Service Federal Credit Union
Portsmouth, NH·Charter 24921·cu:24921·Credit union RBC / net worth
- #1 of 12Total assets in New Hampshire
- Top 1%Total assets in the U.S.
- 389Kmembers
- #1 of 9Efficiency in New Hampshire
- #2 of 9Margin improvement in New Hampshire
- #2 of 9Member growth in New Hampshire
Performance over time
7 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
Credit union · Shares of reported gross loans. Missing components are not treated as zero.
What stands out at Service Federal Credit Union
2 of 25 FORFI signals stand out against 143 similar credit unions, based on NCUA data for the quarter.
Delinquent loans rising faster than peersWorth a look: Asset quality 2nd quarter2.60%peers 0.66%+194 bps
Service Federal Credit Union's loans 60+ days delinquent as a share of loans rose 142 bps over the past year to 2.60%. Among 139 similar credit unions, the median rose 3 bps.
| This institution | Peer median | Difference |
|---|---|---|
| Loans 60+ days delinquent as a share of loans | ||
| 2.60% | 0.66% | +194 bps |
| 12-month change | ||
| +142 bps | +3 bps | +139 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Service Federal Credit Union itself is left out of every peer median and percentile. How signals work
Member business lending shrinking while the peer median growsNotable: Lending 2nd quarter-8.9%peers +7.5%-16.4 pp
Service Federal Credit Union's member business loans declined 8.9% over the past year to $754 million. The median among 130 similar credit unions was +7.5%.
| This institution | Peer median | Difference |
|---|---|---|
| Member business loans, 12-month growth | ||
| -8.9% | +7.5% | -16.4 pp |
| Member business loans | ||
| $754 million | ||
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Service Federal Credit Union itself is left out of every peer median and percentile. How signals work
Where Service Federal Credit Union differs most from peers
Net interest margin among the highest of similar credit unionsContext: Earnings3.99%peers 3.30%+69 bps
Service Federal Credit Union's net interest margin on average assets was 3.99%, compared with a median of 3.30% among 143 similar credit unions: higher than 88% of them.
| This institution | Peer median | Difference |
|---|---|---|
| Net interest margin on average assets | ||
| 3.99% | 3.30% | +69 bps |
Not a flagged change: this is where the institution sits furthest from similar institutions this quarter. Peers: 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Service Federal Credit Union itself is left out of every peer median and percentile. How signals work
Key facts
- Service Federal Credit Union is a federally chartered credit union headquartered in Portsmouth, New Hampshire. It reported $6.7 billion in total assets for the quarter ended June 30, 2026.
- Shares and deposits totaled $5.8 billion, up 9.0% from a year earlier, and loans totaled $5.5 billion, up 7.1%.
- Its net interest margin on average assets was 3.99% and its annualized return on assets was 0.96% for the quarter.
- Its cost of all shares and deposits was 1.93%, compared with a median of 1.95% among 143 similar credit unions with $3 billion to $10 billion in assets.
- It served 388,968 members, up 4.5% from a year earlier.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With Service Federal Credit Union's own data, FORFI would look at: Which borrowers and segments are migrating toward delinquency, before losses arrive.
Analysis workspaces
Sources and identifiers
- Institution
- Service Federal Credit Union · Credit union
- NCUA charter
- 24921
- Reporting period
- Peer group
- 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Service Federal Credit Union itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
NCUA · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation |
|---|---|
| $15.99M | |
| $94.24M | |
| $28.01M | |
| $66.24M | |
| $29.7M | |
| $56.56M | |
| $23.4M | |
| $23.38M | |
| 0.96% | |
| 3.99% | |
| 58.96% |
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-16T13:43:41.229347+00:00. Separate reference provenance is included in the export.