# HEALTH ALLIANCE
SOMERVILLE, MA · NCUA charter 17679 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/health-alliance-17679

Who the members are: federal charter, service (single sponsor), organized 1966, low-income designated. 1,239 members of 4,000 potential (31.0% of the field); checking penetration 3% (share draft accounts per 100 members); loans per 100 members 35.

**Verdict on the desk:** this could be *fortress*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $6.1M |
| Members | 1,239 (2.3% YoY) |
| Full-time staff | 2 |
| Net worth | $933,826 |
| Net worth ratio | 15.4% (p54 of band) |
| ROA (annualized) | 2.01% (p93 of band) |
| Total delinquency | 1.11% (p64 of band) |
| Net charge-offs (annualized) | 0.57% (p77 of band) |
| Loans / shares | 78% (p80 of band) |
| Cash / assets | 34.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 6.24% (p96 of band) |
| Operating expense / assets | 4.16% (p63 of band) |
| Vehicles % of loans | 49% (p34 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p16 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.81% (p99 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 51% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 76% |
| Certificates % of member funds | 24% |
| Average share balance | $3,619 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 35% |
| Loans granted per 100 members, annualized | 17% |
| Average loan balance | $9,120 |
| Loans granted, annualized | $1.5M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **repo signal** (`aq_repo`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 0 |  | auto monoline |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | net worth falling |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | delinquency rising |  |
| 2017-09 | 1 |  | net worth falling |
| 2017-12 | 1 | auto monoline | delinquency rising |
| 2018-03 | 2 | delinquency rising |  |
| 2018-06 | 2 | net worth falling | delinquency rising |
| 2018-09 | 0 |  | auto monoline, net worth falling |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | delinquency rising |  |
| 2019-09 | 0 |  | delinquency rising |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | auto monoline |  |
| 2020-09 | 5 | net worth falling, margin squeeze, delinquency 2x band, delinquency rising |  |
| 2020-12 | 4 |  | delinquency 2x band |
| 2021-03 | 5 | thin capital, charge-offs p90 | delinquency rising |
| 2021-06 | 4 |  | charge-offs p90 |
| 2021-09 | 3 | delinquency 2x band | net worth falling, margin squeeze |
| 2021-12 | 2 |  | delinquency 2x band |
| 2022-03 | 4 | net worth falling, delinquency rising |  |
| 2022-06 | 5 | delinquency 2x band |  |
| 2022-09 | 4 |  | net worth falling |
| 2022-12 | 1 |  | thin capital, delinquency rising, delinquency 2x band |
| 2023-03 | 1 |  |  |
| 2023-06 | 2 | assets shrinking |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 3 | delinquency 2x band, delinquency rising | auto monoline |
| 2024-06 | 1 |  | delinquency 2x band, delinquency rising |
| 2024-09 | 0 |  | assets shrinking |
| 2024-12 | 2 | delinquency 2x band, delinquency rising |  |
| 2025-03 | 1 | members leaving | delinquency 2x band, delinquency rising |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 3 | delinquency 2x band, repo signal |  |
| 2026-03 | 2 | delinquency rising | members leaving, delinquency 2x band |

