# PROPONENT
Nutley, NJ · NCUA charter 20448 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/proponent-20448

Who the members are: federal charter, multiple common bond, organized 1971. 18,623 members of 74,438 potential (25.0% of the field); checking penetration 64% (share draft accounts per 100 members); loans per 100 members 70.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $518.6M |
| Members | 18,623 (-0.4% YoY) |
| Full-time staff | 63 |
| Net worth | $72.7M |
| Net worth ratio | 14.0% (p88 of band) |
| ROA (annualized) | 0.12% (p10 of band) |
| Total delinquency | 0.88% (p73 of band) |
| Net charge-offs (annualized) | 0.27% (p32 of band) |
| Loans / shares | 91% (p81 of band) |
| Cash / assets | 8.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.61% (p63 of band) |
| Operating expense / assets | 3.79% (p63 of band) |
| Vehicles % of loans | 10% (p12 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p7 of band) |
| Vehicle delinquency | 0.63% (p56 of band) |
| Vehicle NCO | 0.98% (p57 of band) |
| Repossessed % of vehicle book | 0.01% (p38 of band) |
| Real estate % of loans | 80% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 4% |
| Core shares % of member funds | 52% |
| Certificates % of member funds | 38% |
| Average share balance | $9,980 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.7M |
| Loans outstanding per 100 members | 70% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $30,449 |
| Loans granted, annualized | $126.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.7M outstanding purchased (2.4% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -1.5% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | losing money, delinquency rising |  |
| 2017-06 | 3 | charge-offs p90 | delinquency rising |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 2 |  | losing money |
| 2018-06 | 3 | assets shrinking |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 2 |  | charge-offs p90 |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 | loans>95% of shares | assets shrinking |
| 2019-12 | 3 | charge-offs p90 |  |
| 2020-03 | 2 |  | charge-offs p90 |
| 2020-06 | 3 | net worth falling, margin squeeze | loans>95% of shares |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 4 | net worth falling, members leaving |  |
| 2021-06 | 2 |  | margin squeeze, net worth falling |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 4 | net worth falling, charge-offs p90 |  |
| 2022-06 | 3 |  | net worth falling |
| 2022-09 | 3 |  |  |
| 2022-12 | 4 | assets shrinking |  |
| 2023-03 | 4 |  |  |
| 2023-06 | 4 | loans>95% of shares | charge-offs p90 |
| 2023-09 | 4 |  |  |
| 2023-12 | 3 |  | members leaving |
| 2024-03 | 1 |  | delinquency 2x band, assets shrinking |
| 2024-06 | 0 |  | loans>95% of shares |
| 2024-09 | 1 | loans>95% of shares |  |
| 2024-12 | 0 |  | loans>95% of shares |
| 2025-03 | 3 | net worth falling, losing money, delinquency 2x band |  |
| 2025-06 | 2 |  | net worth falling |
