Federal credit union · New Hartford, New York · NCUA charter #2658
First Source
Health score 86/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 86
- Health / 100
- $1.10B
- Total assets
- 63,773
- Members
- 10.1%
- Net-worth ratio
First Source scores 86/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $1.10B; members 63,773; net-worth ratio 10.12%; health rank #1,841 of 4,374; healthier than 57th of scored peers.
5300 filing masthead
NCUA 5300 Call Report Masthead
#1,841 of 4,374 health · 2025Q4First Source · health 86/100 · $1.10B · 2025Q4
- RANK 86/100
- PHOTO 10.1%
- BOOK 0.93%
- CHARTER 0.70%
- NCUSIF $1.10B
- CAMELS 63,773
- HEALTH #1,841/4,374
- NW Safe 1
- DELQ 2658
Call Report peers
First Source in the assets neighbourhood
First Source's $1.10B assets sit next to Safe 1 ($1.11B) 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.
First Source 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
86 Top 43% higher than 57% 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
First Source - Share Insurance Coverage
Below: composite supervisory bracket and risk-based capital for charter #2658, per the 2025Q4 NCUA Call Report. Our deposit-insurance coverage note explains how the $250,000 NCUSIF ceiling works.
Where First Source diverges from peer averages
- Loan-to-Share Ratio leads the peer set - 105.64% here, 83.90% peer average (+21.74 pp).
- Net Worth Ratio trails the peer set - 10.12% here, 11.18% peer average (-1.06 pp).
Peer averages are NCUA 5300 means for the Over $500M cohort (749 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
New York standing for First Source
- In New York, health place is #107 of 272 on the same NCUA-ratio sort used nationally.
- New York assets place: #24 of 272.
- Membership ranks #22 of 272 among New York CUs with a reported count (63,773 members).
In-state ordinals use the live credit_unions table for NY only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
First Source: 2025Q4 → 2026Q1
First Source: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +1.2% from $1.10B (2025Q4) to $1.12B (2026Q1).
- Net-worth ratio shifted +0.08 pp (10.04% → 10.12%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
10.12% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 86/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 86.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 20.7 pts
- Return on Assets 15.0 pts
- Member Growth 11.7 pts
- Loan-to-Share Ratio 8.6 pts
First Source health metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 10.12% | -1.06 pp |
| Delinquency Rate | 0.93% | +0.06 pp |
| Return on Assets | 0.70% | +0.19 pp |
| Member Growth | 2.21% | - |
| Loan-to-Share Ratio | 105.64% | +21.74 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).
First Source filing history
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $1.12B | - |
| 2025Q4 | $1.10B | 63,773 |
| 2024Q4 | $1.06B | 62,395 |
| 2023Q4 | $1.03B | 60,641 |
Credit Union Details
- Charter Number
- 2658
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- Over $500M
- State
- New York
- City
- New Hartford
- Data Quarter
- 2025Q4
Branch Locations (6)
First Source operates 6 offices across 4 cities, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| First Source Federal Credit Union (Main Office) | New Hartford, NY |
| First Source Federal Credit Union | Herkimer, NY |
| First Source Federal Credit Union | New Hartford, NY |
| First Source Federal Credit Union | Rome, NY |
| First Source Federal Credit Union | Utica, NY |
| First Source Federal Credit Union | Utica, NY |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in New York
More federally-insured credit unions based in New York, ordered by peer group match and asset size.
First Source nationwide neighbourhoods
Two NCUA Call Report peer sets for First Source, both outside New York so the neighborhoods are not state containment (the Nearby list above stays in-state).
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($1.10B here).
Similar health score
Nearest other-state credit unions by five-factor health composite (86/100 here).
Using this data
- First Source ranks #1,841 of 4,374 nationally on financial health and #107 of 272 in NY -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- SUNMARK is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with SUNMARK
- Rates and health both vary by institution, not just by state -- see how New York credit unions compare overall before assuming this one is typical. New York 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 First Source financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, First Source carries a financial health score of 86/100 (Excellent). On the national health ranking (same basis as /rankings/healthiest), it sits at #1,841 of 4,374; by total assets it ranks #435 of 4,374 nationally (same basis as /rankings/largest); and #24 of 272 within New York. On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 10.12% net worth ratio and a 0.93% delinquency rate.
How does First Source compare to other credit unions?
86/100 is First Source'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 First Source?
First Source 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 Source directly for the exact boundaries and application steps.
Is my money safe at First Source?
Federal credit unions like First Source 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. First Source's net worth ratio of 10.12% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does First Source offer compared to banks?
Credit unions like First Source 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 First Source 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.