# TEG
POUGHKEEPSIE, NY · NCUA charter 19401 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/teg-19401

Who the members are: federal charter, community charter, organized 1969, low-income designated. 35,724 members of 1,250,000 potential (2.9% of the field); checking penetration 55% (share draft accounts per 100 members); loans per 100 members 49.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $498.0M |
| Members | 35,724 (1.7% YoY) |
| Full-time staff | 129 |
| Net worth | $44.2M |
| Net worth ratio | 8.9% (p13 of band) |
| ROA (annualized) | 0.96% (p69 of band) |
| Total delinquency | 0.44% (p35 of band) |
| Net charge-offs (annualized) | 0.50% (p63 of band) |
| Loans / shares | 86% (p79 of band) |
| Cash / assets | 10.3% |
| Borrowings / assets | 1.00% |
| Net interest margin | 4.14% (p84 of band) |
| Operating expense / assets | 4.42% (p80 of band) |
| Vehicles % of loans | 25% (p33 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 93% |
| Third-party paper % of net worth | 200% (p81 of band) |
| Vehicle delinquency | 0.56% (p50 of band) |
| Vehicle NCO | 1.10% (p73 of band) |
| Repossessed % of vehicle book | 0.07% (p67 of band) |
| Real estate % of loans | 45% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 122% |
| Core shares % of member funds | 51% |
| Certificates % of member funds | 30% |
| Average share balance | $7,011 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 49% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $21,750 |
| Loans granted, annualized | $166.8M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, 3rd-party paper>100% NW |  |
| 2016-06 | 3 | delinquency 2x band |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 | repo signal | delinquency 2x band |
| 2017-03 | 5 | net worth falling, expense trap |  |
| 2017-06 | 4 |  | repo signal |
| 2017-09 | 4 | delinquency 2x band | net worth falling |
| 2017-12 | 3 |  | delinquency 2x band |
| 2018-03 | 4 | net worth falling |  |
| 2018-06 | 3 |  | expense trap |
| 2018-09 | 3 | expense trap | net worth falling |
| 2018-12 | 4 | delinquency 2x band |  |
| 2019-03 | 4 |  |  |
| 2019-06 | 5 | net worth falling |  |
| 2019-09 | 4 |  | net worth falling |
| 2019-12 | 4 |  |  |
| 2020-03 | 5 | net worth falling |  |
| 2020-06 | 6 | margin squeeze |  |
| 2020-09 | 5 |  | net worth falling |
| 2020-12 | 5 |  |  |
| 2021-03 | 5 |  |  |
| 2021-06 | 5 |  |  |
| 2021-09 | 3 |  | delinquency 2x band, margin squeeze |
| 2021-12 | 4 | delinquency 2x band |  |
| 2022-03 | 3 |  | expense trap |
| 2022-06 | 3 | expense trap | delinquency 2x band |
| 2022-09 | 4 | delinquency 2x band |  |
| 2022-12 | 3 |  | delinquency 2x band |
| 2023-03 | 4 | members leaving |  |
| 2023-06 | 3 |  | expense trap |
| 2023-09 | 3 |  |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 4 | net worth falling, expense trap | members leaving |
| 2024-06 | 3 |  | expense trap |
| 2024-09 | 2 |  | net worth falling |
| 2024-12 | 3 | members leaving |  |
| 2025-03 | 3 |  |  |
| 2025-06 | 4 | net worth falling |  |
| 2025-09 | 2 |  | members leaving, net worth falling |
| 2025-12 | 3 | delinquency rising |  |
| 2026-03 | 3 |  |  |

