Federal credit union · Smyrna, Tennessee · NCUA charter #21354
VERITAS
Health score 79/100, grade B (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 79
- Health / 100
- $56.9M
- Total assets
- 4,938
- Members
- 7.6%
- Net-worth ratio
VERITAS scores 79/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $56.9M; members 4,938; net-worth ratio 7.64%; health rank #2,908 of 4,374; healthier than 33rd of scored peers.
Federal Call Report extract
NCUA 5300 Call Report Masthead
#2,908 of 4,374 health · 2025Q4VERITAS · health 79/100 · $56.9M · 2025Q4
- BOOK 79/100
- CHARTER 7.6%
- NCUSIF 0.61%
- CAMELS 0.19%
- HEALTH $56.9M
- NW 4,938
- DELQ #2,908/4,374
- ROA MOKELUMNE
- ASSETS 21354
Call Report peers
VERITAS in the assets neighbourhood
VERITAS's $56.9M assets sit next to MOKELUMNE ($57.0M) 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.
VERITAS 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
79 33rd percentile higher than 33% 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
VERITAS - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #21354: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
VERITAS: Call Report deltas vs peers
- Largest favorable gap: Loan-to-Share Ratio at 83.05% vs peer 62.60% (+20.45 pp).
- Widest shortfall vs peers is Net Worth Ratio: -5.98 pp (7.64% vs 13.62%).
Peer averages are NCUA 5300 means for the $50M–$100M cohort (584 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
VERITAS: in-state Call Report ranks
- In Tennessee, health place is #82 of 127 on the same NCUA-ratio sort used nationally.
- Assets rank #58 of 127 inside Tennessee ($56.9M reported).
- Member book place in Tennessee: #57 of 127.
In-state ordinals use the live credit_unions table for TN only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
VERITAS Call Report trajectory
VERITAS: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +3.1% from $56.9M (2025Q4) to $58.6M (2026Q1).
- Net-worth ratio shifted -0.16 pp (7.80% → 7.64%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
At 7.64%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
How the 79/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 79.
- Net Worth Ratio 24.1 pts
- Delinquency Rate 23.9 pts
- Return on Assets 10.3 pts
- Member Growth 5.6 pts
- Loan-to-Share Ratio 15.1 pts
Financial Health Metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 7.64% | -5.98 pp |
| Delinquency Rate | 0.61% | -0.35 pp |
| Return on Assets | 0.19% | -0.47 pp |
| Member Growth | -1.89% | - |
| Loan-to-Share Ratio | 83.05% | +20.45 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $50M–$100M (584 CUs).
VERITAS quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $58.6M | - |
| 2025Q4 | $56.9M | 4,938 |
| 2024Q4 | $52.4M | 5,033 |
| 2023Q4 | $52.2M | 5,155 |
Credit Union Details
- Charter Number
- 21354
- Type
- Federal
- Field of Membership
- Select Employee Group
- Peer Group
- $50M–$100M
- State
- Tennessee
- City
- Smyrna
- Data Quarter
- 2025Q4
Branch Locations (2)
Per its most recent NCUA branch filing, VERITAS runs 2 offices in 2 different cities across 2 states.
| Office | City |
|---|---|
| Smyrna Office (Main Office) | Smyrna, TN |
| Canton Office | Canton, MS |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Tennessee
A look at other Tennessee credit unions, ranked by how closely their peer group and asset size match this one.
Nationwide credit unions with similar profiles
Two NCUA Call Report peer sets for VERITAS, both outside Tennessee so the neighborhoods are not state containment (the Nearby list above stays in-state).
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($56.9M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (79/100 here).
Using this data
- VERITAS ranks #2,908 of 4,374 nationally on financial health and #82 of 127 in TN -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Greater Eastern is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Greater Eastern
- Rates and health both vary by institution, not just by state -- see how Tennessee credit unions compare overall before assuming this one is typical. Tennessee 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 VERITAS financially healthy?
VERITAS has a financial health score of 79/100 (Very Good) based on NCUA 5300 Call Report data as of Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #2,908 of 4,374; by total assets it ranks #2,302 of 4,374 nationally (same basis as /rankings/largest); and #58 of 127 within Tennessee. Scores above 80 indicate excellent financial health; scores below 50 may warrant closer monitoring. Key factors include net worth ratio of 7.64% and delinquency rate of 0.61%.
How does VERITAS compare to other credit unions?
79/100 is VERITAS's score on PlainCU's health composite, compared to a peer group average for $50M–$100M 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 VERITAS?
VERITAS serves multiple common-bond groups, membership usually requires belonging to one of several qualifying employers, associations, or organizations the credit union has chartered to serve. Contact VERITAS directly for the current list of qualifying groups.
Is my money safe at VERITAS?
Federal credit unions like VERITAS 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. VERITAS's net worth ratio of 7.64% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does VERITAS offer compared to banks?
Credit unions like VERITAS 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 VERITAS 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.