State credit union · Cedar Rapids, Iowa · NCUA charter #65606
Teamsters Local #238
Health score 39/100 (Weak) - from the NCUA 5300 Call Report, 2025Q4.
- 39
- Health / 100
- $7.7M
- Total assets
- 1,727
- Members
- 2.3%
- Net-worth ratio
Teamsters Local #238 - Share Insurance Coverage
The 2025Q4 NCUA Call Report puts charter #65606 at the supervisory bracket and risk-based capital level shown below. NCUSIF protection is covered in our deposit-insurance coverage note.
Teamsters Local #238 - Five Health Pillars
Every bar shows this credit union's 0-100 sub-score for one pillar of the composite; weight and add the five and you land on the headline health score above, drawn from the same NCUA 5300 figures with no normalisation tricks.
- Capital (net worth ratio)19
- Asset quality (delinquency)53
- Earnings (ROA)15
- Member growth54
- Liquidity (loan-to-share)67
Weighted composite: 39/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
At 2.27%, this institution is below the 7.0% NCUA well-capitalized threshold.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 2.27% | 30% |
| Delinquency Rate | 1.91% | 25% |
| Return on Assets | -0.26% | 15% |
| Member Growth | -0.46% | 15% |
| Loan-to-Share Ratio | 44.89% | 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 | $7.7M | 1,727 |
| 2024Q4 | $7.9M | 1,735 |
| 2023Q4 | $8.2M | 1,748 |
Credit Union Details
- Charter Number
- 65606
- Type
- State
- Field of Membership
- Other
- Peer Group
- $2M–$10M
- State
- Iowa
- City
- Cedar Rapids
- Data Quarter
- 2025Q4
What This Data Says About Teamsters Local #238
Teamsters Local #238 is a state credit union headquartered in Cedar Rapids, Iowa, serving 1,727 members with $7.7M in total assets and $3.2M in outstanding loans as of Q4 2025. Based on its five-factor composite, the institution earns a health score of 39/100 (Weak), anchored by a net worth ratio of 2.27% - relative to the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. Charter #65606 operates under peer group $2M–$10M, a cohort of 566 similarly-sized institutions.
On loan book quality: 1.91% of loans are 60+ days past due against the total loan book - the peer group average for $2M–$10M credit unions sits at 1.809%, so this institution is running looser than peers. Meanwhile a 44.89% loan-to-share ratio shows how aggressively member deposits get deployed into lending, below the 60% band that typically signals under-deployed capital. Return on assets stands at -0.26% on net income of $-19671 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 -0.46%. 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 Iowa
More federally-insured credit unions based in Iowa, 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 Teamsters Local #238 financially healthy?
Yes/no aside, the number is 39/100 (Weak) - Teamsters Local #238's financial health score from the NCUA 5300 Call Report, Q4 2025. Above 80 reads excellent, below 50 warrants closer monitoring; a 2.27% net worth ratio and 1.91% delinquency rate are the key drivers.
How does Teamsters Local #238 compare to other credit unions?
Teamsters Local #238 scores 39/100 on PlainCU's health composite, compared to a peer group average for $2M–$10M credit unions. The score is based on five NCUA-reported metrics: net worth ratio (30%), delinquency rate (25%), return on assets (15%), member growth (15%), and 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 Teamsters Local #238?
Membership eligibility for Teamsters Local #238 depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Teamsters Local #238 directly for current membership requirements and application steps.
Is my money safe at Teamsters Local #238?
Federal credit unions like Teamsters Local #238 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. Teamsters Local #238's net worth ratio of 2.27% is relative to the 7% threshold NCUA considers "well capitalized."
What rates does Teamsters Local #238 offer compared to banks?
Credit unions like Teamsters Local #238 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 Teamsters Local #238 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.