# SYRACUSE COOPERATIVE
Syracuse, NY · NCUA charter 23865 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/syracuse-cooperative-23865

Who the members are: federal charter, multiple common bond, organized 1982, low-income designated, minority depository institution. 3,685 members of 146,097 potential (2.5% of the field); checking penetration 56% (share draft accounts per 100 members); loans per 100 members 57.

**Verdict on the desk:** this could be *fortress*. 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 | $47.4M |
| Members | 3,685 (1.9% YoY) |
| Full-time staff | 29 |
| Net worth | $6.0M |
| Net worth ratio | 12.6% (p35 of band) |
| ROA (annualized) | 7.68% (p100 of band) |
| Total delinquency | 5.69% (p94 of band) |
| Net charge-offs (annualized) | 0.11% (p59 of band) |
| Loans / shares | 93% (p93 of band) |
| Cash / assets | 14.8% |
| Borrowings / assets | 4.28% |
| Net interest margin | 4.86% (p83 of band) |
| Operating expense / assets | 7.53% (p95 of band) |
| Vehicles % of loans | 8% (p8 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 3.96% (p91 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 77% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 44% |
| Core shares % of member funds | 58% |
| Certificates % of member funds | 11% |
| Average share balance | $6,197 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 57% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $17,534 |
| Loans granted, annualized | $8.2M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $9,777 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 9.9% year over year.

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, losing money, expense trap, delinquency 2x band |  |
| 2016-06 | 7 | capital below 7%, loans>95% of shares |  |
| 2016-09 | 6 |  | losing money |
| 2016-12 | 6 |  |  |
| 2017-03 | 8 | losing money, delinquency rising, members leaving | loans>95% of shares |
| 2017-06 | 9 | loans>95% of shares, leaning on borrowings | delinquency rising |
| 2017-09 | 10 | net worth falling |  |
| 2017-12 | 6 |  | capital below 7%, loans>95% of shares, net worth falling |
| 2018-03 | 5 |  | members leaving |
| 2018-06 | 5 |  |  |
| 2018-09 | 5 |  |  |
| 2018-12 | 8 | capital below 7%, net worth falling |  |
| 2019-03 | 5 | charge-offs p90 | losing money, capital below 7%, net worth falling |
| 2019-06 | 6 | loans>95% of shares |  |
| 2019-09 | 5 |  | charge-offs p90 |
| 2019-12 | 6 | assets shrinking |  |
| 2020-03 | 5 |  | assets shrinking |
| 2020-06 | 7 | capital below 7%, net worth falling, margin squeeze | leaning on borrowings, loans>95% of shares |
| 2020-09 | 7 |  |  |
| 2020-12 | 6 |  | net worth falling |
| 2021-03 | 7 | charge-offs p90 |  |
| 2021-06 | 6 |  | charge-offs p90 |
| 2021-09 | 4 | charge-offs p90 | capital below 7%, margin squeeze |
| 2021-12 | 4 |  |  |
| 2022-03 | 3 |  | charge-offs p90 |
| 2022-06 | 4 | net worth falling |  |
| 2022-09 | 5 | charge-offs p90 |  |
| 2022-12 | 3 |  | net worth falling, charge-offs p90 |
| 2023-03 | 4 | delinquency rising |  |
| 2023-06 | 3 |  | delinquency rising |
| 2023-09 | 4 | loans>95% of shares, leaning on borrowings | thin capital |
| 2023-12 | 5 | thin capital |  |
| 2024-03 | 5 | net worth falling, members leaving | loans>95% of shares, leaning on borrowings |
| 2024-06 | 4 |  | net worth falling |
| 2024-09 | 5 | loans>95% of shares |  |
| 2024-12 | 4 |  | thin capital |
| 2025-03 | 3 |  | loans>95% of shares |
| 2025-06 | 4 | loans>95% of shares |  |
| 2025-09 | 3 |  | members leaving |
| 2025-12 | 2 |  | loans>95% of shares |
| 2026-03 | 2 |  |  |

