Federal credit union · MERRILLVILLE, Indiana · NCUA charter #12745
Local 697
Health score 41/100 (Below Average) - from the NCUA 5300 Call Report, 2025Q4.
- 41
- Health / 100
- $46.2M
- Total assets
- 3,264
- Members
- 3.0%
- Net-worth ratio
Local 697 - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #12745: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Local 697 - Five Health Pillars
Every bar shows this credit union's 0-100 sub-score for one pillar of the composite; weight and add the five and you land on the headline health score above, drawn from the same NCUA 5300 figures with no normalisation tricks.
- Capital (net worth ratio)25
- Asset quality (delinquency)0
- Earnings (ROA)83
- Member growth56
- Liquidity (loan-to-share)85
Weighted composite: 41/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
This institution's 2.99% net worth ratio sits below the NCUA's 7.0% well-capitalized threshold.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 2.99% | 30% |
| Delinquency Rate | 5.71% | 25% |
| Return on Assets | 0.33% | 15% |
| Member Growth | -0.34% | 15% |
| Loan-to-Share Ratio | 60.23% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $10M–$50M (1163 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $46.2M | 3,264 |
| 2024Q4 | $41.3M | 3,275 |
| 2023Q4 | $39.6M | 3,004 |
Credit Union Details
- Charter Number
- 12745
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $10M–$50M
- State
- Indiana
- City
- MERRILLVILLE
- Data Quarter
- 2025Q4
What This Data Says About Local 697
Headquartered in MERRILLVILLE, Indiana, Local 697 is a federal credit union with 3,264 members, $46.2M in total assets, and $23.2M in outstanding loans on the books as of Q4 2025. Its five-factor composite puts the health score at 41/100 (Below Average), driven in part by a net worth ratio of 2.99% - relative to the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. It carries charter #12745 and reports within peer group $10M–$50M, a cohort of 1163 similarly-sized institutions.
Deposits deployed into lending sit at a 60.23% loan-to-share ratio, within the 60-80% range most industry analysts consider optimally balanced between yield and liquidity. Loan quality, meanwhile, shows 5.71% of the book 60+ days past due - the peer group average for $10M–$50M credit unions sits at 1.145%, so this institution is running looser than peers. Return on assets stands at 0.33% on net income of $152K 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 -0.34%. All of the above reflects the 2025Q4 quarterly NCUA 5300 Call Report. Who can join depends on the field of membership (currently: Community); our disclaimer covers NCUSIF deposit-insurance coverage and how to use this data responsibly.
Nearby Credit Unions in Indiana
A look at other Indiana credit unions, ranked by how closely their peer group and asset size match this one.
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 697 financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, Local 697 carries a financial health score of 41/100 (Below Average). On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 2.99% net worth ratio and a 5.71% delinquency rate.
How does Local 697 compare to other credit unions?
Five weighted metrics from NCUA filings produce Local 697's 41/100 score on PlainCU's health composite, compared to a peer group average for $10M–$50M 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 697?
Local 697 operates under a community charter, meaning membership is generally open to anyone who lives, works, worships, or attends school within its defined geographic service area, no employer or association tie required. Contact Local 697 directly for the exact boundaries and application steps.
Is my money safe at Local 697?
Federal credit unions like Local 697 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 697's net worth ratio of 2.99% is relative to the 7% threshold NCUA considers "well capitalized."
What rates does Local 697 offer compared to banks?
Credit unions like Local 697 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 697 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.