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
Call Report peers
Launch Credit Union in the assets neighbourhood
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
The busiest band is 85-89 (858 credit unions); Launch Credit Union sits in 90-94 with 747 others.
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 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).
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.
- One place up in Florida, JETSTREAM (#43) ties at 90/100; one place down, PINELLAS (#45) scores 89/100, 1 point lower.
Quarter path for Launch Credit Union
Launch Credit Union: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +1.4% from $1.44B (2025Q4) to $1.46B (2026Q1).
- Net-worth ratio shifted -0.07 pp (9.21% → 9.14%).
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
Launch Credit Union gives up 10 points in total. Member Growth costs the most, 3.4 of its 15; Delinquency Rate scores full marks.
- 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 |
Peer averages: Over $500M cohort, 749 credit unions, 2025Q4 filing.
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
Similar total assets
Similar health score
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
Frequently Asked Questions
Is Launch Credit Union financially healthy?
Launch Credit Union has a financial health score of 90/100 (Excellent) from its 2025Q4 NCUA 5300 Call Report. It ranks #1,162 of 4,374 nationally on health and #44 of 109 in Florida. Its net worth ratio is 9.14% and its delinquency rate 0.31%.
How does Launch Credit Union compare to other credit unions?
Launch Credit Union scores 90/100, higher than 73% of the 4,374 scored credit unions. Against the 749 peers in the Over $500M cohort, its widest edge is loan-to-share ratio (93.69% vs 83.90%). Its widest shortfall is net worth ratio (9.14% vs 11.18%).
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?
Launch Credit Union 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. Launch Credit Union's net worth ratio of 9.14% 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.