New Horizons
New Horizons is a credit union based in Mobile, Alabama, established in 1950, with $296 million in total assets serving 23,513 members. By Trust Grade it ranks 55th of 89 credit unions we track in Alabama. Its net worth ratio of 10.9% trails most similarly sized credit unions (44th percentile), versus a Alabama median of 14.2%. It was profitable over the most recent period, with a 0.65% return on assets. No consumer complaints against New Horizons appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How New Horizons compares to Alabama peers
How we graded New Horizons
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (10.9% capital ratio)
- Profitable (ROA 0.65%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for New Horizons over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at New Horizons insured?
Yes. New Horizons is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
New Horizons: frequently asked questions
Is New Horizons a good credit union?
New Horizons earns a Bankzia Trust Grade of A (91/100, "Excellent"), based on a financial-strength score of 91/100 (it has no CFPB complaints on record). Well-capitalized (10.9% capital ratio); Profitable (ROA 0.65%).
Is New Horizons NCUA-insured?
Yes. New Horizons is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is New Horizons?
New Horizons holds $296 million in total assets, ranking 55th of 89 credit unions we track in Alabama. It serves 23,513 members.
Does New Horizons have CFPB complaints?
No CFPB complaints against New Horizons appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
