Federal credit union · Papillion, Nebraska · NCUA charter #24917
COBALT
Health score 74/100, grade B (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 74
- Health / 100
- $1.32B
- Total assets
- 116,118
- Members
- 8.9%
- Net-worth ratio
COBALT scores 74/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $1.32B; members 116,118; net-worth ratio 8.95%; health rank #3,363 of 4,374; healthier than 23rd of scored peers.
NCUA Call Report stamp band
NCUA 5300 Call Report Masthead
#3,363 of 4,374 health · 2025Q4COBALT · health 74/100 · $1.32B · 2025Q4
- NCUSIF 74/100
- CAMELS 8.9%
- HEALTH 0.84%
- NW -0.06%
- DELQ $1.32B
- ROA 116,118
- ASSETS #3,363/4,374
- MEM Pacific Service
- RANK 24917
Call Report peers
COBALT in the assets neighbourhood
COBALT's $1.32B assets sit next to Pacific Service ($1.32B) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
COBALT vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
74 23rd percentile higher than 23% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
COBALT - Share Insurance Coverage
The 2025Q4 NCUA Call Report puts charter #24917 at the supervisory bracket and risk-based capital level shown below. NCUSIF protection is covered in our deposit-insurance coverage note.
COBALT: Call Report deltas vs peers
- Largest favorable gap: Loan-to-Share Ratio at 92.86% vs peer 83.90% (+8.96 pp).
- Widest shortfall vs peers is Net Worth Ratio: -2.23 pp (8.95% vs 11.18%).
Peer averages are NCUA 5300 means for the Over $500M cohort (749 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
COBALT in Nebraska
- Nebraska health ordinal: #39 of 50.
- Assets rank #2 of 50 inside Nebraska ($1.32B reported).
- Membership ranks #2 of 50 among Nebraska CUs with a reported count (116,118 members).
In-state ordinals use the live credit_unions table for NE only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
COBALT: 2025Q4 → 2026Q1
COBALT: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +0.6% from $1.32B (2025Q4) to $1.33B (2026Q1).
- Net-worth ratio shifted +0.13 pp (8.82% → 8.95%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
This credit union's 8.95% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 74/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 74.
- Net Worth Ratio 27.4 pts
- Delinquency Rate 21.6 pts
- Return on Assets 4.0 pts
- Member Growth 7.5 pts
- Loan-to-Share Ratio 13.5 pts
COBALT health metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 8.95% | -2.23 pp |
| Delinquency Rate | 0.84% | -0.04 pp |
| Return on Assets | -0.06% | -0.56 pp |
| Member Growth | -0.81% | - |
| Loan-to-Share Ratio | 92.86% | +8.96 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $1.33B | - |
| 2025Q4 | $1.32B | 116,118 |
| 2024Q4 | $1.33B | 117,061 |
| 2023Q4 | $1.28B | 116,076 |
Credit Union Details
- Charter Number
- 24917
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- Over $500M
- State
- Nebraska
- City
- Papillion
- Data Quarter
- 2025Q4
Branch Locations (19)
COBALT operates 19 offices across 10 cities, spanning 2 states, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Headquarters (Main Office) | Papillion, NE |
| Bellevue Branch | Bellevue, NE |
| Blair Family Fare | Blair, NE |
| Council Bluffs Super Saver Branch | Council Bluffs, IA |
| Gretna Branch | Gretna, NE |
| Lincoln Traditional | Lincoln, NE |
| Base Exchange (BX) Branch | Offutt AFB, NE |
| Millard Branch | Omaha, NE |
| Maple Branch | Omaha, NE |
| South Omaha Branch | Omaha, NE |
| Mid-Town HyVee Branch | Omaha, NE |
| 31ST AMES | OMAHA, NE |
| 36Th & Q No Frills Branch | Omaha, NE |
| Old Market Branch | Omaha, NE |
| Cass Court | Omaha, NE |
| Dodge Branch | Omaha, NE |
| Shadow Lake HyVee Branch | Papillion, NE |
| Papillion Branch | Papillion, NE |
| Plattsmouth Branch | Plattsmouth, NE |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Nebraska
Other federally-insured credit unions in Nebraska, closest first by peer group and asset size.
Cross-state Call Report peers for COBALT
Cross-state asset and health neighbours for COBALT - kept outside Nebraska; in-state CUs stay in the Nearby block.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($1.32B here).
Similar health score
Nearest other-state credit unions by five-factor health composite (74/100 here).
Using this data
- COBALT ranks #3,363 of 4,374 nationally on financial health and #39 of 50 in NE -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- CENTRIS is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with CENTRIS
- Rates and health both vary by institution, not just by state -- see how Nebraska credit unions compare overall before assuming this one is typical. Nebraska state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is COBALT financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, COBALT carries a financial health score of 74/100 (Very Good). On the national health ranking (same basis as /rankings/healthiest), it sits at #3,363 of 4,374; by total assets it ranks #372 of 4,374 nationally (same basis as /rankings/largest); and #2 of 50 within Nebraska. On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 8.95% net worth ratio and a 0.84% delinquency rate.
How does COBALT compare to other credit unions?
74/100 is COBALT's score on PlainCU's health composite, compared to a peer group average for Over $500M credit unions, built from five weighted NCUA metrics - net worth ratio at 30%, delinquency rate at 25%, return on assets at 15%, member growth at 15%, and loan-to-share ratio at 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 COBALT?
COBALT 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 COBALT directly for the exact boundaries and application steps.
Is my money safe at COBALT?
Federal credit unions like COBALT 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. COBALT's net worth ratio of 8.95% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does COBALT offer compared to banks?
Credit unions like COBALT 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 COBALT directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
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.