# SUNMARK
Latham, NY · NCUA charter 1884 · asset band $500M-1B · latest filing 2019-12 · stopped filing after 2019-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/sunmark-1884

Who the members are: federal charter, community charter, organized 1937. 62,294 members of 941,000 potential (6.6% of the field); checking penetration 64% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *liquidity-tight*. 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 | $740.2M |
| Members | 62,294 (8.4% YoY) |
| Full-time staff | 210 |
| Net worth | $67.3M |
| Net worth ratio | 9.1% (p17 of band) |
| ROA (annualized) | 1.05% (p78 of band) |
| Total delinquency | 0.83% (p73 of band) |
| Net charge-offs (annualized) | 0.36% (p43 of band) |
| Loans / shares | 101% (p92 of band) |
| Cash / assets | 2.5% |
| Borrowings / assets | 4.79% |
| Net interest margin | 3.48% (p75 of band) |
| Operating expense / assets | 4.96% (p93 of band) |
| Vehicles % of loans | 21% (p19 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p6 of band) |
| Vehicle delinquency | 0.73% (p68 of band) |
| Vehicle NCO | 0.49% (p41 of band) |
| Repossessed % of vehicle book | 0.17% (p87 of band) |
| Real estate % of loans | 66% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 99% |
| Core shares % of member funds | 51% |
| Certificates % of member funds | 24% |
| Average share balance | $5,873 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 71% |
| Average loan balance | $16,926 |
| Loans granted, annualized | $351.2M |

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **loans>95% of shares** (`str_ltos`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, expense trap, loans>95% of shares |  |
| 2016-06 | 4 | leaning on borrowings |  |
| 2016-09 | 4 |  |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 4 |  |  |
| 2017-06 | 3 |  | leaning on borrowings |
| 2017-09 | 3 |  |  |
| 2017-12 | 2 |  | thin capital |
| 2018-03 | 3 | thin capital |  |
| 2018-06 | 4 | net worth falling |  |
| 2018-09 | 4 | leaning on borrowings | net worth falling |
| 2018-12 | 4 |  |  |
| 2019-03 | 3 |  | leaning on borrowings |
| 2019-06 | 2 |  | thin capital |
| 2019-09 | 3 | leaning on borrowings |  |
| 2019-12 | 2 |  | leaning on borrowings |

