# METHUEN
Methuen, MA · NCUA charter 10954 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/methuen-10954

Who the members are: federal charter, community charter, organized 1956, low-income designated. 2,541 members of 55,000 potential (4.6% of the field); checking penetration 44% (share draft accounts per 100 members); loans per 100 members 58.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $39.9M |
| Members | 2,541 (1.5% YoY) |
| Full-time staff | 5 |
| Net worth | $3.9M |
| Net worth ratio | 9.9% (p15 of band) |
| ROA (annualized) | 0.47% (p45 of band) |
| Total delinquency | 0.19% (p31 of band) |
| Net charge-offs (annualized) | 0.22% (p65 of band) |
| Loans / shares | 51% (p41 of band) |
| Cash / assets | 44.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.11% (p22 of band) |
| Operating expense / assets | 2.99% (p31 of band) |
| Vehicles % of loans | 17% (p11 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.47% (p50 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 72% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 63% |
| Certificates % of member funds | 32% |
| Average share balance | $8,568 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.7M |
| Loans outstanding per 100 members | 58% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $12,615 |
| Loans granted, annualized | $3.9M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.7M outstanding purchased (43.8% of net worth), $0 sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares 5.6% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | losing money |  |
| 2017-03 | 2 | net worth falling |  |
| 2017-06 | 1 |  | losing money |
| 2017-09 | 0 |  | net worth falling |
| 2017-12 | 1 | delinquency rising |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 0 |  | delinquency rising |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 1 | assets shrinking |  |
| 2019-12 | 0 |  | assets shrinking |
| 2020-03 | 3 | net worth falling, losing money, margin squeeze |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 4 | delinquency rising |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 1 |  | losing money, margin squeeze, delinquency rising |
| 2021-06 | 2 | delinquency rising |  |
| 2021-09 | 2 | members leaving | delinquency rising |
| 2021-12 | 4 | margin squeeze, loan book shrinking |  |
| 2022-03 | 2 | losing money | members leaving, margin squeeze, loan book shrinking |
| 2022-06 | 1 |  | losing money |
| 2022-09 | 1 | delinquency rising | net worth falling |
| 2022-12 | 2 | losing money |  |
| 2023-03 | 2 | assets shrinking | losing money |
| 2023-06 | 1 |  | delinquency rising |
| 2023-09 | 0 |  | assets shrinking |
| 2023-12 | 0 |  |  |
| 2024-03 | 2 | net worth falling, losing money |  |
| 2024-06 | 1 |  | losing money |
| 2024-09 | 0 |  | net worth falling |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 2 | net worth falling, delinquency rising |  |
| 2025-09 | 1 |  | net worth falling |
| 2025-12 | 1 |  |  |
| 2026-03 | 0 |  | delinquency rising |

