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
- CAMELS 95/100
- HEALTH 9.6%
- NW 0.14%
- DELQ 0.39%
- ROA $651.9M
- ASSETS 27,089
- MEM #419/4,374
- RANK O Bee
- PHOTO 68732
Call Report peers
Innovations Financial in the assets neighbourhood
Innovations Financial's $651.9M assets sit next to O Bee ($651.8M) 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.
Innovations Financial 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
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
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.
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).
Peer averages are NCUA 5300 means for the Over $500M cohort (749 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
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.
In-state ordinals use the live credit_unions table for FL only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
Innovations Financial Call Report trajectory
Innovations Financial: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +3.4% from $651.9M (2025Q4) to $674.0M (2026Q1).
- Net-worth ratio shifted -0.05 pp (9.64% → 9.59%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
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
Each segment is a pillar's weighted contribution to the composite; widths sum to 95.
- 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 |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
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
Cross-state asset and health neighbours for Innovations Financial - kept outside Florida; in-state CUs stay in the Nearby block.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($651.9M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (95/100 here).
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
- Rates and health both vary by institution, not just by state -- see how Florida credit unions compare overall before assuming this one is typical. Florida 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 Innovations Financial financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, Innovations Financial carries a financial health score of 95/100 (Excellent). On the national health ranking (same basis as /rankings/healthiest), it sits at #419 of 4,374; by total assets it ranks #647 of 4,374 nationally (same basis as /rankings/largest); and #34 of 109 within Florida. On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 9.59% 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 95/100, 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 9.59% exceeds 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.
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.