Federal credit union · CARY, North Carolina · NCUA charter #7870
First Flight
Health score 93/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 93
- Health / 100
- $271.7M
- Total assets
- 20,367
- Members
- 11.1%
- Net-worth ratio
First Flight scores 93/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $271.7M; members 20,367; net-worth ratio 11.08%; health rank #655 of 4,374; healthier than 84th of scored peers.
5300 filing masthead
NCUA 5300 Call Report Masthead
#655 of 4,374 health · 2025Q4First Flight · health 93/100 · $271.7M · 2025Q4
Call Report peers
First Flight in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
First Flight vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); First Flight sits in 90-94 with 747 others.
93 Top 16% higher than 84% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
First Flight vs $100M–$500M peers
- Loan-to-Share Ratio trails the peer set - 69.84% here, 72.20% peer average (-2.36 pp).
North Carolina standing for First Flight
- Health composite ranks #8 of 57 among scored North Carolina credit unions.
- By total assets, First Flight is #19 of 57 in North Carolina.
- Membership ranks #19 of 57 among North Carolina CUs with a reported count (20,367 members).
- One place up in North Carolina, HEALTHSHARE (#7) ties at 93/100; one place down, COASTAL (#9) ties at 93/100.
How First Flight's 5300 filing moved
First Flight: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +2.4% from $271.7M (2025Q4) to $278.1M (2026Q1).
- Net-worth ratio shifted -0.18 pp (11.26% → 11.08%).
11.08% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 93/100 score is built
First Flight gives up 7 points in total. Delinquency Rate costs the most, 5 of its 25; Loan-to-Share Ratio and Net Worth Ratio score full marks.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 20.0 pts
- Return on Assets 14.3 pts
- Member Growth 13.8 pts
- Loan-to-Share Ratio 14.9 pts
First Flight vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 11.08% | -1.03 pp |
| Delinquency Rate | 1.00% | +0.11 pp |
| Return on Assets | 0.46% | -0.17 pp |
| Member Growth | 3.98% | - |
| Loan-to-Share Ratio | 69.84% | -2.36 pp |
Peer averages: $100M–$500M cohort, 1069 credit unions, 2025Q4 filing.
First Flight quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $278.1M | - |
| 2025Q4 | $271.7M | 20,367 |
| 2024Q4 | $249.1M | 19,587 |
| 2023Q4 | $228.5M | 18,776 |
Credit Union Details
- Charter Number
- 7870
- Type
- Federal
- Field of Membership
- Other/Community
- Peer Group
- $100M–$500M
- State
- North Carolina
- City
- CARY
- Data Quarter
- 2025Q4
Branch Locations (6)
First Flight operates 6 offices across 5 cities, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Cary Corporate Headquarters (Main Office) | Cary, NC |
| Cary Branch | Cary, NC |
| Greenville | Greenville, NC |
| Havelock | Havelock, NC |
| Morehead City | Morehead City, NC |
| New Bern | New Bern, NC |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in North Carolina
More federally-insured credit unions based in North Carolina, ordered by peer group match and asset size.
Cross-state Call Report peers for First Flight
Using this data
- First Flight ranks #655 of 4,374 nationally on financial health and #8 of 57 in NC -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Duke University is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Duke University
Frequently Asked Questions
Is First Flight financially healthy?
First Flight has a financial health score of 93/100 (Excellent) from its 2025Q4 NCUA 5300 Call Report. It ranks #655 of 4,374 nationally on health and #8 of 57 in North Carolina. Its net worth ratio is 11.08% and its delinquency rate 1.00%.
How does First Flight compare to other credit unions?
First Flight scores 93/100, higher than 84% of the 4,374 scored credit unions. Its widest shortfall is loan-to-share ratio (69.84% vs 72.20%).
How can I join First Flight?
First Flight 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 First Flight directly for the exact boundaries and application steps.
Is my money safe at First Flight?
First Flight 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. First Flight's net worth ratio of 11.08% 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.