# GENESEE CO-OP
ROCHESTER, NY · NCUA charter 23848 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/genesee-co-op-23848

Who the members are: federal charter, multiple common bond, organized 1981, low-income designated. 4,528 members of 47,500 potential (9.5% of the field); checking penetration 74% (share draft accounts per 100 members); loans per 100 members 29.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $47.8M |
| Members | 4,528 (-0.2% YoY) |
| Full-time staff | 11 |
| Net worth | $11.0M |
| Net worth ratio | 23.0% (p83 of band) |
| ROA (annualized) | 2.13% (p95 of band) |
| Total delinquency | 0.74% (p53 of band) |
| Net charge-offs (annualized) | 0.30% (p68 of band) |
| Loans / shares | 82% (p83 of band) |
| Cash / assets | 23.3% |
| Borrowings / assets | 12.26% |
| Net interest margin | 4.21% (p64 of band) |
| Operating expense / assets | 3.75% (p54 of band) |
| Vehicles % of loans | 16% (p10 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 2.41% (p83 of band) |
| Vehicle NCO | 2.40% (p94 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 75% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 1% |
| Core shares % of member funds | 85% |
| Certificates % of member funds | 8% |
| Average share balance | $3,644 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 29% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $20,047 |
| Loans granted, annualized | $5.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $2,266 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 7.8% year over year.

## Flags firing in the latest filing

- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | net worth falling |  |
| 2017-06 | 1 |  | net worth falling |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 3 | net worth falling, delinquency rising |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 2 |  | net worth falling |
| 2018-12 | 1 |  | delinquency rising |
| 2019-03 | 2 | delinquency rising |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 | members leaving | delinquency rising |
| 2019-12 | 1 |  | members leaving |
| 2020-03 | 1 | repo signal | thin capital |
| 2020-06 | 3 | thin capital, margin squeeze |  |
| 2020-09 | 2 |  | repo signal |
| 2020-12 | 4 | delinquency 2x band, delinquency rising |  |
| 2021-03 | 3 | net worth falling | delinquency 2x band, delinquency rising |
| 2021-06 | 1 |  | margin squeeze, net worth falling |
| 2021-09 | 3 | margin squeeze, delinquency 2x band, delinquency rising | thin capital |
| 2021-12 | 0 |  | margin squeeze, delinquency 2x band, delinquency rising |
| 2022-03 | 3 | net worth falling, delinquency 2x band, delinquency rising |  |
| 2022-06 | 2 | leaning on borrowings | net worth falling, delinquency 2x band |
| 2022-09 | 3 | delinquency 2x band |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | delinquency rising |
| 2023-06 | 3 | delinquency rising |  |
| 2023-09 | 2 |  | delinquency rising |
| 2023-12 | 2 |  |  |
| 2024-03 | 1 |  | delinquency 2x band |
| 2024-06 | 2 | net worth falling |  |
| 2024-09 | 1 |  | net worth falling |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | net worth falling |  |
| 2025-06 | 4 | delinquency 2x band, delinquency rising |  |
| 2025-09 | 3 |  | net worth falling |
| 2025-12 | 1 |  | delinquency 2x band, delinquency rising |
| 2026-03 | 1 |  |  |

