State credit union · Panama City, Florida · NCUA charter #68732
Innovations Financial
Health score 88/100 (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 88
- Health / 100
- $651.9M
- Total assets
- 27,089
- Members
- 6.9%
- Net-worth ratio
Innovations Financial - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #68732: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Innovations Financial - 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)74
- Asset quality (delinquency)100
- Earnings (ROA)89
- Member growth84
- Liquidity (loan-to-share)100
Weighted composite: 88/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
This institution's 6.94% net worth ratio sits below the NCUA's 7.0% well-capitalized threshold.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 6.94% | 30% |
| Delinquency Rate | 0.14% | 25% |
| Return on Assets | 0.39% | 15% |
| Member Growth | 2.96% | 15% |
| Loan-to-Share Ratio | 88.53% | 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 | $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
What This Data Says About Innovations Financial
27,089 members and $651.9M in total assets sit behind Innovations Financial, a state credit union in Panama City, Florida, which posts a health score of 88/100 (Excellent) on the five-factor composite, with $518.2M in outstanding loans as of Q4 2025 and a net worth ratio of 6.94% - relative to the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. The credit union operates under charter #68732 in peer group Over $500M, a cohort of 749 similarly-sized institutions.
0.14% 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 88.53% loan-to-share ratio, above the 80% band that can indicate tighter liquidity management. Return on assets stands at 0.39% on net income of $2.5M 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 2.96%. 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 Florida
A look at other Florida credit unions, ranked by how closely their peer group and asset size match this one.
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 Innovations Financial financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, Innovations Financial carries a financial health score of 88/100 (Excellent). On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 6.94% net worth ratio and a 0.14% delinquency rate.
How does Innovations Financial compare to other credit unions?
On PlainCU's health composite, Innovations Financial lands at 88/100, compared to a peer group average for Over $500M credit unions. Five NCUA-reported metrics feed that number: net worth ratio (weighted 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 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?
Federal credit unions like Innovations Financial 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. Innovations Financial's net worth ratio of 6.94% is relative to the 7% threshold NCUA considers "well capitalized."
What rates does Innovations Financial offer compared to banks?
Credit unions like Innovations Financial 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 Innovations Financial 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.