State credit union · WATERTOWN, New York · NCUA charter #68696
Northern
Health score 72/100 (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 72
- Health / 100
- $678.4M
- Total assets
- 45,070
- Members
- 5.5%
- Net-worth ratio
Northern - Share Insurance Coverage
Composite supervisory bracket and risk-based capital, read from the 2025Q4 NCUA Call Report for charter #68696. See our deposit-insurance coverage note.
Northern - Five Health Pillars
Each bar is the credit union's 0-100 sub-score on one pillar of the composite. The weighted sum of these five sub-scores is the headline health score above, same NCUA 5300 figures, no normalisation tricks.
- Capital (net worth ratio)46
- Asset quality (delinquency)90
- Earnings (ROA)74
- Member growth71
- Liquidity (loan-to-share)95
Weighted composite: 72/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
This institution's 5.48% net worth ratio sits below the NCUA's 7.0% well-capitalized threshold.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 5.48% | 30% |
| Delinquency Rate | 0.76% | 25% |
| Return on Assets | 0.24% | 15% |
| Member Growth | 1.35% | 15% |
| Loan-to-Share Ratio | 91.63% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $678.4M | 45,070 |
| 2024Q4 | $634.2M | 44,471 |
| 2023Q4 | $602.2M | 43,901 |
Credit Union Details
- Charter Number
- 68696
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- New York
- City
- WATERTOWN
- Data Quarter
- 2025Q4
What This Data Says About Northern
Headquartered in WATERTOWN, New York, Northern is a state credit union with 45,070 members, $678.4M in total assets, and $544.3M in outstanding loans on the books as of Q4 2025. Its five-factor composite puts the health score at 72/100 (Very Good), driven in part by a net worth ratio of 5.48% - relative to the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. It carries charter #68696 and reports within peer group Over $500M, a cohort of 749 similarly-sized institutions.
On loan book quality: 0.76% of loans are 60+ days past due against the total loan book - the peer group average for Over $500M credit unions sits at 0.874%, so this institution is running tighter than peers. Meanwhile a 91.63% loan-to-share ratio shows how aggressively member deposits get deployed into lending, above the 80% band that can indicate tighter liquidity management. Return on assets stands at 0.24% on net income of $1.6M 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 1.35%. Reported quarterly to the NCUA, this data reflects the 2025Q4 Call Report period. Eligibility to join runs through the field of membership (currently: Other) - see our disclaimer before opening an account or borrowing, for NCUSIF coverage details and data usage notes.
Nearby Credit Unions in New York
More federally-insured credit unions based in New York, 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 Northern financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, Northern carries a financial health score of 72/100 (Very Good). On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 5.48% net worth ratio and a 0.76% delinquency rate.
How does Northern compare to other credit unions?
Five weighted metrics from NCUA filings produce Northern's 72/100 score on PlainCU's health composite, compared to a peer group average for Over $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 Northern?
Membership eligibility for Northern depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Northern directly for current membership requirements and application steps.
Is my money safe at Northern?
Federal credit unions like Northern 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. Northern's net worth ratio of 5.48% is relative to the 7% threshold NCUA considers "well capitalized."
What rates does Northern offer compared to banks?
Credit unions like Northern 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 Northern 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.