Federal credit union · Schenectady, New York · NCUA charter #16278
Schenectady County Employees
Health score 53/100 (Fair) - from the NCUA 5300 Call Report, 2025Q4.
- 53
- Health / 100
- $5.5M
- Total assets
- 645
- Members
- 5.1%
- Net-worth ratio
Schenectady County Employees - Share Insurance Coverage
Composite supervisory bracket and risk-based capital, read from the 2025Q4 NCUA Call Report for charter #16278. See our deposit-insurance coverage note.
Schenectady County Employees - Five Health Pillars
Below, five 0-100 sub-scores, one per pillar of the composite. Weight and sum them and the result matches the headline health score above exactly - same NCUA 5300 figures, no normalisation tricks.
- Capital (net worth ratio)42
- Asset quality (delinquency)53
- Earnings (ROA)62
- Member growth15
- Liquidity (loan-to-share)100
Weighted composite: 53/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
This institution's 5.05% net worth ratio sits below the NCUA's 7.0% well-capitalized threshold.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 5.05% | 30% |
| Delinquency Rate | 1.89% | 25% |
| Return on Assets | 0.12% | 15% |
| Member Growth | -3.73% | 15% |
| Loan-to-Share Ratio | 70.47% | 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 | $5.5M | 645 |
| 2024Q4 | $5.1M | 670 |
| 2023Q4 | $5.0M | 670 |
Credit Union Details
- Charter Number
- 16278
- Type
- Federal
- Field of Membership
- Multiple Common Bond
- Peer Group
- $2M–$10M
- State
- New York
- City
- Schenectady
- Data Quarter
- 2025Q4
What This Data Says About Schenectady County Employees
Charter #16278, peer group $2M–$10M, a cohort of 566 similarly-sized institutions: that's Schenectady County Employees, a federal credit union in Schenectady, New York with 645 members, $5.5M in total assets, and $3.5M in outstanding loans as of Q4 2025. The five-factor composite scores it 53/100 (Fair), helped by a net worth ratio of 5.05% - relative to the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules.
Two more numbers round out the picture: a 1.89% delinquency rate (loans 60+ days past due against the total book) - the peer group average for $2M–$10M credit unions sits at 1.809%, so this institution is running looser than peers - and a 70.47% loan-to-share ratio, within the 60-80% range most industry analysts consider optimally balanced between yield and liquidity. Return on assets stands at 0.12% on net income of $7K 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 -3.73%. Reported quarterly to the NCUA, this data reflects the 2025Q4 Call Report period. Eligibility to join runs through the field of membership (currently: Multiple Common Bond) - see our disclaimer before opening an account or borrowing, for NCUSIF coverage details and data usage notes.
Nearby Credit Unions in New York
A look at other New York 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 Schenectady County Employees financially healthy?
Schenectady County Employees has a financial health score of 53/100 (Fair) 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 5.05% and delinquency rate of 1.89%.
How does Schenectady County Employees compare to other credit unions?
Five weighted metrics from NCUA filings produce Schenectady County Employees's 53/100 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 Schenectady County Employees?
Schenectady County Employees serves multiple common-bond groups, membership usually requires belonging to one of several qualifying employers, associations, or organizations the credit union has chartered to serve. Contact Schenectady County Employees directly for the current list of qualifying groups.
Is my money safe at Schenectady County Employees?
Federal credit unions like Schenectady County 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. Schenectady County Employees's net worth ratio of 5.05% is relative to the 7% threshold NCUA considers "well capitalized."
What rates does Schenectady County Employees offer compared to banks?
Credit unions like Schenectady County 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 Schenectady County 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.