Federal credit union · Troy, New York · NCUA charter #9486
Next Step
Health score 60/100 (Good) - from the NCUA 5300 Call Report, 2025Q4.
- 60
- Health / 100
- $105.9M
- Total assets
- 4,583
- Members
- 7.9%
- Net-worth ratio
Next Step - Share Insurance Coverage
The 2025Q4 NCUA Call Report puts charter #9486 at the supervisory bracket and risk-based capital level shown below. NCUSIF protection is covered in our deposit-insurance coverage note.
Next Step - 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)82
- Asset quality (delinquency)46
- Earnings (ROA)75
- Member growth22
- Liquidity (loan-to-share)61
Weighted composite: 60/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
7.86% 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 | 7.86% | 30% |
| Delinquency Rate | 2.15% | 25% |
| Return on Assets | 0.25% | 15% |
| Member Growth | -3.19% | 15% |
| Loan-to-Share Ratio | 35.75% | 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 | $105.9M | 4,583 |
| 2024Q4 | $105.4M | 4,734 |
| 2023Q4 | $111.1M | 4,431 |
Credit Union Details
- Charter Number
- 9486
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $100M–$500M
- State
- New York
- City
- Troy
- Data Quarter
- 2025Q4
What This Data Says About Next Step
The five-factor composite scores Next Step at 60/100 (Good), reflecting a net worth ratio of 7.86% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. This federal credit union, headquartered in Troy, New York, reports 4,583 members, $105.9M in total assets, and $34.1M in outstanding loans as of Q4 2025 under charter #9486 (peer group $100M–$500M, a cohort of 1069 similarly-sized institutions).
2.15% of the loan book sits 60+ days past due, the headline loan-quality read - the peer group average for $100M–$500M credit unions sits at 0.894%, so this institution is running looser than peers. Deposit deployment is captured by the 35.75% loan-to-share ratio, below the 60% band that typically signals under-deployed capital. Return on assets stands at 0.25% on net income of $267K 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 -3.19%. 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
A look at other New York 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 Next Step financially healthy?
A 7.86% net worth ratio and a 2.15% delinquency rate feed into Next Step's financial health score of 60/100 (Good), from NCUA 5300 Call Report data as of Q4 2025. The scale: above 80 excellent, below 50 warrants closer monitoring.
How does Next Step compare to other credit unions?
Five weighted metrics from NCUA filings produce Next Step's 60/100 score on PlainCU's health composite, compared to a peer group average for $100M–$500M 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 Next Step?
Next Step 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 Next Step directly for the exact boundaries and application steps.
Is my money safe at Next Step?
Federal credit unions like Next Step 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. Next Step's net worth ratio of 7.86% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Next Step offer compared to banks?
Credit unions like Next Step 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 Next Step 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.