# BERGEN
Wanaque, NJ · NCUA charter 16617 · asset band <$50M · latest filing 2016-09 · stopped filing after 2016-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/bergen-16617

Who the members are: federal charter, service (single sponsor), organized 1965. 568 members of 600 potential (94.7% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 16.

**Verdict on the desk:** this could be *too clean*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $2.5M |
| Members | 568 (– YoY) |
| Full-time staff | 1 |
| Net worth | $292,982 |
| Net worth ratio | 11.8% (p44 of band) |
| ROA (annualized) | -3.18% (p2 of band) |
| Total delinquency | 0.00% (p5 of band) |
| Net charge-offs (annualized) | 8.65% (p99 of band) |
| Loans / shares | 17% (p4 of band) |
| Cash / assets | 13.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.76% (p8 of band) |
| Operating expense / assets | 2.75% (p32 of band) |
| Vehicles % of loans | 42% (p37 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% (p14 of band) |
| Vehicle NCO | 14.35% (p100 of band) |
| Repossessed % of vehicle book | 0.00% (p44 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 58% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $4,271 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 16% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $4,168 |
| Loans granted, annualized | $103,176 |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **charge-offs p90** (`aq_nco_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 3 | delinquency 2x band, charge-offs p90 |  |
| 2016-09 | 3 | net worth falling | delinquency 2x band |

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

- 2026-01-30 [Op-Ed: Community solar can deliver for NJ residents - NJ Spotlight News](https://news.google.com/rss/articles/CBMivwFBVV95cUxNNHZuT09TY0txc19vUGJ2bmlHOVp6NmlZSVJXYVNnbFptSmtyVkdtWGFhRWpUYWlBaHViNl9raF9UMDd6UkVjSE5tTFN2U2FIcWJhZDVMTHVxcmxsUVAwd2h6SFhsaEhCU1M3V1VFQmFTNUU1MGRVaWgxLWNuSWxwTGVCZTEzSU1fVXF6ZUwwSlREcHhJR3RrTHNVWGJ3c25LVTg3ZVRrSGp0dnluNjFnTXE4MmxCTElzN1VBbG1Ycw?oc=5) · NJ Spotlight News
- 2025-11-23 [Obituary for Barry Hayberg - Timothy E. Ryan Home For Funerals](https://news.google.com/rss/articles/CBMiZEFVX3lxTFBoOHFPU09SUTd3TVlEMEh3eWtMX1VtZ0JYVGp1OUJlSlpBdFNHWkpuS0J1RWFwcUwwZzByOTRLQlEzbWFsbEpIUkRLYmxGeXhvakhZVm1iV3NqTVl6YVQzdzNsYXg?oc=5) · Timothy E. Ryan Home For Funerals
- 2026-08-03 [Union County to Study Fire Academy Site for Potential Chemical Contamination - TAPinto](https://news.google.com/rss/articles/CBMi5wFBVV95cUxOcUp5dUV2c2tzcnRNN09yUmNqMU9uSmlNZDNNSnRXTVdCSU04Smw5Z2YzZ3ZrX2VfUGItNTNBSjhxTFRrUm9HZzRRb0pUT3A5ZFFtbWh5c2pXVmxXLU55NXVCVjNlZUstcWxUSTIxVjlWbVRvajNnNkVaVlJzQWUxeHhCM2VIb3gtOWRoR0JDdGFJRWRucWl1RGJHU3pyNURrNklYWmdjZ1hGNzZESC1WUG1iai1NNWhLR0FqNmtldXNleUpIblNRYjNPNGtTWUVBMzAyRzd2cjNFSVZseDAwdXF1b1hJTWc?oc=5) · TAPinto
- 2026-01-14 [Kenneth F Werring Obituary Jan 14, 2026 - altogetherfuneral.com](https://news.google.com/rss/articles/CBMi0AFBVV95cUxOWXNDYVVHX3VmZlBNSFg3eHdrRXBCOG13WFFCaEkyNlNoY09SaDNKcnczaFpYOVM2R1A3ek1PTDZXQkFxa2NpMGR6ZXlVbGdRTEhDM01JTUxDSFc2elQwQU5mYkNLTElyMXFBUkdQNk8wUTNpT0tVUVUwemRZSDB4THhtcWpCSWpoanNPMWRNQ2t1d3o0UHFkOTNZTGFRaFhiZXNTRmxHMVoxemRLWDZ1YV9qc21yM0xsaXFOV1Rvc2I2YUtmak1YeG1rSDE5NVct?oc=5) · altogetherfuneral.com
- 2021-03-31 [Visions Credit Union has longstanding partnership with NJ educators - New Jersey Education Association](https://news.google.com/rss/articles/CBMikwFBVV95cUxOOFdsZ2pQODNRak83ZzZfd0JvMUV5UG5LWVRtcWQ0SHdqdlVGRGlwZG9NNE1zOUFlaF9DSlZudUtodDc3ZzRoQkNRU1Q2RTlCZE8tWUxhdkQ3cW5PZEhILU9heTJ3dG1Sb1NSanpFMmdxeDQwaUhSLTBPeXBxdmhJUXlVR0pxcWNfd2JCaFBaTk00eFU?oc=5) · New Jersey Education Association
- 2026-02-23 [Snow Totals, School Updates For Union County - Patch](https://news.google.com/rss/articles/CBMihgFBVV95cUxPNndJMGxISlo3VDdpRDl0YTRZcEJYWktpVGZBdkd3TmZPcWlvMlhsQ3k3ZDZYSXJCUDAteVFzRkk1enV5ajlLelhMWElMWHlTcFVZM3RUYjFTb1pZREZfWUZfN090OWpFSHU5Z3lXR3lrX1p1ZV9YSF9HMi1lR1R2WF8xWFRIUQ?oc=5) · Patch
- 2023-09-20 [Affinity Federal Credit Union opens Bergen County branch - NJBIZ](https://news.google.com/rss/articles/CBMigAFBVV95cUxPS1FsVW9QVDZxT2pLMEw2dmM5VDF4Wmh0RXEwYS1qZE96eWhfTWxjWnRlQ2VzaklYdDg1Z25DYllXX0lZLTNfVDJ1SGk0TUpfM0Z3SFpDbVgzZ0luaW5TQ25ZWVZpamxCTGVfQnZLTFZ3ejQweWVFR01MY21zUzdjTQ?oc=5) · NJBIZ
- 2026-02-06 [Catherine Sipe Obituary - Secaucus, NJ - Dignity Memorial](https://news.google.com/rss/articles/CBMihAFBVV95cUxNTHJQb3NxX1dPMkZDMkpndDFaQ1JmOVdNOEFIcjhUdWxCQUZMTmU2MTZhNzdQOFlxRXdQc0J2LUhuR0dLQXQySTVYRWJCb0djRC1QeXpXa3hiNHVXZjNzeFppd2ozSUpYQzQyWk45M2VLMnBfUjVPR2xTSDN0aERPWTVJMlY?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=16617 (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/41.json (key "16617", 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=16617
- 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