# QUORUM
Purchase, NY · NCUA charter 22769 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/quorum-22769

Who the members are: federal charter, multiple common bond, organized 1977, low-income designated. 74,268 members of 2,417,442 potential (3.1% of the field); checking penetration 17% (share draft accounts per 100 members); loans per 100 members 51.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $1.31B |
| Members | 74,268 (8.8% YoY) |
| Full-time staff | 156 |
| Net worth | $129.6M |
| Net worth ratio | 9.9% (p31 of band) |
| ROA (annualized) | 1.79% (p98 of band) |
| Total delinquency | 1.95% (p97 of band) |
| Net charge-offs (annualized) | 0.47% (p46 of band) |
| Loans / shares | 83% (p41 of band) |
| Cash / assets | 10.6% |
| Borrowings / assets | 1.06% |
| Net interest margin | 2.56% (p11 of band) |
| Operating expense / assets | 3.03% (p39 of band) |
| Vehicles % of loans | 2% (p1 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 94% |
| Third-party paper % of net worth | 210% (p69 of band) |
| Vehicle delinquency | 1.68% (p93 of band) |
| Vehicle NCO | 16.43% (p100 of band) |
| Repossessed % of vehicle book | 0.43% (p95 of band) |
| Real estate % of loans | 74% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 8% |
| Core shares % of member funds | 56% |
| Certificates % of member funds | 33% |
| Average share balance | $10,727 |
| Participations bought / yr | $0 |
| Participations sold / yr | $664.8M |
| Participations outstanding | $29.7M |
| Loans outstanding per 100 members | 51% |
| Loans granted per 100 members, annualized | 29% |
| Average loan balance | $24,467 |
| Loans granted, annualized | $1.37B |

## Participation posture (from the same filings)

Bought $0 and sold $664.8M in the latest annualized quarter; $29.7M outstanding purchased (22.9% of net worth), $168.1M sold and retained. Sold in 8 and bought in 0 of the last 8 quarters. Shares 11.0% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **repo signal** (`aq_repo`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, losing money, delinquency 2x band, 3rd-party paper>100% NW |  |
| 2016-06 | 5 | loans>95% of shares |  |
| 2016-09 | 5 | net worth falling | loans>95% of shares |
| 2016-12 | 4 |  | net worth falling |
| 2017-03 | 7 | delinquency rising, charge-offs p90, assets shrinking, loan book shrinking | losing money |
| 2017-06 | 7 |  |  |
| 2017-09 | 6 | loans>95% of shares | charge-offs p90, loan book shrinking |
| 2017-12 | 7 | charge-offs p90 |  |
| 2018-03 | 6 | losing money | delinquency rising, loans>95% of shares |
| 2018-06 | 6 |  |  |
| 2018-09 | 8 | members leaving, loans>95% of shares |  |
| 2018-12 | 8 | net worth falling | loans>95% of shares |
| 2019-03 | 6 |  | assets shrinking, losing money |
| 2019-06 | 6 | margin squeeze | net worth falling |
| 2019-09 | 6 |  |  |
| 2019-12 | 5 |  | margin squeeze |
| 2020-03 | 5 |  |  |
| 2020-06 | 6 | net worth falling |  |
| 2020-09 | 5 |  | net worth falling |
| 2020-12 | 5 |  |  |
| 2021-03 | 5 | expense trap | charge-offs p90 |
| 2021-06 | 6 | charge-offs p90 |  |
| 2021-09 | 6 |  |  |
| 2021-12 | 5 |  | members leaving |
| 2022-03 | 3 | margin squeeze | thin capital, expense trap, charge-offs p90 |
| 2022-06 | 5 | expense trap, loans>95% of shares, leaning on borrowings | margin squeeze |
| 2022-09 | 4 |  | expense trap |
| 2022-12 | 5 | thin capital, net worth falling, expense trap | loans>95% of shares, leaning on borrowings |
| 2023-03 | 3 | repo signal | thin capital, net worth falling, expense trap |
| 2023-06 | 3 |  |  |
| 2023-09 | 6 | charge-offs p90, assets shrinking, loan book shrinking |  |
| 2023-12 | 6 |  |  |
| 2024-03 | 5 | net worth falling | charge-offs p90, assets shrinking |
| 2024-06 | 4 |  | net worth falling |
| 2024-09 | 3 |  | loan book shrinking |
| 2024-12 | 3 |  |  |
| 2025-03 | 4 | net worth falling |  |
| 2025-06 | 4 |  |  |
| 2025-09 | 3 |  | net worth falling |
| 2025-12 | 2 |  | repo signal |
| 2026-03 | 3 | repo signal |  |

