# NEA
BARDONIA, NY · NCUA charter 22548 · asset band $50-100M · latest filing 2017-06 · stopped filing after 2017-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/nea-22548

Who the members are: federal charter, multiple common bond, organized 1976, low-income designated. 13,213 members of 50,000 potential (26.4% of the field); checking penetration 41% (share draft accounts per 100 members); loans per 100 members 24.

**Verdict on the desk:** this could be *stressed*. Composite score 10 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $95.4M |
| Members | 13,213 (-6.0% YoY) |
| Full-time staff | 30 |
| Net worth | $4.1M |
| Net worth ratio | 4.3% (p1 of band) |
| ROA (annualized) | -4.51% (p1 of band) |
| Total delinquency | 9.79% (p100 of band) |
| Net charge-offs (annualized) | 2.07% (p97 of band) |
| Loans / shares | 68% (p58 of band) |
| Cash / assets | 12.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.50% (p77 of band) |
| Operating expense / assets | 6.07% (p97 of band) |
| Vehicles % of loans | 2% (p1 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 238% |
| Third-party paper % of net worth | 72% (p73 of band) |
| Vehicle delinquency | 3.64% (p98 of band) |
| Vehicle NCO | 0.00% (p8 of band) |
| Repossessed % of vehicle book | 0.00% (p35 of band) |
| Real estate % of loans | 60% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 72% |
| Certificates % of member funds | 8% |
| Average share balance | $4,060 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 24% |
| Loans granted per 100 members, annualized | 31% |
| Average loan balance | $19,069 |
| Loans granted, annualized | $11.0M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, losing money, delinquency 2x band, repo signal |  |
| 2016-06 | 4 |  |  |
| 2016-09 | 6 | net worth falling, expense trap, charge-offs p90 | repo signal |
| 2016-12 | 8 | capital below 7% |  |
| 2017-03 | 11 | delinquency rising, assets shrinking, members leaving |  |
| 2017-06 | 10 |  | delinquency rising |

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

- 2017-09-05 [Affinity Federal Credit Union Merges with NEA Federal Credit Union - PR Newswire](https://news.google.com/rss/articles/CBMivwFBVV95cUxOT01BYTFGdG1lNWR4Y19aUEkxWlNza0VkOHRldU9paGRUbEtFSG8yLVE4b28yMElEVm9QdG1oX3Jya1F0VGQybk9OdlV0UjJ3UmotUDRrZWJuVGp4Q3RLUG5pVWhmcHd3bzMyM193MERDUTY5ajBYNmx6Q3J5czhNMV9BZkxCQnVGZU1yLWFnU19WYURhdWt6LWVjV3hRLVlHMFIyU0c3c3NtSDk4eW1ubnR2U0tTZVdKMEY3LWlmUQ?oc=5) · PR Newswire
- 2026-05-06 [NEA RateSmart Credit Card Review 2026: It’s Got Great Potential - Forbes](https://news.google.com/rss/articles/CBMijgFBVV95cUxNTmM1MTR2OEpBNTlRQTFGeUYzR2w4dXFMSFg2bk5vYnVvUS11NXptRElnWENLWWpXbUJTcms0aWk2N0NkU1FkWnZ0UHNreE5PUk5xUHQ0Rm5Td19BQl8zZFc4a29xWW1lUnBwWHlmSV95VDExeVVfT0dzV1JwRGVQaTQtaU9hTDVOenNxUFN3?oc=5) · Forbes
- 2021-02-02 [Narmi, a fintech that helps banks up their digital game, is looking to double headcount this year after nabbing $20 million from a backer of Salesforce and Plaid - businessinsider.com](https://news.google.com/rss/articles/CBMisgFBVV95cUxNYXdCbFFfWURvZmtWLW1WcUstYVhjUVBtSFlMNmlRWlBuM001Rjc2X1E5SnYyRlI0UXY4OE5RRGRCS0FCdUlraVJZenlqWnltZXItc3puTFBDRWNtRUhXNGg4a2kwWTNwLWt6d1RfSmVqdXRvQ3Z1WlQ0cFVxTXJ6QnFaa05JZ1M5bXBrSENZS3g5dk05Ujl6THNpTGxFX1dMNmkxYV9fd0Q0QUowODZMMmp3?oc=5) · businessinsider.com
- 2022-06-15 [Narmi raises $35 million - Coverager](https://news.google.com/rss/articles/CBMiWkFVX3lxTE1RckpaZ3U3c3p5aG1WYlFidzRNTGcyel9KQXJsZ1E0R1hIN3BzN3VhVmlZSTUzSnkzTTJ0U3BJbldDRkMtNzFtSEZJLWViVlJvQzZNNUFnVzJxZw?oc=5) · Coverager
- 2023-09-14 [Richard Walter Obituary (2023) - Herrin, IL - The Southern Illinoisan - legacy.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxOUWEwRm52dFRiTHllTFZGLWd2ZkdDUG5LLUdTa0F6Z2JQN1BvRFNpMkFsc2d2NGxFRl8zeGNOMU1SRFl3c0FrY1Jpd2Zra015V244M29vTlVGVkFtOWQ5dWdEdFZVelpCdjFEMWhwcF9FQUFsZkxkQ3Y0Zl9GYVFSdDlMdkd2YlBWNVdRM3hiSEZwX0E?oc=5) · legacy.com
- 2013-03-21 [Fitch Street Property Sells for $750K in Norwalk - Patch](https://news.google.com/rss/articles/CBMijgFBVV95cUxQUUJYXzlDYzhuUk5GLTVZU1ByenRsVmdKazZaNUtRQk5qaWYwNTJWaUpoUS04cGFjMVMzSjdobUFCeHV4MzhGR29RSzE4V0ZaYWJPY3NUQlcwWVBZZDlHenJHV3BtMFNwN0txR2JQVGJlSnEyeUh5U29NcFl0OUtwbVdNdjB6VnVydEUwTHhn?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=22548 (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/20.json (key "22548", 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=22548
- 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