# WEBSTER
WEBSTER, NY · NCUA charter 16335 · asset band <$50M · latest filing 2020-09 · stopped filing after 2020-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/webster-16335

Who the members are: federal charter, community charter, organized 1964. 2,227 members of 75,000 potential (3.0% of the field); checking penetration 45% (share draft accounts per 100 members); loans per 100 members 60.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $18.1M |
| Members | 2,227 (-4.1% YoY) |
| Full-time staff | 4 |
| Net worth | $1.3M |
| Net worth ratio | 7.0% (p4 of band) |
| ROA (annualized) | -0.19% (p18 of band) |
| Total delinquency | 0.00% (p8 of band) |
| Net charge-offs (annualized) | 0.04% (p36 of band) |
| Loans / shares | 57% (p55 of band) |
| Cash / assets | 18.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.56% (p31 of band) |
| Operating expense / assets | 3.24% (p52 of band) |
| Vehicles % of loans | 42% (p29 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 0.00% (p17 of band) |
| Vehicle NCO | 0.00% (p26 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 42% |
| Credit cards % of loans | 9% |
| Unsecured % of loans | 14% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 99% |
| Certificates % of member funds | 0% |
| Average share balance | $5,031 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 60% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $7,147 |
| Loans granted, annualized | $2.8M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, losing money |  |
| 2016-06 | 1 |  | losing money |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | losing money |  |
| 2017-06 | 5 | capital below 7%, net worth falling |  |
| 2017-09 | 3 | delinquency rising | capital below 7%, net worth falling |
| 2017-12 | 3 |  |  |
| 2018-03 | 4 | net worth falling, members leaving | losing money |
| 2018-06 | 3 |  | members leaving |
| 2018-09 | 1 |  | delinquency rising, net worth falling |
| 2018-12 | 2 | members leaving |  |
| 2019-03 | 1 |  | members leaving |
| 2019-06 | 3 | net worth falling, members leaving |  |
| 2019-09 | 2 |  | net worth falling |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 6 | net worth falling, losing money, margin squeeze, delinquency rising |  |
| 2020-09 | 7 | capital below 7% | delinquency rising |

