Federal credit union · PASSAIC, New Jersey · NCUA charter #12227
Passaic Police
Health score 78/100 (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 78
- Health / 100
- $7.1M
- Total assets
- 615
- Members
- 14.2%
- Net-worth ratio
Passaic Police - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #12227: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Passaic Police - Five Health Pillars
Each bar is the credit union's 0-100 sub-score on one pillar of the composite. The weighted sum of these five sub-scores is the headline health score above, same NCUA 5300 figures, no normalisation tricks.
- Capital (net worth ratio)100
- Asset quality (delinquency)57
- Earnings (ROA)100
- Member growth65
- Liquidity (loan-to-share)61
Weighted composite: 78/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
At 14.16%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 14.16% | 30% |
| Delinquency Rate | 1.77% | 25% |
| Return on Assets | 1.27% | 15% |
| Member Growth | 0.65% | 15% |
| Loan-to-Share Ratio | 35.36% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $2M–$10M (566 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $7.1M | 615 |
| 2024Q4 | $7.0M | 611 |
| 2023Q4 | $7.7M | 628 |
Credit Union Details
- Charter Number
- 12227
- Type
- Federal
- Field of Membership
- Low Income
- Peer Group
- $2M–$10M
- State
- New Jersey
- City
- PASSAIC
- Data Quarter
- 2025Q4
What This Data Says About Passaic Police
Passaic Police is a federal credit union headquartered in PASSAIC, New Jersey, serving 615 members with $7.1M in total assets and $2.2M in outstanding loans as of Q4 2025. Based on its five-factor composite, the institution earns a health score of 78/100 (Very Good), anchored by a net worth ratio of 14.16% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. Charter #12227 operates under peer group $2M–$10M, a cohort of 566 similarly-sized institutions.
1.77% of the loan book sits 60+ days past due, the headline loan-quality read - the peer group average for $2M–$10M credit unions sits at 1.809%, so this institution is running tighter than peers. Deposit deployment is captured by the 35.36% loan-to-share ratio, below the 60% band that typically signals under-deployed capital. Return on assets stands at 1.27% on net income of $90K for the period; a not-for-profit cooperative typically runs a modest positive ROA, returning surplus to members through better rates and lower fees rather than to shareholders.
Year-over-year membership changed by 0.65%. The institution reports against the NCUA 5300 Call Report on a quarterly cadence; the figures above reflect the 2025Q4 reporting period. Membership eligibility depends on the stated field of membership (currently: Low Income). See our disclaimer for NCUSIF deposit-insurance coverage and how to use this data before opening any account or borrowing.
Nearby Credit Unions in New Jersey
A look at other New Jersey credit unions, ranked by how closely their peer group and asset size match this one.
Sources & disclaimer
Source: NCUA 5300 Call Report, Q4 2025. Source: NCUA Share Insurance Fund (NCUSIF), federal deposit insurance up to $250,000. Not affiliated with NCUA. For informational purposes only.
Frequently Asked Questions
Is Passaic Police financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, Passaic Police carries a financial health score of 78/100 (Very Good). On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 14.16% net worth ratio and a 1.77% delinquency rate.
How does Passaic Police compare to other credit unions?
Five weighted metrics from NCUA filings produce Passaic Police's 78/100 score on PlainCU's health composite, compared to a peer group average for $2M–$10M 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 Passaic Police?
Passaic Police carries an NCUA Low-Income Designation, which typically means anyone can join regardless of employer or location, and the credit union is eligible for supplemental capital and secondary capital rules not available to standard charters. Contact Passaic Police directly to confirm current membership steps.
Is my money safe at Passaic Police?
Federal credit unions like Passaic Police 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. Passaic Police's net worth ratio of 14.16% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Passaic Police offer compared to banks?
Credit unions like Passaic Police 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 Passaic Police directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Read our methodology - how this data is sourced, computed, and verified.
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.