Federal credit union · Chelsea, Massachusetts · NCUA charter #851
Chelsea Employees
Health score 90/100 (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 90
- Health / 100
- $20.5M
- Total assets
- 2,154
- Members
- 7.8%
- Net-worth ratio
Chelsea Employees - Share Insurance Coverage
Below: composite supervisory bracket and risk-based capital for charter #851, per the 2025Q4 NCUA Call Report. Our deposit-insurance coverage note explains how the $250,000 NCUSIF ceiling works.
Chelsea Employees - Five Health Pillars
The five bars below are this credit union's pillar-level 0-100 sub-scores. Sum the weighted pillars and you get the headline health score above - same NCUA 5300 data, no normalisation tricks applied.
- Capital (net worth ratio)81
- Asset quality (delinquency)100
- Earnings (ROA)100
- Member growth73
- Liquidity (loan-to-share)100
Weighted composite: 90/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
7.77% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 7.77% | 30% |
| Delinquency Rate | 0.35% | 25% |
| Return on Assets | 0.86% | 15% |
| Member Growth | 1.65% | 15% |
| Loan-to-Share Ratio | 81.01% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $10M–$50M (1163 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $20.5M | 2,154 |
| 2024Q4 | $19.8M | 2,119 |
| 2023Q4 | $20.7M | 2,240 |
Credit Union Details
- Charter Number
- 851
- Type
- Federal
- Field of Membership
- Multiple Common Bond
- Peer Group
- $10M–$50M
- State
- Massachusetts
- City
- Chelsea
- Data Quarter
- 2025Q4
What This Data Says About Chelsea Employees
Chelsea Employees is a federal credit union headquartered in Chelsea, Massachusetts, serving 2,154 members with $20.5M in total assets and $14.8M in outstanding loans as of Q4 2025. Based on its five-factor composite, the institution earns a health score of 90/100 (Excellent), anchored by a net worth ratio of 7.77% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. Charter #851 operates under peer group $10M–$50M, a cohort of 1163 similarly-sized institutions.
0.35% of the loan book sits 60+ days past due, the headline loan-quality read - the peer group average for $10M–$50M credit unions sits at 1.145%, so this institution is running tighter than peers. Deposit deployment is captured by the 81.01% loan-to-share ratio, above the 80% band that can indicate tighter liquidity management. Return on assets stands at 0.86% on net income of $176K 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 1.65%. The institution reports against the NCUA 5300 Call Report on a quarterly cadence; the figures above reflect the 2025Q4 reporting period. Membership eligibility depends on the stated field of membership (currently: Multiple Common Bond). See our disclaimer for NCUSIF deposit-insurance coverage and how to use this data before opening any account or borrowing.
Nearby Credit Unions in Massachusetts
A look at other Massachusetts 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 Chelsea Employees financially healthy?
Yes/no aside, the number is 90/100 (Excellent) - Chelsea Employees's financial health score from the NCUA 5300 Call Report, Q4 2025. Above 80 reads excellent, below 50 warrants closer monitoring; a 7.77% net worth ratio and 0.35% delinquency rate are the key drivers.
How does Chelsea Employees compare to other credit unions?
PlainCU's health composite puts Chelsea Employees at 90/100, compared to a peer group average for $10M–$50M credit unions. It's a weighted blend of five NCUA-reported figures: net worth ratio (30% of the score), delinquency rate (25%), return on assets (15%), member growth (15%), and 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 Chelsea Employees?
Chelsea Employees serves multiple common-bond groups, membership usually requires belonging to one of several qualifying employers, associations, or organizations the credit union has chartered to serve. Contact Chelsea Employees directly for the current list of qualifying groups.
Is my money safe at Chelsea Employees?
Federal credit unions like Chelsea Employees 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. Chelsea Employees's net worth ratio of 7.77% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Chelsea Employees offer compared to banks?
Credit unions like Chelsea Employees 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 Chelsea Employees 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.