State credit union · LONGVIEW, Washington · NCUA charter #68196
Red Canoe
Health score 93/100 (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 93
- Health / 100
- $1.17B
- Total assets
- 59,971
- Members
- 12.0%
- Net-worth ratio
Red Canoe - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #68196: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Red Canoe - 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)95
- Earnings (ROA)100
- Member growth70
- Liquidity (loan-to-share)91
Weighted composite: 93/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
This credit union's 12.00% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 12.00% | 30% |
| Delinquency Rate | 0.64% | 25% |
| Return on Assets | 0.55% | 15% |
| Member Growth | 1.27% | 15% |
| Loan-to-Share Ratio | 93.07% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $1.17B | 59,971 |
| 2024Q4 | $1.14B | 59,219 |
| 2023Q4 | $1.16B | 59,944 |
Credit Union Details
- Charter Number
- 68196
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- Washington
- City
- LONGVIEW
- Data Quarter
- 2025Q4
What This Data Says About Red Canoe
59,971 members and $1.17B in total assets sit behind Red Canoe, a state credit union in LONGVIEW, Washington, which posts a health score of 93/100 (Excellent) on the five-factor composite, with $935.8M in outstanding loans as of Q4 2025 and a net worth ratio of 12.00% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. The credit union operates under charter #68196 in peer group Over $500M, a cohort of 749 similarly-sized institutions.
Loan book quality rounds out the picture. The delinquency rate of 0.64% measures loans 60+ days past due against total loans outstanding - the peer group average for Over $500M credit unions sits at 0.874%, so this institution is running tighter than peers. The loan-to-share ratio of 93.07% indicates how aggressively member deposits are being deployed into lending, above the 80% band that can indicate tighter liquidity management. Return on assets stands at 0.55% on net income of $6.4M 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 1.27%. 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: Other). See our disclaimer for NCUSIF deposit-insurance coverage and how to use this data before opening any account or borrowing.
Nearby Credit Unions in Washington
More federally-insured credit unions based in Washington, ordered by peer group match and asset size.
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 Red Canoe financially healthy?
A 12.00% net worth ratio and a 0.64% delinquency rate feed into Red Canoe's financial health score of 93/100 (Excellent), from NCUA 5300 Call Report data as of Q4 2025. The scale: above 80 excellent, below 50 warrants closer monitoring.
How does Red Canoe compare to other credit unions?
Red Canoe scores 93/100 on PlainCU's health composite, compared to a peer group average for Over $500M credit unions. The score is based on five NCUA-reported metrics: net worth ratio (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 Red Canoe?
Membership eligibility for Red Canoe depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Red Canoe directly for current membership requirements and application steps.
Is my money safe at Red Canoe?
Federal credit unions like Red Canoe 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. Red Canoe's net worth ratio of 12.00% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Red Canoe offer compared to banks?
Credit unions like Red Canoe 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 Red Canoe 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.