# ISLAND
Hauppauge, NY · NCUA charter 10023 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/island-10023

Who the members are: federal charter, community charter, organized 1955. 50,620 members of 3,697,000 potential (1.4% of the field); checking penetration 62% (share draft accounts per 100 members); loans per 100 members 57.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.35B |
| Members | 50,620 (-2.0% YoY) |
| Full-time staff | 114 |
| Net worth | $136.5M |
| Net worth ratio | 10.1% (p36 of band) |
| ROA (annualized) | 0.50% (p31 of band) |
| Total delinquency | 0.79% (p67 of band) |
| Net charge-offs (annualized) | 0.31% (p26 of band) |
| Loans / shares | 86% (p50 of band) |
| Cash / assets | 5.2% |
| Borrowings / assets | 10.22% |
| Net interest margin | 2.30% (p6 of band) |
| Operating expense / assets | 2.18% (p9 of band) |
| Vehicles % of loans | 17% (p26 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 54% |
| Third-party paper % of net worth | 66% (p30 of band) |
| Vehicle delinquency | 0.80% (p68 of band) |
| Vehicle NCO | 1.20% (p61 of band) |
| Repossessed % of vehicle book | 0.00% (p11 of band) |
| Real estate % of loans | 57% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 150% |
| Core shares % of member funds | 37% |
| Certificates % of member funds | 44% |
| Average share balance | $10,412 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $75.7M |
| Loans outstanding per 100 members | 57% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $33,146 |
| Loans granted, annualized | $107.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $75.7M outstanding purchased (55.4% of net worth), $11.0M sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -6.0% year over year.

