State credit union · MIAMI, Florida · NCUA charter #67338
Electricians' Local 349
Health score 73/100 (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 73
- Health / 100
- $4.8M
- Total assets
- 608
- Members
- 7.9%
- Net-worth ratio
Electricians' Local 349 - Share Insurance Coverage
Charter #67338'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.
Electricians' Local 349 - Five Health Pillars
This credit union's pillar breakdown: five 0-100 sub-scores below, which weight-and-sum to the headline health score above. Same underlying NCUA 5300 figures throughout, no normalisation tricks.
- Capital (net worth ratio)82
- Asset quality (delinquency)100
- Earnings (ROA)100
- Member growth0
- Liquidity (loan-to-share)56
Weighted composite: 73/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
7.89% 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 | 7.89% | 30% |
| Delinquency Rate | 0.18% | 25% |
| Return on Assets | 1.99% | 15% |
| Member Growth | -7.74% | 15% |
| Loan-to-Share Ratio | 26.90% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $2M–$10M (566 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $4.8M | 608 |
| 2024Q4 | $4.9M | 659 |
| 2023Q4 | $5.2M | 681 |
Credit Union Details
- Charter Number
- 67338
- Type
- State
- Field of Membership
- Other
- Peer Group
- $2M–$10M
- State
- Florida
- City
- MIAMI
- Data Quarter
- 2025Q4
What This Data Says About Electricians' Local 349
The five-factor composite scores Electricians' Local 349 at 73/100 (Very Good), reflecting a net worth ratio of 7.89% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. This state credit union, headquartered in MIAMI, Florida, reports 608 members, $4.8M in total assets, and $1.1M in outstanding loans as of Q4 2025 under charter #67338 (peer group $2M–$10M, a cohort of 566 similarly-sized institutions).
0.18% of the loan book sits 60+ days past due, the headline loan-quality read - the peer group average for $2M–$10M credit unions sits at 1.809%, so this institution is running tighter than peers. Deposit deployment is captured by the 26.90% loan-to-share ratio, below the 60% band that typically signals under-deployed capital. Return on assets stands at 1.99% on net income of $96K 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 -7.74%. Reported quarterly to the NCUA, this data reflects the 2025Q4 Call Report period. Eligibility to join runs through the field of membership (currently: Other) - see our disclaimer before opening an account or borrowing, for NCUSIF coverage details and data usage notes.
Nearby Credit Unions in Florida
Other federally-insured credit unions in Florida, closest first by peer group and asset size.
- LOCAL 606 ELECTRICAL WORKERSORLANDO, FL · $2M–$10M86Health
- CONTAINER MUTUALFernandina Beac, FL · $2M–$10M83Health
- UNITY OF EATONVILLEEatonville, FL · $2M–$10M55Health
- FLORIDA CUSTOMSTampa, FL · $2M–$10M86Health
- SHAW-ROSS EMPLOYEESMiami, FL · $2M–$10M72Health
Compare Electricians' Local 349 vs LOCAL 606 ELECTRICAL WORKERS
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 Electricians' Local 349 financially healthy?
Electricians' Local 349 scores 73/100 (Very Good) on financial health, per the NCUA 5300 Call Report for Q4 2025. Anything above 80 is considered excellent, anything below 50 may need closer monitoring - this score reflects a 7.89% net worth ratio and a 0.18% delinquency rate.
How does Electricians' Local 349 compare to other credit unions?
Electricians' Local 349 scores 73/100 on PlainCU's health composite, compared to a peer group average for $2M–$10M credit unions. The score is based on five NCUA-reported metrics: net worth ratio (30%), 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 Electricians' Local 349?
Membership eligibility for Electricians' Local 349 depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Electricians' Local 349 directly for current membership requirements and application steps.
Is my money safe at Electricians' Local 349?
Federal credit unions like Electricians' Local 349 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. Electricians' Local 349's net worth ratio of 7.89% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Electricians' Local 349 offer compared to banks?
Credit unions like Electricians' Local 349 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 Electricians' Local 349 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.