CharterBench

Veridian Credit Union

Credit UnionFISCUWaterloo, IA·Est. 1934·NCUA #64418Compare ⇄
Total assets
$8.90B
+8.8% YoY
Shares & deposits
$7.50B
+10.7% YoY
Loans
$7.68B
+9.2% YoY
Members
374,001
+5.5% YoY
ROA (annualized)
1.56%
peers 0.71%
ROE (annualized)
13.59%
peers 6.28%

Peer comparison 450 credit unions with 1B-10B in assets

MetricVeridian Credit UnionPeer medianΔ
Asset growth (YoY)+8.8%+5.1%+3.7 pts
Share growth (YoY)+10.7%+4.9%+5.9 pts
Loan growth (YoY)+9.2%+5.4%+3.8 pts
ROA1.56%0.71%+0.8 pts
ROE13.6%6.3%+7.3 pts

ROA ranks in the 94th percentile of its peer group · Q1 2026

Profile

Established
1934
Charter
FISCU
Primary regulator
NCUA
NCUA peer group
Peer group 6
Address
Po Box 6000, Waterloo, IA, 50704
NCUA charter #
64418
RSSD ID
416197
Latest call report
Q1 2026

Total assets last 8 quarters

Q2 2024 → Q1 2026

Members last 8 quarters

Q2 2024 → Q1 2026

Quarterly financials NCUA 5300 call report

QuarterAssetsSharesLoansNet worthNet income YTDROANIMDelinquencyMembers
Q1 2026$8.90B$7.50B$7.68B$1.02B$34.7M1.56%2.98%0.61%374,001
Q4 2025$8.61B$7.12B$7.60B$985.8M$117.5M1.36%2.86%0.86%367,737
Q3 2025$8.37B$6.88B$7.39B$968.3M$87.0M1.39%2.87%0.89%363,770
Q2 2025$8.29B$6.83B$7.26B$943.2M$62.0M1.49%2.81%0.76%359,316
Q1 2025$8.18B$6.77B$7.04B$910.9M$29.7M1.45%2.73%0.68%354,418
Q4 2024$7.96B$6.58B$6.86B$881.2M$101.3M1.27%2.55%0.86%349,551
Q3 2024$7.72B$6.38B$6.65B$865.9M$72.7M1.26%2.57%0.87%354,920
Q2 2024$7.52B$6.30B$6.47B$835.3M$42.1M1.12%2.59%0.78%341,172

Loan mix (Q1 2026): real estate $3.03B · commercial $795.1M · consumer $3.71B · securities $387.8M

Ratio pack Q1 2026 · peer medians from 450 institutions

Profitability
RatioVeridian Credit UnionTrend (8q)Peer medianPeer percentile
Return on assets
Annualized net income ÷ assets
1.56%Q2 2024 → Q1 20260.71%
94th
Return on equity
Annualized net income ÷ equity or net worth
13.6%Q2 2024 → Q1 20266.3%
96th
Net interest margin
Interest income − interest expense, ÷ assets
2.98%Q2 2024 → Q1 20263.32%
27th
Efficiency ratio
Operating expense ÷ revenue — lower is leaner
56.6%Q1 2025 → Q1 202673.0%
6th
Non-interest income share
Fees and other income as a share of total revenue
00.0%
00.0%
Cost of funds
Annualized interest expense ÷ deposits
00.0%
00.0%
Balance sheet
RatioVeridian Credit UnionTrend (8q)Peer medianPeer percentile
Loan-to-deposit
Loans ÷ deposits (shares). Above ~90% needs funding; below ~60% needs loan demand
00.0%
00.0%
Loans-to-assets
How much of the balance sheet is lent out
00.0%
00.0%
Securities-to-assets
Investment portfolio as a share of assets
00.0%
00.0%
Cash-to-assets
On-balance-sheet liquidity
00.0%
00.0%
Capital
RatioVeridian Credit UnionTrend (8q)Peer medianPeer percentile
Capital ratio
Tier 1 capital (banks) or net worth (CUs) ÷ assets. NCUA well-capitalized line: 7%
00.0%
00.0%
Credit quality
RatioVeridian Credit UnionTrend (8q)Peer medianPeer percentile
Nonperforming / delinquency
Banks: nonperforming assets ÷ assets. CUs: 60+ day delinquent loans ÷ loans
00.0%
00.0%
Net charge-off rate
Annualized charge-offs net of recoveries ÷ loans
00.0%
00.0%
CRE concentration
Commercial real estate loans ÷ capital. Regulators flag banks above 300%
00.0%
00.0%
Franchise
RatioVeridian Credit UnionTrend (8q)Peer medianPeer percentile
Loans per member
Member borrowing depth
00.0%
00.0%
Deposits per member
Member relationship depth
00.0%
00.0%
12 more ratios, with trends and peer percentiles.

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