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
Call Report peers
OCEANAIR in the assets neighbourhood
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
The busiest band is 85-89 (858 credit unions); OCEANAIR sits in 65-69 with 275 others.
69 16th percentile higher than 16% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
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).
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.
- One place up in California, FOX (#211) ties at 69/100; one place down, Valley Oak (#213) ties at 69/100.
OCEANAIR: 2025Q4 → 2026Q1
OCEANAIR: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +0.4% from $867.4M (2025Q4) to $870.8M (2026Q1).
- Net-worth ratio shifted +0.01 pp (7.50% → 7.51%).
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
OCEANAIR gives up 31 points in total. Member Growth costs the most, 11.2 of its 15; Delinquency Rate scores full marks.
- 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 |
Peer averages: Over $500M cohort, 749 credit unions, 2025Q4 filing.
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
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
Frequently Asked Questions
Is OCEANAIR financially healthy?
On its 2025Q4 NCUA 5300 filing, OCEANAIR scores 69/100 (Good), with a 7.51% net worth ratio and 0.35% of loans delinquent. It ranks #3,678 of 4,374 nationally on health and #212 of 243 in California.
How does OCEANAIR compare to other credit unions?
OCEANAIR scores 69/100, higher than 16% of the 4,374 scored credit unions. Against the 749 peers in the Over $500M cohort, its widest edge is loan-to-share ratio (107.91% vs 83.90%). Its widest shortfall is net worth ratio (7.51% vs 11.18%).
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?
OCEANAIR 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. OCEANAIR's net worth ratio of 7.51% 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.