Federal credit union · Abilene, Texas · NCUA charter #13290
First Watch
Health score 82/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 82
- Health / 100
- $100.5M
- Total assets
- 9,379
- Members
- 9.2%
- Net-worth ratio
First Watch scores 82/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $100.5M; members 9,379; net-worth ratio 9.22%; health rank #2,474 of 4,374; healthier than 43rd of scored peers.
NCUA Call Report stamp band
NCUA 5300 Call Report Masthead
#2,474 of 4,374 health · 2025Q4First Watch · health 82/100 · $100.5M · 2025Q4
- HEALTH 82/100
- NW 9.2%
- DELQ 0.00%
- ROA 0.18%
- ASSETS $100.5M
- MEM 9,379
- RANK #2,474/4,374
- PHOTO North Carolina Community
- BOOK 13290
Call Report peers
First Watch in the assets neighbourhood
First Watch's $100.5M assets sit next to North Carolina Community ($100.5M) 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 Watch 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
82 43rd percentile higher than 43% 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 Watch - Share Insurance Coverage
The 2025Q4 NCUA Call Report puts charter #13290 at the supervisory bracket and risk-based capital level shown below. NCUSIF protection is covered in our deposit-insurance coverage note.
First Watch vs $100M–$500M peers
- Loan-to-Share Ratio leads the peer set - 75.88% here, 72.20% peer average (+3.68 pp).
- Largest lag: Net Worth Ratio at 9.22% vs peer 12.11% (-2.89 pp).
Peer averages are NCUA 5300 means for the $100M–$500M cohort (1069 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
First Watch: in-state Call Report ranks
- In Texas, health place is #224 of 386 on the same NCUA-ratio sort used nationally.
- Assets rank #143 of 386 inside Texas ($100.5M reported).
- Membership ranks #134 of 386 among Texas CUs with a reported count (9,379 members).
In-state ordinals use the live credit_unions table for TX only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
How First Watch's 5300 filing moved
First Watch: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +5.0% from $100.5M (2025Q4) to $105.5M (2026Q1).
- Net-worth ratio shifted -0.40 pp (9.62% → 9.22%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
This credit union's 9.22% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 82/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 82.
- Net Worth Ratio 28.1 pts
- Delinquency Rate 25.0 pts
- Return on Assets 10.2 pts
- Member Growth 3.7 pts
- Loan-to-Share Ratio 15.0 pts
First Watch health metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 9.22% | -2.89 pp |
| Delinquency Rate | 0.00% | -0.89 pp |
| Return on Assets | 0.18% | -0.44 pp |
| Member Growth | -2.92% | - |
| Loan-to-Share Ratio | 75.88% | +3.68 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
First Watch filing history
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $105.5M | - |
| 2025Q4 | $100.5M | 9,379 |
| 2024Q4 | $96.8M | 9,661 |
| 2023Q4 | $99.8M | 9,951 |
Credit Union Details
- Charter Number
- 13290
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $100M–$500M
- State
- Texas
- City
- Abilene
- Data Quarter
- 2025Q4
Branch Locations (2)
The NCUA branch filing lists 2 physical offices for First Watch.
| Office | City |
|---|---|
| Main Office Pine (Main Office) | Abilene, TX |
| Catclaw | Abilene, TX |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Texas
More federally-insured credit unions based in Texas, ordered by peer group match and asset size.
First Watch nationwide neighbourhoods
Cross-state asset and health neighbours for First Watch - kept outside Texas; in-state CUs stay in the Nearby block.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($100.5M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (82/100 here).
Using this data
- First Watch ranks #2,474 of 4,374 nationally on financial health and #224 of 386 in TX -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Heritage USA is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Heritage USA
- Rates and health both vary by institution, not just by state -- see how Texas credit unions compare overall before assuming this one is typical. Texas 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 Watch financially healthy?
First Watch scores 82/100 (Excellent) on financial health, per the NCUA 5300 Call Report for Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #2,474 of 4,374; by total assets it ranks #1,815 of 4,374 nationally (same basis as /rankings/largest); and #143 of 386 within Texas. Anything above 80 is considered excellent, anything below 50 may need closer monitoring - this score reflects a 9.22% net worth ratio and a 0.00% delinquency rate.
How does First Watch compare to other credit unions?
First Watch scores 82/100 on PlainCU's health composite, compared to a peer group average for $100M–$500M 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 First Watch?
First Watch 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 Watch directly for the exact boundaries and application steps.
Is my money safe at First Watch?
Federal credit unions like First Watch 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 Watch's net worth ratio of 9.22% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does First Watch offer compared to banks?
Credit unions like First Watch 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 Watch 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.