Federal credit union · East Meadow, New York · NCUA charter #1404
Nassau Financial
Health score 70/100 (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 70
- Health / 100
- $334.3M
- Total assets
- 14,381
- Members
- 6.2%
- Net-worth ratio
Nassau Financial - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #1404: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Nassau Financial - Five Health Pillars
The five bars below are this credit union's pillar-level 0-100 sub-scores. Sum the weighted pillars and you get the headline health score above - same NCUA 5300 data, no normalisation tricks applied.
- Capital (net worth ratio)55
- Asset quality (delinquency)100
- Earnings (ROA)62
- Member growth28
- Liquidity (loan-to-share)97
Weighted composite: 70/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
6.21% net worth is short of the NCUA's 7.0% well-capitalized bar for this institution.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 6.21% | 30% |
| Delinquency Rate | 0.49% | 25% |
| Return on Assets | 0.12% | 15% |
| Member Growth | -2.65% | 15% |
| Loan-to-Share Ratio | 67.86% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $334.3M | 14,381 |
| 2024Q4 | $331.6M | 14,772 |
| 2023Q4 | $342.5M | 15,801 |
Credit Union Details
- Charter Number
- 1404
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $100M–$500M
- State
- New York
- City
- East Meadow
- Data Quarter
- 2025Q4
What This Data Says About Nassau Financial
Headquartered in East Meadow, New York, Nassau Financial is a federal credit union with 14,381 members, $334.3M in total assets, and $216.0M in outstanding loans on the books as of Q4 2025. Its five-factor composite puts the health score at 70/100 (Very Good), driven in part by a net worth ratio of 6.21% - relative to the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. It carries charter #1404 and reports within peer group $100M–$500M, a cohort of 1069 similarly-sized institutions.
Deposits deployed into lending sit at a 67.86% loan-to-share ratio, within the 60-80% range most industry analysts consider optimally balanced between yield and liquidity. Loan quality, meanwhile, shows 0.49% of the book 60+ days past due - the peer group average for $100M–$500M credit unions sits at 0.894%, so this institution is running tighter than peers. Return on assets stands at 0.12% on net income of $395K 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 -2.65%. The institution reports against the NCUA 5300 Call Report on a quarterly cadence; the figures above reflect the 2025Q4 reporting period. Membership eligibility depends on the stated field of membership (currently: Community). See our disclaimer for NCUSIF deposit-insurance coverage and how to use this data before opening any account or borrowing.
Nearby Credit Unions in New York
Other federally-insured credit unions in New York, closest first by peer group 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 Nassau Financial financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, Nassau Financial carries a financial health score of 70/100 (Very Good). On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 6.21% net worth ratio and a 0.49% delinquency rate.
How does Nassau Financial compare to other credit unions?
Nassau Financial scores 70/100 on PlainCU's health composite, compared to a peer group average for $100M–$500M credit unions. The score is based on five NCUA-reported metrics: net worth ratio (30%), 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 Nassau Financial?
Nassau Financial 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 Nassau Financial directly for the exact boundaries and application steps.
Is my money safe at Nassau Financial?
Federal credit unions like Nassau Financial 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. Nassau Financial's net worth ratio of 6.21% is relative to the 7% threshold NCUA considers "well capitalized."
What rates does Nassau Financial offer compared to banks?
Credit unions like Nassau Financial 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 Nassau Financial 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.