Federal credit union · Soledad, California · NCUA charter #13254
CORRECTIONS
Health score 95/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 95
- Health / 100
- $33.9M
- Total assets
- 3,610
- Members
- 8.3%
- Net-worth ratio
CORRECTIONS scores 95/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $33.9M; members 3,610; net-worth ratio 8.31%; health rank #427 of 4,374; healthier than 90th of scored peers.
NCUA Call Report stamp band
NCUA 5300 Call Report Masthead
#427 of 4,374 health · 2025Q4CORRECTIONS · health 95/100 · $33.9M · 2025Q4
Call Report peers
CORRECTIONS in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
CORRECTIONS vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); CORRECTIONS sits in 95-99 with 391 others.
95 Top 10% higher than 90% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
CORRECTIONS: Call Report deltas vs peers
- Largest favorable gap: Loan-to-Share Ratio at 83.02% vs peer 59.80% (+23.22 pp).
- Largest lag: Net Worth Ratio at 8.31% vs peer 14.86% (-6.55 pp).
Where CORRECTIONS sits in California
- Health composite ranks #32 of 243 among scored California credit unions.
- Assets rank #200 of 243 inside California ($33.9M reported).
- Membership ranks #172 of 243 among California CUs with a reported count (3,610 members).
- One place up in California, SISKIYOU (#31) ties at 95/100; one place down, Redlands City Employees (#33) scores 94/100, 1 point lower.
Quarter path for CORRECTIONS
CORRECTIONS: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +7.3% from $33.9M (2025Q4) to $36.4M (2026Q1).
- Net-worth ratio shifted -0.97 pp (9.28% → 8.31%).
8.31% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 95/100 score is built
CORRECTIONS gives up 5 points in total. Net Worth Ratio costs the most, 4.2 of its 30; Delinquency Rate and Member Growth and Loan-to-Share Ratio score full marks.
- Net Worth Ratio 25.8 pts
- Delinquency Rate 25.0 pts
- Return on Assets 14.2 pts
- Member Growth 15.0 pts
- Loan-to-Share Ratio 15.0 pts
Financial Health Metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 8.31% | -6.55 pp |
| Delinquency Rate | 0.30% | -0.85 pp |
| Return on Assets | 0.45% | -0.26 pp |
| Member Growth | 34.05% | - |
| Loan-to-Share Ratio | 83.02% | +23.22 pp |
Peer averages: $10M–$50M cohort, 1163 credit unions, 2025Q4 filing.
CORRECTIONS quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $36.4M | - |
| 2025Q4 | $33.9M | 3,610 |
| 2024Q4 | $24.9M | 2,693 |
| 2023Q4 | $25.7M | 2,626 |
Credit Union Details
- Charter Number
- 13254
- Type
- Federal
- Field of Membership
- Multiple Common Bond
- Peer Group
- $10M–$50M
- State
- California
- City
- Soledad
- Data Quarter
- 2025Q4
Branch Locations (2)
Per its most recent NCUA branch filing, CORRECTIONS runs 2 offices in 2 different cities.
| Office | City |
|---|---|
| MAIN CORRECTIONAL FACILITY BRANCH (Main Office) | Soledad, CA |
| Watsonville Hospital FCU | Watsonville, CA |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in California
More federally-insured credit unions based in California, ordered by peer group match and asset size.
CORRECTIONS nationwide neighbourhoods
Using this data
- CORRECTIONS ranks #427 of 4,374 nationally on financial health and #32 of 243 in CA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Utility District is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Utility District
Frequently Asked Questions
Is CORRECTIONS financially healthy?
CORRECTIONS has a financial health score of 95/100 (Excellent) from its 2025Q4 NCUA 5300 Call Report. It ranks #427 of 4,374 nationally on health and #32 of 243 in California. Its net worth ratio is 8.31% and its delinquency rate 0.30%.
How does CORRECTIONS compare to other credit unions?
CORRECTIONS scores 95/100, higher than 90% of the 4,374 scored credit unions. Against the 1163 peers in the $10M–$50M cohort, its widest edge is loan-to-share ratio (83.02% vs 59.80%). Its widest shortfall is net worth ratio (8.31% vs 14.86%).
How can I join CORRECTIONS?
CORRECTIONS 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 CORRECTIONS directly for the current list of qualifying groups.
Is my money safe at CORRECTIONS?
CORRECTIONS is a federal credit union; its shares are federally 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. CORRECTIONS's net worth ratio of 8.31% exceeds the 7% threshold NCUA considers "well capitalized."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.