# NORTHEASTERN UNIVERSITY
BOSTON, MA · NCUA charter 19481 · asset band <$50M · latest filing 2019-03 · stopped filing after 2019-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/northeastern-university-19481

Who the members are: federal charter, multiple common bond, organized 1969, low-income designated. 2,134 members of 7,000 potential (30.5% of the field); checking penetration 23% (share draft accounts per 100 members); loans per 100 members 30.

**Verdict on the desk:** this could be *ordinary*. 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 | $21.8M |
| Members | 2,134 (-5.8% YoY) |
| Full-time staff | 4 |
| Net worth | $2.5M |
| Net worth ratio | 11.4% (p38 of band) |
| ROA (annualized) | 0.19% (p33 of band) |
| Total delinquency | 0.92% (p57 of band) |
| Net charge-offs (annualized) | 1.10% (p86 of band) |
| Loans / shares | 79% (p77 of band) |
| Cash / assets | 2.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.33% (p82 of band) |
| Operating expense / assets | 6.52% (p94 of band) |
| Vehicles % of loans | 13% (p9 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 2.64% (p87 of band) |
| Vehicle NCO | 0.00% (p33 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 70% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 16% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 76% |
| Certificates % of member funds | 17% |
| Average share balance | $6,604 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 30% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $23,357 |
| Loans granted, annualized | $3.0M |

## Flags firing in the latest filing

- **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 | 1 | thin capital |  |
| 2016-06 | 3 | losing money, delinquency 2x band |  |
| 2016-09 | 2 |  | delinquency 2x band |
| 2016-12 | 2 |  |  |
| 2017-03 | 4 | charge-offs p90, assets shrinking, members leaving | losing money |
| 2017-06 | 5 | losing money, delinquency 2x band | charge-offs p90 |
| 2017-09 | 4 | delinquency rising | assets shrinking, losing money |
| 2017-12 | 4 | assets shrinking | thin capital |
| 2018-03 | 2 |  | delinquency 2x band, delinquency rising |
| 2018-06 | 3 | delinquency 2x band |  |
| 2018-09 | 2 |  | delinquency 2x band |
| 2018-12 | 3 | delinquency 2x band |  |
| 2019-03 | 3 | expense trap | delinquency 2x band |