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

- 2025-12-11 [FLFCU breaks ground on new Webster office - Rochester Business Journal](https://news.google.com/rss/articles/CBMimwFBVV95cUxQU2dXeHhGTkk2cTctaExiTmlBck1aVU9Fc0dPUWktd2x4WUJZaHZVMGZPQjIyam5RbnVOLWV4aWVHRzNGdlpzVTZLZHlTekFWTlNDLWEwYnlyNVozTjBWWlhaZG8tQ2poMm16aTROemt0akdBdTFXN0Q5QXV5QlpvNlVxVm5OdlN6eTFFamZaSHRBZERrcHlVb1M3cw?oc=5) · Rochester Business Journal
- 2026-04-03 [Scammers target ESL customers with fake texts asking to verify accounts - WHEC.com](https://news.google.com/rss/articles/CBMihAJBVV95cUxQNVJ1bDZmWlRCbkRCZmdSdjlteGxScWxtU3BYU3ZLVGtNbXhJZHVjbkRIazNxWVVqZzhfaEZOSmJxYXREQ3o4eVA4UFpCUm9JTlpWYi04RkJ0eWlkeXJwVFdvU3VZLWZka20zMDJZR0hKLVZROWFVMEh5VEVMaDNBenNlWERBQjFEeGtLSlJyenl4WFRFTDh2VC01dDhFS0JqZ0ZJclhTNDlDODVDODNyQlVrd3BxUjNHSXpYS2N4akJXRFRlR1A2WHNqS0xhS0hCV25hX3l3am5RbnR6dXNtTm0xWHM5bldNM2JVbGRTNVg4bjBqUGJxd2p4WmFmaHZiX2NhXw?oc=5) · WHEC.com
- 2026-05-18 [Fraud Ring Allegedly Uses Fake IDs to Steal $1.3 Million From Credit Unions & Banks - CUTimes](https://news.google.com/rss/articles/CBMitwFBVV95cUxOalptaG1aZFFoQnBqZmpIMlN0RXo2S2lxN3pGaks3Y3lPTmRkN2hqdzJjLW9MNGJERExTZ1hYbWlLOEdfdFZ3elM4aDlNUVB1RzY5ZHVDcmdFVlkxSHJTOE9lU1dHTDJMSm9vYWpVR1NMeENnbENSN2lXZ2xzNi1od0o0QXlOb2lwNzhoMjBGLXI4WlJMWXExSDA3dDVvLVJHaTY3QUJ5WHRreEZsMUxURkVLN3ZvNzQ?oc=5) · CUTimes
- 2025-11-03 [2025 ESL homeowner survey: These 3 towns are where people want to live - RochesterFirst](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOc2FhWGJENi1PUlVGTXVHdFJNdXhKTXRkbW56WFpseDRPeUtneHQyN2RWS3laY0VmX2JiYlJNSXpnWjU4NVI0d2lrTjZEcUtNRzBobldXZHRUd3lSMVNyT3FMbmpPQk92QnZJNTlmNXdIZGRDSWJMbEVvM3VvWnQ5alBFMWQ1U3J5MDlseGRTQXVLa2dDQ3FzRVpRaWtXNGhfZXZxdDNDV0tSd9IBrwFBVV95cUxNeFdmYUotRmtzUEhFYWNPekJrT2gzSXZIa3FlMWdvSDFGaFZWbnRxVnBVYURiODctOXp4VkFoZElOaHpadGNJSnZsc2lidnJYV2xEdGRiMTJaNjAwdy1RejlUbVpjWkk4RXNWZzhmR2t1VEh3bGJkNnFfVm1SXzRzS2p1d0RpV1FxZjFvX1VSbTc1cDNmQWY5Sl9BQ3VyYnVQMnpwZ0tjQm5RQkVXcHVN?oc=5) · RochesterFirst
- 2026-03-03 [Webster First promotes Regele to chief loan officer - wbjournal.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxPX2lGOWU2TENLMEVnY0NjdW96WjdWVnRjdnRTR0VWU3IzdnlQdUt1VEFINjhlWXdNdnIteGIyRklxa3JVbDJxX0p4c3MzOUh1c2J2Zl93Xzd4Tk1WWktfX0pxTzdERTZuVTdzVWVBWEgzRzBpVjRNN3h2UEt1YS10X0JvaXJ1STV1Vnc?oc=5) · wbjournal.com
- 2016-09-27 [Arrest in Deadly and Notorious 2003 Xerox Federal Credit Union Robbery - spectrumlocalnews.com](https://news.google.com/rss/articles/CBMitAFBVV95cUxQbHJhT1h4RTJsenRhQnpmMUphQjdvTWZZZUNnWTJ6TWVzNnJvS3JJekRJbEZVbDExa1YzTUg1UTM3OGNpZnFWbUFwZUxIUlBfRHhFV1ZKazBubDQ4U1dhQWF1dW5BYWZCTEZmcnlZVXFReUJ0dFhFbjNGSXFfS1RjZlJfcXFmMk9aT2xQUWpOQkJ1WHEtWDRnNDlPc0NDQm9JRlh3dW5qQ2FwRGEyZGpBeUc4U3I?oc=5) · spectrumlocalnews.com
- 2026-07-31 [Webster First Federal Credit Union Promotes Colleen Carney to Chief Risk Officer - citybiz](https://news.google.com/rss/articles/CBMiuwFBVV95cUxOVEpsMzdORmlEUnc4elBXU3cxMFBoTVdsTW5OS3lmVXdwMjdIUEt6RDJRVVVOaDZKekFKSFZwMkZYZjZZSEFrS0FjYXdqcVRlWjJGYm1BVVlNU09LV2MxdmQ5bTFaWHo5cEppZUx6NW9BVWJ2YW9HemFwc3p5eVFGcXpoNjBVYUxtVllNYTNmSmdlNFdSdnlxcEJkUkZXVm5mWU55YnlWSWE1andjeGVoNmJ0MWhqZTZraWNn?oc=5) · citybiz
- 2019-11-08 [Verdict reached in 2003 Xerox credit union robbery, murder - 13wham.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxNV0NPSHVJUk1RVHgyMjR5Q2pSMUU4aGV0VDJxTGxpUnlMRkt2QWNEWmY4YTVSMUdmSExDa3M0UjJ4NFBnaUpJaEt1ZHJidUxTRUxrTjVqUDVpbV9QR2RZaTlqQTM2NFJpR2c0cGZDeFBnTWJFQWxjd3FpUUxMZVVkQi1teWZIaWJNanlMaHBtV1Y?oc=5) · 13wham.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=16335 (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/15.json (key "16335", 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=16335
- 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