# WIT
Rochester, NY · NCUA charter 14836 · asset band <$50M · latest filing 2022-06 · stopped filing after 2022-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/wit-14836

Who the members are: federal charter, multiple common bond, organized 1962, low-income designated. 3,823 members of 16,000 potential (23.9% of the field); checking penetration 32% (share draft accounts per 100 members); loans per 100 members 43.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $24.3M |
| Members | 3,823 (-1.3% YoY) |
| Full-time staff | 10 |
| Net worth | $2.6M |
| Net worth ratio | 10.6% (p38 of band) |
| ROA (annualized) | 0.79% (p84 of band) |
| Total delinquency | 0.29% (p41 of band) |
| Net charge-offs (annualized) | -0.13% (p9 of band) |
| Loans / shares | 92% (p95 of band) |
| Cash / assets | 15.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.18% (p93 of band) |
| Operating expense / assets | 4.52% (p87 of band) |
| Vehicles % of loans | 27% (p16 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 116% |
| Third-party paper % of net worth | 239% (p99 of band) |
| Vehicle delinquency | 0.55% (p58 of band) |
| Vehicle NCO | 0.38% (p85 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 36% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 59% |
| Certificates % of member funds | 15% |
| Average share balance | $3,593 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 43% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $12,169 |
| Loans granted, annualized | $8.5M |

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | net worth falling |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | thin capital, losing money |  |
| 2017-06 | 1 |  | net worth falling, thin capital |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | net worth falling |  |
| 2018-06 | 1 |  | losing money |
| 2018-09 | 0 |  | net worth falling |
| 2018-12 | 1 | loans>95% of shares |  |
| 2019-03 | 0 |  | loans>95% of shares |
| 2019-06 | 1 | net worth falling |  |
| 2019-09 | 2 | loans>95% of shares, 3rd-party paper>100% NW | net worth falling |
| 2019-12 | 0 |  | loans>95% of shares, 3rd-party paper>100% NW |
| 2020-03 | 2 | delinquency rising, 3rd-party paper>100% NW |  |
| 2020-06 | 2 | members leaving | delinquency rising |
| 2020-09 | 2 |  |  |
| 2020-12 | 3 | margin squeeze |  |
| 2021-03 | 4 | net worth falling |  |
| 2021-06 | 1 |  | members leaving, margin squeeze, net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 3 | delinquency 2x band, delinquency rising |  |
| 2022-03 | 1 |  | delinquency 2x band, delinquency rising |
| 2022-06 | 1 |  |  |

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

- 2026-04-27 [Ascend Federal Credit Union plans merger creating $7B organization - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxPR2prZVg0ZWNXY280MEI4Wk1XRlVNcHV2b3pxaHllLXh1X1I4U3RJVGlfWEc5MU5sNGUycWtkVVVYZ3ZSR3ljQjgtN2hIWXJydGdtWFpkVU8waEdSVlYwLWJqcW5sUmItS0d2QzJNamNqUjFjWktaYmJGenlPTFA2S2xRZFJiV0piNzJXQTV3R2c2NWFva0ZDVHJ3Nl9aRXNpWmVoLQ?oc=5) · The Business Journals
- 2026-07-06 [What to Expect from Summer Walker: Still Finally Over It Tour Setlist - Ticketmaster Blog](https://news.google.com/rss/articles/CBMiYkFVX3lxTE82elJ6WXpMN29lUkphdm1SWF9QWnpLQlpIR1hYZ1U5SVJWdDVUYmMwYTJERUVFWDFTay1PdzEwRk96ZVBqWkgtb2RkaGpkWUtOWFZXLWxNQnVnNTM0cngyVDN3?oc=5) · Ticketmaster Blog
- 2026-02-03 [A Boogie Wit Da Hoodie’s Better Off Alone Tour: Global Tour Dates - hypebot.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxNcGY0ckpEZFFrNUhtUTRUVE5wMDE5dk83X2IzSjZ5c1dudE1WaGJUSUltWkpuRVNndHZGUkpMUEdwQkE4bHVrU1dxMzNuYk9TeldYdU0tN0s3R1NES01Kdmk5ekktd1lrd1B1d2h6Nk9NclB1bjU3SUhHWEtrUVJLVldvTFg2NWhqblJhdmZUUWNEQQ?oc=5) · hypebot.com
- 2024-04-24 [Rapper A Boogie Wit da Hoodie was a big hit at Brookfest - sbstatesman.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxOYnZjYi1mTEJ3VUlDRDVoMmpfc1VQQ2NMbWNpSjNlcGtTWDY5dklZWHhzRzlVdXdtSUtCSk0xcGNtSTRya3l3cGFQMzVsWnFZdmpIQ0pQd2dnT01FN05yd0QyQ3NobGtlbjU1TnpXRVRpOUZnTFhCS3pCWnhhclFUWUhqNkFqY1pMVWZGVVBQSkNUVnNkbThVdQ?oc=5) · sbstatesman.com
- 2025-04-19 [Harry Craig Miller Obituary Feb 10, 2025 - Bangs Funeral Home](https://news.google.com/rss/articles/CBMib0FVX3lxTE9iZTRyRnRaSEZKeGc5OEZGZkQ5ZEpGM1MzT09rbGRMMGJXYUM5WE5GYjdWM3FNRlVlRXBQVWlVMVdoTm4wdUp6OU10eXh2VzllekdkTmw5aGhTdktLQjVRSVdBcU1OcHk1VWlJNl85QQ?oc=5) · Bangs Funeral Home
- 2025-06-06 [Scott W. Pavlick Obituary - Press & Sun-Bulletin - Press & Sun-Bulletin](https://news.google.com/rss/articles/CBMiYkFVX3lxTE5XWURJems5UHFzYnVsY2VlZkp6dGxRQllYR244bnpfLTB3TW16WXRTc1plNDJyY0lPdXE5OGVJeU1VY3hMcVU4WmFveWNReExfT1NiazJMMjRKVjcyRU5PdmFn?oc=5) · Press &amp; Sun-Bulletin
- 2019-06-07 [New Rochelle Senior Wins Credit Union Scholarship​ - Patch](https://news.google.com/rss/articles/CBMikgFBVV95cUxPOE1ndEZCYUhuYkVLY3hJbjB2Y2pHVUg0XzlFaTFDVnJtNnNkWVQtX3FWSXA5dGhEY1o1Z0YyTHAtMDFrWjN6c1hZdndkckNSZ1dkM1dsRnJZOHpaTkI4R29KT3lSUzgwdmg1cmcza1FrVnpmcjhzTDBsdWFQdzdQc2k3Ri1kUHplbU5FbFBnYktVUQ?oc=5) · Patch
- 2022-11-26 [Peter H. Scheibe Obituary (2022) - Syracuse, NY - Syracuse.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxQalVOeWZfMU13d1NtcV9ZSVF6STVsZ19yUHk3UVF6WDAwYTY0b1IxaVR0OFp4NkcwamNRaTE1LVBnZGUwQy12R0tXVE9GSnJRYUFpaWJ6RDhGLU81MmNtNWF0elZKamlxWnRCeWJmZzA1eVJ1d1FOVlpla1Uzb1Y2U3haa3lWR2d6SS1ocnBhNWNWRV9HS0E?oc=5) · Syracuse.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=14836 (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/52.json (key "14836", 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=14836
- 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