Federal credit union · ROBBINSDALE, Minnesota · NCUA charter #16248
North Memorial
Health score 91/100 (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 91
- Health / 100
- $50.5M
- Total assets
- 4,529
- Members
- 10.5%
- Net-worth ratio
North Memorial - Share Insurance Coverage
Charter #16248'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.
North Memorial - Five Health Pillars
This credit union's pillar breakdown: five 0-100 sub-scores below, which weight-and-sum to the headline health score above. Same underlying NCUA 5300 figures throughout, no normalisation tricks.
- Capital (net worth ratio)100
- Asset quality (delinquency)87
- Earnings (ROA)100
- Member growth64
- Liquidity (loan-to-share)96
Weighted composite: 91/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
This credit union's 10.50% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 10.50% | 30% |
| Delinquency Rate | 0.82% | 25% |
| Return on Assets | 0.73% | 15% |
| Member Growth | 0.47% | 15% |
| Loan-to-Share Ratio | 67.25% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $50M–$100M (584 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $50.5M | 4,529 |
| 2024Q4 | $50.4M | 4,508 |
| 2023Q4 | $50.1M | 4,461 |
Credit Union Details
- Charter Number
- 16248
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $50M–$100M
- State
- Minnesota
- City
- ROBBINSDALE
- Data Quarter
- 2025Q4
What This Data Says About North Memorial
The five-factor composite scores North Memorial at 91/100 (Excellent), reflecting a net worth ratio of 10.50% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. This federal credit union, headquartered in ROBBINSDALE, Minnesota, reports 4,529 members, $50.5M in total assets, and $29.9M in outstanding loans as of Q4 2025 under charter #16248 (peer group $50M–$100M, a cohort of 584 similarly-sized institutions).
On loan book quality: 0.82% of loans are 60+ days past due against the total loan book - the peer group average for $50M–$100M credit unions sits at 0.963%, so this institution is running tighter than peers. Meanwhile a 67.25% loan-to-share ratio shows how aggressively member deposits get deployed into lending, within the 60-80% range most industry analysts consider optimally balanced between yield and liquidity. Return on assets stands at 0.73% on net income of $371K 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 0.47%. The quarterly NCUA 5300 Call Report is the source for everything above, current through 2025Q4. Field of membership (currently: Community) decides eligibility to join. NCUSIF deposit-insurance coverage and usage guidance for this data live on our disclaimer page.
Nearby Credit Unions in Minnesota
More federally-insured credit unions based in Minnesota, ordered by peer group match 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 North Memorial financially healthy?
Yes/no aside, the number is 91/100 (Excellent) - North Memorial's financial health score from the NCUA 5300 Call Report, Q4 2025. Above 80 reads excellent, below 50 warrants closer monitoring; a 10.50% net worth ratio and 0.82% delinquency rate are the key drivers.
How does North Memorial compare to other credit unions?
North Memorial scores 91/100 on PlainCU's health composite, compared to a peer group average for $50M–$100M 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 North Memorial?
North Memorial 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 North Memorial directly for the exact boundaries and application steps.
Is my money safe at North Memorial?
Federal credit unions like North Memorial 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. North Memorial's net worth ratio of 10.50% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does North Memorial offer compared to banks?
Credit unions like North Memorial 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 North Memorial 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.