# TOUCHSTONE
WILMINGTON, MA · NCUA charter 11765 · asset band <$50M · latest filing 2017-03 · stopped filing after 2017-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/touchstone-11765

Who the members are: federal charter, multiple common bond, organized 1957. 2,253 members of 4,000 potential (56.3% of the field); checking penetration 36% (share draft accounts per 100 members); loans per 100 members 47.

**Verdict on the desk:** this could be *too clean*. 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 | $18.2M |
| Members | 2,253 (-5.4% YoY) |
| Full-time staff | 4 |
| Net worth | $1.6M |
| Net worth ratio | 8.7% (p18 of band) |
| ROA (annualized) | -0.69% (p12 of band) |
| Total delinquency | 0.03% (p12 of band) |
| Net charge-offs (annualized) | 0.56% (p73 of band) |
| Loans / shares | 38% (p23 of band) |
| Cash / assets | 17.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.43% (p28 of band) |
| Operating expense / assets | 3.70% (p60 of band) |
| Vehicles % of loans | 40% (p33 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 0.07% (p32 of band) |
| Vehicle NCO | 0.00% (p34 of band) |
| Repossessed % of vehicle book | 0.00% (p44 of band) |
| Real estate % of loans | 34% |
| Credit cards % of loans | 17% |
| Unsecured % of loans | 25% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 75% |
| Certificates % of member funds | 6% |
| Average share balance | $4,534 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 47% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $6,078 |
| Loans granted, annualized | $1.6M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **losing money** (`earn_negative`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 4 | losing money, members leaving, loan book shrinking |  |

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

- 2021-10-16 [William Lawlor Obituary (2007) - Medford, Allston, MA - Boston Globe - legacy.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxQTzdDLUx2WGIzU0k0amdNem9PQWtnT3hMUWl6NGZueGE2eTRrbHFlbmIyRHFXNTVlUUtxODE3bzVlVFJoTG9qYjVJa3kwNWJkYjd1bENlNXk3RUJfTjY1T3FrQ1Q4dHVFZmFRb094SDBFSmdxY2JiNURJb3ZycEUzcE5YdWVkUHJsZHhlbXo2b21QVlE?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=11765 (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/53.json (key "11765", 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=11765
- 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