# EQUITABLE
AKRON, OH · NCUA charter 1649 · asset band <$50M · latest filing 2021-12 · stopped filing after 2021-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/equitable-1649

Who the members are: federal charter, community charter, organized 1936, low-income designated. 1,250 members of 200,000 potential (0.6% of the field); checking penetration 14% (share draft accounts per 100 members); loans per 100 members 48.

**Verdict on the desk:** this could be *stressed*. 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 | $5.7M |
| Members | 1,250 (-8.0% YoY) |
| Full-time staff | 2 |
| Net worth | $1.1M |
| Net worth ratio | 18.4% (p81 of band) |
| ROA (annualized) | 0.06% (p35 of band) |
| Total delinquency | 0.19% (p36 of band) |
| Net charge-offs (annualized) | 0.79% (p89 of band) |
| Loans / shares | 48% (p50 of band) |
| Cash / assets | 17.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.03% (p92 of band) |
| Operating expense / assets | 5.12% (p91 of band) |
| Vehicles % of loans | 62% (p55 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p46 of band) |
| Vehicle delinquency | 0.00% (p19 of band) |
| Vehicle NCO | 0.75% (p89 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 22% |
| Unsecured % of loans | 26% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 85% |
| Certificates % of member funds | 1% |
| Average share balance | $3,143 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 48% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $3,691 |
| Loans granted, annualized | $543,749 |

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, charge-offs p90 |  |
| 2016-06 | 3 | delinquency 2x band |  |
| 2016-09 | 4 | net worth falling |  |
| 2016-12 | 3 |  | delinquency 2x band |
| 2017-03 | 7 | margin squeeze, assets shrinking, members leaving, loan book shrinking |  |
| 2017-06 | 8 | delinquency 2x band |  |
| 2017-09 | 5 |  | net worth falling, margin squeeze, delinquency 2x band |
| 2017-12 | 6 | delinquency rising |  |
| 2018-03 | 6 | net worth falling | delinquency rising |
| 2018-06 | 6 |  |  |
| 2018-09 | 3 |  | charge-offs p90, loan book shrinking, net worth falling |
| 2018-12 | 4 | charge-offs p90 |  |
| 2019-03 | 3 | auto monoline | losing money, charge-offs p90 |
| 2019-06 | 4 | delinquency rising |  |
| 2019-09 | 2 |  | assets shrinking, delinquency rising |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | delinquency rising |  |
| 2020-06 | 5 | delinquency 2x band, charge-offs p90 |  |
| 2020-09 | 3 |  | delinquency 2x band, charge-offs p90 |
| 2020-12 | 4 | charge-offs p90, loan book shrinking | delinquency rising |
| 2021-03 | 5 | margin squeeze, repo signal | charge-offs p90 |
| 2021-06 | 4 |  | repo signal |
| 2021-09 | 4 |  |  |
| 2021-12 | 7 | expense trap, delinquency rising, assets shrinking |  |

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

- 2026-06-25 [For credit unions, reconciliation is a true partnership - thecanadianpressnews.ca](https://news.google.com/rss/articles/CBMi7wFBVV95cUxOc2ZLNFFla2NZYzYwbG1NYnZQQTNQUGRjT3FIRlRFcUwtNGZQZEI1ZW5MT2N5d3pPRFdCMnd0aFpQYThJYjdIN3lPa2ZEeHdfVm5COXlNRXFmWVk4VEpvV1c3UUFyMmE0TllzN0Zyb282QjJqNVR0aG5nLWdXUWxUbjI1REpJWWl5OHdmNW12WGJZNEZHUzZIa0tXcWhVOVVXZnlYdUNDZEptTzhwZFNMdmlnTS1ETy1DUnZIQkVjMVdPVFVUcllEaUJ6ZzRqT210MjBQTXBTUU5hdFd2LWg2RlFXNTd3bEdYYTBmSGhRWQ?oc=5) · thecanadianpressnews.ca
- 2024-05-29 [Seattle Credit Union Selects Upstart for Personal Lending - Business Wire](https://news.google.com/rss/articles/CBMitAFBVV95cUxOVW9aWW00R0duTExqbVRielcwSXZZWHJ5WWc4ZlRRbFpMdEFUa1Q3YnNibVhoMXlDNGdwTWp4aUlzVnNmVWxJT093Z255ZjFkUkNVYlVrc18yZi1Uc0U0aXRVTTh1VUlKd3A4MjY3UGxTT240ZlAwS3o4YmhQdzYtRzd6cERNSVRjZ2o1Z1JTcjcxQnhyNzRRblhWUXNHemVSbGlqVFJ6RlU5eHQ1MGQtX194SnQ?oc=5) · Business Wire
- 2021-02-22 [How to ensure electric cars aren’t just for rich people - grist.org](https://news.google.com/rss/articles/CBMib0FVX3lxTFBaNVlyb2Fvd0NfdXRiMUh0V0Q4ODJoQjhXRFB1N3R0anI0VEh1NUpCSkJQOS1oNjdXTWgtZ2p1SkFscTJvbUdNejFkOUl4S2VDYm9ld1RaZ0tXcm1UUS0xVVFrOFZNZGx2U21rX3JOcw?oc=5) · grist.org
- 2018-01-02 [Georgia’s Own Credit Union Will Soon Put Its Name Atop The Equitable Building - WhatNow](https://news.google.com/rss/articles/CBMifEFVX3lxTE5IUHp5cmRTNGpfYTBHZ3VUMDhaZnR4Q1R1TkprbDlfbkstNW9FTEtvSFJjUFdoM1R3aGJ3S0poYUpLNmVFU3ZLQm1nN0NlbjlrcHdJaGFzRlZxbnp0NWl2MzBsVXNXSmtUS2dEVVNiOTFNTmVTbjJ3Qko0d2Q?oc=5) · WhatNow
- 2020-11-22 [Marvin Wolfson Obituary (1928 - 2020) - Akron, OH - Akron Beacon Journal - legacy.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPVHUyMWZfTHItdkVpZXdqc0VOUG9Ia3d0WS1zdnVPVDctZXpJOE1PQ1FVcW1JejRIQkQ5UTdyRG1vQ1NKZ2RNeF9tS2JxTkl5TmdTbmkzWV8xNk9oTmZ0Y2N6QmZOQy1pUjQzXy1oczB0RG1kMnE1Y2FWTnBPcmdkUXFzYjdZUXhx?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1649 (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/49.json (key "1649", 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=1649
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide