# LEXINGTON MA
LEXINGTON, MA · NCUA charter 14750 · asset band <$50M · latest filing 2025-09 · stopped filing after 2025-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/lexington-ma-14750

Who the members are: federal charter, multiple common bond, organized 1961. 1,139 members of 2,000 potential (57.0% of the field); checking penetration 24% (share draft accounts per 100 members); loans per 100 members 44.

**Verdict on the desk:** this could be *too clean*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $9.3M |
| Members | 1,139 (-1.6% YoY) |
| Full-time staff | 2 |
| Net worth | $701,094 |
| Net worth ratio | 7.5% (p4 of band) |
| ROA (annualized) | -3.10% (p3 of band) |
| Total delinquency | 0.00% (p8 of band) |
| Net charge-offs (annualized) | 1.99% (p93 of band) |
| Loans / shares | 48% (p32 of band) |
| Cash / assets | 50.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.64% (p74 of band) |
| Operating expense / assets | 7.73% (p95 of band) |
| Vehicles % of loans | 72% (p69 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p15 of band) |
| Vehicle NCO | 0.00% (p24 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 7% |
| Credit cards % of loans | 7% |
| Unsecured % of loans | 17% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 99% |
| Certificates % of member funds | 1% |
| Average share balance | $6,358 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 44% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $8,355 |
| Loans granted, annualized | $650,755 |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 0 |  | losing money |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 2 | net worth falling, delinquency rising |  |
| 2017-09 | 2 | losing money | delinquency rising |
| 2017-12 | 2 |  |  |
| 2018-03 | 1 |  | losing money |
| 2018-06 | 0 |  | net worth falling |
| 2018-09 | 1 | delinquency rising |  |
| 2018-12 | 2 | assets shrinking |  |
| 2019-03 | 1 |  | delinquency rising |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | assets shrinking |
| 2020-03 | 1 | delinquency rising |  |
| 2020-06 | 2 | net worth falling |  |
| 2020-09 | 3 | loan book shrinking, auto monoline | delinquency rising |
| 2020-12 | 4 | margin squeeze |  |
| 2021-03 | 5 | losing money |  |
| 2021-06 | 6 | delinquency rising |  |
| 2021-09 | 5 | members leaving | loan book shrinking, delinquency rising |
| 2021-12 | 5 | delinquency rising | members leaving |
| 2022-03 | 5 | members leaving | delinquency rising |
| 2022-06 | 5 | thin capital | members leaving |
| 2022-09 | 5 | delinquency rising, members leaving | net worth falling, thin capital |
| 2022-12 | 4 | thin capital | margin squeeze, members leaving |
| 2023-03 | 3 |  | thin capital |
| 2023-06 | 2 | assets shrinking | losing money, delinquency rising |
| 2023-09 | 2 |  |  |
| 2023-12 | 4 | margin squeeze, delinquency rising |  |
| 2024-03 | 4 | losing money | margin squeeze |
| 2024-06 | 2 |  | delinquency rising, losing money |
| 2024-09 | 6 | net worth falling, losing money, delinquency rising, members leaving |  |
| 2024-12 | 6 | delinquency 2x band, loan book shrinking | assets shrinking, members leaving |
| 2025-03 | 5 | assets shrinking | losing money, delinquency rising |
| 2025-06 | 8 | thin capital, losing money, delinquency rising, charge-offs p90 | delinquency 2x band |
| 2025-09 | 8 | expense trap | delinquency rising |

