Charter 15882 · Portsmouth, OH
Desco Federal Credit Union
Desco Federal Credit Union is a federally chartered credit union in Portsmouth, Ohio, with $551 million in assets and 25,044 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 11.77%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $551 million
- +6.8% in a year
- Members
- 25,044
- -0.6% in a year
- Net worth ratio
- 11.77%
- Peer median 10.79%
- Loans 60+ days late
- 0.51%
- Peer median 0.67%
- Loans outstanding
- $322 million
- +1.2% in a year
- Shares and deposits
- $481 million
- +6.2% in a year
- Branches
- 9
- 120 employees
- Opened
- 1963
- Federal charter
How Desco Federal Credit Union compares
NCUA groups credit unions by size; Desco Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 11.77% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.51%, is lower than the group median of 0.67%. Loans grew 1.2% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 19 of 192 credit unions headquartered in Ohio. See all Ohio credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $551 million | 25,044 | $322 million | 11.77% | 0.51% |
| Q1 2026 | $539 million | 25,083 | $319 million | 11.74% | 0.49% |
| Q4 2025 | $525 million | 25,195 | $319 million | 11.84% | 0.66% |
| Q3 2025 | $511 million | 25,202 | $317 million | 11.83% | 0.54% |
| Q2 2025 | $516 million | 25,187 | $318 million | 11.43% | 0.44% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 700,000 potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 9 sites for Desco Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Desco Federal Credit Union (main office)
401 Chillicothe St, Portsmouth, OH 45662 - Desco
414 Washington St, Portsmouth, OH 45662 - Desco
8790 Ohio River Rd, Wheelersburg, OH 45694 - Desco
2915 S 3Rd St, Ironton, OH 45638 - Desco
1211 Carter Ave, Ashland, KY 41101 - Desco
575 West St, Minford, OH 45653 - DESCO
1438 6Th Ave, Huntington, WV 25701 - DESCO FEDERAL CREDIT UNION
501 Seaton Ave, Greenup, KY 41144 - Desco Federal Credit Union
19 High Street, Lucasville, OH 45648
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology