Greenstate
North Liberty, IA · NCUA #60269 · $11.2B in assets
Greenstate in North Liberty, IA, has $11.2B in assets and a letter grade of F, better than 0.0 percent of the 22 other credit unions with $10 billion to $100 billion in assets. Uninsured deposits are 15.5 percent of deposits, lower than 18.2 percent of similar credit unions. The loan delinquency rate is 1.3 percent, lower than 18.2 percent of similar credit unions. Its net worth ratio, net worth as a share of assets, is 8.7 percent, higher than 4.5 percent of similar credit unions, and the letter is a similar-size comparison, not a verdict. Figures are from NCUA call report data for the quarter ending March 31, 2026.
Greenstate is compared with 22 other credit unions with $10 billion to $100 billion in assets. Its net worth, assets remaining after subtracting liabilities, is 8.7 percent of assets, worse than 95.5 percent of similar credit unions. Member balances above the insurance limit account for 15.5 percent of total member balances, worse than 81.8 percent of similar credit unions. Loans with overdue payments account for 1.3 percent of all loans, worse than 81.8 percent of similar credit unions.
Ratios behind the grade
Shares above the insured limit
15.5%15.5 percent of the credit union's member shares and deposits are above the NCUA insurance limit. This is better than 18.2 percent of credit unions with $10 billion to $100 billion in assets, and a lower share means more members' money is within the insurance limit.
Loan delinquency
1.3%At 1.3 percent, loans behind on payments make up that share of total loans and leases, better than 18.2 percent of similar credit unions. Loan quality matters because missed payments can reduce earnings and weaken the institution’s financial cushion.
Net worth vs assets
8.7%At 8.7 percent of assets, net worth is the credit union equivalent of a bank capital ratio; 4.5 percent of similar credit unions have a lower ratio. This cushion absorbs losses for members, and the NCUA treats ratios of 7 percent or more as well capitalized.
Held-to-maturity securities vs net worth
0.1%Debt securities the credit union intends to hold to maturity equal 0.1 percent of net worth at amortized cost, purchase cost adjusted over time, and 27.3 percent of similar credit unions have a larger position. The NCUA publishes no fair value for these securities, so the figure shows exposure to interest rate moves, not an unrealized or current paper loss, a decline without any sale.
Grade history
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Data: NCUA call report, quarter ending March 31, 2026 · How we grade