# GREAT MEADOW
Hudson Falls, NY · NCUA charter 11402 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/great-meadow-11402

Who the members are: federal charter, community charter, organized 1956, low-income designated. 6,309 members of 297,672 potential (2.1% of the field); checking penetration 70% (share draft accounts per 100 members); loans per 100 members 61.

**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 | $83.5M |
| Members | 6,309 (-9.0% YoY) |
| Full-time staff | 20 |
| Net worth | $8.7M |
| Net worth ratio | 10.4% (p25 of band) |
| ROA (annualized) | 1.42% (p83 of band) |
| Total delinquency | 0.99% (p72 of band) |
| Net charge-offs (annualized) | 0.53% (p72 of band) |
| Loans / shares | 68% (p64 of band) |
| Cash / assets | 30.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.26% (p81 of band) |
| Operating expense / assets | 4.23% (p73 of band) |
| Vehicles % of loans | 49% (p60 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 20% (p68 of band) |
| Vehicle delinquency | 1.37% (p79 of band) |
| Vehicle NCO | 0.65% (p73 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 32% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 1% |
| Core shares % of member funds | 51% |
| Certificates % of member funds | 27% |
| Average share balance | $5,699 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.8M |
| Loans outstanding per 100 members | 61% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $13,283 |
| Loans granted, annualized | $14.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.8M outstanding purchased (20.4% of net worth), $0 sold and retained. Sold in 0 and bought in 1 of the last 8 quarters. Shares 17.2% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 0 |  | auto monoline |
| 2016-09 | 1 | auto monoline |  |
| 2016-12 | 2 | loans>95% of shares |  |
| 2017-03 | 3 | expense trap, delinquency rising | loans>95% of shares |
| 2017-06 | 1 |  | expense trap, delinquency rising |
| 2017-09 | 2 | delinquency rising |  |
| 2017-12 | 3 | net worth falling, loans>95% of shares | auto monoline |
| 2018-03 | 2 | expense trap | delinquency rising, loans>95% of shares |
| 2018-06 | 3 | delinquency rising, loans>95% of shares | net worth falling |
| 2018-09 | 0 |  | expense trap, delinquency rising, loans>95% of shares |
| 2018-12 | 2 | net worth falling, delinquency rising |  |
| 2019-03 | 2 | losing money | delinquency rising |
| 2019-06 | 2 | expense trap | net worth falling |
| 2019-09 | 1 | delinquency rising | losing money, expense trap |
| 2019-12 | 1 | net worth falling | delinquency rising |
| 2020-03 | 2 | delinquency rising |  |
| 2020-06 | 2 | margin squeeze | delinquency rising |
| 2020-09 | 2 | expense trap | margin squeeze |
| 2020-12 | 3 | margin squeeze |  |
| 2021-03 | 5 | thin capital, charge-offs p90 |  |
| 2021-06 | 4 | delinquency rising | expense trap, margin squeeze |
| 2021-09 | 2 |  | net worth falling, thin capital |
| 2021-12 | 1 |  | delinquency rising |
| 2022-03 | 1 | delinquency rising | charge-offs p90 |
| 2022-06 | 0 |  | delinquency rising |
| 2022-09 | 0 |  |  |
| 2022-12 | 2 | expense trap, delinquency 2x band |  |
| 2023-03 | 3 | delinquency rising |  |
| 2023-06 | 2 |  | delinquency 2x band |
| 2023-09 | 3 | delinquency 2x band |  |
| 2023-12 | 2 |  | delinquency rising |
| 2024-03 | 1 |  | delinquency 2x band |
| 2024-06 | 2 | net worth falling |  |
| 2024-09 | 1 |  | net worth falling |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | net worth falling, margin squeeze | expense trap |
| 2025-06 | 3 | delinquency rising |  |
| 2025-09 | 3 |  |  |
| 2025-12 | 3 | members leaving | delinquency rising |
| 2026-03 | 2 |  | margin squeeze |

