# SHREWSBURY
SHREWSBURY, MA · NCUA charter 13601 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/shrewsbury-13601

Who the members are: federal charter, community charter, organized 1960. 9,664 members of 374,848 potential (2.6% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 73.

**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 | $247.6M |
| Members | 9,664 (2.9% YoY) |
| Full-time staff | 18 |
| Net worth | $21.1M |
| Net worth ratio | 8.5% (p8 of band) |
| ROA (annualized) | 0.73% (p54 of band) |
| Total delinquency | 0.28% (p20 of band) |
| Net charge-offs (annualized) | 0.08% (p12 of band) |
| Loans / shares | 48% (p5 of band) |
| Cash / assets | 16.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.93% (p15 of band) |
| Operating expense / assets | 2.43% (p11 of band) |
| Vehicles % of loans | 17% (p17 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 3% |
| Third-party paper % of net worth | 5% (p25 of band) |
| Vehicle delinquency | 0.34% (p31 of band) |
| Vehicle NCO | 0.15% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 65% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 24% |
| Core shares % of member funds | 56% |
| Certificates % of member funds | 36% |
| Average share balance | $10,625 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $3.8M |
| Loans outstanding per 100 members | 73% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $15,264 |
| Loans granted, annualized | $29.2M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $3.8M outstanding purchased (17.9% of net worth), $0 sold and retained. Sold in 0 and bought in 6 of the last 8 quarters. Shares 7.4% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)

## 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 | 2 | net worth falling |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 1 |  | net worth falling |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | delinquency rising |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 1 |  | delinquency rising |
| 2020-06 | 3 | net worth falling, margin squeeze |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 4 | net worth falling, delinquency rising |  |
| 2021-06 | 2 |  | margin squeeze, net worth falling |
| 2021-09 | 2 |  |  |
| 2021-12 | 1 |  | delinquency rising |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 2 | delinquency rising |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 | leaning on borrowings | delinquency rising |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 3 | net worth falling |  |
| 2024-06 | 2 | delinquency rising | leaning on borrowings, net worth falling |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 1 |  | delinquency rising |
| 2025-09 | 1 |  |  |
| 2025-12 | 2 | net worth falling |  |
| 2026-03 | 1 |  | net worth falling |