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

- 2026-03-10 [George T Allen Obituary (2026) - West Newbury, MA - Elliott, Woodworth & Rogers Funeral Home - Newburyport - legacy.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxNY1FCMzI4UWVFY1F3WndzTTkwWFAzSGR6Z3F4RGd1UUhONkFxVm5oN3l0Z2NzTWNPM0ZXUUNtREFkb19NeEdhWlE1Z2MxLVJOUXlQQS1xdVJJVmRpeUc2bk1pNzhMVVVSaXJqRFNNN3F2SlRpNzRmckQtSkpVU0d2RQ?oc=5) · legacy.com
- 2023-02-16 [Workers Credit Union appoints Linda Colby as Assistant Vice President and Area Manager - CUInsight](https://news.google.com/rss/articles/CBMixgFBVV95cUxPUlVnVDFSbFFLOVNreVp0czRJTjM1Q2hLYnVKNER2VHd3cGNQVk9mRDRVU0J3cklFSkgxU083UU0yMk1ER25XZll1cVpDWlhwcVl6WUk4RmJBQ0pSZnQxR2tTaEJPellkcXJTWk94ZkdRWWM2T0hqekptbUtnZjViMkMtdUZrX2pBRVJpc3pzMEtRQ1JER21uWTBPbTRiUjBVcG9jZFZiREtEVXk0WnFhaXF5WVJGbmpFZUcyRUF2Wlo1WTVSbFE?oc=5) · CUInsight
- 2025-06-14 [Credit Union announces first scholarship awards - Homenewshere.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxNRi1mTnZLU1NaM0RQVk9pUDQzLXBqNXVxN2dYSnNTUEhfd21WM0REV3g4aU5qN2tFMXZQUWJoV2RscVc1UWtNeVV4dDFFS0Q5QlBMeklhekxYSnlSUWFsR1o2eGVPaWIzQm0wRm1GdmZXV3JCRzZSLWxGYXV5QjVlNU8yQWVXWFBLd05UMzdZM3Nvb2t4MmZaUE5LR25Ud3Nyb1E?oc=5) · Homenewshere.com
- 2022-06-28 [Andover Teen Gets Scholarship To Attend Northeastern - Patch](https://news.google.com/rss/articles/CBMikwFBVV95cUxNM0xoUlM3bzlnVkFYTXUyZHN3dXphOVBwVnRCaXRjNlplOEMzSWVrVE9IcmpWOVJVc25YRnJvNzBpUzRmbmtaZFJnWHptd2xlZUNMakxRRjlVUG4zLUE1R09oUkg5WFBLaVJTZXNHanBjZnhwLWtzcko5MlJCaHZta1ZfSmRMem1IdWlTNkZicU9VZTA?oc=5) · Patch
- 2023-08-21 [Movers & Shakers for Aug. 21, 2023 - Worcester Business Journal](https://news.google.com/rss/articles/CBMibkFVX3lxTFBOUTJHQ2lhLUJpOVJfYnhkQ083b1hwaVozSld4cWlpSDdSSllpdFdPTDNFVng0N2twREU0R2stQjhpS1hUbVM1V1dObUtuWWtUWkNxYWI3ZEwwUnNaNWp6SjNQcEZTNWFYZk40S0JB?oc=5) · Worcester Business Journal
- 2024-06-01 [Movers & Shakers: Learning Center for the Deaf in Framingham has new clinical director - MetroWest Daily News](https://news.google.com/rss/articles/CBMi-AFBVV95cUxOeHpOM2thU3JscFhtTlEwRWNHZ3ZfQjlSQmJyQmpOWXdVQ1IzVXludTlJZGdENDdJMTBBMnhoVEU0QXlJaXpkTlkteFRUVFdrSVBZdkZYNTBJVm03YjR3YVpJTDhHRGpCV25EWk9IeWk1VkcwcXgtcGZBcUlNSlNsVnczWkplYjh4S1h3Si00UEQ2WjNZTTVubjhiV3l3dElpT0VFb1ZNdUQ4Yjk2YWVBbnhwblJ5XzNEZ212M0t5MzBMdmtHLVBZY0IzZ1ZwaFUwUVFYbExLX3lYSk9BLXlfX2pLM2RIa1FXZ0FHSXZ5bGxvVnBzWWM5dg?oc=5) · MetroWest Daily News
- 2023-06-29 [Metro Credit Union Announces 2023 Scholarship Recipients - The Reading Post](https://news.google.com/rss/articles/CBMimwFBVV95cUxPVnExdnpPaDBCVk5lUzktYkRlTnE2UmFFQnNyTWJfNEJWSW9ieElrSHlRSlRLTV95NHhkd29FR3Vfa0RWWlpRMDZMOUI2VFNrNzROX1JSLWZmeVp3MGR3TWRERlJKdFVEaWdZRXJ3TDRGeU1FLUVZZXdIdFl1WlRQcG9CR1RsOVhtQUJzbW5oYXQtaV9MTDZCallrVQ?oc=5) · The Reading Post
- 2022-04-18 [John J. Murphy, President & CEO of Members Plus Credit Union - WBZ NewsRadio 1030](https://news.google.com/rss/articles/CBMirAFBVV95cUxOdnBJS29tWktsckdrVVUwMVdOLWZ4aHpJejF2TGo0RG5SV0lOSFFadkJ5Tml0OG1IWEVvdk5mdGhxcmZGWTVDQ3paNGdQMmZwaTl0OGpaZXFDNlktejN3UDVfXzlsX29Sc0Q0R1ZhbFNxRDltcGZwcDRHaXp1YXV2azR2aGlGV1NiazJKRThKVHJWLUFUejdzeDQ2Nm1FMHF5c1JRRF9zWGxqZi110gG0AUFVX3lxTE9vR0R4ams1end5eGlPYXVqX1VKcEV0RXBfX2hpYkJhVUdneXZSU0k2ZFhXMGV2Z2JkZ1hwaE9ZMHhrelE3dGdibWRvLXNrclJoRmUyblZEOEMtSHpnVVlaSmdkYVhubWJNQXBqNjdGc1FId2FzWkFPb3duRXNselJFbGM4bFFnU3hpaXJyNTRqeTVENG5JNXgyTHFhREVXZzVZQktuWG1WeVVHUmYwRmJyd3BsUw?oc=5) · WBZ NewsRadio 1030

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=19481 (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/25.json (key "19481", 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=19481
- 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