CORRECTIONS
Federal • Soledad, California • Est. 1959
Quick Facts
- Charter Number
- #13254
- Type
- Federal
- Established
- 1959
- Headquarters
- Soledad, California 93960
- Address
- Post Office Box 12
- Branches
- 2
- ATMs
- 1
- Members
- 3,610
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Well-capitalized with a healthy net worth ratio and solid financial fundamentals. A reliable institution with good long-term stability.
Financial Overview
Total Assets
Members
3,610 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | CORRECTIONS |
|---|---|
| Total Assets | $33.9M |
| Members | 3,610 |
| Loans Outstanding | $25.3M |
| Shares & Deposits | $30.5M |
| Net Worth | $3.1M |
| Net Worth Ratio | 9.28% |
| Loan-to-Share Ratio | 83.0% |
| Delinquency Rate | 0.30% |
| Net Income | +$154,226 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
2 locations · 1 ATMs
MAIN CORRECTIONAL FACILITY BRANCH
Main Office4 miles North of Soledad, Hwy 101
Soledad, CA 93960
Watsonville Hospital FCU
75 Nielson St
Watsonville, CA 95076
Who Can Join CORRECTIONS?
Membership Type: Community
Membership eligibility for CORRECTIONS may vary. Contact the credit union directly to confirm qualification requirements.
Contact CORRECTIONS directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View California RankingsFrequently Asked Questions
Yes. CORRECTIONS is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, CORRECTIONS has 3,610 members and a potential membership field of 25,560 people.
CORRECTIONS's net worth ratio is 9.28% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 9.3%, CORRECTIONS meets this threshold.
CORRECTIONS operates 2 branch locations and has access to 1 ATMs. The main office is located at 4 miles North of Soledad, Hwy 101, Soledad, CA 93960.
CORRECTIONS was established in 1959. It is a federal credit union chartered under charter number 13254. The institution has been serving members for 67 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or CORRECTIONS. All financial data is for informational purposes only.