Red Oak Credit Union Tuscaloosa, Alabama
Red Oak Credit Union is a state-chartered credit union headquartered in Tuscaloosa, AL, established in 1955 (NCUA charter 63940), and it is regulated and insured by the NCUA. At Q2 2026 it reported 4,629 members and total assets of $40.1M (down 4.6% from Q2 2025), the 49th largest of 87 credit unions headquartered in Alabama. Its net worth ratio was 5.84% at Q2 2026, in the undercapitalized band.
Also written as Red Oak CU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 63940
- Headquarters
- Tuscaloosa, AL
- Established
- 1955
- Total assets, Q2 2026
- $40.1M
- Assets vs Q2 2025
- -4.6%
- Members, Q2 2026
- 4,629
- Net worth ratio, Q2 2026
- 5.84%
- Latest call report
- Q2 2026, NCUA 5300 · Red Oak Credit Union call report
- Asset rank in state
- 49th of 87 in Alabama
- Routing number
- 262277215
- Branches
- 3
It had the same number of members on June 30, 2025. Its net worth ratio was down 1.44 percentage points from 7.28% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $6.5M of $17.9M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.68% is below the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 5.84% net worth ratio is below that band's 14.31% median.
Credit unions similar in size in Alabama
Frequently asked about Red Oak Credit Union
How big is Red Oak Credit Union?
At Q2 2026 it reported total assets of $40.1M and 4,629 members.
Where is Red Oak Credit Union headquartered?
It is headquartered in Tuscaloosa, AL, United States.
When was Red Oak Credit Union founded?
It was established in 1955, per NCUA records.
Is Red Oak Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 63940): 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 Red Oak Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is Red Oak Credit Union well capitalized?
Its net worth ratio was 5.84% at Q2 2026, in the undercapitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Red Oak Credit Union's delinquency ratio?
Its delinquency ratio was 0.68% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Red Oak Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 56.26% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Tuscaloosa, AL 35404
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1955
- NCUA Charter #
- 63940
- RSSD ID
- 234896
- Members
- 4,629
- Potential members
- 10,000
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 0 of 7 ranked measures and in the bottom quartile on 5.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 5.84% | 14.31% | under 10th bottom |
| Return on assets Middle half of peers: 0.16% to 1.30% | -2.01% | 0.72% | under 10th bottom |
| Return on equity Middle half of peers: 1.04% to 8.69% | -34.41% | 4.74% | under 10th bottom |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 3.27% | 3.93% | 24th bottom |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 95.89% | 79.83% | 20th bottom |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 0.58% | 0.78% | 62nd above |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 0.68% | 0.86% | 59th above |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 3.85% | 4.70% | 15th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 56.26% | 58.92% | 46th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$40.1M total assets against $42.1M; $31.7M total shares and deposits against $31.4M; $17.9M total loans against $22.0M.
$2.3M net worth against $3.1M.
5.84% net worth ratio against 7.28%.
56.26% loan-to-share ratio against 70.02%.
0.68% delinquency ratio against 1.26%.
-2.01% return on assets against 0.11%; -34.41% return on equity against 1.46%.
3.27% net interest margin against 3.23%.
4,629 members against 4,629.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 5.84% | -2.01% | 0.68% | 56.26% |
| March 31, 2026 | 6.29% | 0.73% | 0.73% | 59.73% |
| December 31, 2025 | 6.02% | -2.92% | 0.44% | 62.94% |
| September 30, 2025 | 6.84% | -3.05% | 0.90% | 67.26% |
| June 30, 2025 | 7.28% | 0.11% | 1.26% | 70.02% |
| March 31, 2025 | 7.09% | -0.40% | 1.67% | 70.12% |
Scroll sideways to see every column.
Watch flags
The net worth ratio is below the 6% NCUA adequately-capitalized threshold, placing the credit union in the undercapitalized Prompt Corrective Action category, which triggers mandatory earnings-retention and supervisory restrictions. NCUA Prompt Corrective Action, 12 CFR 702.102.
The credit union posted negative net income relative to assets in its latest filing. Credit unions build net worth only through retained earnings, so sustained losses gradually weaken capital. BankRegReports flag, negative earnings.
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.