Credit Union Safety Analysis
Is Beginnings Credit Union Safe? Ithaca, New York
Based on its Q2 2026 NCUA 5300 call report, Beginnings Credit Union has a net worth ratio of 14.01%, at the NCUA level for well capitalized, its 60-day delinquency ratio is 0.69%, and its shares are NCUA insured up to $250,000 per member.
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Short answer
On its Q2 2026 NCUA 5300 call report, Beginnings Credit Union's net worth ratio is 14.01%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 14.01%
- Delinquency ratio (60+ days) (Q2 2026): 0.69%
- Return on assets (Q2 2026): 1.37%
- Loan-to-share ratio (Q2 2026): 82.28%
Beginnings Credit Union (NCUA charter 68322, established 1953) reported $1.54B in assets and 77,622 members for Q2 2026 from Ithaca, New York. It ranks 18 of 267 credit unions in New York by total assets. Total assets grew 7.1% from $1.44B on June 30, 2025. It has 596 more members than on June 30, 2025 (+0.8%). Its net worth ratio was down 0.09 percentage points from 14.10% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $594.3M of $1.07B in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.69% is above the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026.
Data as of · sourced from NCUA 5300 call reports. How we update
Scorecard by dimension
Median of the 454 credit unions with $1B to $10B in assets: 10.89%; middle half of peers: 9.81% to 12.63%.
Earlier filings: 13.69% for Q1 2026; 14.10% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 0.68%; middle half of peers: 0.45% to 1.05%.
Earlier filings: 0.60% for Q1 2026; 1.03% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 0.89%; middle half of peers: 0.59% to 1.25%.
Earlier filings: 0.09% for Q1 2026; 1.01% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 88.03%; middle half of peers: 78.23% to 95.19%.
Earlier filings: 81.69% for Q1 2026; 84.50% for Q2 2025.
Loans by type, Q2 2026
- 1- to 4-family residential and other consumer real estate loans: $594.3M
- Used vehicle loans: $192.8M
- Commercial loans: $108.0M
- New vehicle loans: $87.1M
- Other secured non-real estate loans and lines of credit: $53.8M
- Other unsecured loans and lines of credit: $16.3M
- Unsecured credit card loans: $13.9M
- Non-federally guaranteed student loans: $7.7M
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $1.54B | 14.01% | 0.69% | 1.37% | 82.28% |
| March 31, 2026 | $1.51B | 13.69% | 0.60% | 0.09% | 81.69% |
| December 31, 2025 | $1.51B | 13.62% | 0.98% | 0.32% | 81.67% |
| September 30, 2025 | $1.45B | 14.21% | 0.97% | 1.08% | 85.01% |
| June 30, 2025 | $1.44B | 14.10% | 1.03% | 1.01% | 84.50% |
| March 31, 2025 | $1.45B | 13.69% | 0.86% | 0.22% | 81.34% |
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How we score this
Net worth ratio: NCUA well capitalized at 7%, adequately at 6%. Our bands, pass to fail: delinquency 1% to 2%, ROA 0.5% to 0%, loan-to-share 85% to 100%. Not a credit rating. Methodology.
Beginnings Credit Union profile
Regulator records: NCUA credit union profile (charter 68322) · FFIEC NIC profile (RSSD 272281)
Frequently asked questions
Is Beginnings Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, Beginnings Credit Union's net worth ratio is 14.01%, above the 7% NCUA threshold for well capitalized.
Is Beginnings Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. Beginnings Credit Union is a federally insured credit union (NCUA charter 68322): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are Beginnings Credit Union's key safety ratios?
For Q2 2026, Beginnings Credit Union reports net worth 14.01%, delinquency 0.69%, ROA 1.37%, loan-to-share 82.28%.
What happens to my money if Beginnings Credit Union fails?
For Q2 2026, Beginnings Credit Union held $1.31B in shares and deposits for 77,622 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.