Federal credit union · BALTIMORE, Maryland · NCUA charter #14815
Local 355 Md
Health score 38/100 (Weak) - from the NCUA 5300 Call Report, 2025Q4.
- 38
- Health / 100
- $5.7M
- Total assets
- 1,434
- Members
- 17.6%
- Net-worth ratio
Local 355 Md - Share Insurance Coverage
Composite supervisory bracket and risk-based capital, read from the 2025Q4 NCUA Call Report for charter #14815. See our deposit-insurance coverage note.
Local 355 Md - 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)100
- Asset quality (delinquency)0
- Earnings (ROA)7
- Member growth0
- Liquidity (loan-to-share)47
Weighted composite: 38/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
17.62% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 17.62% | 30% |
| Delinquency Rate | 13.68% | 25% |
| Return on Assets | -0.39% | 15% |
| Member Growth | -7.00% | 15% |
| Loan-to-Share Ratio | 12.48% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $2M–$10M (566 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $5.7M | 1,434 |
| 2024Q4 | $5.7M | 1,542 |
| 2023Q4 | $5.9M | 1,667 |
Credit Union Details
- Charter Number
- 14815
- Type
- Federal
- Field of Membership
- Multiple Common Bond
- Peer Group
- $2M–$10M
- State
- Maryland
- City
- BALTIMORE
- Data Quarter
- 2025Q4
What This Data Says About Local 355 Md
The five-factor composite scores Local 355 Md at 38/100 (Weak), reflecting a net worth ratio of 17.62% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. This federal credit union, headquartered in BALTIMORE, Maryland, reports 1,434 members, $5.7M in total assets, and $562K in outstanding loans as of Q4 2025 under charter #14815 (peer group $2M–$10M, a cohort of 566 similarly-sized institutions).
Loan book quality rounds out the picture. The delinquency rate of 13.68% measures loans 60+ days past due against total loans outstanding - the peer group average for $2M–$10M credit unions sits at 1.809%, so this institution is running looser than peers. The loan-to-share ratio of 12.48% indicates how aggressively member deposits are being deployed into lending, below the 60% band that typically signals under-deployed capital. Return on assets stands at -0.39% on net income of $-21922 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 -7.00%. Reported quarterly to the NCUA, this data reflects the 2025Q4 Call Report period. Eligibility to join runs through the field of membership (currently: Multiple Common Bond) - see our disclaimer before opening an account or borrowing, for NCUSIF coverage details and data usage notes.
Nearby Credit Unions in Maryland
More federally-insured credit unions based in Maryland, ordered by peer group match and asset size.
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 Local 355 Md financially healthy?
A 17.62% net worth ratio and a 13.68% delinquency rate feed into Local 355 Md's financial health score of 38/100 (Weak), from NCUA 5300 Call Report data as of Q4 2025. The scale: above 80 excellent, below 50 warrants closer monitoring.
How does Local 355 Md compare to other credit unions?
38/100 is Local 355 Md's score on PlainCU's health composite, compared to a peer group average for $2M–$10M credit unions, built from five weighted NCUA metrics - net worth ratio at 30%, delinquency rate at 25%, return on assets at 15%, member growth at 15%, and loan-to-share ratio at 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 Local 355 Md?
Local 355 Md serves multiple common-bond groups, membership usually requires belonging to one of several qualifying employers, associations, or organizations the credit union has chartered to serve. Contact Local 355 Md directly for the current list of qualifying groups.
Is my money safe at Local 355 Md?
Federal credit unions like Local 355 Md 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. Local 355 Md's net worth ratio of 17.62% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Local 355 Md offer compared to banks?
Credit unions like Local 355 Md 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 Local 355 Md 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.