COVINGTON SCHOOLS
Federal • Andalusia, Alabama • Est. 1957
Quick Facts
- Charter Number
- #11950
- Type
- Federal
- Established
- 1957
- Headquarters
- Andalusia, Alabama 36420
- Address
- PO Box 442
- Branches
- 1
- Members
- 1,627
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
At-risk financial position. Significant capital or earnings challenges. Deposits remain federally insured up to $250,000 by the NCUA.
Financial Overview
Total Assets
Members
1,627 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | COVINGTON SCHOOLS |
|---|---|
| Total Assets | $21.9M |
| Members | 1,627 |
| Loans Outstanding | $9.3M |
| Shares & Deposits | $13.9M |
| Net Worth | $8.3M |
| Net Worth Ratio | 37.77% |
| Loan-to-Share Ratio | 66.9% |
| Delinquency Rate | 9.54% |
| Net Income | +$151,465 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
1 location
Covington Schools Federal CU
Main Office931 River Falls St
Andalusia, AL 36420
Who Can Join COVINGTON SCHOOLS?
Membership Type: Community
Membership eligibility for COVINGTON SCHOOLS may vary. Contact the credit union directly to confirm qualification requirements.
Contact COVINGTON SCHOOLS directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View Alabama RankingsFrequently Asked Questions
Yes. COVINGTON SCHOOLS 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, COVINGTON SCHOOLS has 1,627 members and a potential membership field of 1,800 people.
COVINGTON SCHOOLS's net worth ratio is 37.77% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 37.8%, COVINGTON SCHOOLS meets this threshold.
COVINGTON SCHOOLS operates 1 branch location. The main office is located at 931 River Falls St, Andalusia, AL 36420.
COVINGTON SCHOOLS was established in 1957. It is a federal credit union chartered under charter number 11950. The institution has been serving members for 69 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or COVINGTON SCHOOLS. All financial data is for informational purposes only.