Federal credit union · Smyrna, Tennessee · NCUA charter #21354
Veritas
Health score 79/100 (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 79
- Health / 100
- $56.9M
- Total assets
- 4,938
- Members
- 7.7%
- Net-worth ratio
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 - Five Health Pillars
Each bar is the credit union's 0-100 sub-score on one pillar of the composite. The weighted sum of these five sub-scores is the headline health score above, same NCUA 5300 figures, no normalisation tricks.
- Capital (net worth ratio)81
- Asset quality (delinquency)96
- Earnings (ROA)69
- Member growth37
- Liquidity (loan-to-share)100
Weighted composite: 79/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
At 7.70%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 7.70% | 30% |
| Delinquency Rate | 0.61% | 25% |
| Return on Assets | 0.19% | 15% |
| Member Growth | -1.89% | 15% |
| Loan-to-Share Ratio | 83.05% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $50M–$100M (584 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 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
What This Data Says About Veritas
Headquartered in Smyrna, Tennessee, Veritas is a federal credit union with 4,938 members, $56.9M in total assets, and $43.3M in outstanding loans on the books as of Q4 2025. Its five-factor composite puts the health score at 79/100 (Very Good), driven in part by a net worth ratio of 7.70% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. It carries charter #21354 and reports within peer group $50M–$100M, a cohort of 584 similarly-sized institutions.
0.61% of the loan book sits 60+ days past due, the headline loan-quality read - the peer group average for $50M–$100M credit unions sits at 0.963%, so this institution is running tighter than peers. Deposit deployment is captured by the 83.05% loan-to-share ratio, above the 80% band that can indicate tighter liquidity management. Return on assets stands at 0.19% on net income of $107K 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 -1.89%. 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: Select Employee Group). See our disclaimer for NCUSIF deposit-insurance coverage and how to use this data before opening any account or borrowing.
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.
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 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. Scores above 80 indicate excellent financial health; scores below 50 may warrant closer monitoring. Key factors include net worth ratio of 7.70% 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 7.70% 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.
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.