# NEW YORK STATE EMPLOYEES
NEW YORK, NY · NCUA charter 165 · asset band <$50M · latest filing 2017-09 · stopped filing after 2017-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/new-york-state-employees-165

Who the members are: federal charter, multiple common bond, organized 1935, low-income designated. 1,183 members of 5,000 potential (23.7% of the field); checking penetration 3% (share draft accounts per 100 members); loans per 100 members 23.

**Verdict on the desk:** this could be *too clean*. Composite score 9 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.9M |
| Members | 1,183 (-1.4% YoY) |
| Full-time staff | 2 |
| Net worth | $36,904 |
| Net worth ratio | 1.9% (p0 of band) |
| ROA (annualized) | -9.43% (p0 of band) |
| Total delinquency | 0.00% (p5 of band) |
| Net charge-offs (annualized) | 2.34% (p94 of band) |
| Loans / shares | 66% (p64 of band) |
| Cash / assets | 32.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 9.80% (p100 of band) |
| Operating expense / assets | 18.59% (p100 of band) |
| Vehicles % of loans | 0% (p2 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | – |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | – |
| Vehicle NCO | – |
| Repossessed % of vehicle book | – |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 96% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $1,478 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 23% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $4,539 |
| Loans granted, annualized | $447,969 |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **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`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | expense trap, delinquency 2x band |  |
| 2016-06 | 4 | losing money, charge-offs p90 |  |
| 2016-09 | 5 | net worth falling |  |
| 2016-12 | 5 | thin capital | charge-offs p90 |
| 2017-03 | 9 | capital below 7%, delinquency rising, assets shrinking |  |
| 2017-06 | 10 | charge-offs p90 |  |
| 2017-09 | 9 | loan book shrinking | delinquency 2x band, delinquency rising |

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

- 2024-07-02 [2012-2024 List Of Failed Credit Unions - Bankrate](https://news.google.com/rss/articles/CBMib0FVX3lxTFBqUTBmbUhvaEh6UXpMOERnZTMzUjU2djBQVUVxMHd4UmZFRF84OWFtelZtZXQ3eTF5ZE5fbE5YVTRIUWd2dDVDWjZxZ3F4d3gwRFhMV2FyT21RWXlTLVVoRTE5Z0R1Ql9iMHVmYndZUQ?oc=5) · Bankrate
- 2024-01-31 [Man pleads guilty in $1 billion scheme to dodge money laundering rules in New York - CNBC](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQY2xCTXA3c0VfbzlmVXF6U3J3QmpBeEh2WmZfRlk5SlFYTjZMNzNTOTNnU0F2eklEQWg1a2x4c2RFdzk1MndFdUVuYllTV0Jlb2ZfZ1J6QTBLNmFLeTFRa2ZpUkNkWFEwQVRqcTNKU0hSVUZ6MUpCTHBKcDdtb2ZwZEhEZjQ5elpiclNvWXNtV2VfdndMOU1UVzlQbERyTlV4YnZXZktnbWbSAa4BQVVfeXFMTlVvdFpRZnE5eGxFVUNnejF2Y3hvcGZUejY2QzNRdzZjZnZPbHg2cVJWMnBBNzBWZERYbGxhM2FSTjJycFBqWkZVeTdPUE9FMUZQQjlDQXgyOEN6dDhVb29sVXRfMnFTRlNvTGRRb2VmeGlRLUxGa3ZmNC0wb19pcktHUWhRVUUteGlmOGhkRzd0cVR6Z0lNbUd5X3hGRGE5TnNoZldfY01Ka1hlUTRB?oc=5) · CNBC
- 2021-12-06 [Economic Development Power 75 - City & State New York](https://news.google.com/rss/articles/CBMikgFBVV95cUxOYVZJb0kxZjVWUjdmSXoyZ2N5R1NXZnY4cGhNa1VYZGtDa3BUMGVkWW9HT2Y2QWt0aFBUaHNpOU5aV24tWGhfcHFGWjQ2YU1BVzVSd3d2T0V5SFBVd01EWldsZUdVTnVsNzhFYmZRVUNORVVzZEtOMkgxMjJfQWdEV0MyYVFnYnBJb3otcTZuTEh4UQ?oc=5) · City &amp; State New York
- 2025-12-06 [Bernice Eleanor "DiLeo" Caruso Obituary (1932 - 2025) - Rome, NY - WKTV - legacy.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxNM1BkUHR4R2tzajQtTnYwOFZOOGxfcmtUajVSQ0F6TlVfN2ZKRDRmbXNHbk1fN0ZmdGppRTNvYWxyRXg0V0Vhbk9reUY2Ukxza2liRDJIaUhfd3lGbzJyZlhXamwtMWFZcVFMUUV3bkl6VG05Uk9vVDZMdy1OZHJRY0ZzU0JaS0xTalE?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=165 (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/37.json (key "165", 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=165
- 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