# CHADWICK
Norwood, MA · NCUA charter 19118 · asset band <$50M · latest filing 2018-12 · stopped filing after 2018-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/chadwick-19118

Who the members are: federal charter, service (single sponsor), organized 1968. 1,932 members of 10,000 potential (19.3% of the field); checking penetration 38% (share draft accounts per 100 members); loans per 100 members 55.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $21.4M |
| Members | 1,932 (-8.6% YoY) |
| Full-time staff | 4 |
| Net worth | $774,291 |
| Net worth ratio | 3.6% (p0 of band) |
| ROA (annualized) | -3.11% (p1 of band) |
| Total delinquency | 0.20% (p23 of band) |
| Net charge-offs (annualized) | 0.05% (p28 of band) |
| Loans / shares | 51% (p35 of band) |
| Cash / assets | 4.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.78% (p29 of band) |
| Operating expense / assets | 6.63% (p95 of band) |
| Vehicles % of loans | 27% (p17 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% (p13 of band) |
| Vehicle NCO | 0.00% (p21 of band) |
| Repossessed % of vehicle book | 0.00% (p44 of band) |
| Real estate % of loans | 63% |
| Credit cards % of loans | 7% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 83% |
| Certificates % of member funds | 10% |
| Average share balance | $5,565 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $9,681 |
| Loans granted, annualized | $2.3M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, capital below 7%, losing money |  |
| 2016-06 | 3 |  | losing money |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 4 | members leaving |  |
| 2017-06 | 5 | net worth falling |  |
| 2017-09 | 4 |  | net worth falling |
| 2017-12 | 4 |  |  |
| 2018-03 | 4 |  |  |
| 2018-06 | 5 | assets shrinking |  |
| 2018-09 | 4 |  | assets shrinking |
| 2018-12 | 7 | losing money, expense trap, assets shrinking |  |

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

- 2024-12-20 [Rodd Chadwick – Q2 Software, Inc. - Blueprint Magazine](https://news.google.com/rss/articles/CBMidEFVX3lxTE1uT29kMFR6MVBsbzIyMndwSDBCWHROY0RNT3FRYzkzZU1yZzN5UXN5bm12emdoUUFGUnkyVXVRYzB3bkpmZmRxR2VPRW45TGlTN1VJZUlUOFFEalF3dXYxS1h5dUtQSFR1dDVVRVV0b1hzek9F?oc=5) · Blueprint Magazine
- 2022-03-24 [Irene E. “Auntie” Hughes Obituary Mar 24, 2022 - Keohane Funeral Home](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE1WM1QwdWE2Y1ZsUnVCZjhhUGotMFFLRi1NbTZyY3FMMmoxNF9raWlJUy0yb05ybUtndjN5SUtoVnI3ejF0dFNmRFpNZDZWaHdRRl9OSzRDNzBod2lrN2NOdzAycng1bWs?oc=5) · Keohane Funeral Home
- 2022-09-17 [Obituary information for Dorothy M. Ellis - Chapman Funerals & Cremations](https://news.google.com/rss/articles/CBMie0FVX3lxTE5TTVU5aUpaTk5zc21mZFd5SEZKRkRiR2NYc1NpSHFVWl9YYXBQak5XR3BmN2NCM1hqWTREekZSa1YtWFhEOGo2RlhxUGxQM3VBLVRGczRhSnU5YVQ1WXdETm1KRkFfVWlvb3ZieGVaNDd1dUJZOVJNOExDTQ?oc=5) · Chapman Funerals &amp; Cremations
- 2021-03-30 [‘One more!’ How Chadwick Boseman embraced life and his ‘Ma Rainey’ castmates - San Diego Union-Tribune](https://news.google.com/rss/articles/CBMivAFBVV95cUxNREljbncxMVN2WVYzVGxfNVpSR2N0bG8tSVc0QzBXQTFfbjlXUnEwWV9qandPWGltc0xiVWRCQW9oRXRhLW9ubFlBa1dyNlc5NXJYRlVWQlVjVkNkcURGNGtoTWVYOGVyT1NBaUttVWFqZW5GemxzVlpIaFd2ck9yZmh6cGlNNGFTY05TUWIwdDVIcWZodHFsa3ZXeFo1VU9fYW9UcjJQb3d6dkN2cGVUOHMwMWM0bUlJQWRnUA?oc=5) · San Diego Union-Tribune
- 2025-02-02 [Chadwick's Mercantile has been serving Grace community since 1941 - Idaho State Journal](https://news.google.com/rss/articles/CBMi8AFBVV95cUxOY3FNX2JoRU9lS2Q0TDNtUXVxM2swVS0xOE9GWFFDbG52c1Rtb2FUc0dqOUVMWE5WVjVSNHF5c0l3X2dUQUw0bVR1UzJHbGdFaUVudEl0RzdJRnUwSWxaYll1OS1ldXNCUlB0QWlGMERTYmlXM3pITkRkVzhjQXdnTDJpUHMzaVNlVUpST21MVV9ERGEyT1dCU0RmVWJQdndZTFJBQVhUcWN5RFFrUnI5RXlMSzFqRTlHQ0lncVVSUklRTWs5bjljVEZEWFVrQk5JN3hQVjZicElBeXZ6MFpOQVAxeTJkQjF0SU00ZXl4SEo?oc=5) · Idaho State Journal
- 2017-07-09 [Manufacturer celebrates 125 years in Portsmouth - Seacoastonline.com](https://news.google.com/rss/articles/CBMixAFBVV95cUxONkxrbjR5UXN2bkE5VVZQQjlYMkkwcmlzblhJUzduODN6bFZGSG5MaXhfRE5fRzFSUHZnZy1zNlBJcVcyT2puSDgzdUhVQ2lPd2cwc0RfZE52T1l2RGs5NHBzTUR4T3lwemF1TzRsMVRqVFRVZ2xNSm05Nnl0dHg4Y2RHOXpQRjBnTlNqdzlWaGRxOFByaWtHN3VXM0lRamFYV0tZRXNMNWhvaVlDVWhvcXJfTGVmN2QtaUliYzlPcWdPSktE?oc=5) · Seacoastonline.com
- 2018-02-07 [Services Set For Union Father Of 4 Found In Burning Car - Patch](https://news.google.com/rss/articles/CBMijAFBVV95cUxNR243ZFNSdERQWm5RWkcxLU9DWTJybFl5NkZuaTBpakxPVFBfLUIzRlBXVjNvR3FmalF6aTRhNndsVmlwN25nbVo0THdFWG9aaE4xYTd2aTZyN05lRXM1ZHY5SG9UMVdIdzNNT0ZpUUxMbTR6UGZXQVNvd0g4VEtBNFBxaXdnd1hONzBIaA?oc=5) · Patch
- 2024-06-24 [Jean Loretta Brace - legacy.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxQbERLZmx6U1ZZcEJsbl9JQUlSSkFzc01qYmc2V0hwZzJCRVhPTEdQekkzU3RDSGw4V2YwZGFHWWVxMzlUSk90U3p0VzRpcU5MdG1hRFpLWTVmc1pnRnQ5aldQSkVXZnZ5WVEzU1hmbzVMQzFlWUR4TlBNblNIaFNjY2U0V0lHbFVoVE5hSw?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=19118 (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/46.json (key "19118", 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=19118
- 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