Federal credit union · Norco, California · NCUA charter #15784
NOVO
Health score 97/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 97
- Health / 100
- $19.8M
- Total assets
- 2,290
- Members
- 13.1%
- Net-worth ratio
NOVO scores 97/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $19.8M; members 2,290; net-worth ratio 13.09%; health rank #166 of 4,374; healthier than 95th of scored peers.
NCUA 5300 Call Report masthead
NCUA 5300 Call Report Masthead
#166 of 4,374 health · 2025Q4NOVO · health 97/100 · $19.8M · 2025Q4
- ROA 97/100
- ASSETS 13.1%
- MEM 0.38%
- RANK 1.90%
- PHOTO $19.8M
- BOOK 2,290
- CHARTER #166/4,374
- NCUSIF Ppg & Associates
- CAMELS 15784
Call Report peers
NOVO in the assets neighbourhood
NOVO's $19.8M assets sit next to Ppg & Associates ($19.8M) 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.
NOVO 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
97 Top 5% higher than 95% 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
NOVO - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #15784: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Where NOVO diverges from peer averages
- Strongest edge vs 1163 $10M–$50M peers is Loan-to-Share Ratio: +17.69 pp (77.49% vs 59.80%).
- Largest lag: Net Worth Ratio at 13.09% vs peer 14.86% (-1.77 pp).
Peer averages are NCUA 5300 means for the $10M–$50M cohort (1163 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
NOVO in California
- California health ordinal: #13 of 243.
- By total assets, NOVO is #215 of 243 in California.
- California membership ordinal: #194 of 243.
In-state ordinals use the live credit_unions table for CA only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
NOVO: 2025Q4 → 2026Q1
NOVO: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +4.8% from $19.8M (2025Q4) to $20.8M (2026Q1).
- Net-worth ratio shifted -0.51 pp (13.60% → 13.09%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
At 13.09%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
How the 97/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 97.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 25.0 pts
- Return on Assets 15.0 pts
- Member Growth 11.6 pts
- Loan-to-Share Ratio 15.4 pts
Financial Health Metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 13.09% | -1.77 pp |
| Delinquency Rate | 0.38% | -0.77 pp |
| Return on Assets | 1.90% | +1.20 pp |
| Member Growth | 2.19% | - |
| Loan-to-Share Ratio | 77.49% | +17.69 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $10M–$50M (1163 CUs).
NOVO quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $20.8M | - |
| 2025Q4 | $19.8M | 2,290 |
| 2024Q4 | $18.1M | 2,241 |
| 2023Q4 | $17.9M | 2,230 |
Credit Union Details
- Charter Number
- 15784
- Type
- Federal
- Field of Membership
- Multiple Common Bond
- Peer Group
- $10M–$50M
- State
- California
- City
- Norco
- Data Quarter
- 2025Q4
Branch Locations (2)
NOVO operates 2 offices in Norco, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Novo Federal Credit Union (Main Office) | Norco, CA |
| Novo Federal Credit Union | Norco, CA |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in California
A look at other California credit unions, ranked by how closely their peer group and asset size match this one.
NOVO nationwide neighbourhoods
NOVO's nationwide photo peers by assets and by health score, excluding California charters.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($19.8M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (97/100 here).
Using this data
- NOVO ranks #166 of 4,374 nationally on financial health and #13 of 243 in CA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- FONTANA is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with FONTANA
- Rates and health both vary by institution, not just by state -- see how California credit unions compare overall before assuming this one is typical. California 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 NOVO financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, NOVO carries a financial health score of 97/100 (Excellent). On the national health ranking (same basis as /rankings/healthiest), it sits at #166 of 4,374; by total assets it ranks #3,162 of 4,374 nationally (same basis as /rankings/largest); and #215 of 243 within California. On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 13.09% net worth ratio and a 0.38% delinquency rate.
How does NOVO compare to other credit unions?
Five weighted metrics from NCUA filings produce NOVO's 97/100 score on PlainCU's health composite, compared to a peer group average for $10M–$50M 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 NOVO?
NOVO serves multiple common-bond groups, membership usually requires belonging to one of several qualifying employers, associations, or organizations the credit union has chartered to serve. Contact NOVO directly for the current list of qualifying groups.
Is my money safe at NOVO?
Federal credit unions like NOVO 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. NOVO's net worth ratio of 13.09% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does NOVO offer compared to banks?
Credit unions like NOVO 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 NOVO 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.