# HARRISON
Colorado Spring, CO · NCUA charter 12056 · asset band <$50M · latest filing 2023-06 · stopped filing after 2023-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/harrison-12056

Who the members are: federal charter, multiple common bond, organized 1957, low-income designated. 1,267 members of 5,000 potential (25.3% of the field); checking penetration 64% (share draft accounts per 100 members); loans per 100 members 119.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $16.2M |
| Members | 1,267 (-6.0% YoY) |
| Full-time staff | 4 |
| Net worth | $1.1M |
| Net worth ratio | 6.8% (p3 of band) |
| ROA (annualized) | 0.30% (p34 of band) |
| Total delinquency | 3.78% (p92 of band) |
| Net charge-offs (annualized) | 0.53% (p80 of band) |
| Loans / shares | 76% (p74 of band) |
| Cash / assets | 23.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.20% (p47 of band) |
| Operating expense / assets | 4.31% (p78 of band) |
| Vehicles % of loans | 34% (p19 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 125% (p97 of band) |
| Vehicle delinquency | 1.76% (p81 of band) |
| Vehicle NCO | 1.06% (p92 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 43% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 74% |
| Certificates % of member funds | 10% |
| Average share balance | $6,035 |
| Participations bought / yr | $449,364 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 119% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $7,630 |
| Loans granted, annualized | $750,720 |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **delinquency 2x band** (`aq_dq_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | members leaving |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 | delinquency rising | members leaving |
| 2018-03 | 0 |  | losing money, net worth falling, delinquency rising |
| 2018-06 | 2 | losing money, delinquency rising |  |
| 2018-09 | 4 | net worth falling, delinquency 2x band |  |
| 2018-12 | 2 |  | delinquency rising, net worth falling |
| 2019-03 | 2 | delinquency rising | losing money |
| 2019-06 | 1 | members leaving | delinquency 2x band, delinquency rising |
| 2019-09 | 1 |  |  |
| 2019-12 | 3 | net worth falling, delinquency 2x band |  |
| 2020-03 | 2 |  | delinquency 2x band |
| 2020-06 | 4 | margin squeeze, delinquency 2x band, delinquency rising | members leaving |
| 2020-09 | 3 | thin capital | delinquency 2x band, delinquency rising |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | delinquency 2x band |  |
| 2021-06 | 3 |  | margin squeeze |
| 2021-09 | 2 | delinquency rising | net worth falling, thin capital |
| 2021-12 | 3 | assets shrinking |  |
| 2022-03 | 6 | thin capital, losing money, margin squeeze, members leaving | assets shrinking |
| 2022-06 | 11 | capital below 7%, net worth falling, charge-offs p90, assets shrinking, loan book shrinking | margin squeeze |
| 2022-09 | 6 |  | capital below 7%, net worth falling, assets shrinking, loan book shrinking |
| 2022-12 | 7 | capital below 7% | delinquency rising |
| 2023-03 | 6 | assets shrinking, 3rd-party paper>100% NW | losing money, members leaving, charge-offs p90 |
| 2023-06 | 7 | members leaving |  |

