State credit union · MERRITT ISLAND, Florida · NCUA charter #68716
Launch Credit Union
Health score 90/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 90
- Health / 100
- $1.44B
- Total assets
- 86,606
- Members
- 9.1%
- Net-worth ratio
Launch Credit Union scores 90/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $1.44B; members 86,606; net-worth ratio 9.14%; health rank #1,162 of 4,374; healthier than 73rd of scored peers.
5300 filing masthead
NCUA 5300 Call Report Masthead
#1,162 of 4,374 health · 2025Q4Launch Credit Union · health 90/100 · $1.44B · 2025Q4
- RANK 90/100
- PHOTO 9.1%
- BOOK 0.31%
- CHARTER 0.33%
- NCUSIF $1.44B
- CAMELS 86,606
- HEALTH #1,162/4,374
- NW Christian Community
- DELQ 68716
Call Report peers
Launch Credit Union in the assets neighbourhood
Launch Credit Union's $1.44B assets sit next to Christian Community ($1.44B) 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.
Launch Credit Union 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
90 Top 27% higher than 73% 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
Launch Credit Union - Share Insurance Coverage
Charter #68716's composite supervisory bracket and risk-based capital, as reported in the 2025Q4 NCUA Call Report. See our deposit-insurance coverage note for how NCUSIF protection works.
Launch Credit Union vs Over $500M peers
- Loan-to-Share Ratio leads the peer set - 93.69% here, 83.90% peer average (+9.79 pp).
- Net Worth Ratio trails the peer set - 9.14% here, 11.18% peer average (-2.04 pp).
Peer averages are NCUA 5300 means for the Over $500M cohort (749 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Launch Credit Union: in-state Call Report ranks
- Health composite ranks #44 of 109 among scored Florida credit unions.
- Assets rank #22 of 109 inside Florida ($1.44B reported).
- Member book place in Florida: #20 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.
Quarter path for Launch Credit Union
Launch Credit Union: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +1.4% from $1.44B (2025Q4) to $1.46B (2026Q1).
- Net-worth ratio shifted -0.07 pp (9.21% → 9.14%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
9.14% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 90/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 90.
- Net Worth Ratio 27.8 pts
- Delinquency Rate 25.0 pts
- Return on Assets 12.5 pts
- Member Growth 11.6 pts
- Loan-to-Share Ratio 13.1 pts
Financial Health Metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 9.14% | -2.04 pp |
| Delinquency Rate | 0.31% | -0.56 pp |
| Return on Assets | 0.33% | -0.18 pp |
| Member Growth | 2.14% | - |
| Loan-to-Share Ratio | 93.69% | +9.79 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).
Launch Credit Union filing history
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $1.46B | - |
| 2025Q4 | $1.44B | 86,606 |
| 2024Q4 | $1.40B | 84,795 |
| 2023Q4 | $1.38B | 84,720 |
Credit Union Details
- Charter Number
- 68716
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- Florida
- City
- MERRITT ISLAND
- Data Quarter
- 2025Q4
Branch Locations (20)
Per its most recent NCUA branch filing, Launch Credit Union runs 20 offices in 15 different cities.
| Office | City |
|---|---|
| Administration Building (Main Office) | Merritt Island, FL |
| Cape Canaveral Space Force Station | Cape Canaveral, FL |
| Port St. John | Cocoa, FL |
| Deland | Deland, FL |
| Edgewater | Edgewater, FL |
| KSC Central Campus | Kennedy Space Center, FL |
| KSC - MFF | Kennedy Space Center, FL |
| Melbourne - Whickham | Melbourne, FL |
| Melbourne Babcock | Melbourne, FL |
| Merritt Island | Merritt Island, FL |
| Orange City | Orange City, FL |
| School - University High School | Orange City, FL |
| Ormond Beach | Ormond Beach, FL |
| Palm Bay | Palm Bay, FL |
| School - Spruce Creek High School | Port Orange, FL |
| Rockledge | Rockledge, FL |
| South Daytona | South Daytona, FL |
| Titusville - US1 | Titusville, FL |
| Titusville - Singleton | Titusville, FL |
| West Melbourne | West Melbourne, FL |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Florida
Other federally-insured credit unions in Florida, closest first by peer group and asset size.
Other-state peers near Launch Credit Union
Two NCUA Call Report peer sets for Launch Credit Union, both outside Florida so the neighborhoods are not state containment (the Nearby list above stays in-state).
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($1.44B here).
Similar health score
Nearest other-state credit unions by five-factor health composite (90/100 here).
Using this data
- Launch Credit Union ranks #1,162 of 4,374 nationally on financial health and #44 of 109 in FL -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- First Florida is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with First Florida
- 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 Launch Credit Union financially healthy?
Launch Credit Union has a financial health score of 90/100 (Excellent) based on NCUA 5300 Call Report data as of Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #1,162 of 4,374; by total assets it ranks #344 of 4,374 nationally (same basis as /rankings/largest); and #22 of 109 within Florida. Scores above 80 indicate excellent financial health; scores below 50 may warrant closer monitoring. Key factors include net worth ratio of 9.14% and delinquency rate of 0.31%.
How does Launch Credit Union compare to other credit unions?
PlainCU's health composite puts Launch Credit Union at 90/100, compared to a peer group average for Over $500M credit unions. It's a weighted blend of five NCUA-reported figures: net worth ratio (30% of the score), 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 Launch Credit Union?
Membership eligibility for Launch Credit Union depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Launch Credit Union directly for current membership requirements and application steps.
Is my money safe at Launch Credit Union?
Federal credit unions like Launch Credit Union 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. Launch Credit Union's net worth ratio of 9.14% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Launch Credit Union offer compared to banks?
Credit unions like Launch Credit Union 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 Launch Credit Union 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.