# UFIRST
Plattsburgh, NY · NCUA charter 20613 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/ufirst-20613

Who the members are: federal charter, community charter, organized 1971. 10,445 members of 219,764 potential (4.8% of the field); checking penetration 64% (share draft accounts per 100 members); loans per 100 members 60.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $125.9M |
| Members | 10,445 (3.4% YoY) |
| Full-time staff | 30 |
| Net worth | $19.4M |
| Net worth ratio | 15.4% (p84 of band) |
| ROA (annualized) | -0.27% (p6 of band) |
| Total delinquency | 0.71% (p57 of band) |
| Net charge-offs (annualized) | 0.61% (p74 of band) |
| Loans / shares | 91% (p90 of band) |
| Cash / assets | 0.6% |
| Borrowings / assets | 2.78% |
| Net interest margin | 5.04% (p97 of band) |
| Operating expense / assets | 5.91% (p96 of band) |
| Vehicles % of loans | 54% (p78 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 69% |
| Third-party paper % of net worth | 221% (p87 of band) |
| Vehicle delinquency | 0.92% (p68 of band) |
| Vehicle NCO | 0.86% (p68 of band) |
| Repossessed % of vehicle book | 0.18% (p85 of band) |
| Real estate % of loans | 26% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 90% |
| Certificates % of member funds | 5% |
| Average share balance | $5,430 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $5.3M |
| Loans outstanding per 100 members | 60% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $15,838 |
| Loans granted, annualized | $31.2M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $5.3M outstanding purchased (27.3% of net worth), $37,701 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -11.9% year over year.

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **assets shrinking** (`shrink_assets`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 2 | net worth falling, delinquency rising |  |
| 2018-09 | 0 |  | net worth falling, delinquency rising |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | delinquency rising |  |
| 2019-06 | 1 | net worth falling | delinquency rising |
| 2019-09 | 0 |  | net worth falling |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 0 |  | net worth falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 3 | net worth falling, losing money, margin squeeze |  |
| 2021-06 | 2 | 3rd-party paper>100% NW | net worth falling, losing money |
| 2021-09 | 1 |  | margin squeeze |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 3 | net worth falling, delinquency rising |  |
| 2022-09 | 3 | expense trap | net worth falling |
| 2022-12 | 3 | leaning on borrowings | expense trap |
| 2023-03 | 3 | net worth falling | leaning on borrowings |
| 2023-06 | 2 |  | net worth falling |
| 2023-09 | 2 |  |  |
| 2023-12 | 1 |  | delinquency rising |
| 2024-03 | 2 | assets shrinking |  |
| 2024-06 | 3 | delinquency rising |  |
| 2024-09 | 1 |  | assets shrinking, delinquency rising |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | delinquency rising |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 3 | assets shrinking |  |
| 2025-12 | 1 |  | delinquency rising, assets shrinking |
| 2026-03 | 4 | losing money, expense trap, assets shrinking |  |

