Federal credit union · ORLANDO, Florida · NCUA charter #16979
Local 606 Electrical Workers
Health score 86/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 86
- Health / 100
- $5.5M
- Total assets
- 408
- Members
- 24.7%
- Net-worth ratio
Local 606 Electrical Workers scores 86/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $5.5M; members 408; net-worth ratio 24.67%; health rank #1,744 of 4,374; healthier than 57th of scored peers.
5300 filing masthead
NCUA 5300 Call Report Masthead
#1,744 of 4,374 health · 2025Q4Local 606 Electrical Workers · health 86/100 · $5.5M · 2025Q4
- BOOK 86/100
- CHARTER 24.7%
- NCUSIF 0.00%
- CAMELS 0.45%
- HEALTH $5.5M
- NW 408
- DELQ #1,744/4,374
- ROA n/a
- ASSETS 16979
Call Report peers
Local 606 Electrical Workers carries $5.5M in NCUA 5300 assets, stamped as a Call Report masthead, not a rate quote or membership pitch.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Local 606 Electrical Workers 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
86 Top 43% higher than 57% 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
Local 606 Electrical Workers - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #16979: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Local 606 Electrical Workers: Call Report deltas vs peers
- Strongest edge vs 566 $2M–$10M peers is Net Worth Ratio: +5.61 pp (24.67% vs 19.06%).
- Largest lag: Loan-to-Share Ratio at 33.46% vs peer 63.60% (-30.14 pp).
Peer averages are NCUA 5300 means for the $2M–$10M cohort (566 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Where Local 606 Electrical Workers sits in Florida
- Health composite ranks #55 of 109 among scored Florida credit unions.
- By total assets, Local 606 Electrical Workers is #107 of 109 in Florida.
- Member book place in Florida: #108 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 Local 606 Electrical Workers
Local 606 Electrical Workers: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved -2.1% from $5.5M (2025Q4) to $5.4M (2026Q1).
- Net-worth ratio shifted +0.58 pp (24.09% → 24.67%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
24.67% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 86/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 86.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 25.0 pts
- Return on Assets 14.2 pts
- Member Growth 8.1 pts
- Loan-to-Share Ratio 8.7 pts
Local 606 Electrical Workers vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 24.67% | +5.61 pp |
| Delinquency Rate | 0.00% | -1.81 pp |
| Return on Assets | 0.45% | -0.00 pp |
| Member Growth | -0.49% | - |
| Loan-to-Share Ratio | 33.46% | -30.14 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $2M–$10M (566 CUs).
Local 606 Electrical Workers filing history
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $5.4M | - |
| 2025Q4 | $5.5M | 408 |
| 2024Q4 | $5.7M | 410 |
| 2023Q4 | $5.9M | 408 |
Credit Union Details
- Charter Number
- 16979
- Type
- Federal
- Field of Membership
- Association/Group
- Peer Group
- $2M–$10M
- State
- Florida
- City
- ORLANDO
- Data Quarter
- 2025Q4
Branch Location
Per its most recent NCUA branch filing, Local 606 Electrical Workers runs one office.
| Office | City |
|---|---|
| LOCAL 606 ELECTRICAL WORKERS FCU (Main Office) | ORLANDO, 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.
Other-state peers near Local 606 Electrical Workers
Local 606 Electrical Workers's nationwide photo peers by assets and by health score, excluding Florida charters.
Similar health score
Nearest other-state credit unions by five-factor health composite (86/100 here).
Using this data
- Local 606 Electrical Workers ranks #1,744 of 4,374 nationally on financial health and #55 of 109 in FL -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Container Mutual is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Container Mutual
- 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 Local 606 Electrical Workers financially healthy?
Yes/no aside, the number is 86/100 (Excellent) - Local 606 Electrical Workers's financial health score from the NCUA 5300 Call Report, Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #1,744 of 4,374; by total assets it ranks #3,839 of 4,374 nationally (same basis as /rankings/largest); and #107 of 109 within Florida. Above 80 reads excellent, below 50 warrants closer monitoring; a 24.67% net worth ratio and 0.00% delinquency rate are the key drivers.
How does Local 606 Electrical Workers compare to other credit unions?
Five weighted metrics from NCUA filings produce Local 606 Electrical Workers's 86/100 score on PlainCU's health composite, compared to a peer group average for $2M–$10M credit unions: net worth ratio (30%), delinquency rate (25%), return on assets (15%), member growth (15%), 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 Local 606 Electrical Workers?
Local 606 Electrical Workers 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 606 Electrical Workers directly for the current list of qualifying groups.
Is my money safe at Local 606 Electrical Workers?
Federal credit unions like Local 606 Electrical Workers 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 606 Electrical Workers's net worth ratio of 24.67% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Local 606 Electrical Workers offer compared to banks?
Credit unions like Local 606 Electrical Workers 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 606 Electrical Workers 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.