Federal credit union · Lowell, Massachusetts · NCUA charter #12666
MILLS42
Health score 94/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 94
- Health / 100
- $31.2M
- Total assets
- 2,927
- Members
- 11.6%
- Net-worth ratio
MILLS42 scores 94/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $31.2M; members 2,927; net-worth ratio 11.55%; health rank #517 of 4,374; healthier than 87th of scored peers.
Federal Call Report extract
NCUA 5300 Call Report Masthead
#517 of 4,374 health · 2025Q4MILLS42 · health 94/100 · $31.2M · 2025Q4
- DELQ 94/100
- ROA 11.6%
- ASSETS 0.02%
- MEM 0.73%
- RANK $31.2M
- PHOTO 2,927
- BOOK #517/4,374
- CHARTER Cincinnati Interagency
- NCUSIF 12666
Call Report peers
MILLS42 in the assets neighbourhood
MILLS42's $31.2M assets sit next to Cincinnati Interagency ($31.1M) 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.
MILLS42 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
94 Top 13% higher than 87% 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
MILLS42 - Share Insurance Coverage
Charter #12666'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.
Peer-gap read for MILLS42
- Strongest edge vs 1163 $10M–$50M peers is Loan-to-Share Ratio: +15.15 pp (74.95% vs 59.80%).
- Net Worth Ratio trails the peer set - 11.55% here, 14.86% peer average (-3.31 pp).
Peer averages are NCUA 5300 means for the $10M–$50M cohort (1163 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Massachusetts standing for MILLS42
- In Massachusetts, health place is #13 of 126 on the same NCUA-ratio sort used nationally.
- Assets rank #81 of 126 inside Massachusetts ($31.2M reported).
- Membership ranks #74 of 126 among Massachusetts CUs with a reported count (2,927 members).
In-state ordinals use the live credit_unions table for MA only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
How MILLS42's 5300 filing moved
MILLS42: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +2.3% from $31.2M (2025Q4) to $31.9M (2026Q1).
- Net-worth ratio shifted -0.09 pp (11.64% → 11.55%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
This credit union's 11.55% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 94/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 94.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 25.0 pts
- Return on Assets 15.0 pts
- Member Growth 9.0 pts
- Loan-to-Share Ratio 15.0 pts
Financial Health Metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 11.55% | -3.31 pp |
| Delinquency Rate | 0.02% | -1.12 pp |
| Return on Assets | 0.73% | +0.02 pp |
| Member Growth | 0.03% | - |
| Loan-to-Share Ratio | 74.95% | +15.15 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $10M–$50M (1163 CUs).
Call Report history - MILLS42
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $31.9M | - |
| 2025Q4 | $31.2M | 2,927 |
| 2024Q4 | $28.9M | 2,926 |
| 2023Q4 | $26.7M | 2,938 |
Credit Union Details
- Charter Number
- 12666
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $10M–$50M
- State
- Massachusetts
- City
- Lowell
- Data Quarter
- 2025Q4
Branch Location
The NCUA branch filing lists a single physical office for MILLS42.
| Office | City |
|---|---|
| Mills42 FCU (Main Office) | Lowell, MA |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Massachusetts
A look at other Massachusetts credit unions, ranked by how closely their peer group and asset size match this one.
Other-state peers near MILLS42
Two NCUA Call Report peer sets for MILLS42, both outside Massachusetts 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 ($31.2M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (94/100 here).
Using this data
- MILLS42 ranks #517 of 4,374 nationally on financial health and #13 of 126 in MA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Massachusetts Family is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Massachusetts Family
- Rates and health both vary by institution, not just by state -- see how Massachusetts credit unions compare overall before assuming this one is typical. Massachusetts 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 MILLS42 financially healthy?
MILLS42 scores 94/100 (Excellent) on financial health, per the NCUA 5300 Call Report for Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #517 of 4,374; by total assets it ranks #2,822 of 4,374 nationally (same basis as /rankings/largest); and #81 of 126 within Massachusetts. Anything above 80 is considered excellent, anything below 50 may need closer monitoring - this score reflects a 11.55% net worth ratio and a 0.02% delinquency rate.
How does MILLS42 compare to other credit unions?
PlainCU's health composite puts MILLS42 at 94/100, compared to a peer group average for $10M–$50M 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 MILLS42?
MILLS42 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 MILLS42 directly for the exact boundaries and application steps.
Is my money safe at MILLS42?
Federal credit unions like MILLS42 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. MILLS42's net worth ratio of 11.55% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does MILLS42 offer compared to banks?
Credit unions like MILLS42 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 MILLS42 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.