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
Call Report peers
VERITAS in the assets neighbourhood
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
The busiest band is 85-89 (858 credit unions); VERITAS sits in 75-79 with 502 others.
79 33rd percentile higher than 33% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
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%).
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.
- One place up in Tennessee, Chattanooga Area Schools (#81) ties at 79/100; one place down, Hurd Employees (#83) scores 78/100, 1 point lower.
VERITAS Call Report trajectory
VERITAS: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +3.1% from $56.9M (2025Q4) to $58.6M (2026Q1).
- Net-worth ratio shifted -0.16 pp (7.80% → 7.64%).
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
VERITAS gives up 21 points in total. Member Growth costs the most, 9.4 of its 15; Loan-to-Share Ratio scores full marks.
- 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 |
Peer averages: $50M–$100M cohort, 584 credit unions, 2025Q4 filing.
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
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
Frequently Asked Questions
Is VERITAS financially healthy?
VERITAS has a financial health score of 79/100 (Very Good) from its 2025Q4 NCUA 5300 Call Report. It ranks #2,908 of 4,374 nationally on health and #82 of 127 in Tennessee. Its net worth ratio is 7.64% and its delinquency rate 0.61%.
How does VERITAS compare to other credit unions?
VERITAS scores 79/100, higher than 33% of the 4,374 scored credit unions. Against the 584 peers in the $50M–$100M cohort, its widest edge is loan-to-share ratio (83.05% vs 62.60%). Its widest shortfall is net worth ratio (7.64% vs 13.62%).
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?
VERITAS 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. VERITAS's net worth ratio of 7.64% 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.