# MANCHESTER MUNICIPAL
Manchester, CT · NCUA charter 13602 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/manchester-municipal-13602

Who the members are: federal charter, government (single sponsor), organized 1960. 2,224 members of 2,500 potential (89.0% of the field); checking penetration 60% (share draft accounts per 100 members); loans per 100 members 67.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $39.6M |
| Members | 2,224 (1.5% YoY) |
| Full-time staff | 5 |
| Net worth | $3.6M |
| Net worth ratio | 9.1% (p11 of band) |
| ROA (annualized) | 0.64% (p53 of band) |
| Total delinquency | 0.34% (p38 of band) |
| Net charge-offs (annualized) | 0.05% (p55 of band) |
| Loans / shares | 66% (p62 of band) |
| Cash / assets | 4.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.08% (p21 of band) |
| Operating expense / assets | 2.76% (p26 of band) |
| Vehicles % of loans | 34% (p21 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.28% (p43 of band) |
| Vehicle NCO | 0.14% (p73 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 44% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 13% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 55% |
| Certificates % of member funds | 38% |
| Average share balance | $8,173 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 67% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $15,841 |
| Loans granted, annualized | $7.5M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **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 | 0 |  |  |
| 2017-06 | 2 | net worth falling, delinquency rising |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 1 |  | net worth falling |
| 2018-03 | 0 |  | delinquency rising |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | net worth falling |  |
| 2019-09 | 0 |  | net worth falling |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | net worth falling |  |
| 2020-06 | 2 | delinquency rising |  |
| 2020-09 | 3 | thin capital |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 2 |  | delinquency rising |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 | delinquency rising | net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 |  | delinquency rising |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 2 | net worth falling |  |
| 2024-06 | 2 | delinquency rising | net worth falling |
| 2024-09 | 1 |  | delinquency rising |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 0 |  | thin capital |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | delinquency rising |  |
| 2026-03 | 2 | net worth falling |  |

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

- 2020-08-29 [Lori Herrick - americanbanker.com](https://news.google.com/rss/articles/CBMiX0FVX3lxTE1iOFlXa1JlcEdBRldqUklQTHRkS3ljS2xmWGZKSGh2WnAwd1pINWRScFpqSHMzNHFEcjdQb2FVSC1kWGVuX0VvRl9rcEk5Sm5iUzBjcFNLVHc2aGpnelZJ?oc=5) · americanbanker.com
- 2025-10-17 [Manchester Election 2025 Voter Guide: Candidates, Polling Places - Patch](https://news.google.com/rss/articles/CBMipgFBVV95cUxPbVNrMlVTUVVqUmZGMjBDTXNTSUtwakNjeDV5T3Q3V2w5ZHZ4NzNDOTRkNFFUZ01iUVM5TWJuWkFJeURkV0swUm1YeXJDSTA5OE1qMTA1Q3VyS0NJSUlzNl9iRXFTUlpCRDJ6N19wVF9EejRac1NkSTN3d2tDQnJ1OU1Tck1zS0ZrVjlrRzItMThjZkp6SUJ3RVhrN3RDeFhFWkI1SnZn?oc=5) · Patch
- 2026-06-04 [Joseph Jon Blair Obituary (1997 - 2026) - Manchester, CT - WFSB - legacy.com](https://news.google.com/rss/articles/CBMihwFBVV95cUxNZ1IxUl81MUlpTHlOSDJ6Zm5vNzlndlNyV0ZaZzhmVGJFUW5CQkZzelJ2ekk5WE5SZEhHUldmaVBxYVM3YlEzYWVBSnZqcFp5LUx1LXBia0JkTWlPSEQwMnFjWFJZUzE2Q0ZOMERTVGxrb0V0ZzI3eUFtTmZ6QnlkczJ6QXJVVFk?oc=5) · legacy.com
- 2024-06-10 [Raymond DEMERS Obituary - Hartford Courant](https://news.google.com/rss/articles/CBMidEFVX3lxTE5uQ0ltWEMzbEZnbE1mYmM1N09QNDA4aVVjZW5WUU16ZW5rZU9adzJ1dE15dkhRbFBRWTh3WkY5S3VmRUE3MXlkbDRoTGd0cEY1N0k1UWFvMGNjSURzSEJkV0pZVGVrRlJMb0U5OFd2R0NlRklq?oc=5) · Hartford Courant
- 2024-12-16 [2024 Holiday Hours Posted For Manchester Municipal Facilities - Patch](https://news.google.com/rss/articles/CBMinwFBVV95cUxQV29Vd0IxQnJSMVhZX2hfMmhXcXp2eWFDZ2xYSlVFWUpUS2xBT0pYNWRwdUw4bEc4OUNtMlBBNHFiZmhpTlBXbGJGbEhUeEJDRW11aE9VV19VUGdNd3NPand0TzlmWncyQ09pRWY2OERwcnBObEYyNXA3MXFCQXRNWkRpd0t4SEJuemlWRmVHYjZZUnhSV0JTUUV6WUJuRjA?oc=5) · Patch
- 2023-03-26 [Municipal Good Friday Schedule Posted In Manchester - Patch](https://news.google.com/rss/articles/CBMikwFBVV95cUxQQTZsUGNDOGplNFFxdTFzUnVKNHlVSktiZjhycjFNOEdsVzU3MS1iZnNVc25qN1JiWThaYU1yUEJwQ0hneUQ4U2NDeF9TTG5Vb2dUZWpRS0oxcDJRUVBRSnUyaDRRWTBMX3U1WjMtRXByeHdsNER3V1dDbEY3cHEwOV9ZbHEzR3pmNVFZOG5xXzc4c2s?oc=5) · Patch
- 2025-11-05 [Municipal Election 2025: Manchester Ballot Question Results - Patch](https://news.google.com/rss/articles/CBMioAFBVV95cUxPenZ4XzlkbW9TbUZQMGphOTVRR0MtTFI1SGtkMlllRXhYekNOUkQ0TktTN2YwRTBGWjBDX2luenl6WXdWZXAzR2Y0TjZrNDZWN28zajdpTkx5RU1DQnNaWDV6TlFEOGRGMFB3NXQyLUtXS3pnbS05dmhFLS1IRmdBaFhyWGFRVlo1SzNLUk9IMjdKMFF6QVFYWEc2Zm1yTElJ?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=13602 (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/34.json (key "13602", 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=13602
- 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