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
- CHARTER 74/100
- NCUSIF 8.4%
- CAMELS 2.50%
- HEALTH 0.64%
- NW $37.3M
- DELQ 3,512
- ROA #3,366/4,374
- ASSETS City of Firsts Community
- MEM 24545
Call Report peers
THEORY in the assets neighbourhood
THEORY's $37.3M assets sit next to City of Firsts Community ($37.3M) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
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
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
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 - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #24545: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
THEORY: Call Report deltas vs peers
- Largest lag: Net Worth Ratio at 8.36% vs peer 14.86% (-6.50 pp).
Peer averages are NCUA 5300 means for the $10M–$50M cohort (1163 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
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.
In-state ordinals use the live credit_unions table for OH only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
THEORY: 2025Q4 → 2026Q1
THEORY: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +4.7% from $37.3M (2025Q4) to $39.0M (2026Q1).
- Net-worth ratio shifted -0.36 pp (8.72% → 8.36%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
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
Each segment is a pillar's weighted contribution to the composite; widths sum to 74.
- 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 |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $10M–$50M (1163 CUs).
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
Cross-state asset and health neighbours for THEORY - kept outside Ohio; in-state CUs stay in the Nearby block.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($37.3M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (74/100 here).
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
- Rates and health both vary by institution, not just by state -- see how Ohio credit unions compare overall before assuming this one is typical. Ohio state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is THEORY financially healthy?
Yes/no aside, the number is 74/100 (Very Good) - THEORY's financial health score from the NCUA 5300 Call Report, Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #3,366 of 4,374; by total assets it ranks #2,669 of 4,374 nationally (same basis as /rankings/largest); and #120 of 196 within Ohio. Above 80 reads excellent, below 50 warrants closer monitoring; a 8.36% net worth ratio and 2.50% delinquency rate are the key drivers.
How does THEORY compare to other credit unions?
On PlainCU's health composite, THEORY lands at 74/100, compared to a peer group average for $10M–$50M credit unions. Five NCUA-reported metrics feed that number: net worth ratio (weighted 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 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?
Federal credit unions like THEORY 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. THEORY's net worth ratio of 8.36% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does THEORY offer compared to banks?
Credit unions like THEORY 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 THEORY directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
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.