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

- 2022-09-14 [Syracuse Credit Union adds new location, hopes to serve more people - WSYR](https://news.google.com/rss/articles/CBMirAFBVV95cUxQRjgtU2JtMW1pX3c3R0JTTm9rYi1RR1d3VFMtVjRMYWZ6U29pU2RrbFpGR3pub2tTZDhkeVQ1UjYyZGtFTEdBQjljYlZaSlZCMFBsdkFTTnlXV0tua3FJdW43OC01YmxmOVJ3clpFV2d6OWhYTHJIdWk4SmZLenJYeEtWaFl4b2Zha08xY0NHb1k0YmxzRWRfYkNaOFY0SFV1THBkRW9TczFYMC1N0gGyAUFVX3lxTE54NkFzSWR3SHE2ZFVWeEhfUXNQYWtLUjUwQklTeGMxQUlsZWhrX2JQWE1aX0xFQjQ4OF9LUGRsZWVXcFVoSmV1eTF6YVluRjNmR2NMbThmS0JaQUx2RlQyTHRXamRsdTZ1ZDJaZF8tblFkTW1waDBwS2o4VlpUbzBLTGdnTzVWdUpYYVl0OUpHMFQ4X2lVbXR6NUpkaGtuMW1Wb083V2ViSmdLaFhCWFIzWGc?oc=5) · WSYR
- 2023-07-21 [Central NY’s only minority depository institution to mark grand opening of new Syracuse office - Syracuse.com](https://news.google.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?oc=5) · Syracuse.com
- 2025-10-30 [2025 election Q&A: Syracuse Common Council at-large candidate Hanah Ehrenreich - Central Current](https://news.google.com/rss/articles/CBMipwFBVV95cUxORnduV0RoaHZOUEpDX01GTGptVjl0QVV6YlJheFgzc2ZuOVhxSENoUUJWZU1XRm1OUGw4MS1zMUFVck9ieTVtMDRqNjZEdlFfdVgtU2VDQ3FqMzlfTm94NlNVNGY2aTNiWjQ0cEdxOWRLb1lSM2dCS29XTGktbl83UmFIZVZBSlFYemJwa1pPOC11RXhmT3pFQWhsOE00R2tldUFYM2haVQ?oc=5) · Central Current
- 2015-05-09 [Man charged with robbing Syracuse Cooperative Federal Credit Union - Syracuse.com](https://news.google.com/rss/articles/CBMirwFBVV95cUxQSUhqV0FYYVdNaEN4bUhIRHp2RGFOamJsaHdJWGdpZWNkOVRfYm9YQ0xicUpkNXN5ZkM5eXZITWJHZ1RPY3JydGR1b2VBZHVvUTJ6R1ZCX1RiZV9BXzBaTC1ZTzY1WTg3TUlFSDNfVjR1RWhtaV9wbHVyN0MzS3Rjb3QxNDU3QU1BNXRDZU53TU5YUzMtajZENTRRQUFSTWVwNzkzVWNBQmtYZUF2VjBV?oc=5) · Syracuse.com
- 2021-01-12 [Christina Sauve on leadership: Hire people who challenge you and then really listen - Syracuse.com](https://news.google.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?oc=5) · Syracuse.com
- 2023-06-23 [Company news: Frank Cetera hired by the Democracy at Work Institute - Syracuse.com](https://news.google.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?oc=5) · Syracuse.com
- 2026-04-08 [Four Democrats file to run in primary for Syracuse Common Council - Syracuse.com](https://news.google.com/rss/articles/CBMitwFBVV95cUxQRHBFUEtNckVmcGw0ekU1c2pna1I5NjBPcEFuakNGUWQ3MWNvQnRWaVN3YXVOTVpRTEpWaTNFLWQyTWE1MzJia3dSYkViRzh5eHlxdW9IcnBtZzM3YnVLa0NZRGptQmVhUXpnbmRPTDNnX1VQTVIwekRpWGxWUUxzRFNrTzFPcmlVRGxKclU1cmQ4cnlaUzRYY2k3ajZndnBVVHViczBoOXViTjFsRVBvU2pRODZJQ0E?oc=5) · Syracuse.com
- 2026-05-01 [Syracuse council primary is a 3-person race after ruling keeps newcomer on ballot - Syracuse.com](https://news.google.com/rss/articles/CBMizAFBVV95cUxNbjJoY1RBb3dveTMxenN6NlllVDZpRjdfRmtfbGdvZDhtdFJrdmszM2NWVXl5T253WjIxQmlBakRCN0ZDeUcxVDkzZ0g3WmRFa3ZmaVRqVVYxRllIanFZUVNGRHg3QWtkYjFPVk53SWttNFRZZzBpekJiX0hwSGc2M3NNMVBDejlQNGYwNWFDSnhMUXdKdzBjaFNBVjd4Tk5NNkVFMEw4UXlBdURZMUdycHhsdVJ5YnJxd2pRcUhpd3A4Wm56UTdWa0F4b0Q?oc=5) · Syracuse.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=23865 (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/57.json (key "23865", 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=23865
- 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