## Flags firing in the latest filing

- **assets shrinking** (`shrink_assets`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | leaning on borrowings |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 3 | thin capital, net worth falling |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 2 |  | net worth falling |
| 2017-09 | 3 | delinquency rising |  |
| 2017-12 | 3 | net worth falling | delinquency rising |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 2 |  | net worth falling |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | members leaving |  |
| 2020-03 | 5 | net worth falling, delinquency 2x band |  |
| 2020-06 | 4 | delinquency rising | members leaving, net worth falling |
| 2020-09 | 2 |  | delinquency 2x band, delinquency rising |
| 2020-12 | 5 | net worth falling, losing money, margin squeeze |  |
| 2021-03 | 3 | assets shrinking | net worth falling, losing money, margin squeeze |
| 2021-06 | 2 |  | assets shrinking |
| 2021-09 | 3 | assets shrinking |  |
| 2021-12 | 4 | delinquency 2x band |  |
| 2022-03 | 4 | delinquency rising | assets shrinking |
| 2022-06 | 2 | assets shrinking | thin capital, delinquency 2x band, delinquency rising |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 | net worth falling | assets shrinking |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 5 | thin capital, losing money, delinquency rising |  |
| 2024-06 | 4 |  | delinquency rising |
| 2024-09 | 5 | 3rd-party paper>100% NW |  |
| 2024-12 | 5 |  |  |
| 2025-03 | 4 |  | net worth falling |
| 2025-06 | 2 | assets shrinking | thin capital, losing money, 3rd-party paper>100% NW |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-09-01 [Muse at North Island Credit Union Amphitheatre in Chula Vista, CA - Loud Hailer Magazine](https://news.google.com/rss/articles/CBMitwFBVV95cUxOc0U5NjJHa2pBbDBMZXkySC1UNXlqbjJsR0NvdG1KQU56emd0TFZXWER4NFVKaU9VV2dEc1ZnYlkzbVpGaVRGQVVZOEJrVGVVa2pXYmxkdEpQRlZrd2JsZmlrOVdjcXZtdG4zR2FUeHo3RGI0SFJBeGREZHJGNWZfalpndVhUZVZ5bHNpNUk4T0tUSjhwMmNsb0pfOEV1OFIxcnM3ZFl4WXFtdjlvemhMMGRnQUc1RjQ?oc=5) · Loud Hailer Magazine
- 2026-07-21 [Frances D. Havens Obituary Jul 15, 2026 - M.J. Colucci & Son Niagara Funeral Chapel](https://news.google.com/rss/articles/CBMidEFVX3lxTFB3bFBiSm03MmczV0VwN0tuY2p2a0xtVGIwYzUyTDkySlBnbkVsVFFmalFFYlJsMXBzTTVMbC1mb0V4eDUxZ1FZOFJxQUQtNjJDZUVZaFFYa0dmRGloQnNwLXctQUN2WDNOaWZ4UERNOGhpM2Ry?oc=5) · M.J. Colucci & Son Niagara Funeral Chapel
- 2026-06-15 [What to Know for Evanescence: 2026 World Tour Setlist - Ticketmaster Blog](https://news.google.com/rss/articles/CBMiX0FVX3lxTFBuTTN6MkU3Z0oxU0tnRnpPVlJBR3JaTXd5UEpUbDdTWjhmeTdaNUV6UkFUSVhMYXU2N2J2R21nb2NHemZoMUdTUTZNbGtiQ1FCTVpLdFRuMVJERXpwaW1j?oc=5) · Ticketmaster Blog
- 2024-11-21 [Island Federal Credit Union announces new President - CUInsight](https://news.google.com/rss/articles/CBMilwFBVV95cUxNTGJNUk1hVE1RM0Q3TlJhcVJ3UXoweXBWZ0NsZTFaN3hnYXA3ODVnTVJ3enpBZDRqVDRsMVYxY0ZzdDdxT1ZKMkEwY25jXzhDcUtwcURTQzN0RS1EN09iR3JycDhIWk5PMHd4aEVfeWhvc09zZXVBZnNpN0xJdHRiNFphc3ZGMlZLSXBVMk5sazZrNktBMlNz?oc=5) · CUInsight
- 2026-01-27 [Kid Cudi Announces North American ‘Rebel Ragers Tour’ - Okayplayer](https://news.google.com/rss/articles/CBMijwFBVV95cUxNaXNJaTNXQ0VzQm15VjJ5S1RWVENPVGNWQ25Ndk9PbHl5QnZta0cyaGx4bVYxVVFfOWFIS3NxM3JaNTZJMnpsTVRXVEhDUVBIUlRNNm1lX3ZLeThnV2Q2cTE0TGMzaUpZMTlYOEEzYm0tcFIyRjNrZ3hzUVkzLU1WVGd4VUxTX3drM1VGV3R4RQ?oc=5) · Okayplayer
- 2026-03-27 [Muse announce summer tour with Bloc Party, Portugal. The Man & The Temper Trap - BrooklynVegan](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOdDYxS1BQdC12VVRFdG5fUlZtLUVWU3Q2VXp0MXBLMFk5dzNKU0lNM2NuUHAzU0xkNDZMVE8wQTdkLTBPUjdHZVpkM2ZtRjVnYkpycnlJYU1rdVFuV19TT0lPWklyLXlVd2VlM0w5cXJUYmFSaVowazNfaDRwT0xXd0hJSEJOWlJkWEhSUS1NcGJ5SHgzRlZRdm5qUDRSWFpIRUt1NzdMV0Q?oc=5) · BrooklynVegan
- 2026-06-14 [Rod Stewart seen drinking at Scotland game after canceling CA show just 40 minutes before it began - New York Post](https://news.google.com/rss/articles/CBMi0wFBVV95cUxNUGxtX3RJY2pTa1VXM1BqOG94ZzhfTksxSWxUb05SQWM2NEhJeDVBQlBDMlVoOWJxRzhRUkY4RHRwRUlqUUVvamNDaG5kUFpjOFI1VjhZTGNaWFloZUMwbkZzS1piY3NQM3RvcTNzQ2V5bUdMZHRtQ0VRRVZ2WU5yU2VuNy1UOWhlOEdLWFlUbUg5azFPRzRvR2ktTnBfWmh4YTZpNWpoUVZhcWJZbF9oRGZHbzNWV3pCUjhuc0hJX1FKQ2djY3kzVnNTNWdtTnhMNjVV?oc=5) · New York Post
- 2026-01-26 [Kid Cudi Announces Dates For 33-Date 2026 Rebel Ragers North American Tour - Billboard](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPOHFPNURXSkVmWlRlWHlHMV9fVjV1ZTRJcV9pVGVqTnd5bUNJZVllcTBkZURXSy02TlVkYnFpSjVBdWM1M2s1SzlsaG5jdHpZWkgxUWNnbFQyNnduTzJ2anl5cG5uMnA5eXczR1g5T3FCcU4tOFhyM21QU19UVDBIa0RnMG1kOUQxdXlUSHQwTE9iN0dVVHBvR1lHeEQ0T09jVlduUmpCaGR4Um8?oc=5) · Billboard

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=10023 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/39.json (key "10023", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=10023
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide