# EAST RIVER
Madison, SD · NCUA charter 11353 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/east-river-11353

Who the members are: federal charter, community charter, organized 1956. 3,128 members of 13,357 potential (23.4% of the field); checking penetration 130% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *auto monoline*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $41.6M |
| Members | 3,128 (0.1% YoY) |
| Full-time staff | 7 |
| Net worth | $4.6M |
| Net worth ratio | 11.0% (p23 of band) |
| ROA (annualized) | 1.46% (p84 of band) |
| Total delinquency | 1.40% (p70 of band) |
| Net charge-offs (annualized) | 0.31% (p69 of band) |
| Loans / shares | 43% (p28 of band) |
| Cash / assets | 37.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.76% (p45 of band) |
| Operating expense / assets | 3.53% (p47 of band) |
| Vehicles % of loans | 71% (p66 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.17% (p68 of band) |
| Vehicle NCO | 0.43% (p79 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 9% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 80% |
| Certificates % of member funds | 14% |
| Average share balance | $5,580 |
| Participations bought / yr | $0 |
| Participations sold / yr | $13,948 |
| Participations outstanding | $4,998 |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $8,177 |
| Loans granted, annualized | $3.5M |

## Participation posture (from the same filings)

Bought $0 and sold $13,948 in the latest annualized quarter; $4,998 outstanding purchased (0.1% of net worth), $387 sold and retained. Sold in 8 and bought in 5 of the last 8 quarters. Shares 3.6% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 2 | delinquency 2x band, delinquency rising |  |
| 2018-06 | 1 | net worth falling | delinquency 2x band, delinquency rising |
| 2018-09 | 1 | delinquency rising | net worth falling |
| 2018-12 | 1 | auto monoline | delinquency rising |
| 2019-03 | 2 | assets shrinking |  |
| 2019-06 | 1 |  | auto monoline |
| 2019-09 | 0 |  | assets shrinking |
| 2019-12 | 1 | delinquency rising |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 4 | net worth falling, losing money, margin squeeze |  |
| 2020-09 | 6 | thin capital, loan book shrinking, auto monoline | delinquency rising |
| 2020-12 | 5 |  | loan book shrinking |
| 2021-03 | 4 |  | losing money |
| 2021-06 | 3 |  | net worth falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 4 | loan book shrinking |  |
| 2022-03 | 3 | net worth falling | margin squeeze, loan book shrinking |
| 2022-06 | 3 |  |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 | delinquency rising | net worth falling |
| 2023-03 | 3 | assets shrinking | thin capital |
| 2023-06 | 2 |  | delinquency rising |
| 2023-09 | 3 | delinquency rising |  |
| 2023-12 | 2 |  | delinquency rising |
| 2024-03 | 2 |  |  |
| 2024-06 | 3 | delinquency rising |  |
| 2024-09 | 2 |  | delinquency rising |
| 2024-12 | 3 | net worth falling, delinquency rising | assets shrinking |
| 2025-03 | 5 | members leaving, loan book shrinking |  |
| 2025-06 | 3 |  | net worth falling, delinquency rising |
| 2025-09 | 5 | losing money, delinquency rising |  |
| 2025-12 | 4 |  | losing money |
| 2026-03 | 4 | delinquency 2x band | members leaving |

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

- 2020-08-26 [Longtime CEO to leave East River Federal Credit Union later this year - American Banker](https://news.google.com/rss/articles/CBMiugFBVV95cUxOdmIwVWFodV90bVoyVmV1UnBPSUxUbGlVOG01X29aZW5iQzNUMzZmTnFvc21mSlI2NldTYnFFa1FYMUhncEFQWGh1S2l2RlNmcEo1SS1LNGw4ekpiV1F5R2xzclJNQXc4N0RTX0pNdHhHZEtXZkdmNUwtZ1RZVUM0R1ZDUGE0c3ZYdkhtS3c5Qk0xTlQ0azdZb01TSWxEdXZjY3o3MkUzUFBrOU4wMklCODNnZElibjhSWGc?oc=5) · American Banker
- 2025-04-08 [America's Best Regional Banks and Credit Unions 2025 - South Dakota - Newsweek Rankings](https://news.google.com/rss/articles/CBMilAFBVV95cUxOYWRVeGZ1b0d6R0lNbFdta0dqdTl5WDBnbS04YWpyYWQxZ0VUazZNUkdqUzFCSjFPb2dLblBoU2N0UE9mRjN2QTA5RFlhREpTYmxNR0hBaXFkR2w2MDV3YnBFM085ckF0UThpWUNST1FlVVNzS0cxOHpFTjdMVklJMXFaNlo4MEZ0N3Rlay04bDlpaV9T?oc=5) · Newsweek Rankings
- 2026-01-23 [Meet the South Dakota Women's Ag Network team - South Dakota News Watch](https://news.google.com/rss/articles/CBMifkFVX3lxTE1qRXJqejViTlh0TWNFLVFnaWVRV18zWEdKcFdHN3VpSlYxd2lSNG1hTUR5bTlPRXpPUGJ1ZkNyZjhMQng1NkVqa2NkN1pfV0d6aUY0Y1U1NkUyaVExdXpuQXNKcXRrX0VEX2VXSXZjZ2NDY2dtRHJSTGRBb1Zidw?oc=5) · South Dakota News Watch
- 2026-08-13 [4-H Appreciation Days: Charles Mix County - mitchellnow.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxOUTYyNGNtMHhuR2dBVGFaWUJwR1BfUElZcF9qTXFZSVZZMmkyQnNjTFlnUDF3QW1PRE9fXzFFN1dwT1FPOTh1U0VrMzBfRTVDV2JWS2EzVldLWUt0SllfUUgxOGJaZ1pleFY0M1ZWR0lVdTJCZzA5bXlBNlFDbllHdUFpTQ?oc=5) · mitchellnow.com
- 2024-10-23 [$18.5M East River Medical Imaging class action settlement - Top Class Actions](https://news.google.com/rss/articles/CBMiygFBVV95cUxPOXpyc09SOXhpeDdrTEU5ZjlxQmZ5TWZrcjBFOUNFOTA5SVdOMTFZZEp1Y1RLOHRRRHRQLVc0aFZWV1V5MU1MUjFRYURzQ1JkT0ZTMktiZldsYjlSZHdZZ01xLTRnbW5lM0hoQWtwczJaaWFNcVB6cEhnX1NCbzRnMUdfWndXLWJ6X08teWdoczNkYUdsbktlZW00V0wyTWxlRnZxTWp3aW9EaEd0SGRMQWZFVGdlb1E2SHFDNG5rSlNMTTJqWnFEdnNB?oc=5) · Top Class Actions
- 2025-10-07 [Regional Banks, CUs: 3 Proven Strategies to Drive Growth - Resourceful Finance Pro](https://news.google.com/rss/articles/CBMifEFVX3lxTFAxR0V1c1lIRy1GXzQtSGNTNk9EM3N6NjM2M3FzT0p2b2hTUDc2aEw2NVR2Z0lUaDBUYXRTckJsanRGWXdsenQ1SnU3SEw3bldSSWhEcmNqLWdMMVNIM3R1Sks5a2FoZy0xTkpoUkVOaVJISDFDd01PR3IzM3I?oc=5) · Resourceful Finance Pro
- 2024-09-04 [Kay Schmidt Obituary (1950 - 2024) - Madison, SD - Madison Daily Leader - legacy.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxOaFFrTWxNc1RwLWpmOW0tdFhNY3lkeWUxOGVPSHg4RWZ0UndIcHBkZE02STRZTFZrWmtCNXY3T05zS19MSVRMbjhTYjJ2emJUZjgtS21zZEFReDRFUkZTX1BHV3hCVnZPck9lQXFqeG5Dd1JBSHppcXl5M09SeG5YZWtHajlxN3NkaDZDY0ctZDhxNVA3Y29xWQ?oc=5) · legacy.com
- 2026-07-29 [4-H Achievement Days: County-by-County Coverage - mitchellnow.com](https://news.google.com/rss/articles/CBMie0FVX3lxTE1SWEkzbjZvXzh0N3ZCRWgzaTFacEs0UXNZRDlwWm9hbHM0MWRPSzFVd3lQc09lZXp1eDZwa3k4Y1NSU1RUSmhyaEZFZnJ5ckhkZzY1NlBIa2pkOUJpc24tcDl4RFM4VEMwMkk5M2JHR0xUTmlEMmtqRlVDVQ?oc=5) · mitchellnow.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=11353 (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/25.json (key "11353", 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=11353
- 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