Credit Union Safety Analysis
Is Nova Credit Union Safe? Charlotte, North Carolina
Based on its Q2 2026 NCUA 5300 call report, Nova Credit Union has a net worth ratio of 17.65%, at the NCUA level for well capitalized, its 60-day delinquency ratio is 0.56%, 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, Nova Credit Union's net worth ratio is 17.65%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 17.65%
- Delinquency ratio (60+ days) (Q2 2026): 0.56%
- Return on assets (Q2 2026): 0.31%
- Loan-to-share ratio (Q2 2026): 76.67%
Nova Credit Union (NCUA charter 63425, established 1934) reported $120.7M in assets and 11,173 members for Q2 2026 from Charlotte, North Carolina. It ranks 22 of 56 credit unions in North Carolina by total assets. Total assets fell 0.2% from $121.0M on June 30, 2025. It has 135 more members than on June 30, 2025 (+1.2%). Its net worth ratio was up 0.80 percentage points from 16.85% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $38.8M of $76.3M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.56% is below 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: 17.58% for Q1 2026; 16.85% 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: 0.42% for Q1 2026; 0.58% 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: 0.40% for Q1 2026; 0.55% 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: 76.70% for Q1 2026; 75.45% for Q2 2025.
Loans by type, Q2 2026
- 1- to 4-family residential and other consumer real estate loans: $38.8M
- Used vehicle loans: $25.0M
- New vehicle loans: $6.6M
- Unsecured credit card loans: $2.6M
- Other unsecured loans and lines of credit: $1.9M
- Other secured non-real estate loans and lines of credit: $1.4M
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $120.7M | 17.65% | 0.56% | 0.31% | 76.67% |
| March 31, 2026 | $120.6M | 17.58% | 0.42% | 0.40% | 76.70% |
| December 31, 2025 | $120.7M | 17.05% | 0.25% | 0.20% | 77.03% |
| September 30, 2025 | $117.7M | 17.45% | 0.63% | 0.53% | 77.44% |
| June 30, 2025 | $121.0M | 16.85% | 0.58% | 0.55% | 75.45% |
| March 31, 2025 | $121.8M | 16.63% | 0.66% | 0.03% | 72.72% |
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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.
Regulator records: NCUA credit union profile (charter 63425) · FFIEC NIC profile (RSSD 574396)
Frequently asked questions
Is Nova Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, Nova Credit Union's net worth ratio is 17.65%, above the 7% NCUA threshold for well capitalized.
Is Nova Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. Nova Credit Union is a federally insured credit union (NCUA charter 63425): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are Nova Credit Union's key safety ratios?
For Q2 2026, Nova Credit Union reports net worth 17.65%, delinquency 0.56%, ROA 0.31%, loan-to-share 76.67%.
What happens to my money if Nova Credit Union fails?
For Q2 2026, Nova Credit Union held $99.5M in shares and deposits for 11,173 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.