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

- 2024-06-26 [Hudson Valley Credit Union Announces New Branch Managers - Capital Region Chamber of Commerce](https://news.google.com/rss/articles/CBMimwFBVV95cUxPLVUwd3VnRW9DMFNsUEJMemdBdWZ0R1RQc0FZREloQXpIeXY3Rk9aaFlpeUhmYkxBZkxxQXNoYXBzM1dOMHNBLWJsSTBTdzgtRW1LZThOM1hKRHZnX2ppY3A5OUxwOG9yM0d6TVNXNjl1V1FSZFpVb0JtUkNwQmludzE4b0NsemhKU2F1eURvOHE0bVFzQ2dHa0g4OA?oc=5) · Capital Region Chamber of Commerce
- 2021-06-01 [Shaking up the ranks: Professionals on the move - American Banker](https://news.google.com/rss/articles/CBMimwFBVV95cUxPRmloYjRZT1JCWkF0MmtYaktrLUZWOThxNmJDZGlRNVpYbU1haV9NN2lDWEZ0OEJtc2JVM29KNk03bjZha3pDeU4tYmN2SEFVU2JmWkFjUVQtaVNvOEltYTczSEwtWHBGYV9LemhXT1dqZ1c5S3NWcDVNWmZsWlNsTDJ0UVBCUlhOMnIzbkE3Uy1Fb24wWEZzdUxMQQ?oc=5) · American Banker
- 2026-09-01 [Eugene L. Sardo - The Poughkeepsie Journal](https://news.google.com/rss/articles/CBMiakFVX3lxTFBjdVlVM2NEc3BVaV9WNG92UHVKOHNPbzRrZ1BneHY2LWZUTHVMMGZSUXM2b1Radlo4TF85a1J1M2VxSmE1NEw5Q0VfY1dLU0FTcGhjN2dmT2N3aEg2NGxxN3F3N2IwMmhTTHc?oc=5) · The Poughkeepsie Journal
- 2025-01-10 [What We Know About Modena, NY’s Newest Business - 94.3 Lite FM](https://news.google.com/rss/articles/CBMiakFVX3lxTE1SeFZxdHY1M0F0MmZHajhRRGFsZXJzX0hIS2tPM2VyajhncHIyZHdiNlNJSDZOeWp3SzlTb2F6ZzdfNXNPZFNJOURJTTBmTFlidml1ZTNmcnAyd2RkX1RLRnBwYXZzcXdIaHc?oc=5) · 94.3 Lite FM
- 2026-03-27 [New York Dealers Fined $200,000 for Service Contract Scam - F&I and Showroom](https://news.google.com/rss/articles/CBMikwFBVV95cUxQcHZ3ZE91Y2hkMFo2aGtGSWpmelpqNV9LY2FOeTVFczQxdmw5QkVXMUFONmg0NHl1OWl6RnBEYUhYTGdxdjZsOTdnQjI3VVJXLWlWeDZEYUlJcXZnd2FPeW5jcmxqdWlpSWk1ZUpfOFhxUGFJV243a3VYSGdKbU1qSjZELXdneGlBU19ha1U0X2NBR2M?oc=5) · F&I and Showroom
- 2026-02-21 [Carol Jean Greenwood Obituary (2026) - Poughkeepsie, NY - Sweet's Funeral Home - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxPcTh3Ujc0eC1mM3FvR1hjNHVaOFNOS3ZOcElFc2w1OTRCLUNpZzNwd0ZORnU0T3FzUmhlYmVvYVNKRGdmd1gxSk50c2NuNFFGdXdDRHNxcnJzUlJVNlRMT0Rfejh3d1prQUFqTkxlOFBfRWphYkNuN0szZkxfNFR4R1RqbmM?oc=5) · legacy.com
- 2024-09-27 [We Finally Know What’s Coming To Vacant Property In Modena, NY - 94.3 Lite FM](https://news.google.com/rss/articles/CBMiWkFVX3lxTFBUbl9yU3V0ZkRVYjNJOUxuS0xLbjZKNzl1VGl0WTQxaHRuSUVocnV4d0xJRmh0VlNVVTZ4ejk3WVU2ODI5UldDRzdVQjJmZVoxQjVybFJMTnQ0UQ?oc=5) · 94.3 Lite FM
- 2022-10-07 [Famous Convenience Store Bringing 3rd Location To Middletown, New York? - hudsonvalleycountry.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxQbjNUVDcwQlYweF9yTmJ0cWpaN3Nlc3E4UFpEREVBU1ZxakxJMUd1NnBUeGFmby0wR2Npcm11N1F1anVBOV9VMmtRcVFkemx1dUhqbmEwaTRjR0lWYVBGbnVJMGxiU041TF9uYkNQYjN1Ml9QT2NPeFZSejVyOWpDS0ZnQQ?oc=5) · hudsonvalleycountry.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=19401 (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/9.json (key "19401", 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=19401
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide