State credit union · Panama City, Florida · NCUA charter #68732
Innovations Financial
Health score 95/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 95
- Health / 100
- $651.9M
- Total assets
- 27,089
- Members
- 9.6%
- Net-worth ratio
Innovations Financial scores 95/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $651.9M; members 27,089; net-worth ratio 9.59%; health rank #419 of 4,374; healthier than 90th of scored peers.
Title II Call Report masthead
NCUA 5300 Call Report Masthead
#419 of 4,374 health · 2025Q4Innovations Financial · health 95/100 · $651.9M · 2025Q4
Call Report peers
Innovations Financial in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Innovations Financial vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); Innovations Financial sits in 95-99 with 391 others.
95 Top 10% higher than 90% 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
Where Innovations Financial diverges from peer averages
- Loan-to-Share Ratio leads the peer set - 88.53% here, 83.90% peer average (+4.63 pp).
- Net Worth Ratio trails the peer set - 9.59% here, 11.18% peer average (-1.59 pp).
Innovations Financial: in-state Call Report ranks
- Florida health ordinal: #20 of 109.
- By total assets, Innovations Financial is #34 of 109 in Florida.
- Member book place in Florida: #41 of 109.
- One place up in Florida, SUNCOAST (#19) ties at 95/100; one place down, FLORIDA (#21) scores 94/100, 1 point lower.
Innovations Financial Call Report trajectory
Innovations Financial: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +3.4% from $651.9M (2025Q4) to $674.0M (2026Q1).
- Net-worth ratio shifted -0.05 pp (9.64% → 9.59%).
This credit union's 9.59% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 95/100 score is built
Innovations Financial gives up 5 points in total. Member Growth costs the most, 2.4 of its 15; Delinquency Rate and Loan-to-Share Ratio score full marks.
- Net Worth Ratio 29.0 pts
- Delinquency Rate 25.0 pts
- Return on Assets 13.3 pts
- Member Growth 12.6 pts
- Loan-to-Share Ratio 15.1 pts
Call Report ratios for Innovations Financial
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 9.59% | -1.59 pp |
| Delinquency Rate | 0.14% | -0.74 pp |
| Return on Assets | 0.39% | -0.12 pp |
| Member Growth | 2.96% | - |
| Loan-to-Share Ratio | 88.53% | +4.63 pp |
Peer averages: Over $500M cohort, 749 credit unions, 2025Q4 filing.
Call Report history - Innovations Financial
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $674.0M | - |
| 2025Q4 | $651.9M | 27,089 |
| 2024Q4 | $615.0M | 26,310 |
| 2023Q4 | $428.4M | 24,133 |
Credit Union Details
- Charter Number
- 68732
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- Florida
- City
- Panama City
- Data Quarter
- 2025Q4
Branch Locations (10)
The NCUA branch filing lists 10 physical offices for Innovations Financial, spread across 5 cities.
| Office | City |
|---|---|
| Innovations FCU-East 23RD (Main Office) | Panama City, FL |
| Innovations FCU-Bonifay | Bonifay, FL |
| Innovations FCU-Chipley | Chipley, FL |
| Innovations FCU-Lynn Haven | Lynn Haven, FL |
| Innovations FCU-Harrison | Panama City, FL |
| Innovations FCU-West 23RD | Panama City, FL |
| Innovations FCU-Callaway | Panama City, FL |
| Innovations FCU-Back Beach | Panama City Beach, FL |
| Innovations FCU-Middle Beach | Panama City Beach, FL |
| Innovations FCU-Navy BLVD | Panama City Beach, FL |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Florida
A look at other Florida credit unions, ranked by how closely their peer group and asset size match this one.
Cross-state Call Report peers for Innovations Financial
Using this data
- Innovations Financial ranks #419 of 4,374 nationally on financial health and #20 of 109 in FL -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- INSIGHT is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with INSIGHT
Frequently Asked Questions
Is Innovations Financial financially healthy?
On its 2025Q4 NCUA 5300 filing, Innovations Financial scores 95/100 (Excellent), with a 9.59% net worth ratio and 0.14% of loans delinquent. It ranks #419 of 4,374 nationally on health and #20 of 109 in Florida.
How does Innovations Financial compare to other credit unions?
Innovations Financial scores 95/100, higher than 90% of the 4,374 scored credit unions. Against the 749 peers in the Over $500M cohort, its widest edge is loan-to-share ratio (88.53% vs 83.90%). Its widest shortfall is net worth ratio (9.59% vs 11.18%).
How can I join Innovations Financial?
Membership eligibility for Innovations Financial depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Innovations Financial directly for current membership requirements and application steps.
Is my money safe at Innovations Financial?
Innovations Financial is a state-chartered 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. Innovations Financial's net worth ratio of 9.59% 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.