Charter 60799 · Mobile, AL
New Horizons Credit Union
New Horizons Credit Union is a state-chartered credit union in Mobile, Alabama, with $304 million in assets and 23,666 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 10.81%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $304 million
- +11.2% in a year
- Members
- 23,666
- +3.6% in a year
- Net worth ratio
- 10.81%
- Peer median 11.65%
- Loans 60+ days late
- 0.37%
- Peer median 0.70%
- Loans outstanding
- $214 million
- +11.3% in a year
- Shares and deposits
- $270 million
- +12.2% in a year
- Branches
- 8
- 79 employees
- Opened
- 1950
- Alabama charter
How New Horizons Credit Union compares
NCUA groups credit unions by size; New Horizons Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 10.81% is lower than that group's median of 11.65%, and its share of loans 60 or more days past due, 0.37%, is lower than the group median of 0.70%. Loans grew 11.3% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 21 of 88 credit unions headquartered in Alabama. See all Alabama credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $304 million | 23,666 | $214 million | 10.81% | 0.37% |
| Q1 2026 | $296 million | 23,513 | $210 million | 10.89% | 0.34% |
| Q4 2025 | $280 million | 23,292 | $206 million | 10.98% | 0.20% |
| Q3 2025 | $275 million | 23,112 | $198 million | 10.96% | 0.16% |
| Q2 2025 | $273 million | 22,854 | $192 million | 10.17% | 0.20% |
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 650,000 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 New Horizons Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Administration (main office)
622 Azalea Rd, Mobile, AL 36609 - West Mobile Branch
6320 Airport Blvd, Mobile, AL 36608 - Saraland Branch
103 Saraland Blvd S, Saraland, AL 36571 - Daphne Branch
7146 Stone Dr, Daphne, AL 36526 - Semmes Branch
3385 Schillinger Rd N Ste 19, Semmes, AL 36575 - Jackson Branch
1225 Forest Ave, Jackson, AL 36545 - Rangeline Branch
5000 Rangeline Crossing Dr, Mobile, AL 36619 - Cottage Hill Branch
9154 Cottage Hill Rd, Mobile, AL 36695 - Midtown Branch
100 N Florida St, Mobile, AL 36607
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