# FINGER LAKES
GENEVA, NY · NCUA charter 18022 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/finger-lakes-18022

Who the members are: federal charter, community charter, organized 1967, low-income designated. 19,950 members of 320,661 potential (6.2% of the field); checking penetration 56% (share draft accounts per 100 members); loans per 100 members 52.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $253.1M |
| Members | 19,950 (-2.5% YoY) |
| Full-time staff | 47 |
| Net worth | $36.8M |
| Net worth ratio | 14.5% (p86 of band) |
| ROA (annualized) | 1.83% (p96 of band) |
| Total delinquency | 0.12% (p7 of band) |
| Net charge-offs (annualized) | 0.12% (p17 of band) |
| Loans / shares | 73% (p47 of band) |
| Cash / assets | 14.0% |
| Borrowings / assets | 1.39% |
| Net interest margin | 4.09% (p81 of band) |
| Operating expense / assets | 3.38% (p37 of band) |
| Vehicles % of loans | 25% (p34 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 40% |
| Third-party paper % of net worth | 43% (p38 of band) |
| Vehicle delinquency | 0.17% (p12 of band) |
| Vehicle NCO | 0.00% (p4 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 55% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 46% |
| Core shares % of member funds | 91% |
| Certificates % of member funds | 2% |
| Average share balance | $5,853 |
| Participations bought / yr | $16.2M |
| Participations sold / yr | $0 |
| Participations outstanding | $4.0M |
| Loans outstanding per 100 members | 52% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $15,067 |
| Loans granted, annualized | $40.3M |

## Participation posture (from the same filings)

Bought $16.2M and sold $0 in the latest annualized quarter; $4.0M outstanding purchased (10.8% of net worth), $0 sold and retained. Sold in 0 and bought in 5 of the last 8 quarters. Shares 3.0% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, 3rd-party paper>100% NW |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | delinquency rising |  |
| 2017-06 | 2 |  | delinquency rising |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 1 |  | thin capital |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | delinquency rising |  |
| 2019-09 | 1 |  | delinquency rising |
| 2019-12 | 2 | margin squeeze |  |
| 2020-03 | 1 |  | margin squeeze |
| 2020-06 | 3 | net worth falling, margin squeeze |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 | thin capital | margin squeeze |
| 2021-03 | 4 | net worth falling, margin squeeze |  |
| 2021-06 | 2 |  | net worth falling, margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 1 |  | thin capital |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 3 | delinquency rising, members leaving |  |
| 2024-03 | 3 |  |  |
| 2024-06 | 2 |  | 3rd-party paper>100% NW |
| 2024-09 | 0 |  | delinquency rising, members leaving |
| 2024-12 | 1 | members leaving |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 0 |  | members leaving |
| 2026-03 | 0 |  |  |

