Federal credit union · FRANKLINTON, Louisiana · NCUA charter #16256
Washington Educational Assoc
Health score 55/100 (Fair) - from the NCUA 5300 Call Report, 2025Q4.
- 55
- Health / 100
- $1.0M
- Total assets
- 322
- Members
- 5.8%
- Net-worth ratio
Washington Educational Assoc - Share Insurance Coverage
Charter #16256's composite supervisory bracket and risk-based capital, as reported in the 2025Q4 NCUA Call Report. See our deposit-insurance coverage note for how NCUSIF protection works.
Washington Educational Assoc - Five Health Pillars
Below, five 0-100 sub-scores, one per pillar of the composite. Weight and sum them and the result matches the headline health score above exactly - same NCUA 5300 figures, no normalisation tricks.
- Capital (net worth ratio)49
- Asset quality (delinquency)54
- Earnings (ROA)100
- Member growth0
- Liquidity (loan-to-share)81
Weighted composite: 55/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
This institution's 5.83% net worth ratio sits below the NCUA's 7.0% well-capitalized threshold.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 5.83% | 30% |
| Delinquency Rate | 1.87% | 25% |
| Return on Assets | 1.29% | 15% |
| Member Growth | -13.21% | 15% |
| Loan-to-Share Ratio | 57.33% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Under $2M (243 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $1.0M | 322 |
| 2024Q4 | $1.0M | 371 |
| 2023Q4 | $1.1M | 379 |
Credit Union Details
- Charter Number
- 16256
- Type
- Federal
- Field of Membership
- Single Common Bond
- Peer Group
- Under $2M
- State
- Louisiana
- City
- FRANKLINTON
- Data Quarter
- 2025Q4
What This Data Says About Washington Educational Assoc
Headquartered in FRANKLINTON, Louisiana, Washington Educational Assoc is a federal credit union with 322 members, $1.0M in total assets, and $520K in outstanding loans on the books as of Q4 2025. Its five-factor composite puts the health score at 55/100 (Fair), driven in part by a net worth ratio of 5.83% - relative to the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. It carries charter #16256 and reports within peer group Under $2M, a cohort of 243 similarly-sized institutions.
Loan book quality rounds out the picture. The delinquency rate of 1.87% measures loans 60+ days past due against total loans outstanding - the peer group average for Under $2M credit unions sits at 4.477%, so this institution is running tighter than peers. The loan-to-share ratio of 57.33% indicates how aggressively member deposits are being deployed into lending, below the 60% band that typically signals under-deployed capital. Return on assets stands at 1.29% on net income of $13K 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 -13.21%. The quarterly NCUA 5300 Call Report is the source for everything above, current through 2025Q4. Field of membership (currently: Single Common Bond) decides eligibility to join. NCUSIF deposit-insurance coverage and usage guidance for this data live on our disclaimer page.
Nearby Credit Unions in Louisiana
More federally-insured credit unions based in Louisiana, ordered by peer group match and asset size.
- TEAMSTERS LOCAL UNION #270NEW ORLEANS, LA · Under $2M59Health
- GRAPHIC ARTSShreveport, LA · Under $2M37Health
- G G WNew Orleans, LA · Under $2M78Health
- FOURTH WARDamite, LA · Under $2M35Health
- S T S PLacombe, LA · Under $2M68Health
Compare Washington Educational Assoc vs TEAMSTERS LOCAL UNION #270
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 Washington Educational Assoc financially healthy?
Washington Educational Assoc scores 55/100 (Fair) on financial health, per the NCUA 5300 Call Report for Q4 2025. Anything above 80 is considered excellent, anything below 50 may need closer monitoring - this score reflects a 5.83% net worth ratio and a 1.87% delinquency rate.
How does Washington Educational Assoc compare to other credit unions?
55/100 is Washington Educational Assoc's score on PlainCU's health composite, compared to a peer group average for Under $2M 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 Washington Educational Assoc?
Washington Educational Assoc is chartered around a single common bond (Single Common Bond), membership is generally limited to employees of a specific employer or a defined occupational group and their immediate family. Contact Washington Educational Assoc directly to confirm eligibility.
Is my money safe at Washington Educational Assoc?
Federal credit unions like Washington Educational Assoc 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. Washington Educational Assoc's net worth ratio of 5.83% is relative to the 7% threshold NCUA considers "well capitalized."
What rates does Washington Educational Assoc offer compared to banks?
Credit unions like Washington Educational Assoc 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 Washington Educational Assoc 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.