Corrections
Corrections is a credit union based in Soledad, California, established in 1959, with $36 million in total assets serving 3,620 members. By Trust Grade it ranks 236th of 241 credit unions we track in California. Its net worth ratio of 8.3% trails most similarly sized credit unions (6th percentile), versus a California median of 11.1%. It posted a loss over the most recent period (-1.02% return on assets), a point to watch. No consumer complaints against Corrections appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Corrections compares to California peers
How we graded Corrections
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.3% capital ratio)
- Unprofitable over the period (ROA -1.02%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Corrections over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Corrections insured?
Yes. Corrections 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.
Corrections: frequently asked questions
Is Corrections a good credit union?
Corrections earns a Bankzia Trust Grade of D (67/100, "Below average"), based on a financial-strength score of 67/100 (it has no CFPB complaints on record). Well-capitalized (8.3% capital ratio); Unprofitable over the period (ROA -1.02%).
Is Corrections NCUA-insured?
Yes. Corrections 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 Corrections?
Corrections holds $36 million in total assets, ranking 236th of 241 credit unions we track in California. It serves 3,620 members.
Does Corrections have CFPB complaints?
No CFPB complaints against Corrections 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.