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

- 2022-04-25 [University Credit Union Rebrands to UFirst - The Daily Utah Chronicle](https://news.google.com/rss/articles/CBMijgFBVV95cUxOVXRNUFRVeEJaMmJMVTN3alZfaDdoVjhrQy1PVjUzWVhLZUdGU1Y2REZrUnlGM0FabkNrRExHcFo0NzRfTWFCd00wTkstNWNzdGZMTHE2d1NjQWhtQ1FWOG15Z1d5S0hndThTMzFEd2o3cS1OeVRva2FRcllWUUpTUlIyQzRtVUsxM0IyUjJR?oc=5) · The Daily Utah Chronicle
- 2025-04-11 [America's Best Regional Banks and Credit Unions 2025 - New York - Newsweek Rankings](https://news.google.com/rss/articles/CBMijwFBVV95cUxQeEk3TUd0LUd6YTZiZkFaSGpRRzdDVHVzUWdsaDJuUzVmSHBBV1I4X2dQTHh1ckdQWklQdnpzMDh3UHBkaE9RQTBNV1piUUJQYWkyVXVUd2k1dGpncWpQTHR6Qmp4UGZKSENYNWx2MkxueTJIY3I3S01JQWlnbnhsQXNsSFgxRnl5b1VXdnBTSQ?oc=5) · Newsweek Rankings
- 2023-08-18 [UFirst Federal Credit Union gifts $100K to YMCA - Press-Republican](https://news.google.com/rss/articles/CBMizgFBVV95cUxOWjY3UVV1dUlab3lhUlZES3hQSVhHaEQxZ0l3cHlmQXZWdUF2M1lCaHQ5MU13ay1KYXZRMXUyQU1Zb1ZuWEc4SHo0YXBJVnJzOFNBMlZONDNDQl94OEVEZWhJOWVUYTJabjh3ZjRKWWJMT09veHpSbWtxZUM1eUNkZ1VTVVJWdmxhM1A4QUFhRTZkWjdMYzhOaFhDN09hZlRmQjZmNFZ3MnBQQm1ITC1vZzhkY0ozUVl2bEZWem5DNm8yYzVxempIYWsxZTlhQQ?oc=5) · Press-Republican
- 2025-04-08 [Best Banks and Credit Unions in New York 2024 - Newsweek Rankings](https://news.google.com/rss/articles/CBMijwFBVV95cUxNb212dUhhR3pDMkNtN3FPUzlCeGFpT1lpSVVrbDZaQm5objlZVnctN1lzU18zRnJsRWY5TGlFOGVHeVZsb09SLXpReGRCeGtaaGdsWnlvU0FTVk5DZWwzTVVpQlFSNk9nZnVrcXFRYnNrTlZlRnNZc1F1b1c2em1UVlJrNjBFa3pnc01zYUpaWQ?oc=5) · Newsweek Rankings
- 2026-02-15 [Plattsburgh releases 2026 events calendar - cnhi.com](https://news.google.com/rss/articles/CBMifEFVX3lxTE1WOEpyTHM4QVJGanNmMFFXZU03bHFHR0JvdHRnR21JWk9waTFzQ3BYNUNjaE9oQl96YTYwbTNlUUlmSWJlS0pWSnhtLTNoX1U1VF9FRmdIcldlMDlzUmlPUXZxYWtoOFZzMkpJU2g1TEFzQXJVMFFkNzRaQmo?oc=5) · cnhi.com
- 2016-05-23 [Victims identified in deadly Plattsburgh apartment fire - WPTZ](https://news.google.com/rss/articles/CBMimgFBVV95cUxQN25mT0lsR3M5UUtaaHRTQkJ4UGFJSkJQSVZzSjAwajFpQnI1WU1mcGcyR3BjeURaaUdVRFlKenhTSzhoSndsVUNTRjkzZjAzZXlLQjVwVnRRaFRHbGp6V1JLamozVjdoNHRCbjdPczFvTzQ2ODVBeUhlZzVmWWxkRmMyM1lQSVpyb3I1b3M1UjNUbWlFWC1XcHV3?oc=5) · WPTZ
- 2018-08-10 [Students test financial wisdom at Reality Fair - Press-Republican](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNajFOVDJ5eFdPc0EyTEtUM0hZNVp5a0FWYXJ4aEktSmw2NUNBZ3JSY2FZbEVZN0xjQmVwcjZKSzdmb0dkMVIxSWJMR2kzbkhOVU1QZTBKMF9JY3dmdjh0QldhS09kUW1VX1JEdGU3a25WR1p0Rngzb1cwVU95T0NBYzZNNHNTRWVhRFJfLTZ3ZEFCLTItRmNkVktqTGV4bFA0bVM5OF9RMkFsZGhMenFFankwYmNjUGp3dTdlTzZCeGstRDlWTUczQV9MUGJNRTNEM3lCeG1EOWttOEhk?oc=5) · Press-Republican
- 2026-07-14 [Michigan Fest returns Aug. 1 - Press-Republican](https://news.google.com/rss/articles/CBMitAFBVV95cUxObmRjSl9KMTFzUERpQ1ljRTNsZ0pKRTB4Y2FqdkEzczl0eFJjaXdaZUlZaGE1M2JhUkM1dnoxekxXU2c1WGJoRzNPdTk2SGFtYzBsNXhrTS1FYjFqMkFOSU5QVnNuYllYTUlXYnFJUUtFcURmQVVLNlphWUdPUk0yakZFNlg3ZXBFWnJOZ3UxOEZPM01DTkxuYTNuS0ZRREZMT0RqWUhaUW80R3B6bDRvRGZsVUI?oc=5) · Press-Republican

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=20613 (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/5.json (key "20613", 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=20613
- 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