# WARD
PHILADELPHIA, PA · NCUA charter 19770 · asset band <$50M · latest filing 2018-09 · stopped filing after 2018-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/ward-19770

Who the members are: federal charter, associational, organized 1969, low-income designated. 159 members of 160 potential (99.4% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 11.

**Verdict on the desk:** this could be *ordinary*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $54,490 |
| Members | 159 (7.4% YoY) |
| Full-time staff | 0 |
| Net worth | $7,301 |
| Net worth ratio | 13.4% (p53 of band) |
| ROA (annualized) | -0.20% (p14 of band) |
| Total delinquency | 29.56% (p100 of band) |
| Net charge-offs (annualized) | 0.00% (p20 of band) |
| Loans / shares | 66% (p59 of band) |
| Cash / assets | 41.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 9.65% (p100 of band) |
| Operating expense / assets | 7.15% (p96 of band) |
| Vehicles % of loans | 0% (p2 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | – |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | – |
| Vehicle NCO | – |
| Repossessed % of vehicle book | – |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 100% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $297 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 11% |
| Loans granted per 100 members, annualized | 0% |
| Average loan balance | $1,824 |
| Loans granted, annualized | $0 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 4 | thin capital, net worth falling, losing money, delinquency 2x band |  |
| 2016-12 | 3 |  | net worth falling |
| 2017-03 | 4 | delinquency rising, loan book shrinking | losing money |
| 2017-06 | 6 | losing money, margin squeeze |  |
| 2017-09 | 5 | capital below 7%, assets shrinking | delinquency rising, loan book shrinking, losing money, margin squeeze |
| 2017-12 | 6 | losing money, expense trap, charge-offs p90 | capital below 7% |
| 2018-03 | 5 |  | charge-offs p90 |
| 2018-06 | 5 | net worth falling | expense trap |
| 2018-09 | 4 | expense trap | thin capital, net worth falling |

