# LEXINGTON AVENUE
Rochester, NY · NCUA charter 12833 · asset band <$50M · latest filing 2024-03 · stopped filing after 2024-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/lexington-avenue-12833

Who the members are: federal charter, multiple common bond, organized 1959, low-income designated. 2,992 members of 180,000 potential (1.7% of the field); checking penetration 22% (share draft accounts per 100 members); loans per 100 members 69.

**Verdict on the desk:** this could be *stressed*. Composite score 10 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $19.1M |
| Members | 2,992 (-11.1% YoY) |
| Full-time staff | 5 |
| Net worth | $1.1M |
| Net worth ratio | 5.8% (p1 of band) |
| ROA (annualized) | -2.15% (p4 of band) |
| Total delinquency | 2.05% (p79 of band) |
| Net charge-offs (annualized) | -0.18% (p7 of band) |
| Loans / shares | 94% (p90 of band) |
| Cash / assets | 9.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.46% (p13 of band) |
| Operating expense / assets | 5.33% (p87 of band) |
| Vehicles % of loans | 11% (p7 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 1% |
| Third-party paper % of net worth | 684% (p100 of band) |
| Vehicle delinquency | 1.99% (p80 of band) |
| Vehicle NCO | 0.00% (p36 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 34% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 41% |
| Certificates % of member funds | 41% |
| Average share balance | $4,346 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 69% |
| Loans granted per 100 members, annualized | 0% |
| Average loan balance | $8,187 |
| Loans granted, annualized | $122,840 |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 6 | thin capital, losing money, expense trap, delinquency 2x band, charge-offs p90, 3rd-party paper>100% NW |  |
| 2016-06 | 6 |  |  |
| 2016-09 | 7 | loans>95% of shares |  |
| 2016-12 | 7 |  |  |
| 2017-03 | 5 | assets shrinking | losing money, 3rd-party paper>100% NW, loans>95% of shares |
| 2017-06 | 6 | loans>95% of shares, 3rd-party paper>100% NW | assets shrinking |
| 2017-09 | 5 |  | charge-offs p90 |
| 2017-12 | 7 | margin squeeze, charge-offs p90 |  |
| 2018-03 | 9 | capital below 7%, net worth falling, losing money | loans>95% of shares, margin squeeze |
| 2018-06 | 9 | loans>95% of shares | delinquency 2x band |
| 2018-09 | 4 |  | charge-offs p90, capital below 7%, net worth falling, losing money |
| 2018-12 | 5 | assets shrinking |  |
| 2019-03 | 6 | delinquency 2x band, members leaving | loans>95% of shares |
| 2019-06 | 4 |  | 3rd-party paper>100% NW, delinquency 2x band |
| 2019-09 | 5 | loans>95% of shares, 3rd-party paper>100% NW | assets shrinking |
| 2019-12 | 5 | margin squeeze | expense trap |
| 2020-03 | 5 | net worth falling | loans>95% of shares |
| 2020-06 | 7 | capital below 7%, loans>95% of shares | members leaving |
| 2020-09 | 6 |  | net worth falling |
| 2020-12 | 6 |  |  |
| 2021-03 | 6 | net worth falling | loans>95% of shares |
| 2021-06 | 6 |  |  |
| 2021-09 | 6 | members leaving | net worth falling |
| 2021-12 | 8 | delinquency rising, loans>95% of shares |  |
| 2022-03 | 7 |  | margin squeeze |
| 2022-06 | 8 | losing money, assets shrinking | delinquency rising |
| 2022-09 | 8 | leaning on borrowings | members leaving |
| 2022-12 | 9 | delinquency rising |  |
| 2023-03 | 9 | members leaving | leaning on borrowings |
| 2023-06 | 9 | loan book shrinking | delinquency rising |
| 2023-09 | 8 |  | loans>95% of shares |
| 2023-12 | 11 | delinquency 2x band, delinquency rising, loans>95% of shares |  |
| 2024-03 | 10 |  | loans>95% of shares |

