Credit Union Safety Analysis
Is Financial Plus Credit Union Safe? West Des Moines, Iowa
Based on its Q2 2026 NCUA 5300 call report, Financial Plus Credit Union has a net worth ratio of 14.28%, at the NCUA level for well capitalized, its 60-day delinquency ratio is 1.03%, 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, Financial Plus Credit Union's net worth ratio is 14.28%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 14.28%
- Delinquency ratio (60+ days) (Q2 2026): 1.03%
- Return on assets (Q2 2026): 1.22%
- Loan-to-share ratio (Q2 2026): 80.83%
Financial Plus Credit Union (NCUA charter 62965, established 1929) reported $241.7M in assets and 11,507 members for Q2 2026 from West Des Moines, Iowa. It ranks 17 of 65 credit unions in Iowa by total assets. Total assets grew 6.7% from $226.5M on June 30, 2025. It has 277 fewer members than on June 30, 2025 (-2.4%). Its net worth ratio was up 0.24 percentage points from 14.04% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $84.4M of $166.9M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 1.03% is above the 0.68% median of the 1,338 credit unions with $100M to $1B in assets for Q2 2026.
Data as of · sourced from NCUA 5300 call reports. How we update
Scorecard by dimension
Median of the 1,341 credit unions with $100M to $1B in assets: 11.43%; middle half of peers: 9.81% to 13.58%.
Earlier filings: 14.10% for Q1 2026; 14.04% for Q2 2025.
Median of the 1,338 credit unions with $100M to $1B in assets: 0.68%; middle half of peers: 0.39% to 1.12%.
Earlier filings: 0.53% for Q1 2026; 0.28% for Q2 2025.
Median of the 1,338 credit unions with $100M to $1B in assets: 0.81%; middle half of peers: 0.43% to 1.23%.
Earlier filings: 0.85% for Q1 2026; 1.26% for Q2 2025.
Median of the 1,341 credit unions with $100M to $1B in assets: 75.66%; middle half of peers: 62.05% to 86.41%.
Earlier filings: 80.92% for Q1 2026; 85.00% for Q2 2025.
Loans by type, Q2 2026
- 1- to 4-family residential and other consumer real estate loans: $84.4M
- Used vehicle loans: $49.8M
- Commercial loans: $13.3M
- New vehicle loans: $6.4M
- Other unsecured loans and lines of credit: $5.1M
- Unsecured credit card loans: $3.4M
- Non-federally guaranteed student loans: $2.6M
- Other secured non-real estate loans and lines of credit: $1.8M
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $241.7M | 14.28% | 1.03% | 1.22% | 80.83% |
| March 31, 2026 | $239.6M | 14.10% | 0.53% | 0.85% | 80.92% |
| December 31, 2025 | $233.3M | 14.26% | 0.93% | 1.27% | 84.53% |
| September 30, 2025 | $228.0M | 14.27% | 0.40% | 1.30% | 86.06% |
| June 30, 2025 | $226.5M | 14.04% | 0.28% | 1.26% | 85.00% |
| March 31, 2025 | $225.6M | 13.77% | 0.36% | 1.17% | 83.37% |
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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.
Financial Plus Credit Union profile
Regulator records: NCUA credit union profile (charter 62965) · FFIEC NIC profile (RSSD 273390)
Frequently asked questions
Is Financial Plus Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, Financial Plus Credit Union's net worth ratio is 14.28%, above the 7% NCUA threshold for well capitalized.
Is Financial Plus Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. Financial Plus Credit Union is a federally insured credit union (NCUA charter 62965): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are Financial Plus Credit Union's key safety ratios?
For Q2 2026, Financial Plus Credit Union reports net worth 14.28%, delinquency 1.03%, ROA 1.22%, loan-to-share 80.83%.
What happens to my money if Financial Plus Credit Union fails?
For Q2 2026, Financial Plus Credit Union held $206.5M in shares and deposits for 11,507 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.