Federal credit union · Biloxi, Mississippi · NCUA charter #8593
Water's Edge
Health score 34/100, grade F (Weak) - from the NCUA 5300 Call Report, 2025Q4.
- 34
- Health / 100
- $5.2M
- Total assets
- 610
- Members
- 7.0%
- Net-worth ratio
Water's Edge scores 34/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $5.2M; members 610; net-worth ratio 6.97%; health rank #4,359 of 4,374; healthier than 0th of scored peers.
NCUA Call Report stamp band
NCUA 5300 Call Report Masthead
#4,359 of 4,374 health · 2025Q4Water's Edge · health 34/100 · $5.2M · 2025Q4
Call Report peers
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Water's Edge vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); Water's Edge sits in 30-34 with 8 others.
34 0th percentile in the bottom 1% 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
Water's Edge vs $2M–$10M peers
- Widest shortfall vs peers is Net Worth Ratio: -12.09 pp (6.97% vs 19.06%).
Mississippi standing for Water's Edge
- Health composite ranks #54 of 55 among scored Mississippi credit unions.
- Assets rank #45 of 55 inside Mississippi ($5.2M reported).
- Mississippi membership ordinal: #48 of 55.
- One place up in Mississippi, Mississippi College Employees (#53) scores 40/100, 6 points higher; one place down, Citizens Choice (#55) scores 33/100, 1 point lower.
Water's Edge: 2025Q4 → 2026Q1
Water's Edge: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved -2.1% from $5.2M (2025Q4) to $5.1M (2026Q1).
- Net-worth ratio shifted +0.07 pp (6.90% → 6.97%).
This institution's 6.97% net worth ratio sits below the NCUA's 7.0% well-capitalized threshold.
How the 34/100 score is built
Water's Edge gives up 66 points in total. Delinquency Rate costs the most, 25 of its 25; Loan-to-Share Ratio loses the least, 3.2.
- Net Worth Ratio 22.3 pts
- Delinquency Rate 0.0 pts
- Return on Assets 0.0 pts
- Member Growth 0.0 pts
- Loan-to-Share Ratio 11.7 pts
Water's Edge vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 6.97% | -12.09 pp |
| Delinquency Rate | 6.83% | +5.02 pp |
| Return on Assets | -0.57% | -1.02 pp |
| Member Growth | -7.85% | - |
| Loan-to-Share Ratio | 55.70% | -7.90 pp |
Peer averages: $2M–$10M cohort, 566 credit unions, 2025Q4 filing.
Water's Edge quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $5.1M | - |
| 2025Q4 | $5.2M | 610 |
| 2024Q4 | $5.3M | 662 |
| 2023Q4 | $6.2M | 741 |
Credit Union Details
- Charter Number
- 8593
- Type
- Federal
- Field of Membership
- Low Income
- Peer Group
- $2M–$10M
- State
- Mississippi
- City
- Biloxi
- Data Quarter
- 2025Q4
Branch Location
The NCUA branch filing lists a single physical office for Water's Edge.
| Office | City |
|---|---|
| Office (Main Office) | Biloxi, MS |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Mississippi
Other federally-insured credit unions in Mississippi, closest first by peer group and asset size.
Cross-state Call Report peers for Water's Edge
Similar health score
Using this data
- Water's Edge ranks #4,359 of 4,374 nationally on financial health and #54 of 55 in MS -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Community Partners is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Community Partners
Frequently Asked Questions
Is Water's Edge financially healthy?
On its 2025Q4 NCUA 5300 filing, Water's Edge scores 34/100 (Weak), with a 6.97% net worth ratio and 6.83% of loans delinquent. It ranks #4,359 of 4,374 nationally on health and #54 of 55 in Mississippi.
How does Water's Edge compare to other credit unions?
Water's Edge scores 34/100, higher than 0% of the 4,374 scored credit unions. Its widest shortfall is net worth ratio (6.97% vs 19.06%).
How can I join Water's Edge?
Water's Edge carries an NCUA Low-Income Designation, which typically means anyone can join regardless of employer or location, and the credit union is eligible for supplemental capital and secondary capital rules not available to standard charters. Contact Water's Edge directly to confirm current membership steps.
Is my money safe at Water's Edge?
Water's Edge 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. Water's Edge's net worth ratio of 6.97% is relative to 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.