Credit union

Novo Federal Credit Union

Norco, California, Riverside County, CA

$21M in total assets and 2,348 members, the 3,077th largest of 4,298 US credit unions and 214th of 229 headquartered in California.

At a glance

Compared with 69 federally insured credit unions in California with under $100 million in assets, as of June 30, 2026.

Measure	This credit union	Percentile	Peer median
Total assets	$21M	13%	$49M
Loans	$13M	28%	$23M
Deposits (shares)	$18M	13%	$44M
Members	2,348	46%	2,808
Return on assets	0.86%	67%	0.55%
Net interest income to assets	5.41%	98%	3.59%
Efficiency ratio	82.1%	48%	84.2%
Net worth ratio	13.23%	56%	12.10%
Loans to shares	73%	70%	56%
Cost of deposits	0.49%	20%	0.83%

Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.

Total assets grew 8.9% a year over 10 years and 6.2% a year over the last 5, without mergers. Membership grew 1.2% a year over 5 years, to 2,348.

0 branches in 0 counties.

Year end	Branches	Change
2016	1
2023	1	0

Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.

Year to date, annualized, with the peer median.

Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.

Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.