Weighted composite: 40/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
6.07% net worth is short of the NCUA's 7.0% well-capitalized bar for this institution.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 6.07% | 30% |
| Delinquency Rate | 6.03% | 25% |
| Return on Assets | 0.21% | 15% |
| Member Growth | -5.13% | 15% |
| Loan-to-Share Ratio | 64.50% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $163.8M | 12,490 |
| 2024Q4 | $166.3M | 13,166 |
| 2023Q4 | $150.6M | 10,523 |
Credit Union Details
- Charter Number
- 23283
- Type
- Federal
- Field of Membership
- Other/Community
- Peer Group
- $100M–$500M
- State
- New York
- City
- Ithaca
- Data Quarter
- 2025Q4
What This Data Says About Alternatives
Headquartered in Ithaca, New York, Alternatives is a federal credit union with 12,490 members, $163.8M in total assets, and $94.6M in outstanding loans on the books as of Q4 2025. Its five-factor composite puts the health score at 40/100 (Below Average), driven in part by a net worth ratio of 6.07% - relative to the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. It carries charter #23283 and reports within peer group $100M–$500M, a cohort of 1069 similarly-sized institutions.
6.03% of the loan book sits 60+ days past due, the headline loan-quality read - the peer group average for $100M–$500M credit unions sits at 0.894%, so this institution is running looser than peers. Deposit deployment is captured by the 64.50% loan-to-share ratio, within the 60-80% range most industry analysts consider optimally balanced between yield and liquidity. Return on assets stands at 0.21% on net income of $350K for the period; a not-for-profit cooperative typically runs a modest positive ROA, returning surplus to members through better rates and lower fees rather than to shareholders.
Year-over-year membership changed by -5.13%. The quarterly NCUA 5300 Call Report is the source for everything above, current through 2025Q4. Field of membership (currently: Other/Community) decides eligibility to join. NCUSIF deposit-insurance coverage and usage guidance for this data live on our disclaimer page.
Nearby Credit Unions in New York
A look at other New York credit unions, ranked by how closely their peer group and asset size match this one.
Sources & disclaimer
Source: NCUA 5300 Call Report, Q4 2025. Source: NCUA Share Insurance Fund (NCUSIF), federal deposit insurance up to $250,000. Not affiliated with NCUA. For informational purposes only.
Frequently Asked Questions
Is Alternatives financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, Alternatives carries a financial health score of 40/100 (Below Average). On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 6.07% net worth ratio and a 6.03% delinquency rate.
How does Alternatives compare to other credit unions?
Five weighted metrics from NCUA filings produce Alternatives's 40/100 score on PlainCU's health composite, compared to a peer group average for $100M–$500M credit unions: net worth ratio (30%), delinquency rate (25%), return on assets (15%), member growth (15%), loan-to-share ratio (15%).
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join Alternatives?
Alternatives operates under a community charter, meaning membership is generally open to anyone who lives, works, worships, or attends school within its defined geographic service area, no employer or association tie required. Contact Alternatives directly for the exact boundaries and application steps.
Is my money safe at Alternatives?
Federal credit unions like Alternatives are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. Alternatives's net worth ratio of 6.07% is relative to the 7% threshold NCUA considers "well capitalized."
What rates does Alternatives offer compared to banks?
Credit unions like Alternatives are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact Alternatives directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from 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.