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

- 2026-07-17 [Genesee Co-op FCU joins statewide small business lending initiative - rbj.net](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNdmUwWnVIc2xZTkhxakpCR0dQdS1QaEMtY2Rkd1FaRzdHTUJnX3JvcWIxb1BrOXNvUWItVThuTFpzSW14ZjNKTFc2QmNHUWUybzluOEtQSzcyWTI0RVkwZ3lVS0tiRmY3NGs2dThha200X3ZSdnlFZHJlQUd6bUJMWWpSeVY1aFpWXzhr?oc=5) · rbj.net
- 2024-06-03 [Why a Rochester Credit Union Wants the Local Government To Create Its Own Bank - Next City](https://news.google.com/rss/articles/CBMilAFBVV95cUxPNDF5X2J1bkMyVXJKMW8zTWJuSW1ZNGZrNFNsN1M3eVF2NG1TRVhFQ0g2cWEzSXJVdTM5dlhGUm9URzlhTHlpVUZxeTBuQlJObE1FMU52OWZwaFIwOVpqWTE5M3VCd3BZSUpQRXl3UmpQakRRNnJncFNxUHdtamtLVDRab205RnBrT1l3RzdTSU1HaVFs?oc=5) · Next City
- 2023-06-09 [New York credit union signs first contract with organized employees - American Banker](https://news.google.com/rss/articles/CBMitwFBVV95cUxQVk1JMU9fY3BjNnVBOVktVTFGLUVyUDktSXV3elRBTDdURzBoX21TaV9CN1dNNHEtMnh0UU5kOFBLT0tzUmdJSlk1SnFuV2xXQXJrck9mZlM2emRwRUV4YnFsdUxyalBGamJGLTQ1WHhiZVFXXy1wbG94SkpGOVM2aVFjaThtNVgya3VQNlR1Z2VlVHBjSVBCbTlrVVV3UUtFMFVJZVlDVEtNOURCb2txN2x4NFlGNk0?oc=5) · American Banker
- 2024-06-07 [Consumer Alert: CEO says a public bank would allow her credit union to help more low-income borrowers - WHEC.com](https://news.google.com/rss/articles/CBMiywFBVV95cUxOZlVaWDhlVDBMbVRJSTA4aldaZUxWSEVvdGdzMWt6WUVmMElOQ0xjbG5ISEJfLUozZ1J3VHJkckY4dFZSeVE5am53Q1NEZFpFN1ctRk95S21ZYk1HTmRma3ZFdXI4LXM4QWVlcjVWRVZaVW8xWEppekYxcllONHhPbmJkSjFHZ01JNV94Y1BNaXBDNWEza1g2QVlSbmdQNUhSZkVISmZaX1ZlX2I1YkhpRDdTWG41TFhjRllXZkYzano3X2JGTF84RDVidw?oc=5) · WHEC.com
- 2022-05-10 [Genesee Co-op Federal Credit Union purchases Weider Hall in South Wedge - rbj.net](https://news.google.com/rss/articles/CBMioAFBVV95cUxORVU3cVJHZmkxRC1GODNja0ROMHI4QWNoaUh2aGE3cHE5RDZqVzZWNVd3YWktS1Z4Wk5pd29Sb1hzakcwZnB6dlBqdjJ6MGtma3JNbDgwTlh0OVFWUGNYQ1AxcDhKVnhobFp0OEwySFJyQTNfY1haeTJPSldqb2xwclJ1SkRmUU5CZlotTXFTSkJXOExjUUFPNC1HNFE1X054?oc=5) · rbj.net
- 2025-10-23 [Bank Worker Organizing Gains Ground - Nonprofit Quarterly](https://news.google.com/rss/articles/CBMidkFVX3lxTE1acVJwQXZuQWJuSXhyTXV2WDhoaGkxeVNIRnI4dDlFbmhTUE5yVVhFSWpmTlh2eUxQb3JweHNjV0NpMmR3a0x2OTFpZ1ZJZmltRUQ0NXZDeEhKZVZFdTA3R3F2bnZhMUxNUTEtOG0yWnZOUkNqQXc?oc=5) · Nonprofit Quarterly
- 2020-03-23 [Cuomo: NY's banking system must be more inclusive. Why people are being shut out - Democrat and Chronicle](https://news.google.com/rss/articles/CBMi6AFBVV95cUxPbXBmS05FQUx5WnMzUC1lUjF6cW55Vmo4Q09oLVNDS0tKUkllb1JnSXlUOF8yand6ekhRbS10UHUydE1KbWhsMWp6cTZPdmhRckJSWjFCRUJwY2ZwdklIekloNTQ0MmJpUFFhS2FDZXk4aGxKQUtBZVNzdVNNOWJsYkNZWTNVUlhQdmJ0bS1jcEpET3FncVY4NHB4OWM4eXdKaG1FVWVQeUlkTlV5VV9IWE5ZZ3ZDTkhmWjNURWVnTkVjSTJjd1dkVXYwM2RSRFdnQktxYWVranBUVE9VNTF3Sks4YkNRcHN3?oc=5) · Democrat and Chronicle
- 2026-04-29 [The Biggest Community Development Financing Program You’ve Never Heard Of - Next City](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOdXpyemFkTW0tVDNxT3NlWjZnMWR0RGNxaVB4VGRRWERlZ2pNT1ZqQnFqQ3QxSnZlMTgxVUdWOVFIekcxYndSTFd1NEsydUlfbURSVFpua2RKYTZNVUZYT3E4cHJ1alhCS3YtZE56SHZmam15V1ZJTGhPM0F3T2w2Q000VWdUY05XOXQtNk5XRm5IYktxaDB4TlVoVl9vTjRyT3BkX2g3dHcxMHc?oc=5) · Next City

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=23848 (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/40.json (key "23848", 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=23848
- 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