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

- 2026-08-31 [Joyce (Routhier) Schiappa Obituary | Conte Funeral Home | North Andover, MA - Tribute Archive](https://news.google.com/rss/articles/CBMiggFBVV95cUxOVEMwYU5aOG12MzJtYVYza21ZalpiN0FFZXgzdUxRY2F5R0xPT0pKOC1MSGg5UDdnZHYwMjMzUVdyVF91Z2h1YUpFWWhMLUUxLS10NktNc2ZYUV9MRzJJcEdMUDZ5R3Y1NlUySkR4bHREaFVJU2hFbE5wSmZ3VUpzV0dR?oc=5) · Tribute Archive
- 2021-04-19 [Methuen Credit Union taps local native as next chief executive - American Banker](https://news.google.com/rss/articles/CBMisAFBVV95cUxNbjF5OVQ1b3dMRUdzUGN6el9qV3RVWEIxcEh4bGk4eDdOenVndnREOFlteHpMN3RTaE9SZ2NlM3NydEJYTTJONTNSRkV6UG1BVzdWa0tsZ0JQcFp6R2lhTms5Ynl2VEI1emdBMmw0bURRNmhvS29yTF96cjE0dmxiR2dGa0IzNDVzaWJ4UFNkeFdWc0ZWSWt0ZUVqaXk2c3lrQmtQaWVqVGJUNlFScmZoRg?oc=5) · American Banker
- 2022-03-14 [DCU opens Member Service Center in Methuen, MA - CUInsight](https://news.google.com/rss/articles/CBMijwFBVV95cUxQNXlrTW5vV0kzV1d6MWNBdWM5MGVUSXNKNkl3a05RNnZOekp2VnNpVFNmS0t5MlZYT0dDbmdlSGdmLUROUEE3VURxRFJTY2ZUQWt1LXRkVlZleDdBR0h2Ri13Tng5OWtjdzd1M1JSWFlvb21OVVZfdzh1a1h0TWk0bDlmM1BJa09TSHp4X1BQUQ?oc=5) · CUInsight
- 2024-06-04 [Robert Ayer Obituary - MA - Lowell Sun](https://news.google.com/rss/articles/CBMiZEFVX3lxTE82VHFmQUczUFN4bXloMDNFYm1INTl1eWpVV0d0bzB3V0hjSFYzaFN1MG1rRHNKalZZZ1prN1NzeXZDbXl0bUxSQm1Vd0dzMUt0SG9ka1dPVGZYVW9iTzEzSWQ2elI?oc=5) · Lowell Sun
- 2014-01-13 [John J. "Jay" O'Neill, Jr.'s Obituary, Visitation & Funeral Information - John Breen Memorial Funeral Home, Inc.](https://news.google.com/rss/articles/CBMif0FVX3lxTFBDQlFUcG5ZYmh3amc5MmNNdlhsSFlLU3BIbHFtRnRCZkE2U0ozV0dqNVQ3aGxtTk1YMDFMbGhTeng0XzhZWmFiYVJia1JCWHdZc2tTWmp0bFFoaHJZeGRTR0RLamczc2hLU2I2QmRIT2RzRzBzWkYyLVNFM2NrQlU?oc=5) · John Breen Memorial Funeral Home, Inc.
- 2020-02-11 [Merrimack Valley Credit Union Awarding $15,000 in Scholarships - WHAV](https://news.google.com/rss/articles/CBMikwFBVV95cUxPdnY2X21LNEVGSnlsamVESlA4Wk1kRGtWM1VlSGY5WHRlQlRBa0lGM3c0b3hkYTM3Ym5NalVPVVJnZ3JveFYzd25EOFlwVkNSRUJqZlZaNEVMWXlpNjRRYzFmZm5WNjB1dWRuQmZPSWdPS25kSGpuWHNaN0pXWmgtaVpSeWpEckpXeFB2YTZjR0JGSFE?oc=5) · WHAV
- 2022-11-28 [North Andover MVCU Branch Helps With Collection Of 720 Pounds Of Food - Patch](https://news.google.com/rss/articles/CBMipgFBVV95cUxONXo2OUQ1czU4YW1WLWFCZE10YU1FVk5iWjlxbjYycVpBQUVLVUxJVW5rTlhXSFpyM0dRUVVjRUpueUdsTHJuN1MyN1dUcGs0VUNsTGtzRHpzQ3Bhbmg1TmRYcXhqU21UbDF6NDRKdENET050bWRxWGV3aDhWdVAwaTlZS1cwUFpvZmNZcjJ3aDhncU1Jc2l3c1c5eUxKLVVnbHhHQ1B3?oc=5) · Patch
- 2013-06-24 [Ryan Methuen Obituary (2013) - Methuen, MA - Lowell Sun - legacy.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxNc3BpOGVWUU1HOFNEY21oSk1wR1JOcGw2OW8xQk5sV3FCVTFuY2JrNC1ZODdfeXB4cVpmNTlabUpyRjdUTGVvR3dyV3RtY09hRWQ3TzNGT0luQ28zeHhnRmhqNERZSGRGLThJQ09GT0FrVUVOdDR1LVgwSk9uSG5oRXM3dFcwdmVtNEJ1TktB?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=10954 (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/10.json (key "10954", 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=10954
- 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.

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