NOVO Credit Union Profile

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NOVO

Charter #15784 | NCUA Region 3 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (951) 737-6262

Fax: (951) 737-1227

Founding Date: N/A

Website: http://www.novocu.org

Personnel & Operations

President: Moore, Rodger

Manager: San Martin, George

FT Employees: 5

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 36

Branches: 1

Hours: Monday - Friday, 10am to 5pm

Credit Union Profile Summary

NOVO is a FCU Credit Union. With a total of 2,247 members [1], this institution manages approximately $18,182,224 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 14.43% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -14.40% [1].

Financial Snapshot

Total Assets [1]
$18,182,224

Total economic resources.

Total Loans [1]
$11,477,183

Total value of outstanding loans.

Total Deposits [1]
$16,961,778

Total funds deposited by members.

Members [1]
2,247

Number of active members.

Performance Ratios

Net Worth Ratio [1]
14.43%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.35%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
67.66%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -1.51%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -14.40%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 0.94%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

2191 5th St Ste 202

Norco, CA, 92860-1967
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 2 branches reported by NOVO (Charter #15784).

Main Office

Novo Federal Credit Union Main Office

Type: Corporate Office

2191 5th St Ste 202

Norco, CA 92860-1967

Phone: (951) 737-6262

Services: Member Services

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Additional Branches

Norco

Novo Federal Credit Union

Type: Corporate Office

2191 5th St Ste 202

Norco, CA 92860

Phone: (951) 737-6262

Services: Member Services

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