# NESC
METHUEN, MA · NCUA charter 12334 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/nesc-12334

Who the members are: federal charter, community charter, organized 1958. 7,872 members of 1,250,000 potential (0.6% of the field); checking penetration 74% (share draft accounts per 100 members); loans per 100 members 63.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $125.8M |
| Members | 7,872 (0.1% YoY) |
| Full-time staff | 23 |
| Net worth | $13.2M |
| Net worth ratio | 10.5% (p32 of band) |
| ROA (annualized) | 0.53% (p39 of band) |
| Total delinquency | 0.72% (p58 of band) |
| Net charge-offs (annualized) | 0.07% (p17 of band) |
| Loans / shares | 77% (p65 of band) |
| Cash / assets | 14.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.94% (p66 of band) |
| Operating expense / assets | 4.31% (p72 of band) |
| Vehicles % of loans | 16% (p14 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p16 of band) |
| Vehicle delinquency | 0.10% (p13 of band) |
| Vehicle NCO | 0.00% (p8 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 74% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 70% |
| Certificates % of member funds | 23% |
| Average share balance | $6,733 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 63% |
| Loans granted per 100 members, annualized | 52% |
| Average loan balance | $17,488 |
| Loans granted, annualized | $17.1M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)

## 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 | 1 | members leaving |  |
| 2017-06 | 2 | net worth falling |  |
| 2017-09 | 1 | loans>95% of shares | members leaving, net worth falling |
| 2017-12 | 2 | delinquency rising |  |
| 2018-03 | 2 | net worth falling | loans>95% of shares |
| 2018-06 | 1 | loans>95% of shares | delinquency rising, net worth falling |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | net worth falling |  |
| 2019-09 | 2 | delinquency rising | net worth falling |
| 2019-12 | 2 |  |  |
| 2020-03 | 1 |  | loans>95% of shares |
| 2020-06 | 3 | thin capital, net worth falling, margin squeeze | delinquency rising |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | net worth falling |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 1 |  | margin squeeze, net worth falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 2 | delinquency rising |  |
| 2022-09 | 1 |  | delinquency rising |
| 2022-12 | 2 | delinquency rising, assets shrinking | thin capital |
| 2023-03 | 3 | thin capital |  |
| 2023-06 | 1 |  | delinquency rising, thin capital |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 | delinquency rising | assets shrinking |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | members leaving |  |
| 2025-12 | 1 |  | members leaving |
| 2026-03 | 1 |  |  |

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

- 2022-03-16 [Align Credit Union welcomes Sharon Birchall to Business Development Team - CUInsight](https://news.google.com/rss/articles/CBMiswFBVV95cUxQRWlTalVVX2Zsbi1vdThXRGJxSTlPaWVIUndac0FyVEVBdHhxYkRGTGZvU3N3WUVSRXBpNHQ2SXhFOWoxUjVNbTl4WExKOWM1ZGpHaTBLQnVJazdWcGpIMHFYRzhxa214VEx4aDBNM0t6SFNOVkFEM1VUcDNuVkNXd1FqSTNVR1hTQ04waFFxVnJheDBUdEYxRVBoMWFSQUllU3lndjdSbWlCclFON21SaVA1WQ?oc=5) · CUInsight
- 2011-02-02 [Brenda S. Pomerleau, St.Mary’s Credit Union, Leominster - wbjournal.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxOVklEM3d3c2RoVURyY29BZVhkWnJXMzQyemp0WHZDamRnTHo5dXR4V2xFbDFjM3kzREotWnJ2WjAwUmVFbGQ0N2czM1ZoaW5nMDdNeFV0R08yR3AwajJDRWZ4WG9LSnZjSUhjS2I5eW9jMmg0eFREU3BiRk1kUDIxSmNrRTR5TnJP?oc=5) · wbjournal.com
- 2019-08-09 [Henry A. "Hank" Solomon's Obituary, Visitation & Funeral Information - John Breen Memorial Funeral Home, Inc.](https://news.google.com/rss/articles/CBMid0FVX3lxTE5Wb3ViSnVvYmJ4NDFuRGtKWkVCT3R6LVh5endNYVZrR1kzVWlLQWViUW9DOEYxQXJXUHBobkViWjFqeGlwaENKX3lyYjNCZFR5SVM3V3FJOEJFNUNOSVZUMHNHRWl5YUhPNEk0bjVwZXpXNXpKX1RN?oc=5) · John Breen Memorial Funeral Home, Inc.
- 2013-03-13 [Robbers hit 4 city banks in 6 weeks - WCVB](https://news.google.com/rss/articles/CBMigAFBVV95cUxQclVMRWVmUHBzM1NMV3VCQ2U1Z21yaGNYeV8ya2dQbzFWMVAzdUJGMkZTNDRiWXFmaXBERXdnYkcxdE1jNEdDMnlNemRLUmhRZi16QzVHVVdmVGlHX0xCMDNyZmN4eWF0WTAtbkN6blVSaV84TE9mQ3V2ZzhDMmpRLQ?oc=5) · WCVB
- 2013-04-10 [Massachusetts Law Enforcement and FBI Seek “Merrimack Valley Bandit”, Armed and Dangerous - The Valley Patriot](https://news.google.com/rss/articles/CBMiswFBVV95cUxPaEhRTWZkcVNoU2lfc3dOSmk2LVMzaUxSdkxWR0tZY1FBelZlNGZXSk5mOGRuTVczVzBObHc1RThleC1aNmUxem14SkR1Y29YdlgtNGNWc2hWeVNkd1lkWEh2TGY1UzA3bjk2MjRXZnJfNTJNQTN6WDVRU1c4NDdpdGFiUEh2M3ZRRTh4SmVXcGpBNVhza1RWREFId1lfNmJiZUlCNHZZS0sxbndKVGNpUzM5QQ?oc=5) · The Valley Patriot
- 2013-04-22 [Armed Robbery at TD Bank in Tewksbury - Homenewshere.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxPNk9LUWIyVkNWMk9jUVRfV0p5WTJIUExiWmVfUVUtcGN4aTJuMnZ0MWNYa2VYMjVzZXFpUGlmQTVWWWV5YVk0Y202RDV3NDNZQkVtSHJLcGhhaEItVl8zbDVUTWEwZGpnVWd2LUR6alVpZmhxczFUVmd0SHM5MzhuZXBqWjNJMkJmekdfMjczVmNoT0JrZTNpVEpSOVF6SXZfY1E?oc=5) · Homenewshere.com
- 2013-04-14 [MAKE THAT NINE! Merrimack Valley Bandit Busy Over Holiday Weekend, Hits Dracut Bank and Methuen Convenience Store - The Valley Patriot](https://news.google.com/rss/articles/CBMi1AFBVV95cUxNX19xamNMTkVDMXZ2bG0xTElpM3FYY2wtejhJYjVvN3BNdGR3RHdFazhYMktVRHoyNE5KVFdCc0lUMUZnMmVEZkxxSWE4ajNpbWRidngxUWFpU2thODJVV05xcnVYQ2JNaXFscEV3TllObEpFLUVoZktmLVM5cjgtMnZ0UXkzWkRkVTdKUUdRWmZYaHQ1dk54SElHa200WElqVUxBWU13TWtPTFdFdGRpNm5rWVJ5WUQ4V1FUNWFCZHJpODVqcFJ5dkgzWmwtdkdlblQwYQ?oc=5) · The Valley Patriot

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=12334 (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/46.json (key "12334", 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=12334
- 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