Federal credit union · Oxnard, California · NCUA charter #7608
OCEANAIR
Health score 69/100, grade C (Good) - from the NCUA 5300 Call Report, 2025Q4.
- 69
- Health / 100
- $867.4M
- Total assets
- 27,330
- Members
- 7.5%
- Net-worth ratio
OCEANAIR scores 69/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $867.4M; members 27,330; net-worth ratio 7.51%; health rank #3,678 of 4,374; healthier than 16th of scored peers.
Federal Call Report extract
NCUA 5300 Call Report Masthead
#3,678 of 4,374 health · 2025Q4OCEANAIR · health 69/100 · $867.4M · 2025Q4
- PHOTO 69/100
- BOOK 7.5%
- CHARTER 0.35%
- NCUSIF 0.12%
- CAMELS $867.4M
- HEALTH 27,330
- NW #3,678/4,374
- DELQ COMMUNITYWIDE
- ROA 7608
Call Report peers
OCEANAIR in the assets neighbourhood
OCEANAIR's $867.4M assets sit next to COMMUNITYWIDE ($869.0M) 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.
OCEANAIR 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
69 16th percentile higher than 16% 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
OCEANAIR - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #7608: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Where OCEANAIR diverges from peer averages
- Strongest edge vs 749 Over $500M peers is Loan-to-Share Ratio: +24.01 pp (107.91% vs 83.90%).
- Largest lag: Net Worth Ratio at 7.51% vs peer 11.18% (-3.67 pp).
Peer averages are NCUA 5300 means for the Over $500M cohort (749 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
OCEANAIR: in-state Call Report ranks
- Health composite ranks #212 of 243 among scored California credit unions.
- California assets place: #72 of 243.
- California membership ordinal: #89 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.
OCEANAIR: 2025Q4 → 2026Q1
OCEANAIR: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +0.4% from $867.4M (2025Q4) to $870.8M (2026Q1).
- Net-worth ratio shifted +0.01 pp (7.50% → 7.51%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
This credit union's 7.51% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 69/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 69.
- Net Worth Ratio 23.8 pts
- Delinquency Rate 25.0 pts
- Return on Assets 9.3 pts
- Member Growth 3.8 pts
- Loan-to-Share Ratio 7.1 pts
Call Report ratios for OCEANAIR
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 7.51% | -3.67 pp |
| Delinquency Rate | 0.35% | -0.52 pp |
| Return on Assets | 0.12% | -0.39 pp |
| Member Growth | -2.92% | - |
| Loan-to-Share Ratio | 107.91% | +24.01 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
OCEANAIR quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $870.8M | - |
| 2025Q4 | $867.4M | 27,330 |
| 2024Q4 | $865.7M | 28,151 |
| 2023Q4 | $839.3M | 27,911 |
Credit Union Details
- Charter Number
- 7608
- Type
- Federal
- Field of Membership
- Other/Community
- Peer Group
- Over $500M
- State
- California
- City
- Oxnard
- Data Quarter
- 2025Q4
Branch Locations (5)
The NCUA branch filing lists 5 physical offices for OCEANAIR, spread across 5 cities.
| Office | City |
|---|---|
| Oceanair Federal Credit Union (Main Office) | Oxnard, CA |
| Camarillo Branch | Camarillo, CA |
| Simi Valley | Simi Valley, CA |
| Valley Strong Credit Union | Tehachapi, CA |
| Ventura Branch | Ventura, CA |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in California
More federally-insured credit unions based in California, ordered by peer group match and asset size.
Cross-state Call Report peers for OCEANAIR
OCEANAIR's nationwide photo peers by assets and by health score, excluding California charters.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($867.4M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (69/100 here).
Using this data
- OCEANAIR ranks #3,678 of 4,374 nationally on financial health and #212 of 243 in CA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Merced School Employees is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Merced School Employees
- 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 OCEANAIR financially healthy?
OCEANAIR has a financial health score of 69/100 (Good) based on NCUA 5300 Call Report data as of Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #3,678 of 4,374; by total assets it ranks #524 of 4,374 nationally (same basis as /rankings/largest); and #72 of 243 within California. Scores above 80 indicate excellent financial health; scores below 50 may warrant closer monitoring. Key factors include net worth ratio of 7.51% and delinquency rate of 0.35%.
How does OCEANAIR compare to other credit unions?
On PlainCU's health composite, OCEANAIR lands at 69/100, compared to a peer group average for Over $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 OCEANAIR?
OCEANAIR 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 OCEANAIR directly for the exact boundaries and application steps.
Is my money safe at OCEANAIR?
Federal credit unions like OCEANAIR 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. OCEANAIR's net worth ratio of 7.51% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does OCEANAIR offer compared to banks?
Credit unions like OCEANAIR 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 OCEANAIR 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.