State credit union · Greensboro, North Carolina · NCUA charter #63020
Summit
Health score 96/100 (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 96
- Health / 100
- $360.3M
- Total assets
- 37,288
- Members
- 10.5%
- Net-worth ratio
Summit - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #63020: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Summit - 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)83
- Earnings (ROA)100
- Member growth100
- Liquidity (loan-to-share)100
Weighted composite: 96/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
At 10.49%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 10.49% | 30% |
| Delinquency Rate | 0.93% | 25% |
| Return on Assets | 0.84% | 15% |
| Member Growth | 17.08% | 15% |
| Loan-to-Share Ratio | 79.86% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $360.3M | 37,288 |
| 2024Q4 | $349.4M | 31,848 |
| 2023Q4 | $338.2M | 33,025 |
Credit Union Details
- Charter Number
- 63020
- Type
- State
- Field of Membership
- Other
- Peer Group
- $100M–$500M
- State
- North Carolina
- City
- Greensboro
- Data Quarter
- 2025Q4
What This Data Says About Summit
Summit is a state credit union headquartered in Greensboro, North Carolina, serving 37,288 members with $360.3M in total assets and $232.7M in outstanding loans as of Q4 2025. Based on its five-factor composite, the institution earns a health score of 96/100 (Excellent), anchored by a net worth ratio of 10.49% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. Charter #63020 operates under peer group $100M–$500M, a cohort of 1069 similarly-sized institutions.
0.93% of the loan book sits 60+ days past due, the headline loan-quality read - the peer group average for $100M–$500M credit unions sits at 0.894%, so this institution is running looser than peers. Deposit deployment is captured by the 79.86% loan-to-share ratio, within the 60-80% range most industry analysts consider optimally balanced between yield and liquidity. Return on assets stands at 0.84% on net income of $3.0M 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 17.08%. The institution reports against the NCUA 5300 Call Report on a quarterly cadence; the figures above reflect the 2025Q4 reporting period. Membership eligibility depends on the stated field of membership (currently: Other). See our disclaimer for NCUSIF deposit-insurance coverage and how to use this data before opening any account or borrowing.
Nearby Credit Unions in North Carolina
Other federally-insured credit unions in North Carolina, 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 Summit financially healthy?
Summit scores 96/100 (Excellent) on financial health, per the NCUA 5300 Call Report for Q4 2025. Anything above 80 is considered excellent, anything below 50 may need closer monitoring - this score reflects a 10.49% net worth ratio and a 0.93% delinquency rate.
How does Summit compare to other credit unions?
96/100 is Summit's score on PlainCU's health composite, compared to a peer group average for $100M–$500M 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 Summit?
Membership eligibility for Summit depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Summit directly for current membership requirements and application steps.
Is my money safe at Summit?
Federal credit unions like Summit 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. Summit's net worth ratio of 10.49% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Summit offer compared to banks?
Credit unions like Summit 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 Summit 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.