1st Class Express Credit Union Waukesha, Wisconsin
1st Class Express Credit Union is a state-chartered credit union headquartered in Waukesha, WI, established in 1979 (NCUA charter 67022), and it is regulated and insured by the NCUA. At Q2 2026 it reported 632 members and total assets of $2.1M (little changed from Q2 2025), the 95th largest of 98 credit unions headquartered in Wisconsin. Its net worth ratio was 22.89% at Q2 2026, in the well capitalized band.
Also written as 1st Class Express CU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 67022
- Headquarters
- Waukesha, WI
- Established
- 1979
- Total assets, Q2 2026
- $2.1M
- Assets vs Q2 2025
- 0.0%
- Members, Q2 2026
- 632
- Net worth ratio, Q2 2026
- 22.89%
- Latest call report
- Q2 2026, NCUA 5300 · 1st Class Express Credit Union call report
- Asset rank in state
- 95th of 98 in Wisconsin
- Routing number
- 275982238
- Branches
- 4
It had the same number of members on June 30, 2025. Its net worth ratio was unchanged from June 30, 2025. Used vehicle loans are its largest loan category, $749K of $1.5M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.30% is below the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 22.89% net worth ratio is above that band's 14.31% median.
Credit unions similar in size in Wisconsin
Frequently asked about 1st Class Express Credit Union
How big is 1st Class Express Credit Union?
At Q2 2026 it reported total assets of $2.1M and 632 members.
Where is 1st Class Express Credit Union headquartered?
It is headquartered in Waukesha, WI, United States.
When was 1st Class Express Credit Union founded?
It was established in 1979, per NCUA records.
Is 1st Class Express Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 67022): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates 1st Class Express Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is 1st Class Express Credit Union well capitalized?
Its net worth ratio was 22.89% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is 1st Class Express Credit Union's delinquency ratio?
Its delinquency ratio was 0.30% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is 1st Class Express Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 90.74% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Waukesha, WI 53186
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1979
- NCUA Charter #
- 67022
- RSSD ID
- 480497
- Members
- 632
- Potential members
- 15,000
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 6 of 7 ranked measures.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 22.89% | 14.31% | 83rd top |
| Return on assets Middle half of peers: 0.16% to 1.30% | 3.49% | 0.72% | over 90th top |
| Return on equity Middle half of peers: 1.04% to 8.69% | 15.24% | 4.74% | over 90th top |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 6.76% | 3.93% | over 90th top |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 60.85% | 79.83% | 85th top |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 1.20% | 0.78% | 27th below |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 0.30% | 0.86% | 78th top |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 7.96% | 4.70% | over 90th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 90.74% | 58.92% | over 90th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$2.1M total assets against $2.1M; $1.6M total shares and deposits against $1.6M; $1.5M total loans against $1.5M.
$488K net worth against $488K.
22.89% net worth ratio against 22.89%.
90.74% loan-to-share ratio against 90.74%.
0.30% delinquency ratio against 0.30%.
3.49% return on assets against 1.07%; 15.24% return on equity against 4.69%.
6.76% net interest margin against 5.92%.
632 members against 632.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 22.89% | 3.49% | 0.30% | 90.74% |
| March 31, 2026 | 24.28% | -1.34% | 1.31% | 86.03% |
| December 31, 2025 | 24.30% | 3.59% | 0.56% | 86.35% |
| September 30, 2025 | 23.11% | -1.39% | 0.02% | 82.52% |
| June 30, 2025 | 22.89% | 1.07% | 0.30% | 90.74% |
| March 31, 2025 | 21.69% | 1.08% | 0.56% | 90.12% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.