# CONNECTICUT
NORTH HAVEN, CT · NCUA charter 23411 · asset band <$50M · latest filing 2019-12 · stopped filing after 2019-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/connecticut-23411

Who the members are: federal charter, multiple common bond, organized 1979, low-income designated. 1,516 members of 5,000 potential (30.3% of the field); checking penetration 33% (share draft accounts per 100 members); loans per 100 members 26.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $7.7M |
| Members | 1,516 (-6.2% YoY) |
| Full-time staff | 2 |
| Net worth | $694,562 |
| Net worth ratio | 9.1% (p14 of band) |
| ROA (annualized) | 0.04% (p21 of band) |
| Total delinquency | 1.82% (p73 of band) |
| Net charge-offs (annualized) | -0.20% (p3 of band) |
| Loans / shares | 11% (p2 of band) |
| Cash / assets | 18.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.62% (p17 of band) |
| Operating expense / assets | 3.47% (p47 of band) |
| Vehicles % of loans | 23% (p13 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 0.00% (p13 of band) |
| Vehicle NCO | 0.00% (p21 of band) |
| Repossessed % of vehicle book | 0.00% (p44 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 23% |
| Unsecured % of loans | 64% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $3,115 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 26% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $2,008 |
| Loans granted, annualized | $369,181 |

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, delinquency 2x band |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | members leaving |  |
| 2017-06 | 4 | charge-offs p90 |  |
| 2017-09 | 3 | thin capital | members leaving, charge-offs p90 |
| 2017-12 | 3 |  |  |
| 2018-03 | 2 |  | delinquency 2x band |
| 2018-06 | 3 | net worth falling |  |
| 2018-09 | 4 | members leaving |  |
| 2018-12 | 4 | delinquency 2x band | net worth falling |
| 2019-03 | 3 | delinquency rising | losing money, members leaving |
| 2019-06 | 4 | members leaving |  |
| 2019-09 | 3 |  | members leaving |
| 2019-12 | 2 | members leaving | thin capital, delinquency rising |