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

- 2026-07-28 [Red Bull New York Unveils Club’s New Service Dog 'Harrison' in Partnership with Financial Resources Federal Credit Union and America’s VetDogs - Red Bull New York](https://news.google.com/rss/articles/CBMiiAJBVV95cUxPZ1hGMFJhVXU1dG4xUkMxSUN2Z3oxbU9hd2tyb1RRN3J0b25JcGdpclhYdWJXem5CMXlGMEpHRXVwNjh0S2ZIV19CMkh3cmJiYTB6NGlMRVN3eHppZ3p6d3E4aUF3SWZ1ejFJc2hpOEJtWXQ2WXRoZmZmaXVYWkFiNkxXSVZEN1lqWmpZOGNHczJkNTZZQ3lRZW12RXVPT0lSeXNabm95dV9ZN1RFcTh2N0xRM0dxTWthTXBrR0FTSm5BM29ZdWdwUlVvMVJuV3BXcXAyd19rWVhFNE9DU185cXJkVE1hMnRmQnZEbF9uSmo1bDBxb1cyZ2R6M0tUbzJwQnhrS1RmYlo?oc=5) · Red Bull New York
- 2026-09-01 [New food drive to start in Harrison County this fall - Yahoo](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPVTVYVFk3amM0eVl1TnRZaEVMeF8ybVlLZ3VnT3RxZ0pvLWFDRExwWWZNb3prTDBvaHFKdFJRV1ptekdGN2huR19DZWtjcklJbWlDNWVqNmNUMi1qcGFjdXVQRHVEY2VIYkozMmlDLUppOE1QNUNTblZRVVVxSTA0QW9lMkZpWjZjelNZ?oc=5) · Yahoo
- 2026-02-02 [Butte bank officially acquired by Idaho-based credit union - NBC Montana](https://news.google.com/rss/articles/CBMilwFBVV95cUxNN19aN1hQTE1uWnBRcXJiN3gtLU96OFhjcWU0cE1UbGc0cHhtN0FXVzNjanFrUmUxWHNySUtpb0ZHRlJJdUhjcGc2UEJMYjRRLVBsTklLd0JtVFhHTjJqd1RVMkpWYWdVYXZvbzlENE5kOGRRSjY4S0JGTVIyR3BTUjlsNFNZZHdsSUE4clQwcnFoV3QyMGg0?oc=5) · NBC Montana
- 2026-06-01 [Suspects accused of trying to cash phony checks at Centralia credit union - The Daily Chronicle](https://news.google.com/rss/articles/CBMiswFBVV95cUxOczhKUGV2U0R5RTBOb3g2NlhvSDRQNmFYb0xMRk50aHBnNVFCZ1dkWlRwQ2cyb1pieDlES2w5YzBoejNGNloxaG5iWHVaU0gtYndsMDZRVEVrR3JBWklYbmN4dlhjOWNPemlzZ2ZEd2VHUWxQei16a1lrOXhWQkdxVE9qNW5iOEhXMlBsOXJQV1dCemNSRHhhWUhZa05YcG1lc1ZCVUZkZXMxeFdzck5NNFFPdw?oc=5) · The Daily Chronicle
- 2026-05-06 [BSA chief sets out vision for mutual financial services - Co-operative News](https://news.google.com/rss/articles/CBMiiAFBVV95cUxONlMwRWl2dnNFa2Z3TUlMMXp0ZTFMTDM3SzBjOUFJV2N4S3IzbFdDM0U0ZWc0TVF4SlJJYXFWYlZJaWkwOWlvZk1kWGJ0bTZ3SFpOblI4YXhuUy0tV0JETERfUE9oTXpGSGlLcC1VdmdDemxfLXNDTUx0MmlFXzNoM0JfTHRneTVJ?oc=5) · Co-operative News
- 2026-05-29 [Man Killed In 5-Vehicle Crash On I-78 In Union County - Patch](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQbElzZ0ZkcDNZTGRuZlFMa2tKVjdIdTZFd2JoaV9YZ3ZiS3FuazlDdkpaTTJmazBzR3EyeDVvRVRWUnNhVjF5S05ydkxtU2ZVRkV1aDE3NjkwU0RJRWlDemJmZnRCYkQ1cTMzeU5wbXVncWF5Z2llS3Uzdk1pQ1Q2cUpXX292UkJUUk1v?oc=5) · Patch
- 2025-05-20 [7 17 Credit Union welcomes Harrison Hochman to Board of Directors - CUInsight](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQcElIUWhHQkRNUjBKenhEendoeWZsOEZHaWYxcHFuNDV3QVhNUE9VRGg0a0tBRkxwbjl1RWhXWTNzMUFLWTNnWTBvenhXVWU2M2xPc1o1aENzYjZhSmFQcUpoU0hrLTRBYVh1aEVtU2FsZjNpcEtuTGl1cGc3S1RXRl9SbkJVMDFaYUswMFdhQVluNTNPNEtCZEw3SFF2MXJzYVlWZVBXRFZUQQ?oc=5) · CUInsight
- 2026-09-09 [Coosa Pines Federal Credit Union Scholar Athlete: Harrison Hebert - abc3340.com](https://news.google.com/rss/articles/CBMixwFBVV95cUxNVF9hNXVkdVFYYXJOWktpM2RqQ0hDN05qaC1DZzcwa005V0tDLVNoV1RkdFktUm9yaGV5UjZ5RmZSd2NibG1BTi1tMnlETnExMkJRUTQyRHY4SDltVG1JOU5SR2ppYXFNR2REVmlLdGwwM0loLW1pNXF5bDRNbTFtOWNlNk5TcEkxallnZ3RzTHZTVFU4Yk8yVFVFQUtvUUpqcGNzUU50bDd2MFF5b0lmMjNIMHNLcWdOOE43QjN0VTVPdk1kSEp3?oc=5) · abc3340.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=12056 (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/24.json (key "12056", 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=12056
- 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