WAVE
Charter #24501 · WARWICK, RI · $100M-$500M
Public 5300 data · as of 2026Q1
What the numbers say
- Members of 6,872 sits at the 25th percentile of structural peers — worth a closer look.
- Net charge-off ratio of -0.03% ranks in the 5th percentile among structurally similar credit unions — a relative strength.
- On Net interest margin, the asset-size band puts this credit union at the 21st percentile but its structural peers at the 46th — a 25-point gap showing why the peer definition matters.
Headline ratios vs. peers
Two peer definitions side by side: the NCUA asset-size band, and Innorve's structural peers matched on loan mix, size, growth and geography.
| Metric | WAVE | Asset-tier percentile | Structural percentile |
|---|---|---|---|
| Total assets | $154.99M | 33th pct | 34th pct |
| Members | 6,872 | 11th pct | 25th pct |
| Net worth ratio | 12.36% | 62th pct | 52th pct |
| Return on average assets | 0.60% | 42th pct | 36th pct |
| Net interest margin | 3.16% | 21th pct | 46th pct |
| Cost of funds | 1.39% | 61th pct | 61th pct |
| Loan-to-share | 57.18% | 22th pct | 36th pct |
| Delinquency 60+ days | 0.29% | 22th pct | 31th pct |
| Net charge-off ratio | -0.03% | 2th pct | 5th pct |
| Loan growth YoY | -2.76% | 19th pct | 16th pct |
| Share growth YoY | 5.54% | 77th pct | 72th pct |
| Efficiency ratio | 83.07% | 66th pct | 70th pct |
structural peer set hash: 8558cc9c8d89ebf07647ab7da7c6eaca… (reproducible)
Closest structural peers
This is the free public view
Claim WAVE
Unlock the full operating picture — scenario modeling, deposit & collections packs, the governed action framework, and an exam-ready evidence binder with every number traced to its basis.
Source: public NCUA 5300 Call Report data, cycle 2026Q1. Figures are computed deterministically by Innorve and may differ from figures the institution reports elsewhere. This page is informational and is not endorsed by the credit union or the NCUA.