Covenant Savings Federal Credit Union (NCUA charter #24532) is based in Killeen, Texas. Its Q2 2026 call report shows $4.2M in total assets and $3.6M in member shares and deposits and 1 office.
Based on its Q2 2026 filing, Covenant Savings Federal Credit Union scores 72/100, which we describe as strong. That is higher than only 44% of 2,479 credit unions with under $100 million in assets. Among 380 credit unions headquartered in Texas, it ranks 200th. Its strongest component is funding & liquidity (87/100; 73% loans-to-deposits, 0% uninsured), and its lowest is loan quality (44/100; 1.69%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 3 points (69 → 72), mostly because the capital cushion component improved by 14 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 55 |
| Q3 2024 | 58 |
| Q4 2024 | 68 |
| Q1 2025 | 70 |
| Q2 2025 | 69 |
| Q3 2025 | 74 |
| Q4 2025 | 91 |
| Q1 2026 | 88 |
| Q2 2026 | 72 |
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| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 10.29% |
| Q3 2024 | 10.49% |
| Q4 2024 | 10.79% |
| Q1 2025 | 11.32% |
| Q2 2025 | 11.14% |
| Q3 2025 | 12.79% |
| Q4 2025 | 13.28% |
| Q1 2026 | 13.65% |
| Q2 2026 | 12.48% |
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| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 2.58% |
| Q3 2024 | 2.31% |
| Q4 2024 | 1.55% |
| Q1 2025 | 1.32% |
| Q2 2025 | 1.47% |
| Q3 2025 | 1.56% |
| Q4 2025 | 0.08% |
| Q1 2026 | 0.33% |
| Q2 2026 | 1.69% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.58% |
| Q3 2024 | 1.60% |
| Q4 2024 | 1.61% |
| Q1 2025 | 1.45% |
| Q2 2025 | 1.55% |
| Q3 2025 | 1.83% |
| Q4 2025 | 1.94% |
| Q1 2026 | 1.68% |
| Q2 2026 | 1.59% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 72 | $4.2M | 12.48% | 1.69% | 1.59% | 73.3% |
| Q1 2026 | 88 | $3.7M | 13.65% | 0.33% | 1.68% | 77.4% |
| Q4 2025 | 91 | $3.7M | 13.28% | 0.08% | 1.94% | 80.5% |
| Q3 2025 | 74 | $3.6M | 12.79% | 1.56% | 1.83% | 80.1% |
| Q2 2025 | 69 | $4.0M | 11.14% | 1.47% | 1.55% | 75.6% |
| Q1 2025 | 70 | $3.8M | 11.32% | 1.32% | 1.45% | 75.8% |
| Q4 2024 | 68 | $3.8M | 10.79% | 1.55% | 1.61% | 70.9% |
| Q3 2024 | 58 | $3.8M | 10.49% | 2.31% | 1.60% | 77.9% |
| Q2 2024 | 55 | $3.7M | 10.29% | 2.58% | 1.58% | 78.2% |
2,479 peers · Under $100 million in assets
How it compares with peers
Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size credit unions in Texas
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Intercorp Credit UnionCredit union Amarillo, TX | 60 out of 100, Moderate | $4.2M | 18.6% | 2.86% | vs |
| Highway District 9 Credit UnionCredit union Waco, TX | 86 out of 100, Very strong | $4.2M | 26.4% | 0.51% | vs |
| Oak Farms Employees Credit UnionCredit union Houston, TX | 50 out of 100, Below average | $4.2M | 26.8% | 3.19% | vs |
| Goodyear San Angelo Federal Credit UnionCredit union San Angelo, TX | 71 out of 100, Strong | $4.1M | 14.1% | 1.51% | vs |
| Thd District 17 Credit UnionCredit union Bryan, TX | 63 out of 100, Moderate | $4.3M | 19.6% | 2.42% | vs |
| Plains Federal Credit UnionCredit union Plainview, TX | 80 out of 100, Strong | $4.0M | 14.5% | 0.09% | vs |
Deposit insurance
Is my money safe at Covenant Savings Federal Credit Union?
Yes. Covenant Savings Federal Credit Union is a federally insured credit union (NCUA charter #24532). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
An estimated 0.0% of shares and deposits ($0) are above the $250,000 NCUA insurance limit, close to the peer median of 1%. Insured balances are protected regardless of the score.
The net worth ratio is 12.48%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.
1 location
Branches
Covenant Savings Federal Credit Union lists 1 office in 1 city. Most locations:
- Killeen, TX (1)
Identity & history
Profile
- Legal name
- Covenant Savings Federal Credit Union
- Type
- Federal credit union
- NCUA charter #
- 24532
- RSSD ID
- 2372158
- Primary regulator
- NCUA
- Established
- 1994
- Headquarters
- 2904 E. Stan Schlueter loop Bldg. A, Killeen, TX 76542
- Employees
- 4
Quick answers
Covenant Savings Federal Credit Union: common questions
Is Covenant Savings Federal Credit Union NCUA insured?
Yes. Covenant Savings Federal Credit Union is a federally insured credit union (NCUA charter #24532). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
What is Covenant Savings Federal Credit Union's TellerScore?
72 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
How many branches does Covenant Savings Federal Credit Union have?
1 office as of the latest NCUA data.
Nearby
Highest-scoring banks and credit unions with branches near Killeen
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Educators Credit UnionCredit union Waco, TX | 99 out of 100, Very strong | $609.5M | 20.3% | 0.17% | vs |
| Citizens National BankBank Cameron, TX | 86 out of 100, Very strong | $691.8M | 12.7% | 0.00% | vs |
| Grandview BankBank Grandview, TX | 81 out of 100, Strong | $729.3M | 12.4% | 0.12% | vs |
| Greater Central Texas Federal Credit UnionCredit union Killeen, TX | 80 out of 100, Strong | $34.2M | 11.3% | 0.00% | vs |
| First Texas BankBank Georgetown, TX | 80 out of 100, Strong | $1.3B | 11.2% | 0.58% | vs |
| Round Top State BankBank Round Top, TX | 80 out of 100, Strong | $974.1M | 11.9% | 0.36% | vs |