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

- 2021-02-18 [Thriving in a difficult time - Rochester Beacon](https://news.google.com/rss/articles/CBMid0FVX3lxTE5zWFJuaUgzbkV6ajV2Z0J2a2dIYlZqQUlJN3MyejFjR1JXbVdCRU1tVTkwLTdjRXdSWnVvNzlSWTM0WWRQLThYRDByczJxN240SXRURTF6SnF5bHZCYXFEZm5SSzJvcllnNkFuWjI2UVh4X1VhX0xj?oc=5) · Rochester Beacon
- 2025-08-20 [Wings Credit Union seeks approval for new Blaine branch - The Business Journals](https://news.google.com/rss/articles/CBMimwFBVV95cUxOekluVk9QQXF5U0VpZXFXWDVuQjZ4X0p4U2xTZ3NaaGJEVHJWSTN0M1FVeGVBX1Z6Y0dGVDVQcU8zal9fVGxoM0JNMVpPZUk0OHU4Y1U5UG9GcmMtN1FXdmJqeXBGWDFtWlNEelZEMEZyNUVZalpmcEt0WFFZOG1wTzRSSFE4bDhfMFA0Nlk5d194TlYxbklZcmFVOA?oc=5) · The Business Journals
- 2023-09-12 [In August’s largest office leases, 450 Lex deal stands out - The Real Deal](https://news.google.com/rss/articles/CBMipAFBVV95cUxNaVFsbXh5T1k1aTR2aXJBSExiSGpFeDdTbk1TX3NvS2VIQmg0UmpqQTkxdl9kZk9UM1NmY05vTnZvSjNwUXZSQVVWdFQzYTZmaF9QRWVSMTc3dnBrNHU1aVZaSVdoVkFWM3RNWFFnMGJpeGs0TnJfb0VSSllfV1FCNjdWRWZhdWZuUXdlSk1YOHNHcEhUZ3lBMnZfYVAzQ1QtM2JsWQ?oc=5) · The Real Deal
- 2021-02-25 [My Money Workshop announces new partnership with Mid-Hudson Valley Federal Credit Union - Issuewire](https://news.google.com/rss/articles/CBMiygFBVV95cUxObHllSmY0bU40bE1OSElMc3BGamhidkJEdnlLWHlrN0Q2WXN6SzYtQkVXZk5KQWI2YVZMRXJEUzZreFRZQUxhMnVMeDlsaWd1bkpZN3VMdDVfc1pURS1KVm1UbzEzSFBjRmRMa2xyZElhS0FUeXkwdFo2VDV2akVvUmNCamt5ZXY3RWtEN3JycllqcGk4bEFxOUNBSWpmOUdMQW44d1owUFlNSDFSQlpzV25Ld3h6N1YtUWttQWxiZmc2ckxaV3YzblZ3?oc=5) · Issuewire
- 2022-09-04 [Obituary information for Donald Eugene Sautter - Snyder Funeral Homes](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQdWZldzJIVFRaZVc1d05yWGVaWEdNZlVMLXpjcFZ2S0ExWUtsYi1TRFRFYVN2RGZySFktRUcxcXV6aEI1c3NnZlNCdkFfVzBrb1hOTGplWVp3Q3RpR2k0NTB4RmRXREdncU5LalJUbFIybjAyMjk3OVhZdDc1U1Z6WF85V2JQT1Rl?oc=5) · Snyder Funeral Homes
- 2017-03-08 [Samsung property fund invests $100 mn in mezzanine debt of US building - KED Global](https://news.google.com/rss/articles/CBMiX0FVX3lxTE1WektBSi1qT0NndjBpd0FxRjNtUHluRi1kWllwd29Da3N1SkhzMEVPYXRCWVZCX21HaGpOTlpWUXh5RU90a2pDUzRoUHE3eGtwZDZXQjNUSnQwaGFiX09r?oc=5) · KED Global
- 2026-08-22 [Albany firefighters respond in time to stop spread of Clinton Avenue blaze - Times Union](https://news.google.com/rss/articles/CBMimAFBVV95cUxQMXdsZXhOVkRXMm42VFAzclgtR3JEQTNFUUFCNVdCbTN1dno5clVIcGtoalRuLXBEaWNwN3p1Z19NODdiY0FiT2R1dGp1Q0IzYmNnVHozM0VfRDBXNEI1U2l6SDNrdkx1N0J1SmpnSzFxV1VyRTROcGNILTdqWGNCbW9YSEhablBDaFhKTm0wLUxLZ1BlcFFJNA?oc=5) · Times Union
- 2018-03-09 [Just Sold: Kwik Trip targets 11 MN sites for new stores - Finance & Commerce](https://news.google.com/rss/articles/CBMilwFBVV95cUxOWWh6Y3lxTms1OWM5R0QtbjBNWTlLNko0MHdLa1k3a3hMYk5yWm1KYk05bW9OTzhEclJrWS1iUTk1aFp4aGdJWmpsVlpGZ2d6OHg3Z1JMWUllNDVLU2RWNVpZZ0lVLXpfM0RFNWxaRGFOemRMaDRYbXFTa2hua3lrYTd2NnFIa0lxakp3Yk53OE1qVG1TQ2lj?oc=5) · Finance &amp; Commerce

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=12833 (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/33.json (key "12833", 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=12833
- 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