| 2025-09 | 0 |  | losing money, delinquency 2x band |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2026-06-16 [C&W: Credit union sells Nutley office property, potential redevelopment site, for $2 million - re-nj.com](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNQkdVd1RPVkhoR3kwd0Rld2s2aWtIblk2dnNrSG12by1ad09TT180TDJiQTFJNTlrUFNPenNmdTBuZTVaOEVNOFBLMC05ZHRfU242SmxVTkc1dzc1RUd3bk1pakttZnNGd1BtYTFMU0FmRjlWYkpXMklZMXRFYmg4ZlM2YXZIMnY3azBlNTRPbzctZHdjM1JDREl1S2NDYWVrZEdjQXQtdTJ1QQ?oc=5) · re-nj.com
- 2026-04-29 [Join Proponent Federal Credit Union for Member Appreciation Day Today - TAPinto](https://news.google.com/rss/articles/CBMi3gFBVV95cUxQdUVjT1lVNkQzZkR6SmRpdjk1Sk40VDQ5d1BxdjdRdllVM0wySzMxM1lHVG9RY29hZ1BXRlIxVmZWUFRHa0xwUndWTlkwWVBBQWQyNFRVYzloZ1BkRmxidjBZelA3WWROdUlFMzJXcFBfcHB6OUc5NWdzQXdYaTBLNmJTdjd2SElqZmo0eXBTcGlKdHZRZVcyN0VMTXNZbnFMZmpWa2pSc2JrZ0lPRFJ4QW1EdXpvSzZMSEZrakVNT3ExVlhuM3dOMEZEN0tNQWJmNGtUWFYyMzlVZTZWRUE?oc=5) · TAPinto
- 2026-08-02 [Residents Push Back Against Proposed Warehouse In Nutley - News12 | New Jersey](https://news.google.com/rss/articles/CBMiuwFBVV95cUxOXy1Eb3M4MS11SWNYVEtMaUtTSFc1VUk5dUVWNHBUbHg5aHJkc3ZQMURLSEEyQU03NVppSF9jS1g5R25vT3g3ZEt5ekpoQ3dKeHVESDREbEs1TXR0SHVjZmlWbVJhc195VDktc2VGcU9WOV83UGZ0MEQtZ0MwNFY0OGxMcV9ZODBSd0VBRzdVQXNad044SHByMHlPUVZESFhXVnVKaThJWVpuWi1FVVMzU2s1ZGFsZHUtU09F?oc=5) · News12 | New Jersey
- 2026-08-10 [Use A Proponent Credit Card During Nutley Restaurant Week August 17 to 27 - TAPinto](https://news.google.com/rss/articles/CBMi4wFBVV95cUxNOGlMektSQnpucV9qNTFnNldCZUtLZE5QUXFyLW0tekhYTFZ0aUFZTGpNZHhBLVR5NUp3b3A5ODJXZ3dvRmthdTQzMzM4RU1iRENESzZsRzc2cWVENkx2cFA4THFVTkdYakNmZktJTG5UMmNneFMwT1lYbEl2Qk9VMXdWOXdFdVVmYnZKeE5YT1BnRzRuSGpERE1XNFVDcy1leGQ4ZkdHbmhRSVdDb2Y5WmVLbktxRDdSNnppZTdMbWdvRXpzUzl5YXllSHlqTUEwR3BRdlFRTlBkV2dCdHdGSWVBSQ?oc=5) · TAPinto
- 2025-08-06 [Top New Jersey credit unions ranked by 2024 assets - NJBIZ](https://news.google.com/rss/articles/CBMia0FVX3lxTE9MNS1kWUVlSTczN2FTNTNCWmxfQlF3bXhHUGw3UXdleHZmNW54VTZKR3JyVHF1V2dpRGpub3FzN0RySEVvWExBWExCcHlmNExuX2NTdlB1X2g4MEdwVHZaOG83T3lFbEJCSmVJ?oc=5) · NJBIZ
- 2024-10-28 [Networking Mixer Draws Dozens At Credit Union’s New Member Center - Patch](https://news.google.com/rss/articles/CBMipAFBVV95cUxQU2VJYVd0ZUxSd1FPYW55NTZHdzdDSXBrVE9wWEVEbFhqYjhLU1NuZHZqV1pXS1prZFZqM1BDUjBydFplNGpkLXFBMDdRdHVwVUZNb0s5dlVqeVhDSHhRWGV3U3VBb043OHE0UXJ1ZjdSQmZycXlWX1Zacndta1V6UThwLV9hcjhDS1VLOTRQTDFzVHQtRlo0S0pXbzE1OGs1enRhVA?oc=5) · Patch
- 2026-09-06 [More than 1,100 sign petition opposing warehouse in residential neighborhood of N.J. town - NJ.com](https://news.google.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?oc=5) · NJ.com
- 2026-09-02 [A warehouse next to homes? Nutley residents are pushing back - New Jersey 101.5](https://news.google.com/rss/articles/CBMiekFVX3lxTE95UnZKTVY4NXFEVnB0VHl0WG9BVFMwMzlaZVI1TW9YenlHTWlma0hfanBEOHNuckdVQzNFWmpJZktmNk4wa0ZhQm1NTUIwWE1OeTJWMkV3XzJyT2FXdnVEYUcyMjN1UTRrU3VPLXFZUXF3WmlzcXhWRkZR?oc=5) · New Jersey 101.5

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=20448 (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/32.json (key "20448", 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=20448
- 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