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

- 2026-06-08 [Glens Falls FitFest Returns on Saturday, June 20, with 5K, Fitness & Family-Friendly Activities - Visit New York State](https://news.google.com/rss/articles/CBMixwFBVV95cUxPU2tyTFl3QTlaVG1MeDBibEdtT0E5TFBsZDBpaDhJaEEtTnFKUXR5dHhsRVJjeWs4NnFscDJxSEZLYUh0c0RxSnpFdm5CTnlRY2JaN0drdHpSN0lVTUZHX3ZzVnB4a1dBT01hWUVDTW5OaGk4TEJFS0tMbkZCcHAtdEJVVERteVpPSUhvTEVxZHBPaWl2YkRFWXZ3VGZHcjBJdGVpMUo0cl9sc2hPQnJ5ZFQ0R0RLTS1uRnZndzlsNVhZZ3dNZ3c0?oc=5) · Visit New York State
- 2024-03-18 [BUSINESS BRIEFS: Bennington College prison accreditation; MOLARI new staff and promotion; Milne Public Library new director; Morris Elementary's Principal nominated; BCC students win national awards; BNRC protects farm; ViM Berkshires awarded maj - The Berkshire Edge](https://news.google.com/rss/articles/CBMixAJBVV95cUxOaTlGRFROU05WdlhuaWFjLU9TTGI3cl8yU1FvdkxHTGFYMUM4ZGxVanJLRGxEbzVhY0hjdXhYVUVBY05jcGhSSXZ2QmtTZm03bjFUN2RFam5ndnVvU2tSbEJrd0VkSVBob2xVajNTcFNmNTd3RGdJY2hvdlpkUjFfWjF0bzZvbjdOd0JXZU1oTUVmRmtIS2R1VzNaRkhzQk1WMEVnaE82bDZMTnFSakJONjM1M1pURXFXQUJxajJaRERkUUZnY3ZYZVV4N3NkOGlQa2lkOUxLcmN3bjdGYUJKNTlRdXN2TGQ2RTNCX0tQWWpSVXUxaVFqWjVGNHVHdXd0blVfUnBMYXZtNUkwWkNIeWpuNWh4Qld0Zmdvam9rNUlJUTRXUUJ0NzNJbmRyaFpJUk1veDRlaE9QNXFNMHlBQS04dlk?oc=5) · The Berkshire Edge
- 2022-04-11 [Roy Rathbun Obituary (1936 - 2022) - Granville, NY - Post-Star - legacy.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQY2hMdVJxem9CZldHR2NwQnFqajkycWFMQl9mTFpCUzBJb1A2NjRQY1ZEclcyRjBVbjZZUU96RVJaSFJDNm5NOEluQUJUSV9aWUd6TWtKU3JyNC1qY2FwWUQ1UFJHSDNoVG9JUlZMNXJyYXNESERiV1RwSkU1blBPQWVWckRoMXM1bC04?oc=5) · legacy.com
- 2022-10-30 [Maryjane Bocchi-Legault Obituary (1951 - 2022) - Hudson Falls, NY - Post-Star - legacy.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxPYUFYTXRaRGpJaDJ5U1E5dlFyUUFBaEJ0M0tWd2hUU2pjYm92MllzbjJQYUwzRGQzTzBtdFlTVk9zSGpuTTJNN09tZGNpb3Z3dlFQZUFlbzh4Z3FPaWw2QVNBdEZkTlRNWDVxMFoyWkQwdGszUTRvT1JLTWxnVk82cEdXQ3AzOXVEWE1kbUNGakNhNkw1a0pNbGt1NA?oc=5) · legacy.com
- 2017-07-27 [Shelby McEachron Obituary (2017) - Middle Granville, NY - Rutland Herald - legacy.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxNaUhsVk9Hb2ZCbDRjUTh5QlhUSFJLLVE4d3RTc3BJMVlSalg1MjRSQWdaVF9mSU5Sd3RKbkV2RFNrd1J3b0h2ZVdmZG1PNlhOM2J1SE5DYjd1dmR5R3NuWWl0NGZ6bzIwTGFENVA5V1ZONXNHTGZucVBvUjdPZEJJTnExVlA5eTZGSi1WQnJ2U2hRTUtkazRoWA?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=11402 (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 "11402", 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=11402
- 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