Federal credit union · Chicago, Illinois · NCUA charter #24704
South Side Community
Health score 52/100 (Fair) - from the NCUA 5300 Call Report, 2025Q4.
- 52
- Health / 100
- $5.4M
- Total assets
- 1,400
- Members
- 14.6%
- Net-worth ratio
South Side Community - Share Insurance Coverage
The 2025Q4 NCUA Call Report puts charter #24704 at the supervisory bracket and risk-based capital level shown below. NCUSIF protection is covered in our deposit-insurance coverage note.
South Side Community - Five Health Pillars
The five bars below are this credit union's pillar-level 0-100 sub-scores. Sum the weighted pillars and you get the headline health score above - same NCUA 5300 data, no normalisation tricks applied.
- Capital (net worth ratio)100
- Asset quality (delinquency)49
- Earnings (ROA)0
- Member growth0
- Liquidity (loan-to-share)62
Weighted composite: 52/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
At 14.59%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 14.59% | 30% |
| Delinquency Rate | 2.04% | 25% |
| Return on Assets | -3.64% | 15% |
| Member Growth | -15.15% | 15% |
| Loan-to-Share Ratio | 36.18% | 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 | $5.4M | 1,400 |
| 2024Q4 | $5.8M | 1,650 |
| 2023Q4 | $6.1M | 1,800 |
Credit Union Details
- Charter Number
- 24704
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $2M–$10M
- State
- Illinois
- City
- Chicago
- Data Quarter
- 2025Q4
What This Data Says About South Side Community
Charter #24704, peer group $2M–$10M, a cohort of 566 similarly-sized institutions: that's South Side Community, a federal credit union in Chicago, Illinois with 1,400 members, $5.4M in total assets, and $1.5M in outstanding loans as of Q4 2025. The five-factor composite scores it 52/100 (Fair), helped by a net worth ratio of 14.59% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules.
2.04% of the loan book sits 60+ days past due, the headline loan-quality read - the peer group average for $2M–$10M credit unions sits at 1.809%, so this institution is running looser than peers. Deposit deployment is captured by the 36.18% loan-to-share ratio, below the 60% band that typically signals under-deployed capital. Return on assets stands at -3.64% on net income of $-198289 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 -15.15%. The quarterly NCUA 5300 Call Report is the source for everything above, current through 2025Q4. Field of membership (currently: Community) decides eligibility to join. NCUSIF deposit-insurance coverage and usage guidance for this data live on our disclaimer page.
Nearby Credit Unions in Illinois
More federally-insured credit unions based in Illinois, 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 South Side Community financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, South Side Community carries a financial health score of 52/100 (Fair). On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 14.59% net worth ratio and a 2.04% delinquency rate.
How does South Side Community compare to other credit unions?
52/100 is South Side Community's score on PlainCU's health composite, compared to a peer group average for $2M–$10M 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 Side Community?
South Side Community 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 Side Community directly for the exact boundaries and application steps.
Is my money safe at South Side Community?
Federal credit unions like South Side Community 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 Side Community's net worth ratio of 14.59% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does South Side Community offer compared to banks?
Credit unions like South Side Community 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 Side Community 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.