Federal credit union · Somerset, Massachusetts · NCUA charter #24239
SOMERSET
Health score 98/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 98
- Health / 100
- $259.0M
- Total assets
- 11,649
- Members
- 12.4%
- Net-worth ratio
SOMERSET scores 98/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $259.0M; members 11,649; net-worth ratio 12.40%; health rank #101 of 4,374; healthier than 97th of scored peers.
NCUA 5300 Call Report masthead
NCUA 5300 Call Report Masthead
#101 of 4,374 health · 2025Q4SOMERSET · health 98/100 · $259.0M · 2025Q4
Call Report peers
SOMERSET in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
SOMERSET vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); SOMERSET sits in 95-99 with 391 others.
98 Top 3% higher than 97% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
SOMERSET: Call Report deltas vs peers
- Largest favorable gap: Loan-to-Share Ratio at 75.86% vs peer 72.20% (+3.66 pp).
- Largest lag: Return on Assets at 0.51% vs peer 0.62% (-0.11 pp).
Massachusetts standing for SOMERSET
- Massachusetts health ordinal: #3 of 126.
- Assets rank #39 of 126 inside Massachusetts ($259.0M reported).
- Membership ranks #39 of 126 among Massachusetts CUs with a reported count (11,649 members).
- One place up in Massachusetts, First Priority (#2) ties at 98/100; one place down, Danvers Municipal (#4) scores 97/100, 1 point lower.
SOMERSET Call Report trajectory
SOMERSET: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +1.1% from $259.0M (2025Q4) to $261.9M (2026Q1).
- Net-worth ratio shifted +0.03 pp (12.37% → 12.40%).
12.40% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 98/100 score is built
SOMERSET gives up 2 points in total. Member Growth costs the most, 2.3 of its 15; Net Worth Ratio and Delinquency Rate and Return on Assets and Loan-to-Share Ratio score full marks.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 25.0 pts
- Return on Assets 15.0 pts
- Member Growth 12.7 pts
- Loan-to-Share Ratio 15.3 pts
Financial Health Metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 12.40% | +0.29 pp |
| Delinquency Rate | 0.17% | -0.73 pp |
| Return on Assets | 0.51% | -0.11 pp |
| Member Growth | 3.04% | - |
| Loan-to-Share Ratio | 75.86% | +3.66 pp |
Peer averages: $100M–$500M cohort, 1069 credit unions, 2025Q4 filing.
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $261.9M | - |
| 2025Q4 | $259.0M | 11,649 |
| 2024Q4 | $236.8M | 11,305 |
| 2023Q4 | $235.8M | 13,349 |
Credit Union Details
- Charter Number
- 24239
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $100M–$500M
- State
- Massachusetts
- City
- Somerset
- Data Quarter
- 2025Q4
Branch Locations (2)
Per its most recent NCUA branch filing, SOMERSET runs 2 offices in 2 different cities.
| Office | City |
|---|---|
| Somerset Federal Credit Union (Main Office) | Somerset, MA |
| Swansea Branch | Swansea, MA |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Massachusetts
More federally-insured credit unions based in Massachusetts, ordered by peer group match and asset size.
Cross-state Call Report peers for SOMERSET
Using this data
- SOMERSET ranks #101 of 4,374 nationally on financial health and #3 of 126 in MA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- TREMONT is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with TREMONT
Frequently Asked Questions
Is SOMERSET financially healthy?
On its 2025Q4 NCUA 5300 filing, SOMERSET scores 98/100 (Excellent), with a 12.40% net worth ratio and 0.17% of loans delinquent. It ranks #101 of 4,374 nationally on health and #3 of 126 in Massachusetts.
How does SOMERSET compare to other credit unions?
SOMERSET scores 98/100, higher than 97% of the 4,374 scored credit unions. Against the 1069 peers in the $100M–$500M cohort, its widest edge is loan-to-share ratio (75.86% vs 72.20%). Its widest shortfall is return on assets (0.51% vs 0.62%).
How can I join SOMERSET?
SOMERSET 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 SOMERSET directly for the exact boundaries and application steps.
Is my money safe at SOMERSET?
SOMERSET 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. SOMERSET's net worth ratio of 12.40% 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.