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

- 2026-05-06 [Quorum Federal Credit Union Announces its 2026 Board Officers - PR Newswire](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQYldiS1B5UHdNX3ZXMHpWdzB4NlJqWWEyOHRWNUJQckQ2T18tOWZhZzZEUnZsbnFRcTRta0JaOUh2YzB1V1pxYnlUUGFMUDczMWs0SG9XbFdnSXRKdGNNeGN6UGh0NGd2alZROThtaXQyclB0WHctTjNFdTI0WUw4Z3VhUmJ4RnBQdktuY2J4UVZSNEpWWTdYS25CTmd2YkowSHk2SXpnNUdQMWZ6VFZFZUVvM1BMeklI?oc=5) · PR Newswire
- 2026-03-25 [Quorum and Glia Redefine Phone Banking With Always-On, Intelligent Voice Support - Business Wire](https://news.google.com/rss/articles/CBMi0gFBVV95cUxPT2xUMTVjdzVNN1VMdlBWNnR5NzgxU3BITjhQT3ppdWVFLWVzN2hsRXZRZllzUThyRGgtZHdPNXpVTUhPNGZHVld0TDg2Q2UtcG5LMjZaTTdPdFlCUGoxQmpjclNtRUNsSmxKTG1XYnhSTmR0RkRNdDU0VzFBVGstX1pnTVlkQzJ0dG51NS1fdEJTeFdsX3N6N0hPVHRoVTdBU2dCaFVDYTNFUjZDV0RxdmNkbzR4Z3ZBbVdzZm94N0hLeUdrUFgzYVoxWEJSUTFsMmc?oc=5) · Business Wire
- 2026-06-03 [Quorum Federal Credit Union Builds Reusable API Integration Layer with Flowgear - PR Newswire](https://news.google.com/rss/articles/CBMi0AFBVV95cUxQeVg3bTU0akdyVFJBaU0yVUlJVnlRYlN5RDVjQ1pNRUt0ZGZFQ0tkdngwNllPU0dlNm1WbUdaZGF2Q1JlWWhKWlJyZS1sdHRFTTkwYVFNQkY4VXJaajRnU1pUZXdlSmpUdkZ0RVlvREtBdTcwdEd6VGlsZ25zTGoxamJCUnRwT2ljSzg0R095YklwVFFjZ2RoZmxkNGVTUEU3UUVCZW90cEVjdVNLbXJ2dll4eVZIbWMtOHZVUGx2V3lYNmlCeW9hS3hhb3FMRGIw?oc=5) · PR Newswire
- 2026-04-08 [Quorum Federal Credit Union Appoints Tyson Blackburn as Chief Operating Officer - Yahoo Finance](https://news.google.com/rss/articles/CBMiowFBVV95cUxORXRqUWFMV0lIWmcxNjh2dExSMWEyUExMSUliYmdKYXlZNFhfcHV5LUZURzdqaHhMMUNzNFpwZ0F4OEIxaERlczJtVjVSMFhfbkdBUm9tZW1CVHhLdFFUZEp3VGF0V2RUZGpoZTBVRzhxd2EtTFpxU2hscEV3ZTU3T1pKaVRraGFFUnhpdnl1Ynh4RmRXd0F2WXJJcng0VDFzSXZn?oc=5) · Yahoo Finance
- 2025-08-13 [Quorum Federal Credit Union Review: Pros And Cons - The College Investor](https://news.google.com/rss/articles/CBMifEFVX3lxTE1zdmhEeGk5OWVTbVJhRGdPb3NEVllldUZQWEJacnZPS1I0Qkx3WTZnUkJBMzdZZV9MTVdDNHloWTNwTGs3eGdUWjd0cUJla3dVUzNuY0lZT1FEblFWWW16TGhOTHFqakIzRVJUVnA5Y3ZTbWZuVzMzYzZkRjE?oc=5) · The College Investor
- 2026-08-13 [The Best Credit Unions Of 2025 - Bankrate](https://news.google.com/rss/articles/CBMiYkFVX3lxTE5ib0NLcS1PRHlua25MWkZkdDZ4bkxOeDZWZHlHenRLeTZjV0p3LW5OSUFOZ0QwQmpwZDJMMGdsQ3NFR25GeVNic0F5bnkzNHdLdTNxQUpWYXlmcEZiQ2lscVBn?oc=5) · Bankrate
- 2021-07-02 [Quorum Federal Credit Union to Appoint Jeffrey Pachter as CEO - citybiz](https://news.google.com/rss/articles/CBMioAFBVV95cUxNS1g1SmFqNG5QLWw2ZDYzUUwtcHVZZTBsall0U1B0T2d3NnVLMllQQ3VSb3pKaVJqNVliSlVPVDRBVW4wS0NXOGttM1dadkpBRHgzTWhZSERNWFVzT2FGeDc4WGtVcDN5dmx2YmMyMHFNOXFsWmU2RWFlMEFtVGJqOExFb1M5N1h0XzdOWlJvUlhiWTN4RDRPSTZnMmVnY0Nr?oc=5) · citybiz
- 2025-02-26 [Quorum Wins Prestigious Bankrate Award for The Best Credit Union of 2025 and The Best Savings Account of 2025 - Yahoo Finance](https://news.google.com/rss/articles/CBMijAFBVV95cUxQY3pLVHZkVmVHMUJUVE5NaTJFVnhjREJCWTVQYWtjV1dZbHdUd3o4OGtNWUo0cU50ZU5jX00yLWdlb1Y2R2NyNzNRVlBRdVRDODI4dmQwOXNoY2lEMzBXWGE3elkxQU9XZWd4VU9yNDFaYjJlb0hyM0xUckc5U0lneFJ3Mmx3ZEdVMkd5Vg?oc=5) · Yahoo Finance

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=22769 (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/49.json (key "22769", 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=22769
- 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