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

- 2026-05-28 [Sunmark Credit Union expands to nine more New York counties - Albany Business Review - The Business Journals](https://news.google.com/rss/articles/CBMimAFBVV95cUxPbnNEcC1BeXJxbU9UM1RLcFdqTWpGZk5iTjhKVDVRMVNNdVFmYW9oSEo5VmFENlhSeGo4dkRyLU1mN05kVFBueElYYjNMcHBNX1ZzWXNLUjl1SW55YzJScE9QbzFoTS1GVVZ6X3hSUjc0VEhYTHlaSG9mSEF3MVdxR2pRUnpIaDVLUFVqYjd3b2hvd1FScldpNw?oc=5) · The Business Journals
- 2026-08-11 [Make It Make Cents with Sunmark Credit Union - NEWS10 ABC](https://news.google.com/rss/articles/CBMiiwFBVV95cUxOSXI3Z3RNNy1oaThmQWktcFNaaTBTdUd6WldFcG1feHZBZlRDY3A4UXFGeHNzVFNlMkNJbVowZVQ3WVA2aWpmVFgyZU9jWXFXUU52YUNJUDhiYVdUOWg2WXJnQ0hhTnBJSGRoZEtjdFhrVjNuWWVFY1lJX0JxbF9lT2NfQUU4emZRekd30gGQAUFVX3lxTE95bG10UTJMeTF1RFFBR3dYYXVndklUX0NWTHFIYmstUUVubDlLbTYzN2xhZUllaEZiS1lFc3hGN1lsQVpGcnZEMHo4XzJlSFpJSC1MVVFRM3VzR3g2cFFwMzBzRDVtX3BUSEtJMTZ6Tjh6Q2dFbVJDbHk4YTVQNHE1bzE2d1FGMHFlRkxwaGl4Zg?oc=5) · NEWS10 ABC
- 2026-06-08 [Sunmark Credit Union expands membership to 9 new NY counties - WNYT.com](https://news.google.com/rss/articles/CBMitgFBVV95cUxQUExRd3ZiOGViNXNEWnczcXBCbEdZTTVrYUx6dUI2WVN2MXFPZkk1dHIzeTNqZmw4bjl6RHFWNUluSHRPV2dtb1o3TE43RVR5bUxUU0EzUG1rXzJUanRsZ0xlQ0pRdVNmTkNscVF3b3B0R1d6WTRjcnlGUFZjTE9DMGdjS0t6enVqVVgtVFRaOUVDQ1dqOUx3dHBXMDB6ZmdkZjlhWmlKWTVYVmtoS1NIRUp5MnVYdw?oc=5) · WNYT.com
- 2026-01-05 [First New York Announces Vik Muktavaram as New President and CEO - Capital Region Chamber of Commerce](https://news.google.com/rss/articles/CBMipgFBVV95cUxQVUVYc09EenU0S1NrVEZMTk1FWjF2VklJVVhmd0d2OEk0cDF0c3c1czBfdlNUT09SVHo5YzNaX2FvT2xDS3RMTTdZT3otaGVOR25oWHNqcFFUOG9zc2ozdnRFZ2JubG5ZaWZxSVhISVNFWFVRekRhV25XZlZGY1J2OEVBSWVNb191eDhnOXRQRE1hNUhfdHFGaGl6NW1oSmsySHBkc1JR?oc=5) · Capital Region Chamber of Commerce
- 2026-06-18 [New CFO for Sunmark Credit Union - The Business Journals](https://news.google.com/rss/articles/CBMihgFBVV95cUxNSkgxb1hWNTFaTE9LYXhwcHg4RWlxbEN6T3ppOGtIbkVEN3JEVE5aTlh3M0RwWmVSaThvMXlVN1RWRVNPYkxDenFBclJCbVRmQlBoQldpcjV4ZTEtX1dRLUxnMktybGlXaE1YZFhUWVM5UklPMUM1aFVzWjU0OE1FRm1nNmNYZw?oc=5) · The Business Journals
- 2026-02-06 [Sunmark Credit Union BizSpotlight - Albany Business Review - The Business Journals](https://news.google.com/rss/articles/CBMiigFBVV95cUxPUnlQd3hRWmxkcVI2c21CSVNlQlRsX3RkSGh6UEo0eFg4VHVIbDRqQlZkWlZUakdrSmFWcXNxMnZ2UUw2VWtLdFNGRlVHNHZpRGYzbjdKT1M2anRQYXRQTTZPWk5WOVRRRFl3YWU4b0RMeThzeU9XNDVhRjNjMVlQWDdEY2pZTVNyQ2c?oc=5) · The Business Journals
- 2019-07-16 [Sunmark seeks charter change to expand coverage area - Times Union](https://news.google.com/rss/articles/CBMipwFBVV95cUxPVHU0T3NVeVFOenZUX29PdmgyTnJGYWhHOE05YmFNNldYUXE4R1BPeEJwMHFWYjNwUFowMk4xR0lmMGRvenNKQmNIUGUyOHFJVTJNdHM1S3M3dGdhallVeU90TWQ3MWZYeUJnUUNWcTZYNDF3MzVBUTVRU3h0dDk5cU4wNHE0dW9hOWhCSTB3ZXZkOTRhY3BYd2dURjNJSThYZ0oydXJfaw?oc=5) · Times Union
- 2020-08-26 [Sunmark FCU scoops up another tiny credit union - American Banker](https://news.google.com/rss/articles/CBMinAFBVV95cUxNeVFYQ2N6RlJrNDhocU8xcFJqQ09ucHhEdW1kaTY5Mzc0WDV6MzVUdjlXYUlnRzgtb3FNc1RuZmtFbFBrNndHTFJldmQ0anV1SnFQelNJU0xmNFdpQWZ3RmFZeGEydFk4R29zMWI3dU5hY0FwUEljYTV2RXRmMVU4NWVKN1pHcnFVdGNCNzdNQTkxUmdEWEVBVzNJdUc?oc=5) · American Banker

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1884 (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/28.json (key "1884", 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=1884
- 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