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

- 2026-01-10 [Michael F. Ferreer Obituary (2026) - Shrewsbury, MA - Britton-Shrewsbury Funeral Home - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxQYjQ2Z3JJRHZtdmRTRU9HRUVfZkhQQjY1a1pQSzhicHplYzcwTFpjc054VXhkZWwxSWVzc2Y4T29DakJmMFNldTI4UlpBM0t0dm4zSEQ4Sm9ncy1JTV94UHpFWGJMT3BCUXhhVm5KWTRzWUlheXl0SVRtbFdUYnhtVk9TajA?oc=5) · legacy.com
- 2023-06-28 [Shrewsbury credit union elevates HR executive to C-suite - wbjournal.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxQODRHZGVudUk0aUk4VWxWaFpkaFI1SnRfV25jVkJyanF4SlBXRWNSR0pFdHZVMVBJWHZWWlN3R3MyQnZKblVhQ0VLTjdQUlRuSG83M1dyNVBuZU8wLVloY056UFRjU0tXVG1qcjMxMEdmQU9tWC0tMEh6QjdaZll3MHJJWXZUc053UEJzQnFGN1U?oc=5) · wbjournal.com
- 2022-08-10 [Movers & Shakers: Devon Lyon takes over as CEO at Central One Credit Union - MetroWest Daily News](https://news.google.com/rss/articles/CBMi1AFBVV95cUxPVG5kd1ZzN1Y5bTdTaVlSZDVYZlpvUHh1UlhVMEtETkpwU0ZFWkVyRlE0RGxjZUNMbHdqQS0ydE5iUllkQ0hBM2ZnTTRZWjdYeW5YaC1wVEtxV25kdXRPMUZJaWpEaS1YbEZjMHk2VjRkbFc3ZzJ0MUFWTnZaMy1raEpzUnB3eUpNWm03OER1dmtvTWZ4TjN1VXp6cHFob3ZyQ3RVZ2dCMkN6MU11d2hfY0hGczZQSFR2VEcwVVNlLWtTNTFfT1hvaUhJNWthZDEtSXNsYQ?oc=5) · MetroWest Daily News
- 2023-02-06 [Shrewsbury's Central One Federal Credit Union Opens 2023 Scholarships - Patch](https://news.google.com/rss/articles/CBMisAFBVV95cUxNdlhEQVhyWjZTbmhsWGN3WmNpRXd3YzNKYjI2WWRRY3NZaDBrWFZzLUF3N196MUlBQVp6S3dxMElWS2FmRW1hY3BKLXFRdkgxd1NqTkpJM0JhdTZCdmxkdE1oVGwwdVBnM2lIdUZQcmRBUnJtWmlZb3d1aTFUYVVXbUJlTWphQlR4NGZKUE03WXFUVTBpdDBPQVJMVU11V3NGaDBhOFNXcHVrN3dZUzduYQ?oc=5) · Patch
- 2016-10-26 [Shrewsbury Federal Credit Union supports innovation in Shrewsbury schools - communityadvocate.com](https://news.google.com/rss/articles/CBMi-gFBVV95cUxQLUVGRG5aWjVWNVRWdjJRaVJUUHpqTlVWRHgwTEdBRU9OV1ZFcVduNjRhZ0x0NXk3ZWl4SERDbFM5cGpKMFJ2YWZJYXBfREdjVlMtaW9JTjVHU09PeGJ4NVlzSG13djI1YlRRSTRyaXBtTExBbHFEdV9KMUNiQzVqMEJTV1RPQVZFZ2cxdlBsREpGbjV0M1VTT1kwOFNaYWNWVC03T05FLTNPN0lOaEd1RWVNNFFNVWhBRk13VHNxeHRQNUt1YUg2NDlMVjVrZU04cVVMbDRGczNINU1fQmRHY0hyM3JNbW5hcG9fU0Z1WG9lQWRDczc1eWRB?oc=5) · communityadvocate.com
- 2023-05-22 [Phyllis A. Pearson Obituary May 22, 2023 - Joyce Funeral Home](https://news.google.com/rss/articles/CBMia0FVX3lxTE1pSHc3SDFSTk81cUdqUktsbWR5WVMxVUxXb1EzREQ4WWhvRXlpVF9TcU5sNjBqRDBPTUk2aWNpZlZhaDhVOXRaYU1fVkd6ZWw3WVhWRm92bmtTM1NTS0FJSWNEVlByRS1WU0ZF?oc=5) · Joyce Funeral Home
- 2024-02-10 [Matthew R Thibodeau Obituary June 27, 2010 - Mercadante Funeral Home & Chapel](https://news.google.com/rss/articles/CBMiYkFVX3lxTE91UDJhcUt0R2JvenhXbFZzYUcyYWZJU1RMVVhFRXZkc1M5ODNxSGQ1alU0STNGdmluYXhCTHlhVVVDTHJ5dFdRLU90Rk1VUHhrU3RoQ2tkcEI4WnRVZS1zdFNB?oc=5) · Mercadante Funeral Home & Chapel
- 2023-08-12 [Maria (Razzano) Green Obituary - Worcester Telegram](https://news.google.com/rss/articles/CBMiW0FVX3lxTFBYTV90clJoMXBtX3F0LXFPMHNWX3ZvdWtTNFNKRUpKQXdpY2swa2VkSEtCTUh0ME1MOW4xZXhGd0R5cmotQkhEeHFtUkNPY3lodWlseWJkd2ZRaDA?oc=5) · Worcester Telegram

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=13601 (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 "13601", 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=13601
- 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