Federal credit union · Richmond, Indiana · NCUA charter #17454
Richmond Light Employees
Health score 65/100 (Good) - from the NCUA 5300 Call Report, 2025Q4.
- 65
- Health / 100
- $1.2M
- Total assets
- 135
- Members
- 21.1%
- Net-worth ratio
Richmond Light Employees - Share Insurance Coverage
Below: composite supervisory bracket and risk-based capital for charter #17454, per the 2025Q4 NCUA Call Report. Our deposit-insurance coverage note explains how the $250,000 NCUSIF ceiling works.
Richmond Light Employees - Five Health Pillars
Every bar shows this credit union's 0-100 sub-score for one pillar of the composite; weight and add the five and you land on the headline health score above, drawn from the same NCUA 5300 figures with no normalisation tricks.
- Capital (net worth ratio)100
- Asset quality (delinquency)100
- Earnings (ROA)66
- Member growth0
- Liquidity (loan-to-share)0
Weighted composite: 65/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
This credit union's 21.11% 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 | 21.11% | 30% |
| Delinquency Rate | 0.00% | 25% |
| Return on Assets | 0.16% | 15% |
| Member Growth | -13.46% | 15% |
| Loan-to-Share Ratio | 136.89% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Under $2M (243 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $1.2M | 135 |
| 2024Q4 | $1.3M | 156 |
| 2023Q4 | $1.3M | 153 |
Credit Union Details
- Charter Number
- 17454
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- Under $2M
- State
- Indiana
- City
- Richmond
- Data Quarter
- 2025Q4
What This Data Says About Richmond Light Employees
135 members and $1.2M in total assets sit behind Richmond Light Employees, a federal credit union in Richmond, Indiana, which posts a health score of 65/100 (Good) on the five-factor composite, with $946K in outstanding loans as of Q4 2025 and a net worth ratio of 21.11% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. The credit union operates under charter #17454 in peer group Under $2M, a cohort of 243 similarly-sized institutions.
Two more numbers round out the picture: a 0.00% delinquency rate (loans 60+ days past due against the total book) - the peer group average for Under $2M credit unions sits at 4.477%, so this institution is running tighter than peers - and a 136.89% loan-to-share ratio, above the 80% band that can indicate tighter liquidity management. Return on assets stands at 0.16% on net income of $2K 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 -13.46%. Reported quarterly to the NCUA, this data reflects the 2025Q4 Call Report period. Eligibility to join runs through the field of membership (currently: Community) - see our disclaimer before opening an account or borrowing, for NCUSIF coverage details and data usage notes.
Nearby Credit Unions in Indiana
A look at other Indiana credit unions, ranked by how closely their peer group and asset size match this one.
- GARY POLICE DEPARTMENT EMPLOYEESGARY, IN · Under $2M45Health
- CONCORA WABASHWABASH, IN · Under $2M64Health
- HAMMOND FIREFIGHTERS ASSN.Hammond, IN · Under $2M81Health
- MT ZION INDIANAPOLISIndianapolis, IN · Under $2M87Health
- BATTERY EMPLOYEESAttica, IN · Under $2M60Health
Compare Richmond Light Employees vs GARY POLICE DEPARTMENT EMPLOYEES
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 Richmond Light Employees financially healthy?
Richmond Light Employees has a financial health score of 65/100 (Good) based on NCUA 5300 Call Report data as of Q4 2025. Scores above 80 indicate excellent financial health; scores below 50 may warrant closer monitoring. Key factors include net worth ratio of 21.11% and delinquency rate of 0.00%.
How does Richmond Light Employees compare to other credit unions?
65/100 is Richmond Light Employees's score on PlainCU's health composite, compared to a peer group average for Under $2M credit unions, built from five weighted NCUA metrics - net worth ratio at 30%, delinquency rate at 25%, return on assets at 15%, member growth at 15%, and loan-to-share ratio at 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 Richmond Light Employees?
Richmond Light Employees 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 Richmond Light Employees directly for the exact boundaries and application steps.
Is my money safe at Richmond Light Employees?
Federal credit unions like Richmond Light Employees 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. Richmond Light Employees's net worth ratio of 21.11% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Richmond Light Employees offer compared to banks?
Credit unions like Richmond Light Employees 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 Richmond Light Employees 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.