# LEOMINSTER EMPLOYEES
LEOMINSTER, MA · NCUA charter 1461 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/leominster-employees-1461

Who the members are: federal charter, multiple common bond, organized 1936. 1,696 members of 3,000 potential (56.5% of the field); checking penetration 48% (share draft accounts per 100 members); loans per 100 members 34.

**Verdict on the desk:** this could be *quiet fade*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $29.3M |
| Members | 1,696 (-4.9% YoY) |
| Full-time staff | 4 |
| Net worth | $3.3M |
| Net worth ratio | 11.2% (p24 of band) |
| ROA (annualized) | 0.94% (p67 of band) |
| Total delinquency | 0.28% (p35 of band) |
| Net charge-offs (annualized) | -0.01% (p21 of band) |
| Loans / shares | 54% (p45 of band) |
| Cash / assets | 51.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.15% (p23 of band) |
| Operating expense / assets | 2.41% (p18 of band) |
| Vehicles % of loans | 38% (p25 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.63% (p56 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 54% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 57% |
| Certificates % of member funds | 40% |
| Average share balance | $7,916 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 34% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $23,841 |
| Loans granted, annualized | $2.9M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | delinquency 2x band |
| 2017-03 | 1 | delinquency 2x band |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | members leaving |  |
| 2018-03 | 1 |  | delinquency 2x band |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | delinquency 2x band, assets shrinking | members leaving |
| 2018-12 | 0 |  | delinquency 2x band, assets shrinking |
| 2019-03 | 1 | net worth falling |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 0 |  | net worth falling |
| 2019-12 | 1 | members leaving |  |
| 2020-03 | 0 |  | members leaving |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 2 | margin squeeze |  |
| 2021-06 | 1 | charge-offs p90 | net worth falling, margin squeeze |
| 2021-09 | 1 | delinquency rising | charge-offs p90 |
| 2021-12 | 1 |  |  |
| 2022-03 | 0 |  | delinquency rising |
| 2022-06 | 1 | net worth falling |  |
| 2022-09 | 0 |  | net worth falling |
| 2022-12 | 0 |  |  |
| 2023-03 | 2 | delinquency 2x band, delinquency rising |  |
| 2023-06 | 1 |  | delinquency 2x band |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 0 |  | delinquency rising |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | delinquency rising |  |
| 2026-03 | 3 | net worth falling, members leaving |  |

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

- 2024-05-30 [Aldrich Cousins Obituary - MA - Sentinel and Enterprise](https://news.google.com/rss/articles/CBMiekFVX3lxTE03d0ItZ3hFTVpGR1JUa1Rzem0yU3RPYk1aQVcxc1Y0b1ZYaXdqRTVGc21yem5BNEF3cHEyUGlQcHN4VkxFcGhfa3VVaDc1ZTEtWjNGbEhNYnAxWjFPdFZ4cEV6RDV2Y0djNl9NVkFBZzlMNy1qaHR3ZGJR?oc=5) · Sentinel and Enterprise
- 2010-11-21 [Gary and Tina Ranno of Leominster recently celebrated their 25th wedding anniversary, gathering together with over 70 family members and close friends to renew their vows at Village By the Sea in Wells, Maine. - Sentinel and Enterprise](https://news.google.com/rss/articles/CBMiX0FVX3lxTFB1ZFZVUy1Sb3RhSlAzYXhhRVRNU05Rd3VYa3l0YkVnRGRlT3A5UWhpQjYtZHZDLWJxNGdsSUdYWUxlUFRrRzAtM0VwNFN3ZmpCMmItS2hfODI0YTNnRklV?oc=5) · Sentinel and Enterprise

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1461 (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/53.json (key "1461", 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=1461
- 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