Operating Engineers Local Union #3 Federal Credit Union Livermore, California
Operating Engineers Local Union #3 Federal Credit Union is a federal credit union headquartered in Livermore, CA, established in 1963 (NCUA charter 24235), and it is regulated and insured by the NCUA. At Q2 2026 it reported 123,532 members and total assets of $1.69B (up 7.2% from Q2 2025), the 41st largest of 238 credit unions headquartered in California. Its net worth ratio was 15.48% at Q2 2026, in the well capitalized band.
Also written as Operating Engineers Local Union #3 FCU · Trade name filed with the NCUA: OE Federal Credit Union
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 24235
- Headquarters
- Livermore, CA
- Established
- 1963
- Total assets, Q2 2026
- $1.69B
- Assets vs Q2 2025
- +7.2%
- Members, Q2 2026
- 123,532
- Net worth ratio, Q2 2026
- 15.48%
- Latest call report
- Q2 2026, NCUA 5300 · Operating Engineers Local Union #3 Federal Credit Union call report
- Asset rank in state
- 41st of 238 in California
- Routing number
- 321176260
- Branches
- 28
It has 6,734 more members than on June 30, 2025 (+5.8%). Its net worth ratio was up 0.42 percentage points from 15.06% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $411.9M of $860.2M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.60% is below the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 15.48% net worth ratio is above that band's 10.89% median.
Credit unions similar in size in California
Credit unions merged into Operating Engineers Local Union #3 Federal Credit Union
E.W. #401 Credit Union (2018) · Ibew Members + Credit Union (2015) · I.U.O.E. #9 Credit Union (2014) · United Workers Federal Credit Union (2013)
Frequently asked about Operating Engineers Local Union #3 Federal Credit Union
How big is Operating Engineers Local Union #3 Federal Credit Union?
At Q2 2026 it reported total assets of $1.69B and 123,532 members.
Where is Operating Engineers Local Union #3 Federal Credit Union headquartered?
It is headquartered in Livermore, CA, United States.
When was Operating Engineers Local Union #3 Federal Credit Union founded?
It was established in 1963, per NCUA records.
Is Operating Engineers Local Union #3 Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 24235): 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 Operating Engineers Local Union #3 Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Operating Engineers Local Union #3 Federal Credit Union well capitalized?
Its net worth ratio was 15.48% 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 Operating Engineers Local Union #3 Federal Credit Union's delinquency ratio?
Its delinquency ratio was 0.60% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Operating Engineers Local Union #3 Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 60.26% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Livermore, CA 94551
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1963
- NCUA Charter #
- 24235
- RSSD ID
- 63993
- Members
- 123,532
- Potential members
- 175,000
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 454 credit unions with $1B to $10B in assets, as of Q2 2026. It is in the top quartile on 5 of 7 ranked measures.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 12.63% | 15.48% | 10.89% | over 90th top |
| Return on assets Middle half of peers: 0.59% to 1.25% | 2.40% | 0.89% | over 90th top |
| Return on equity Middle half of peers: 5.37% to 10.92% | 15.51% | 8.07% | over 90th top |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 3.50% | 3.45% | 54th above |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 53.89% | 70.59% | over 90th top |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 1.16% | 1.68% | 86th top |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 0.60% | 0.68% | 60th above |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 4.66% | 5.12% | 23rd position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 60.26% | 88.03% | under 10th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$1.69B total assets against $1.58B; $1.43B total shares and deposits against $1.35B; $860.2M total loans against $836.6M.
$261.6M net worth against $237.4M.
15.48% net worth ratio against 15.06%.
60.26% loan-to-share ratio against 62.15%.
0.60% delinquency ratio against 0.70%.
2.40% return on assets against 0.97%; 15.51% return on equity against 6.45%.
3.50% net interest margin against 3.15%.
123,532 members against 116,798.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 15.48% | 2.40% | 0.60% | 60.26% |
| March 31, 2026 | 15.26% | 1.18% | 0.45% | 60.50% |
| December 31, 2025 | 14.83% | 1.00% | 0.59% | 59.69% |
| September 30, 2025 | 14.96% | 1.36% | 0.59% | 60.74% |
| June 30, 2025 | 15.06% | 0.97% | 0.70% | 62.15% |
| March 31, 2025 | 15.18% | 0.55% | 0.46% | 63.63% |
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.