Federal credit union · Troy, New York · NCUA charter #9486
Next Step
Health score 65/100, grade C (Good) - from the NCUA 5300 Call Report, 2025Q4.
- 65
- Health / 100
- $105.9M
- Total assets
- 4,583
- Members
- 9.9%
- Net-worth ratio
Next Step scores 65/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $105.9M; members 4,583; net-worth ratio 9.89%; health rank #3,880 of 4,374; healthier than 11th of scored peers.
Federal Call Report extract
NCUA 5300 Call Report Masthead
#3,880 of 4,374 health · 2025Q4Next Step · health 65/100 · $105.9M · 2025Q4
- HEALTH 65/100
- NW 9.9%
- DELQ 2.15%
- ROA 0.25%
- ASSETS $105.9M
- MEM 4,583
- RANK #3,880/4,374
- PHOTO Palco Fcu
- BOOK 9486
Call Report peers
Next Step in the assets neighbourhood
Next Step's $105.9M assets sit next to Palco Fcu ($105.9M) 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.
Next Step 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
65 11th percentile higher than 11% 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
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 vs $100M–$500M peers
- Largest lag: Loan-to-Share Ratio at 35.75% vs peer 72.20% (-36.45 pp).
Peer averages are NCUA 5300 means for the $100M–$500M cohort (1069 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Where Next Step sits in New York
- In New York, health place is #226 of 272 on the same NCUA-ratio sort used nationally.
- By total assets, Next Step is #85 of 272 in New York.
- Membership ranks #113 of 272 among New York CUs with a reported count (4,583 members).
In-state ordinals use the live credit_unions table for NY only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
Next Step: 2025Q4 → 2026Q1
Next Step: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +1.1% from $105.9M (2025Q4) to $107.1M (2026Q1).
- Net-worth ratio shifted +0.03 pp (9.86% → 9.89%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
9.89% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 65/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 65.
- Net Worth Ratio 29.7 pts
- Delinquency Rate 11.6 pts
- Return on Assets 11.3 pts
- Member Growth 3.3 pts
- Loan-to-Share Ratio 9.1 pts
Financial Health Metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 9.89% | -2.22 pp |
| Delinquency Rate | 2.15% | +1.26 pp |
| Return on Assets | 0.25% | -0.37 pp |
| Member Growth | -3.19% | - |
| Loan-to-Share Ratio | 35.75% | -36.45 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
Next Step quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $107.1M | - |
| 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
Branch Locations (3)
Per its most recent NCUA branch filing, Next Step runs 3 offices in 2 different cities.
| Office | City |
|---|---|
| Troy Branch (Main Office) | Troy, NY |
| Albany Branch | Albany, NY |
| Troy Branch | Troy, NY |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
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.
Nationwide credit unions with similar profiles
Cross-state asset and health neighbours for Next Step - kept outside New York; in-state CUs stay in the Nearby block.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($105.9M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (65/100 here).
Using this data
- Next Step ranks #3,880 of 4,374 nationally on financial health and #226 of 272 in NY -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- TRUNORTHERN is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with TRUNORTHERN
- Rates and health both vary by institution, not just by state -- see how New York credit unions compare overall before assuming this one is typical. New York 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 Next Step financially healthy?
A 9.89% net worth ratio and a 2.15% delinquency rate feed into Next Step's financial health score of 65/100 (Good), from NCUA 5300 Call Report data as of Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #3,880 of 4,374; by total assets it ranks #1,777 of 4,374 nationally (same basis as /rankings/largest); and #85 of 272 within New York. 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 65/100 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 9.89% 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.
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.