State credit union · Oceanside, California · NCUA charter #68494
Frontwave
Health score 96/100 (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 96
- Health / 100
- $1.70B
- Total assets
- 131,835
- Members
- 8.9%
- Net-worth ratio
Frontwave - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #68494: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Frontwave - Five Health Pillars
Below, five 0-100 sub-scores, one per pillar of the composite. Weight and sum them and the result matches the headline health score above exactly - same NCUA 5300 figures, no normalisation tricks.
- Capital (net worth ratio)91
- Asset quality (delinquency)100
- Earnings (ROA)93
- Member growth100
- Liquidity (loan-to-share)100
Weighted composite: 96/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
8.91% 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 | 8.91% | 30% |
| Delinquency Rate | 0.50% | 25% |
| Return on Assets | 0.43% | 15% |
| Member Growth | 5.32% | 15% |
| Loan-to-Share Ratio | 84.39% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $1.70B | 131,835 |
| 2024Q4 | $1.41B | 125,171 |
| 2023Q4 | $1.43B | 124,372 |
Credit Union Details
- Charter Number
- 68494
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- California
- City
- Oceanside
- Data Quarter
- 2025Q4
What This Data Says About Frontwave
Headquartered in Oceanside, California, Frontwave is a state credit union with 131,835 members, $1.70B in total assets, and $1.22B in outstanding loans on the books as of Q4 2025. Its five-factor composite puts the health score at 96/100 (Excellent), driven in part by a net worth ratio of 8.91% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. It carries charter #68494 and reports within peer group Over $500M, a cohort of 749 similarly-sized institutions.
0.50% of the loan book sits 60+ days past due, the headline loan-quality read - the peer group average for Over $500M credit unions sits at 0.874%, so this institution is running tighter than peers. Deposit deployment is captured by the 84.39% loan-to-share ratio, above the 80% band that can indicate tighter liquidity management. Return on assets stands at 0.43% on net income of $7.3M 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 5.32%. All of the above reflects the 2025Q4 quarterly NCUA 5300 Call Report. Who can join depends on the field of membership (currently: Other); our disclaimer covers NCUSIF deposit-insurance coverage and how to use this data responsibly.
Nearby Credit Unions in California
Other federally-insured credit unions in California, closest first by peer group and asset size.
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 Frontwave financially healthy?
Frontwave scores 96/100 (Excellent) 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 8.91% net worth ratio and a 0.50% delinquency rate.
How does Frontwave compare to other credit unions?
Five weighted metrics from NCUA filings produce Frontwave's 96/100 score on PlainCU's health composite, compared to a peer group average for Over $500M credit unions: net worth ratio (30%), delinquency rate (25%), return on assets (15%), member growth (15%), 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 Frontwave?
Membership eligibility for Frontwave depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Frontwave directly for current membership requirements and application steps.
Is my money safe at Frontwave?
Federal credit unions like Frontwave 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. Frontwave's net worth ratio of 8.91% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Frontwave offer compared to banks?
Credit unions like Frontwave 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 Frontwave 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.