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

- 2025-07-31 [James Clifton Larson Obituary Jul 31, 2025 - Tighe Hamilton Regional Funeral Home](https://news.google.com/rss/articles/CBMiY0FVX3lxTE5LdXVHMmRoemZEeFFhUmZ6OXpmMXRLOUJGTm1Ba3dZQnJaMFMxa1N1LU1SSTFnYzNYVjVubUJPRjhhRnBCLUdPTGs4MjhfMkc4LTZzeGRGTGRlaGpla2k0QjlaRQ?oc=5) · Tighe Hamilton Regional Funeral Home
- 2019-05-16 [Cormac McCarthy named Executive Vice President and Chief Lending Officer at People's Credit Union - What's Up Newp](https://news.google.com/rss/articles/CBMiyAFBVV95cUxQS2xUek5OX0FHQ0NUVTB5aDRhWnRCbVFSQlh5ZzAyaW03Y2Zhb2F2dk5obHB5VHNZMHdNbmlRaFZZM3pZOW9jeld5N0NxT1ZMRXpWR0VUQUlIUkx6LWQySkVGWmR6TnVyM0ZJZmNsNGRvanZEc0hES2ppZWQxN3c4aDZoN2RuWEpIZ0dRRHJSWGh5YUlYUVhjSFE5X0FSekNXeXh1dXE4ZUpGbHJXLUpCRGhBbmpkbVA0VWFJanlJUWk1a2xJdnJQVw?oc=5) · What's Up Newp
- 2022-08-30 [Waltham Credit Union Awards $10K In College Scholarships - Patch](https://news.google.com/rss/articles/CBMilwFBVV95cUxOMmJzclZJczN1N0NHZW1JS3g2eVk5U0J3RnB2YXVDTXozU1lZQmt0aHpWSUxBLW5iak1aUlJOUWFnNmh3ZENmcDZpUGdOZ3VQZnVnY0dSMjhqMUVKaXM0bHd2UDd3RVVQWkpmX0RudjRCTEp2ZjVHdFBrTnUzNXVHci1Nd0lWaVZoczJaanlfZTR5SE9fV0cw?oc=5) · Patch
- 2021-01-17 [Patricia Mary Mccarthy Obituary Jan 17, 2021 - Walker's Funeral Home](https://news.google.com/rss/articles/CBMidEFVX3lxTE9fMVBLT2ktVldrbXpXb2ZQQVV2bWFFdWVfajZobEtiRHNMYlJ5ZUYtTHhacGp4bFBXOURDekx4TWRLX2Zyd3lMcV9fV1VHdnkzTUxCd2xuM184LVpWZW9fOHg5aDdsNHV6NE1tUWV2V2tidFhZ?oc=5) · Walker's Funeral Home
- 2022-06-15 [Waltham’s RTN Credit Union Member Wins College Scholarship Contest - Patch](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQci1PZUVIT3JVRVhMOHV5am8tYXlVdG9rMkRwR1B5NmVnOWJWXzlndllJTG5fRk9kS1NqZ1BUdGZwRmZramhja01ENnE5TmtLajFLdUFUempZYWZqaHZrOTM2aTBHUlNkNmVQV3VVVVBHcFhoWkdlWmJfX0lFMGNoSEdkb2lmWUlFN0F2aEdHdWk4RDMzTkxfM0tIWFJycWIwTTVjLXdMdkZIQQ?oc=5) · Patch
- 2018-07-27 [Anthony L. Catalano - CurrentObituary.com](https://news.google.com/rss/articles/CBMiVkFVX3lxTFBQcmJOSEhXLW1HV0ZkWmZnNDF5QmhfMzc2QlBaUnhEbzlVTmNUc1JRbkR3MHFCUEpweHRGS2ZmNWNvM0tWTkREYnp1TXh5YjdKUHFXNEF3?oc=5) · CurrentObituary.com
- 2024-04-27 [James P. O'Shaughnessy - legacy.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxQRlBoVndKRjhGU1ZVLTFuT0VuT2VMeElmdy11YjltM1hmS3E0d0hnd2NvS1RMdzB1SHp1THVsRF9KOHl1OUtZV0llTDFhOHpWeGtKeHd0TEZxYTh5STFyXzg0anNkNWNIWEd3LTFlRUtyRjRZYUxoUkxDZjgzaFJNeTg3OEhpa2NrZzhKeFhfSDBkZGl2WGV0cA?oc=5) · legacy.com
- 2022-10-13 [Chelmsford Scholarship Committee Receives Grant From Credit Union - Patch](https://news.google.com/rss/articles/CBMipgFBVV95cUxNYUE1dWlkRzk0d19sMzhVbzRwX19PS21kc29qQVY2NWpzQjB3RkpWNjBFUEVoWVJnaEdYVjFRRDJpY1B4eXpuTmxISzFyS1Fkd0ZMSmVIR3ZsVV9mLWlVZl9XNGxad2YyMHBNdXBtTW54MEdOclBDeXNvQjJhZTJIYnhoUmp6OXRnbExtZndhNVFLdEdEWldnWkhjNE0zZ3hRUm04SVJn?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=14750 (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/30.json (key "14750", 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=14750
- 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