State credit union · Grand Blanc, Michigan · NCUA charter #61797
ELGA
Health score 87/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 87
- Health / 100
- $1.81B
- Total assets
- 109,016
- Members
- 17.8%
- Net-worth ratio
ELGA scores 87/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $1.81B; members 109,016; net-worth ratio 17.77%; health rank #1,578 of 4,374; healthier than 60th of scored peers.
NCUA Call Report stamp band
NCUA 5300 Call Report Masthead
#1,578 of 4,374 health · 2025Q4ELGA · health 87/100 · $1.81B · 2025Q4
- MEM 87/100
- RANK 17.8%
- PHOTO 2.02%
- BOOK 1.54%
- CHARTER $1.81B
- NCUSIF 109,016
- CAMELS #1,578/4,374
- HEALTH SCOTT
- NW 61797
Call Report peers
ELGA in the assets neighbourhood
ELGA's $1.81B assets sit next to SCOTT ($1.81B) 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.
ELGA 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
87 Top 40% higher than 60% 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
ELGA - Share Insurance Coverage
Charter #61797'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.
ELGA vs Over $500M peers
- Strongest edge vs 749 Over $500M peers is Net Worth Ratio: +6.59 pp (17.77% vs 11.18%).
- Largest lag: Delinquency Rate at 2.02% vs peer 0.87% (+1.15 pp).
Peer averages are NCUA 5300 means for the Over $500M cohort (749 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Michigan standing for ELGA
- In Michigan, health place is #73 of 171 on the same NCUA-ratio sort used nationally.
- Michigan assets place: #13 of 171.
- Membership ranks #14 of 171 among Michigan CUs with a reported count (109,016 members).
In-state ordinals use the live credit_unions table for MI only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
How ELGA's 5300 filing moved
ELGA: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +36.0% from $1.81B (2025Q4) to $2.47B (2026Q1).
- Net-worth ratio shifted -6.09 pp (23.86% → 17.77%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
This credit union's 17.77% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 87/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 87.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 12.4 pts
- Return on Assets 15.0 pts
- Member Growth 15.0 pts
- Loan-to-Share Ratio 14.6 pts
ELGA vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 17.77% | +6.59 pp |
| Delinquency Rate | 2.02% | +1.15 pp |
| Return on Assets | 1.54% | +1.03 pp |
| Member Growth | 10.38% | - |
| Loan-to-Share Ratio | 86.85% | +2.95 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).
ELGA quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $2.47B | - |
| 2025Q4 | $1.81B | 109,016 |
| 2024Q4 | $1.55B | 98,766 |
| 2023Q4 | $1.50B | 95,703 |
Credit Union Details
- Charter Number
- 61797
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- Michigan
- City
- Grand Blanc
- Data Quarter
- 2025Q4
Branch Locations (17)
ELGA operates 17 offices across 11 cities, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Headquarters (Main Office) | Grand Blanc, MI |
| Straits | Bay City, MI |
| Wilder | Bay City, MI |
| Burton | Burton, MI |
| Clio | Clio, MI |
| Davison | Davison, MI |
| Fenton | Fenton, MI |
| Flint VG's | Flint, MI |
| Downtown Flint | Flint, MI |
| Flushing | Flushing, MI |
| Goodrich | Goodrich, MI |
| Grand Blanc | Grand Blanc, MI |
| Shared Branch Network | Grand Blanc, MI |
| Lapeer | Lapeer, MI |
| Vital Records | Lapeer, MI |
| Saginaw | Saginaw, MI |
| Cabaret | Saginaw, MI |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Michigan
More federally-insured credit unions based in Michigan, ordered by peer group match and asset size.
Other-state peers near ELGA
ELGA's nationwide photo peers by assets and by health score, excluding Michigan charters.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($1.81B here).
Similar health score
Nearest other-state credit unions by five-factor health composite (87/100 here).
Using this data
- ELGA ranks #1,578 of 4,374 nationally on financial health and #73 of 171 in MI -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- HONOR is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with HONOR
- Rates and health both vary by institution, not just by state -- see how Michigan credit unions compare overall before assuming this one is typical. Michigan 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 ELGA financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, ELGA carries a financial health score of 87/100 (Excellent). On the national health ranking (same basis as /rankings/healthiest), it sits at #1,578 of 4,374; by total assets it ranks #276 of 4,374 nationally (same basis as /rankings/largest); and #13 of 171 within Michigan. On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 17.77% net worth ratio and a 2.02% delinquency rate.
How does ELGA compare to other credit unions?
87/100 is ELGA'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 ELGA?
Membership eligibility for ELGA depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact ELGA directly for current membership requirements and application steps.
Is my money safe at ELGA?
Federal credit unions like ELGA 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. ELGA's net worth ratio of 17.77% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does ELGA offer compared to banks?
Credit unions like ELGA 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 ELGA 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.