Credit Union Safety Analysis
Is Gary Municipal Employees Federal Credit Union Safe? Gary, Indiana
Based on its Q2 2026 NCUA 5300 call report, Gary Municipal Employees Federal Credit Union has a net worth ratio of 40.56%, at the NCUA level for well capitalized, its 60-day delinquency ratio is 7.73%, 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, Gary Municipal Employees Federal Credit Union's net worth ratio is 40.56%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 40.56%
- Delinquency ratio (60+ days) (Q2 2026): 7.73%
- Return on assets (Q2 2026): 0.87%
- Loan-to-share ratio (Q2 2026): 48.46%
Gary Municipal Employees Federal Credit Union (NCUA charter 16126, established 1964) reported $537K in assets and 137 members for Q2 2026 from Gary, Indiana. It ranks 117 of 118 credit unions in Indiana by total assets. Total assets were about level with $537K on June 30, 2025. It had the same number of members on June 30, 2025. Its net worth ratio was unchanged from June 30, 2025. Other unsecured loans and lines of credit are its largest loan category, $149K of $149K in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 7.73% is above the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026.
Data as of · sourced from NCUA 5300 call reports. How we update
Scorecard by dimension
Median of the 2,479 credit unions with under $100M in assets: 14.31%; middle half of peers: 11.14% to 19.38%.
Earlier filings: 39.79% for Q1 2026; 40.56% for Q2 2025.
Median of the 2,162 credit unions with under $100M in assets: 0.86%; middle half of peers: 0.35% to 1.93%.
Earlier filings: 0.54% for Q1 2026; 7.73% for Q2 2025.
Median of the 2,477 credit unions with under $100M in assets: 0.72%; middle half of peers: 0.16% to 1.30%.
Earlier filings: -3.05% for Q1 2026; 0.87% for Q2 2025.
Median of the 2,470 credit unions with under $100M in assets: 58.92%; middle half of peers: 42.33% to 75.81%.
Earlier filings: 39.61% for Q1 2026; 48.46% for Q2 2025.
Loans by type, Q2 2026
- Other unsecured loans and lines of credit: $149K
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $537K | 40.56% | 7.73% | 0.87% | 48.46% |
| March 31, 2026 | $544K | 39.79% | 0.54% | -3.05% | 39.61% |
| December 31, 2025 | $526K | 41.99% | 4.10% | 1.53% | 44.30% |
| September 30, 2025 | $528K | 41.48% | 3.84% | 0.97% | 47.85% |
| June 30, 2025 | $537K | 40.56% | 7.73% | 0.87% | 48.46% |
| March 31, 2025 | $544K | 39.79% | 0.54% | -3.05% | 39.61% |
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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.
Gary Municipal Employees Federal Credit Union profile
Regulator records: NCUA credit union profile (charter 16126) · FFIEC NIC profile (RSSD 446082)
Frequently asked questions
Is Gary Municipal Employees Federal Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, Gary Municipal Employees Federal Credit Union's net worth ratio is 40.56%, above the 7% NCUA threshold for well capitalized.
Is Gary Municipal Employees Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. Gary Municipal Employees Federal Credit Union is a federally insured credit union (NCUA charter 16126): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are Gary Municipal Employees Federal Credit Union's key safety ratios?
For Q2 2026, Gary Municipal Employees Federal Credit Union reports net worth 40.56%, delinquency 7.73%, ROA 0.87%, loan-to-share 48.46%.
What happens to my money if Gary Municipal Employees Federal Credit Union fails?
For Q2 2026, Gary Municipal Employees Federal Credit Union held $308K in shares and deposits for 137 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.