## 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
- 2026-09-03 [Jamie Wagner Named Geneva’s Educator of the Year - Finger Lakes Daily News](https://news.google.com/rss/articles/CBMirAFBVV95cUxPcUY3UVNmdzFaMWlNSmRScE1TTDl0NGc0VHVWRHFlb3RTTmtVbGl5VFdpWGV6RVYtdHZTSlZpM2E4Y3poUVZiV3ZLdlMySTZBaEE4TlpqSG93SkFGVGxmajZpUVNiZFFUOVQ4bkpwXzB6ZUVuS1BZYW9WN2dTVHhubTJwd2U4T3V6bkZGSWdRMFhoVzFvUTljZFE5MzgyMmV1V0dnM1BGN2pVT1JV?oc=5) · Finger Lakes Daily News
- 2026-07-07 [Finger Lakes Federal Credit Union Unveils New Brand, Shortens Name - Finger Lakes Daily News](https://news.google.com/rss/articles/CBMirgFBVV95cUxNZWQxOHNLYTBidWZVRFVsWWVUX0hxX2ZRN2ZIVmdnRDE2dnFKQW96UEVWcm5mWGY4RWNaTVhvZzNYRDVKaEVGbV9VZmNWbDRvZUdRNlI3bjJHSXlMMlA5MWtWWmNFLXdRQVJCSk5HbGc4Z2ZfcjBCaXpobzl3QnJKZGItSlBjQ2Y1THlrQW15aGZBSmJpR3QzdHNLSHBOeGVaZVRRTUVCZFBySGJVSGc?oc=5) · Finger Lakes Daily News
- 2026-06-25 [Nancy Reff Obituary (2026) - Waterloo, NY - Finger Lakes Times - legacy.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNX05uaGpndmVfTXhoSWVHTkhwN1BaN2JwV0x3QnQ0SHFtQU5jdXpnTThRb0ZYMkdCVy1TSmpZbk5RdHlLMzd0VVdtamRkWVFERmd0TzJTLU9lYWJ4UGpwV1NnNy0tZ2dCenBlZjNzUWdTNlc0SXZOQ2YyazA0TEQ5cm1wSVdrREJ2?oc=5) · legacy.com
- 2025-10-01 [CEO and president of ESL Federal Credit Union to retire this spring - WHEC.com](https://news.google.com/rss/articles/CBMinwFBVV95cUxPczh2MVozYkxoTGJGYUV4dC1kT1VUY3BOWmlKNkZOemlzUk9ESzdYdk1kNUxRWkRONm1RakRtYy1HU0pfYWh0Q1F2M0RrWXlYTElQTk1aWGdic2gzZ0VnZ3ROeFR3aHlRUW1ZbEJMWExOLTc3YTMwRWRRZjk1cTVBQ21nZ2s1UlRnS1ZBaVZ0MDRya1ZCSVIzRHNfSmFPVDQ?oc=5) · WHEC.com
- 2024-12-26 [Finger Lakes Federal Credit Union named to Newsweek's List - Finger Lakes Times](https://news.google.com/rss/articles/CBMi0gFBVV95cUxNcllnXzUzRzFmSGFyenF3VHd6Mi14Y3VxUnV0aGFoUjRsUm1xdkNSNDhudkZrZnh2a0VTOUUweUxoLW40NTJndXhDTXpjbi05LUx5NU5SaVJfcWVBZnZ0cE9RWkwyOHlnYjdSTDg2N283eUhKM1B1Z2JRQkh5QzE0MjY3ZEFfb1lrLWtwUjRPanVBeWY4ZkNiQVR4MGNIWDQwUTN3QURiZ3lEMjBqU1FqYTBqcmpGOHVUNkJxVWFkZVJJT2lXeHJEYzRldDZzODg4cWc?oc=5) · Finger Lakes Times
- 2024-09-24 [ESL Federal Credit Union to acquire Finger Lakes-based Generations Bank - WXXI News](https://news.google.com/rss/articles/CBMiugFBVV95cUxPelB6Wk1zWDBqeml4bTJ6X2k1MVpJT2kxTm9CbWRyN3NiOE1BRXFHMmFXbVRhNFI5RDRLQXlLbGliODEtR1FHakJWWDBKMG5oMVVnQkdXX3c4YUplSnp3SDVVTXB2UEk2R2hpdkJzc2tMVVRaWDM4cmg2UW1OZGNCNTRya25WRGJPT0N2Uno2X05nMlFuYTVDQ1FDOTRSay1WR2N0T0pVYjVzQ1FRQjlqUGZqU3RUeUliX1E?oc=5) · WXXI News
- 2025-08-14 [Finger Lakes FCU to build new branch in Webster - Rochester Business Journal](https://news.google.com/rss/articles/CBMicEFVX3lxTE1WUHZtWDQ3ekNFM3BZX0V5dk9rZmxHc1EzYkhKNFBZdGZmMjZjMVBZbFh2bjRCb3ZJZlotaEpneU5RNDFETWN0d2lHWlRUbUlLbXE0OHNJYWlsblBwRm5BTTRMaGZIanVKa0V4c0hoMWE?oc=5) · Rochester Business Journal

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=18022 (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/38.json (key "18022", 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=18022
- 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