Federal credit union · Oceanside, New York · NCUA charter #19269
Ocean Financial
Health score 66/100, grade C (Good) - from the NCUA 5300 Call Report, 2025Q4.
- 66
- Health / 100
- $407.6M
- Total assets
- 14,057
- Members
- 8.2%
- Net-worth ratio
Ocean Financial scores 66/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $407.6M; members 14,057; net-worth ratio 8.21%; health rank #3,841 of 4,374; healthier than 12th of scored peers.
NCUA 5300 Call Report masthead
NCUA 5300 Call Report Masthead
#3,841 of 4,374 health · 2025Q4Ocean Financial · health 66/100 · $407.6M · 2025Q4
Call Report peers
Ocean Financial in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Ocean Financial vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); Ocean Financial sits in 65-69 with 275 others.
66 12th percentile higher than 12% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
Ocean Financial: Call Report deltas vs peers
- Strongest edge vs 1069 $100M–$500M peers is Loan-to-Share Ratio: +4.77 pp (76.97% vs 72.20%).
- Widest shortfall vs peers is Net Worth Ratio: -3.90 pp (8.21% vs 12.11%).
Ocean Financial: in-state Call Report ranks
- In New York, health place is #224 of 272 on the same NCUA-ratio sort used nationally.
- By total assets, Ocean Financial is #41 of 272 in New York.
- Member book place in New York: #56 of 272.
- One place up in New York, St. Pius X Church (#223) ties at 66/100; one place down, Church of the Master (#225) scores 65/100, 1 point lower.
How Ocean Financial's 5300 filing moved
Ocean Financial: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved -1.5% from $407.6M (2025Q4) to $401.5M (2026Q1).
- Net-worth ratio shifted +0.18 pp (8.03% → 8.21%).
8.21% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 66/100 score is built
Ocean Financial gives up 34 points in total. Return on Assets costs the most, 12.6 of its 15; Loan-to-Share Ratio scores full marks.
- Net Worth Ratio 25.5 pts
- Delinquency Rate 16.5 pts
- Return on Assets 2.4 pts
- Member Growth 6.6 pts
- Loan-to-Share Ratio 15.0 pts
Ocean Financial vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 8.21% | -3.90 pp |
| Delinquency Rate | 1.47% | +0.57 pp |
| Return on Assets | -0.23% | -0.85 pp |
| Member Growth | -1.33% | - |
| Loan-to-Share Ratio | 76.97% | +4.77 pp |
Peer averages: $100M–$500M cohort, 1069 credit unions, 2025Q4 filing.
Ocean Financial quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $401.5M | - |
| 2025Q4 | $407.6M | 14,057 |
| 2024Q4 | $369.1M | 14,247 |
| 2023Q4 | $359.0M | 14,202 |
Credit Union Details
- Charter Number
- 19269
- Type
- Federal
- Field of Membership
- Community/Select Employee Group
- Peer Group
- $100M–$500M
- State
- New York
- City
- Oceanside
- Data Quarter
- 2025Q4
Branch Locations (5)
Per its most recent NCUA branch filing, Ocean Financial runs 5 offices in 3 different cities.
| Office | City |
|---|---|
| Oceanside (Main Office) | Oceanside, NY |
| Morris Ave Back Office | Rockville Centre, NY |
| Molloy University | Rockville Centre, NY |
| Mercy Hospital | Rockville Centre, NY |
| Seaford | Seaford, NY |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in New York
Other federally-insured credit unions in New York, closest first by peer group and asset size.
Other-state peers near Ocean Financial
Using this data
- Ocean Financial ranks #3,841 of 4,374 nationally on financial health and #224 of 272 in NY -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- High Point is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with High Point
Frequently Asked Questions
Is Ocean Financial financially healthy?
On its 2025Q4 NCUA 5300 filing, Ocean Financial scores 66/100 (Good), with a 8.21% net worth ratio and 1.47% of loans delinquent. It ranks #3,841 of 4,374 nationally on health and #224 of 272 in New York.
How does Ocean Financial compare to other credit unions?
Ocean Financial scores 66/100, higher than 12% of the 4,374 scored credit unions. Against the 1069 peers in the $100M–$500M cohort, its widest edge is loan-to-share ratio (76.97% vs 72.20%). Its widest shortfall is net worth ratio (8.21% vs 12.11%).
How can I join Ocean Financial?
Ocean Financial 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 Ocean Financial directly for the exact boundaries and application steps.
Is my money safe at Ocean Financial?
Ocean Financial is a federal credit union; its shares are federally 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. Ocean Financial's net worth ratio of 8.21% exceeds the 7% threshold NCUA considers "well capitalized."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.