Federal credit union · Boca Raton, Florida · NCUA charter #21202
South Atlantic
Health score 78/100 (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 78
- Health / 100
- $17.5M
- Total assets
- 2,141
- Members
- 9.0%
- Net-worth ratio
South Atlantic - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #21202: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
South Atlantic - 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)92
- Asset quality (delinquency)76
- Earnings (ROA)79
- Member growth49
- Liquidity (loan-to-share)79
Weighted composite: 78/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
8.99% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 8.99% | 30% |
| Delinquency Rate | 1.13% | 25% |
| Return on Assets | 0.29% | 15% |
| Member Growth | -0.88% | 15% |
| Loan-to-Share Ratio | 56.18% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $10M–$50M (1163 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $17.5M | 2,141 |
| 2024Q4 | $16.8M | 2,160 |
| 2023Q4 | $17.6M | 2,213 |
Credit Union Details
- Charter Number
- 21202
- Type
- Federal
- Field of Membership
- Other/Community
- Peer Group
- $10M–$50M
- State
- Florida
- City
- Boca Raton
- Data Quarter
- 2025Q4
What This Data Says About South Atlantic
The five-factor composite scores South Atlantic at 78/100 (Very Good), reflecting a net worth ratio of 8.99% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. This federal credit union, headquartered in Boca Raton, Florida, reports 2,141 members, $17.5M in total assets, and $8.8M in outstanding loans as of Q4 2025 under charter #21202 (peer group $10M–$50M, a cohort of 1163 similarly-sized institutions).
Loan book quality rounds out the picture. The delinquency rate of 1.13% measures loans 60+ days past due against total loans outstanding - the peer group average for $10M–$50M credit unions sits at 1.145%, so this institution is running tighter than peers. The loan-to-share ratio of 56.18% indicates how aggressively member deposits are being deployed into lending, below the 60% band that typically signals under-deployed capital. Return on assets stands at 0.29% on net income of $51K 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 -0.88%. All of the above reflects the 2025Q4 quarterly NCUA 5300 Call Report. Who can join depends on the field of membership (currently: Other/Community); our disclaimer covers NCUSIF deposit-insurance coverage and how to use this data responsibly.
Nearby Credit Unions in Florida
Other federally-insured credit unions in Florida, closest first by peer group 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 South Atlantic financially healthy?
Yes/no aside, the number is 78/100 (Very Good) - South Atlantic's financial health score from the NCUA 5300 Call Report, Q4 2025. Above 80 reads excellent, below 50 warrants closer monitoring; a 8.99% net worth ratio and 1.13% delinquency rate are the key drivers.
How does South Atlantic compare to other credit unions?
78/100 is South Atlantic's score on PlainCU's health composite, compared to a peer group average for $10M–$50M 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 South Atlantic?
South Atlantic 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 South Atlantic directly for the exact boundaries and application steps.
Is my money safe at South Atlantic?
Federal credit unions like South Atlantic 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. South Atlantic's net worth ratio of 8.99% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does South Atlantic offer compared to banks?
Credit unions like South Atlantic 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 South Atlantic 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.