State credit union · OAKDALE, Minnesota · NCUA charter #65063
NOVATION
Health score 83/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 83
- Health / 100
- $241.8M
- Total assets
- 14,498
- Members
- 10.9%
- Net-worth ratio
NOVATION scores 83/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $241.8M; members 14,498; net-worth ratio 10.86%; health rank #2,298 of 4,374; healthier than 46th of scored peers.
NCUA Call Report stamp band
NCUA 5300 Call Report Masthead
#2,298 of 4,374 health · 2025Q4NOVATION · health 83/100 · $241.8M · 2025Q4
- NCUSIF 83/100
- CAMELS 10.9%
- HEALTH 0.66%
- NW 1.05%
- DELQ $241.8M
- ROA 14,498
- ASSETS #2,298/4,374
- MEM Ohio Valley Community
- RANK 65063
Call Report peers
NOVATION in the assets neighbourhood
NOVATION's $241.8M assets sit next to Ohio Valley Community ($241.4M) 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.
NOVATION 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
83 46th percentile higher than 46% 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
NOVATION - Share Insurance Coverage
Below: composite supervisory bracket and risk-based capital for charter #65063, per the 2025Q4 NCUA Call Report. Our deposit-insurance coverage note explains how the $250,000 NCUSIF ceiling works.
NOVATION: Call Report deltas vs peers
- Loan-to-Share Ratio leads the peer set - 79.67% here, 72.20% peer average (+7.47 pp).
- Net Worth Ratio trails the peer set - 10.86% here, 12.11% peer average (-1.25 pp).
Peer averages are NCUA 5300 means for the $100M–$500M cohort (1069 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Minnesota standing for NOVATION
- Minnesota health ordinal: #54 of 82.
- Minnesota assets place: #26 of 82.
- Minnesota membership ordinal: #27 of 82.
In-state ordinals use the live credit_unions table for MN only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
Quarter path for NOVATION
NOVATION: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +4.4% from $241.8M (2025Q4) to $252.3M (2026Q1).
- Net-worth ratio shifted +0.14 pp (10.72% → 10.86%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
10.86% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 83/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 83.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 23.4 pts
- Return on Assets 15.0 pts
- Member Growth 0.0 pts
- Loan-to-Share Ratio 14.6 pts
NOVATION vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 10.86% | -1.25 pp |
| Delinquency Rate | 0.66% | -0.23 pp |
| Return on Assets | 1.05% | +0.43 pp |
| Member Growth | -15.59% | - |
| Loan-to-Share Ratio | 79.67% | +7.47 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).
NOVATION filing history
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $252.3M | - |
| 2025Q4 | $241.8M | 14,498 |
| 2024Q4 | $232.5M | 17,176 |
| 2023Q4 | $227.1M | 16,987 |
Credit Union Details
- Charter Number
- 65063
- Type
- State
- Field of Membership
- Other
- Peer Group
- $100M–$500M
- State
- Minnesota
- City
- OAKDALE
- Data Quarter
- 2025Q4
Branch Locations (2)
The NCUA branch filing lists 2 physical offices for NOVATION, spread across 2 cities.
| Office | City |
|---|---|
| Novation Credit Union (Main Office) | Oakdale, MN |
| Hutchinson Branch | Hutchinson, MN |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Minnesota
Other federally-insured credit unions in Minnesota, closest first by peer group and asset size.
Other-state peers near NOVATION
Cross-state asset and health neighbours for NOVATION - kept outside Minnesota; in-state CUs stay in the Nearby block.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($241.8M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (83/100 here).
Using this data
- NOVATION ranks #2,298 of 4,374 nationally on financial health and #54 of 82 in MN -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Building Trades is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Building Trades
- Rates and health both vary by institution, not just by state -- see how Minnesota credit unions compare overall before assuming this one is typical. Minnesota 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 NOVATION financially healthy?
Yes/no aside, the number is 83/100 (Excellent) - NOVATION's financial health score from the NCUA 5300 Call Report, Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #2,298 of 4,374; by total assets it ranks #1,165 of 4,374 nationally (same basis as /rankings/largest); and #26 of 82 within Minnesota. Above 80 reads excellent, below 50 warrants closer monitoring; a 10.86% net worth ratio and 0.66% delinquency rate are the key drivers.
How does NOVATION compare to other credit unions?
On PlainCU's health composite, NOVATION lands at 83/100, compared to a peer group average for $100M–$500M credit unions. Five NCUA-reported metrics feed that number: net worth ratio (weighted 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 NOVATION?
Membership eligibility for NOVATION depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact NOVATION directly for current membership requirements and application steps.
Is my money safe at NOVATION?
Federal credit unions like NOVATION 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. NOVATION's net worth ratio of 10.86% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does NOVATION offer compared to banks?
Credit unions like NOVATION 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 NOVATION 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.