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

- 2026-09-08 [54 Credit Union Leaders Earn CUDE Designation - cutoday.info](https://news.google.com/rss/articles/CBMipwFBVV95cUxPRzZMZ3ZzUV9uYkhycEt2X0F4XzllZmFNQ1g1NGJGZ3ZKRkNqYnBDdG9tbjdKRUUzSXU2SE1Zc01HZmphSlNKb0thcHVpZU1GdDNoZ1h3NEtubk1ZMFJ5Y0tjTDBuTU0yU0tIanllX3pySTBaZV94dENObW1IcUJhbTJtRUVWZmxjT2s0RVdGcnluVUlZYjVpWGlTdDhzTUxhS1JIVzkzaw?oc=5) · cutoday.info
- 2026-08-14 [Ithaca accepting applications for vacant Fourth Ward Common Council seat - 607 News Now](https://news.google.com/rss/articles/CBMirAFBVV95cUxNd0pwa0piM0NxMVQybFh4azNoYWwzWDJYc282cW9jWEtJNXppYnpHRENsclA3SXZDaG5kcGdsajFCM2drbW52dTVKeXRMaE95NGVKM1NtQ00wc0FtTFpoSENJQzJOeTZWSnlCOEVxNzZfRU04QmRZUHlVRGN1T0dZakNFTDNmRXFtS0pfeXprTWttcFNUcUw2cHJJMy1KOHZiQkhSZ2oybGp6cXpE?oc=5) · 607 News Now
- 2026-01-12 [School Board split on vote for 2026 chair - Brainerd Dispatch](https://news.google.com/rss/articles/CBMijgFBVV95cUxNb2VOSFREMVlFNEFhTmdjS3hnTXZWa3FWV1d1bmhDUGc1eHRwU2JfVi1Za1Z1RW9rZ3laU0d4bnFOUm1zTUJEYmdXTDZqdFJxNk9CVTQ2eDBDd0JuSEJtT3FzZ3lyNVFKcDY1cUJISmc0bnhqMWRZNndVbGJ0UnBQYkFsYnJfSGNsaExrY2Rn?oc=5) · Brainerd Dispatch
- 2018-10-01 [Bank Notes: JPMorgan to add 60 branches in Florida, Georgia - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxOWmhoOFRsdlhxN3lWVThGSHc1SkJsQ0FtRXB6Q1FGYVdIaU1jN0xoUTBWbGhOU3FIeGE1QndSOFVUZ2JOWWFGOGpFRnlGNF81d3U0MERGSmtNZjdDTXpJc2dsTTZRdHRFQlVBNWQtR2U1V2NwSS1rTU5mWEhwR2c1bWRfd3BBRk1KbHlzQ0VrallCVS1DSUxTWndmdjVsdkNqVWZoc2g0Rnhlc0M5akIw?oc=5) · The Business Journals
- 2024-05-08 [Physician Assistant program names Ian Ward new associate director - Greater Fayetteville Business Journal](https://news.google.com/rss/articles/CBMixgFBVV95cUxNN3NZektTRTVEU2dqMEtBVTdVUkJhMW9ZRjFtLW1YUFpreFM4b1VNV0I2ZUF6RU12bFQ3VWNHVE5QTElZQV9QTjZLZHVfbzhFSmJkYlo3U2pFcnlIYW43cEs3b2dpOWxIREx6S1RaRy03WDdkY0NHUmdEUW1NVjJvWHVieGJMb1dZWlFtMVo1OFd6ZnFPcFFvTF9LaVdqaUcxMkVNS0w3Y1JQYllHMjFMZlJCTDlHWURIaG1HeGRhZ01YU2FtQVE?oc=5) · Greater Fayetteville Business Journal
- 2023-02-24 [When Can You Freeze and Seize a Judgment Debtor’s Bank Account? - wardandsmith.com](https://news.google.com/rss/articles/CBMitAFBVV95cUxQMFBxZnh6Um9NRFJ5REdVS004MHZwek5OdmpZelQ4LUhIc0JDSFBQRXpIVXBRRGQzQ0hjYjRhRkVoaVo2d3BReFlRdEFHUl9nNmpSSFBENURYY2pTTFlXWkszYUNQUmxnbU1PdmMyWFlhdXViVjFzel9DTEJ6eTBwbWh4dWpQam9VbzBSWnpJeXdXNkZCQ2xpMnJsWklMLXBybUpmekJnRVFtcFBjWm1MR0pFcE8?oc=5) · wardandsmith.com
- 2021-05-26 [Campbell Law students selected for MIP 1L Summer Associate Program - Campbell University News](https://news.google.com/rss/articles/CBMiuwFBVV95cUxNYWhCOWxvVjdOX3VhZzlYNHFnN0paRnhTWkgwdFBnUXlIYXl6T252OXZJNmlNaHZoTF9hVTdHUnZKM09GajZ6VlFfMHh2bEVtY0ZhYTJBQ1EzTE1KaWE1LWh3aU8tZktfN052RnlDZXFGT1d4OTBld0lXb0lYenhOT1RsM2tJMzYwaTZNdE1VUFR6ajR2VlBfV3AwVkJFdFIyR0lfdmZvblBRNVNfZDFXSkNjWnBWT2ZDeFZZ?oc=5) · Campbell University News
- 2020-03-19 [Gallery: COVID-19 Pandemic: Fresno's first day in 'shelter in place' - Visalia Times-Delta](https://news.google.com/rss/articles/CBMixgFBVV95cUxQd0x6WU13a3hjTGcyVzZITnFibVlqeWtVRHlDN1dnRFRlWTJ2Rkhqam80SmFDVzhBTU5OQTRzYXY3S1ExdGFGN1kydmowdGdrQTRNMmFpRU90RHBpR050M2JQdjYzVFhaOWhyMFRVUzZnVXpSRnRZdGZSWHQ3R0UyRjhWX0JoX2tWRHgtSU5NM3lscGpXZGphaGVIVWtlMmdkenRqZTJjV1FWZWpzQjA2NUY2WWt2ZlFTdjZvNWF6ZHBrajFZd3c?oc=5) · Visalia Times-Delta

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=19770 (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/58.json (key "19770", 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=19770
- 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