Federal credit union · Newark, New Jersey · NCUA charter #23807
I.L.a. Local 1235
Health score 85/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 85
- Health / 100
- $7.4M
- Total assets
- 683
- Members
- 11.8%
- Net-worth ratio
I.L.a. Local 1235 scores 85/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $7.4M; members 683; net-worth ratio 11.84%; health rank #1,976 of 4,374; healthier than 54th of scored peers.
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#1,976 of 4,374 health · 2025Q4I.L.a. Local 1235 · health 85/100 · $7.4M · 2025Q4
Call Report peers
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
I.L.a. Local 1235 vs every NCUA-scored credit union
I.L.a. Local 1235 sits in the busiest band, 85-89, alongside 857 other credit unions.
85 Top 46% higher than 54% 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
I.L.a. Local 1235: Call Report deltas vs peers
- Strongest edge vs 566 $2M–$10M peers is Loan-to-Share Ratio: +12.52 pp (76.12% vs 63.60%).
- Widest shortfall vs peers is Net Worth Ratio: -7.22 pp (11.84% vs 19.06%).
Where I.L.a. Local 1235 sits in New Jersey
- Health composite ranks #21 of 127 among scored New Jersey credit unions.
- Assets rank #91 of 127 inside New Jersey ($7.4M reported).
- Member book place in New Jersey: #105 of 127.
- One place up in New Jersey, Federal Employees Newark (#20) ties at 85/100; one place down, N.J.T. Employees (#22) ties at 85/100.
How I.L.a. Local 1235's 5300 filing moved
I.L.a. Local 1235: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +1.4% from $7.4M (2025Q4) to $7.5M (2026Q1).
- Net-worth ratio shifted -0.10 pp (11.94% → 11.84%).
11.84% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 85/100 score is built
I.L.a. Local 1235 gives up 15 points in total. Return on Assets costs the most, 15 of its 15; Net Worth Ratio and Delinquency Rate and Member Growth and Loan-to-Share Ratio score full marks.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 25.0 pts
- Return on Assets 0.0 pts
- Member Growth 15.0 pts
- Loan-to-Share Ratio 15.0 pts
I.L.a. Local 1235 health metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 11.84% | -7.22 pp |
| Delinquency Rate | 0.25% | -1.56 pp |
| Return on Assets | -0.89% | -1.34 pp |
| Member Growth | 5.08% | - |
| Loan-to-Share Ratio | 76.12% | +12.52 pp |
Peer averages: $2M–$10M cohort, 566 credit unions, 2025Q4 filing.
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $7.5M | - |
| 2025Q4 | $7.4M | 683 |
| 2024Q4 | $7.1M | 650 |
| 2023Q4 | $7.1M | 577 |
Credit Union Details
- Charter Number
- 23807
- Type
- Federal
- Field of Membership
- Association/Group
- Peer Group
- $2M–$10M
- State
- New Jersey
- City
- Newark
- Data Quarter
- 2025Q4
Branch Locations (2)
I.L.a. Local 1235 operates 2 offices across 2 cities, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Regus (Main Office) | Cranford, NJ |
| ILA Local 1235 FCU | Laurence Harbor, NJ |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in New Jersey
Other federally-insured credit unions in New Jersey, closest first by peer group and asset size.
Nationwide credit unions with similar profiles
Similar health score
Using this data
- I.L.a. Local 1235 ranks #1,976 of 4,374 nationally on financial health and #21 of 127 in NJ -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Public Service H C Employees is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Public Service H C Employees
Frequently Asked Questions
Is I.L.a. Local 1235 financially healthy?
On its 2025Q4 NCUA 5300 filing, I.L.a. Local 1235 scores 85/100 (Excellent), with a 11.84% net worth ratio and 0.25% of loans delinquent. It ranks #1,976 of 4,374 nationally on health and #21 of 127 in New Jersey.
How does I.L.a. Local 1235 compare to other credit unions?
I.L.a. Local 1235 scores 85/100, higher than 54% of the 4,374 scored credit unions. Against the 566 peers in the $2M–$10M cohort, its widest edge is loan-to-share ratio (76.12% vs 63.60%). Its widest shortfall is net worth ratio (11.84% vs 19.06%).
How can I join I.L.a. Local 1235?
I.L.a. Local 1235 serves multiple common-bond groups, membership usually requires belonging to one of several qualifying employers, associations, or organizations the credit union has chartered to serve. Contact I.L.a. Local 1235 directly for the current list of qualifying groups.
Is my money safe at I.L.a. Local 1235?
I.L.a. Local 1235 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. I.L.a. Local 1235's net worth ratio of 11.84% 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.