Federal credit union · PAINESVILLE, Ohio · NCUA charter #24545
THEORY
Health score 74/100, grade B (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 74
- Health / 100
- $37.3M
- Total assets
- 3,512
- Members
- 8.4%
- Net-worth ratio
THEORY scores 74/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $37.3M; members 3,512; net-worth ratio 8.36%; health rank #3,366 of 4,374; healthier than 23rd of scored peers.
Federal Call Report extract
NCUA 5300 Call Report Masthead
#3,366 of 4,374 health · 2025Q4THEORY · health 74/100 · $37.3M · 2025Q4
Call Report peers
THEORY in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
THEORY vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); THEORY sits in 70-74 with 317 others.
74 23rd percentile higher than 23% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
THEORY: Call Report deltas vs peers
- Largest lag: Net Worth Ratio at 8.36% vs peer 14.86% (-6.50 pp).
THEORY in Ohio
- Health composite ranks #157 of 196 among scored Ohio credit unions.
- Ohio assets place: #120 of 196.
- Ohio membership ordinal: #116 of 196.
- One place up in Ohio, TOPMARK (#156) ties at 74/100; one place down, Erie Community (#158) scores 73/100, 1 point lower.
THEORY: 2025Q4 → 2026Q1
THEORY: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +4.7% from $37.3M (2025Q4) to $39.0M (2026Q1).
- Net-worth ratio shifted -0.36 pp (8.72% → 8.36%).
This credit union's 8.36% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 74/100 score is built
THEORY gives up 26 points in total. Delinquency Rate costs the most, 15.6 of its 25; Return on Assets scores full marks.
- Net Worth Ratio 25.9 pts
- Delinquency Rate 9.4 pts
- Return on Assets 15.0 pts
- Member Growth 12.2 pts
- Loan-to-Share Ratio 11.5 pts
THEORY health metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 8.36% | -6.50 pp |
| Delinquency Rate | 2.50% | +1.35 pp |
| Return on Assets | 0.64% | -0.07 pp |
| Member Growth | 2.63% | - |
| Loan-to-Share Ratio | 54.77% | -5.03 pp |
Peer averages: $10M–$50M cohort, 1163 credit unions, 2025Q4 filing.
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $39.0M | - |
| 2025Q4 | $37.3M | 3,512 |
| 2024Q4 | $34.2M | 3,422 |
| 2023Q4 | $33.7M | 3,399 |
Credit Union Details
- Charter Number
- 24545
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $10M–$50M
- State
- Ohio
- City
- PAINESVILLE
- Data Quarter
- 2025Q4
Branch Locations (3)
THEORY operates 3 offices across 3 cities, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Theory FCU (Main Office) | Painesville, OH |
| Madison High School branch | Madison, OH |
| North Olmsted Office | North Olmsted, OH |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Ohio
More federally-insured credit unions based in Ohio, ordered by peer group match and asset size.
Other-state peers near THEORY
Similar total assets
Similar health score
Using this data
- THEORY ranks #3,366 of 4,374 nationally on financial health and #157 of 196 in OH -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- CHIVAHO is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with CHIVAHO
Frequently Asked Questions
Is THEORY financially healthy?
On its 2025Q4 NCUA 5300 filing, THEORY scores 74/100 (Very Good), with a 8.36% net worth ratio and 2.50% of loans delinquent. It ranks #3,366 of 4,374 nationally on health and #157 of 196 in Ohio.
How does THEORY compare to other credit unions?
THEORY scores 74/100, higher than 23% of the 4,374 scored credit unions. Its widest shortfall is net worth ratio (8.36% vs 14.86%).
How can I join THEORY?
THEORY 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 THEORY directly for the exact boundaries and application steps.
Is my money safe at THEORY?
THEORY 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. THEORY's net worth ratio of 8.36% 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.