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

- 2026-06-04 [Nutmeg State Financial Credit Union seeks return to federal charter to push growth beyond CT - hartfordbusiness.com](https://news.google.com/rss/articles/CBMi4wFBVV95cUxOZXJLVnd6VVhZeUlkYjhzRExEeGZsS0NPdWxoQnM4a2FQakRmaFFNWVNpS25McDNHdnp5VjJIVEt5QWRIcVNmQlc4ZHZvWlVoZlZQelAwMnRIVkdaU3kzWTI1QWd5b0JlUjZZN3lhb1hWSkloc3czWE5tQlo1bi1KemxLNzhtcVN5Z3l6b1ZlcGNSbV9oTEgwLU1iSVdGaWhwTmJBRnBlcDBnendDbGtxMGxuaGRyZEYwcWlHR3NBVThHclJnalFHR015ajFyWndEMnJKdHNweGRFQ3VveFQ4N0pMWQ?oc=5) · hartfordbusiness.com
- 2026-04-15 [CT LIVE: Nutmeg State Financial Credit Union's Merge with Crosspoint - NBC Connecticut](https://news.google.com/rss/articles/CBMizwFBVV95cUxNUE1nUzJ3Vm9vdVFJWGxpMlUtOWc0WmRPWVRoazYwMFlJbkhMY3N6R1pFNEhrRlVkLTdIZ0ZqcTV5dnBQZzlaYy03MjdRbXVJNEpGeW56LUlDbWt4TUdUOG91SjRGMkYtRUw3bHd0WGthWjRxcHBqVlBnUmFraGE2cldDaTJ4aF9mc0xsMmZLcHR5RF9jNXNsMmRqbG55ejBaVHo4aEZTblBwM1dKQlI5R21qYm9jUzVaZW5oR0ZlZXpkbnM1TDY3S1lxa2lUUW_SAdcBQVVfeXFMUGpzNTNMMjU0UjhRWmM5RmtGT2RiWW5MaUROalFvN1VYVG92RWxxQnlQMXlLSFZoMUFDU3lTR1o1SkYtZF9RbzhENUR6UXJTNmgwVXdaQVZKYmJyWEllOWRCVXVPbzU0aEowd3VRT2xWYnNQT2I2ZFp2SlFEM1I5S2I1Y2NtaU9Id3NDQXQwVzVwdHpJUVFyUnlkdmJybGZTY1ktenprNmYwdmlrREc2STNSUURpM0FDRDZvODVnaDE1YWd4bVlMMjZEMUluZGVUcGpfSTVOcXc?oc=5) · NBC Connecticut
- 2026-06-23 [Are you prepared for CT's Hot Housing Market? American Eagle Financial Credit Union has tips to navigate this complicated process on Live. Work. Play. - fox61.com](https://news.google.com/rss/articles/CBMi1wJBVV95cUxNVGwyS0tQRzJNVFNmQ09sMFVraHExQ1VfUklZTFRfR0YxMlNBMkktOXV4SkhkT0N6Ui1lemlFVGNWbG53ekxycTBHQmRsbnQySWxkSk10MHNJcUFjbHFfcEZxX3FhTXZmVHRkYlBfN25LRHJYRFcxbERfc1V5cDdEU1lONEhZa2lmc0JCcU5saXlDbUl1Szd0QUlpMVp4Z1U1dWVMU2VxN2JxdDd5eXNHaW1lc3ZWbndFaDlYa3l0dU1jbWFsbFRnejhCVm4zRE9zNi05d2pfdFUxcURWYVA1cXRpN0lJTGhXdmQ3cjdKOTJYZHBrMlBpM2ZTeTNqV3lkaW1ma19BN2VJY3RVbGVfMGE1SjZmV3hyVkpPcW5YTzNqdm1yckE1d2l3cU1TdmFrU2puMFNfcVlSdF9ZODgyZVRrMW80MmgzUDZSOHVyMmttM1FSRXJr?oc=5) · fox61.com
- 2026-06-09 [CT credit union seeks broader reach through charter conversion, name change - hartfordbusiness.com](https://news.google.com/rss/articles/CBMisgFBVV95cUxQOEtXTC1fel83bG9FZmhaN2hVYjB1emMzQzlnME1jNUhWaXU0MUFnT284bU16WVpyNDdxejBocS1rVk9VR0s2V1pRSnZsS28tZ3E4Mm9hVkJCUE8xakRvWE1SU0JvYW5wVVBHYko3UGNxODFFYXdsdWpFbEprX3BPUDh4TDQ1b3NiN0UtUEpxOFBNWnhwZkdoUUhsdkh6UElLQUFiT0piLUY0Wm9XakhGOTFR?oc=5) · hartfordbusiness.com
- 2025-12-01 [Connecticut credit unions with 65,000 members complete merger - ctinsider.com](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNdVptUVVsd3hwanRwbFM2RC00b0pZSnI5N20ySWRnRk5xcXYybjRNYldaUzY4dG9KdW5FRGRpcmE3NHBxZVdTSHdEdjVOODRjMzNvQ3BTcWVueUl4bG1uQlBhakVrOUkyQlFGNnQxZjJ4Z2R1M2VvTVYwajY3NkpxblV4aHpPX1dNQm1hY0VoOE9uS3NIVExtSy1iQTlWalBLdERZSTlodjQ4UQ?oc=5) · ctinsider.com
- 2026-06-16 [Albert Ferretti Obituary - Southington, CT - Dignity Memorial](https://news.google.com/rss/articles/CBMiigFBVV95cUxQbmtfd0JjaFpmQmFLTU5TTTdPal9TcHdvTzdLMFdIYU5rQlVJQWRSNS01aFJPQVU2QklOcVRwc3hYLU5VY1AyU3NaZ3ZxeUZvUExCUmd2bXFvV1RJcDhNcDJOdmNSbjhSTElpREN4TVplVVE3X2M3aHlpYUd6NDg0ZTFFcG52MmxEcXc?oc=5) · Dignity Memorial
- 2026-06-30 [State orders CT credit union to fix years of governance lapses - hartfordbusiness.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxNY005b3oxVXZwUUdObjg1QjRDNERQNzBDZFBXVk9yZE94TXpTQU9rR0Z2ZkhJQ3ZraWFrei1na2xPTkQ2S0pFY3hrc2NuckRqOXpudjRFTVhDdmRkYVA0N2tBdktBb1VpekZoaEZhUldsa1RWUFV3bmpCcDk2QmdTV09CblpUZHlEZk1VNkpYMW9pRU5pVnNmU0IxSktDRWJ3OGc?oc=5) · hartfordbusiness.com
- 2025-12-02 [CT credit union robber ID'd by distinctive facial mark, police say - ctinsider.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNNGVCbFV5ZUYwbzRHLWJDZXF3eUZEY3RjOFBqbEx2aGVWY1VQMnF1THhVenNibDNXQmtJMExzUkFQT2hBVmEweFAxSEZLTDVkN2hNUmFxRFlIMnliTjNRbkM5VTF4M2Q0WjNQSnBfaXJ5Zk1kVERBSGJFNjhGLVNQV1JsNWt2ck94Y3ZKM0xVbTNqN3VIWnBjNnVmN2FYb0RNMjBibmNqU3U?oc=5) · ctinsider.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=23411 (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/51.json (key "23411", 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=23411
- 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