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

- 2021-03-09 [IC Federal’s new CEO leans into outsider status | Credit Union Journal - americanbanker.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxPaUcyUk8zeHBHQ1BOQldKSWZuUG5iVlIxVVU1bENPT0hOSkk3ckJHVjgzXzBmWDU2UHJfQ0FxM3ZBVE1vUVZJZTVnc05NN2NhRVMwQzBIeFJfQUw1QVNnbzFOMklpMzNVU3NpYi13OFhEYzVOV3hibjBrYnpRV1hWalZ1SkpIM2VtTmNZQ1YzaUs1d21hVkd0MlhnMA?oc=5) · americanbanker.com
- 2024-12-18 [Christine Macias – Arizona Financial Credit Union - Blueprint Magazine](https://news.google.com/rss/articles/CBMijAFBVV95cUxNU1lwZUdrQl8tMV84X2xnTnE2T01BVUZXdjNIMkFkX1puOVd1Y2c0LUxuWGV3N0hGWmh3SGY4SkJoNnpjbXFRNWhoa1prU0dpQlF1b29BTUlmc25Ydm9JY3FUOEI1Q1V1LUhFeWRCU0liQThDNm8wU1hwaC1wMW94OHFIeGNVckw1VzhCUw?oc=5) · Blueprint Magazine
- 2024-06-04 [Rosemary Wayrynen Obituary - MA - Sentinel and Enterprise](https://news.google.com/rss/articles/CBMifEFVX3lxTE44cTR2enVvd2I0Nmlzc2dvYTQ2TFZtZjRybW9MNklKb2tWa19QYVZhY3otNUlKaTZ0Z2NEYTlnTDhZNy03c2NIalFqWmVleFZTczE5QlBLUnNoeDc4a1dTX2lMTUhtamNuMlJSYTB6dS0xWERDNG5tci1rXzQ?oc=5) · Sentinel and Enterprise
- 2023-02-03 [Chamber of Commerce inducts 2023 Board of Directors and Officers - Advocate News Online](https://news.google.com/rss/articles/CBMipAFBVV95cUxNUWhnMmkyaUZxdDdWWGJHcXBVUFBIOUplZktrZnlSNVd5MWc0UklCYnQ2Tzk1dGtTTzQtbTBOX3E1ZklYRWU0VVZta3RxNEg4TnhHeHgxS1NWbE1lcW51SnRJVHpWRm1Ud2ZLQ0h5RnlNcG9qdmJxUF9YVE1CWVFteTgyZ0g3T2NhODdGMVNScGtKNlZ2YzJHUnJxS3dwWG9zS1FBUQ?oc=5) · Advocate News Online
- 2026-03-04 [Continuum Health data breach class action settlement - Top Class Actions](https://news.google.com/rss/articles/CBMixAFBVV95cUxNVFhZS0ZpLWxMZGYyRHVGSDdWVV92eHRac2lZZjUtdGR5amNYUzZnam9ES3kxWkpBeFRoUGwtWm1oQ1Q0d2kyRUdJcW1SajZDZEcyWE5jSUt0U0NnaHIxWFlkWThPUTVrNDlJclBBd0dzUVBJNnVSdlUzWlRqVWNZYktBVTlIcFdzTmNVYzAtYmVNbkVvS29BVWlkcE5yUGpnWlhOUUJUM21XUnV4T3BUWVRLa2lmeUFtMFhld1BHS04ySTBn?oc=5) · Top Class Actions
- 2009-10-10 [The top 10 employers in Cambridge — and how to contact them - Cambridge Day](https://news.google.com/rss/articles/CBMinwFBVV95cUxNR0dfMnRHczQtbUhrTEpyUHo4VlYtbHFxU01qcEFNTHg2UVJJZWtvcDZ2UkpLN1RjTVZKOGdiVUdjaTJVa3hjSVVhRml2REtIS1ZoWjVRVlNPbWpYeHRiMTg3aTZrN0UySkdHRnpBRENBTjVNZW5zWmdHVDhxTmRXYjFINWNMSE1oTThYTV9ZTWNhRjdleTZsQTBTcnVGa0E?oc=5) · Cambridge Day
- 2013-10-18 [Richard Lambert - Worcester Telegram](https://news.google.com/rss/articles/CBMikAFBVV95cUxQU0Q5S0xEdlJLTV85aUhVYkxpbDFiTlJmdFQ1MWdjSmZYTHI4NTlXbG9FTUZRSkxFSW9qZUJBS2JUNzZoVUFXd2o5NGJhZ2VWVDNudHkyVUY4QjZaalBiT3JBa2kwRnZhUFRxVC1LZ0FHdlRMVzFPaTVlUFI4Sl9nX1RLajhWWTlEWVAtSHluUVg?oc=5) · Worcester Telegram
- 2020-09-01 [Norman Pelletier Obituary (1925 - 2020) - Fitchburg, MA - Worcester Telegram & Gazette - legacy.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxNNWdLMTEyNGh5LUtHODB1WmFUNDAzb1ZJNVJkYTdnM1lzMnMtY1hWb2ZmX2k2M0pXZ0ZxbDRseDI4cFJqRUZvODJpbGhUemRoeGpWemtaTWVCMzdtQV9FTG5UOGg2T0FvSlJ1eUpyVGtwYm5lUXhRMHRJQm5pMWtUOENaREI0aHZHNFVEVG9XZnY?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=17679 (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 "17679", 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=17679
- 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