# FIRST CITIZENS'
FAIRHAVEN, MA · NCUA charter 24254 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/first-citizens-24254

Who the members are: federal charter, community charter, organized 1937. 42,903 members of 1,000,000 potential (4.3% of the field); checking penetration 72% (share draft accounts per 100 members); loans per 100 members 28.

**Verdict on the desk:** this could be *quiet fade*. 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 | $697.0M |
| Members | 42,903 (-3.8% YoY) |
| Full-time staff | 142 |
| Net worth | $140.6M |
| Net worth ratio | 20.2% (p99 of band) |
| ROA (annualized) | 0.76% (p60 of band) |
| Total delinquency | 0.42% (p33 of band) |
| Net charge-offs (annualized) | 0.32% (p40 of band) |
| Loans / shares | 72% (p27 of band) |
| Cash / assets | 34.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.41% (p45 of band) |
| Operating expense / assets | 3.35% (p37 of band) |
| Vehicles % of loans | 16% (p21 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 99% |
| Third-party paper % of net worth | 46% (p36 of band) |
| Vehicle delinquency | 0.95% (p74 of band) |
| Vehicle NCO | 2.04% (p84 of band) |
| Repossessed % of vehicle book | 0.29% (p88 of band) |
| Real estate % of loans | 73% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 27% |
| Core shares % of member funds | 69% |
| Certificates % of member funds | 16% |
| Average share balance | $9,178 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $18.6M |
| Loans outstanding per 100 members | 28% |
| Loans granted per 100 members, annualized | 1% |
| Average loan balance | $33,531 |
| Loans granted, annualized | $37.2M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $18.6M outstanding purchased (13.2% of net worth), $1,751 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -0.4% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

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

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

- 2025-07-29 [First Citizens' Federal Credit Union partners with DLA to help increase financial literacy among kids - Fall River Herald News](https://news.google.com/rss/articles/CBMi8gFBVV95cUxQM0xtckNnNXZkbDhNeGFDdXMwNk85cjQxMVRrS0ZUVHZPWXF1ck9wc1JmVmttVjFHV3Z6YVVsV3pFd0pkT0FxdWhPZU5BSWlSWjdoY2k4T2FwM2RBSEJaQks5bFlDd1laMUlRX0haOEhXcExCNGhFSU4xOFNsQlVTZFhWdHNiR1U0SU0yMHNpWWkwVGU0dXU0TE85UG16dEp1WDRSbW9sNzBNUms0b1ppS2hpTXRJMWc1TjB5NTBNMW9zRzUtbDBkYmlYcGJWaFR0TUVwaFV1TmZRMmQzb3NBakNvREo5TS1fNGRCMWlzUHFydw?oc=5) · Fall River Herald News
- 2025-11-28 [Why Boston is the next battleground for First Citizens - American Banker](https://news.google.com/rss/articles/CBMilAFBVV95cUxPbldBeHE1NGRKNU9qcGphMlYtdC1FVFh0YW95TUliWml2TnhtNFI4c3Y1Nnh6dGx3TVRFNkpnR2JVdVVUTDRFb20waDRtMmVacUowN1hheTRhS0NZMmZLOF8zVWdGa1FuNG9BbUFVT24za1ZJMEM4elgxQmRjZVM4S2stNzV1Q2RkT3NmWVp5bGJSWTE1?oc=5) · American Banker
- 2022-07-10 [Bank exec Peter Muise, 67, was a tireless advocate for New Bedford’s homeless and a dedicated community leader - The New Bedford Light](https://news.google.com/rss/articles/CBMi0gFBVV95cUxPRnBpekRPa25wX3EwcDFxZkFKaldrQUVwX0ZiVEpwNlF0YUhqN3FFYkc3cW1NUTV6WWdxU05XbFl6QW1aSkplbEI5OEhheDI5M1Qya1JjOTZjVXUxaERBTFpfclpXdVhndEx6N1lva3dIU1BPaTh3MUhqZ0ZBanJ0MDlmVWVJcndlV1V2Z19KVENzY3pORzJONGc3MklaQXpGQzE4aEdhc1J3cVFaeVBacGRNcTlLaUJZYWpYQ05QSVN2cEx6U0JvX0txRFQwQzNiLWc?oc=5) · The New Bedford Light
- 2015-01-12 [Massachusetts Law Enforcement Agencies Seek Christmas Eve Bandit - fbi.gov](https://news.google.com/rss/articles/CBMi0gFBVV95cUxQSlVfTHBoVU14VXJqN09ZV2FGQUxFVUExcnloUUVmbzc2Tl90SU5tYWRmakQ2dVV3RWxONWwxU2R4eG5qLXdVSks1Y1Y1eW8wRnZOWFp1NHktbm9iZUVaVk9Pd1FYQVZjaldwQXcydWdWam42ejI1SHNZMWhaX1hSazFkMU8yR3FnNDZZanZCRkR4aGozMXVmaDk0X3AyVG9QcDEtN3c5Zno1QUlzdW5GbGUzQUlPc3lJVGZoLVBCWVVMLVp2NlREY0RjWkluSnpSblE?oc=5) · fbi.gov
- 2019-10-26 [Vieira named New Bedford North Branch Manager - SouthCoastToday.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxOZWNiUWxXcjQxa0J2cFJNTDlXT3FnaS1PNnZuV0ZLWjY4MEI0TEFIcnZEZllCVC0xdmpPT0QtTDJWTnBBOXFULW1pNWw5a2FvQzEwSWtiM3FPRXhub0VCeGJWN19NVVNkZFZWdEt0WHF1aXhjaFA1WnJoVlpKbGFNUktsd3dBbi01bVFxQVlzZ0NTTjdsZk1PQUhhQlVhaTQxMVE?oc=5) · SouthCoastToday.com
- 2019-08-27 [New Accessory Dwelling Unit Loan Program Offered to Local Residents - CapeCod.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxOYmxQTWNzcFJrZUxjWTY3R0I2T1NsRkU3VEtXSDI3NlZEY0s0NXZXS1J3LTFWWENRQmNtc2N5Sm1FQmxuX29MUERlb2ZTZDZMdGRqQ2FzZEplZU1yUURBN253cnhrT2g5QUNyWTRaemVqLWVHRl9uZFNhQ2J1cVpqVk5ST3lsblZyazFBTHVrYlNReGxPVGlWUlVfeE1rckFmQjdFSGJ3?oc=5) · CapeCod.com
- 2022-07-08 [Peter J. Muise Obituary - Cape Cod Times](https://news.google.com/rss/articles/CBMiYEFVX3lxTE1VS3FnZWIwRWZaR1lYT2tFaXViY3d1M3lUYVVJSW1jMElEcElTUEQ2NkE4MjFRNC1GeEhpSV9LUlgyMUUzLWJQUlMxcWkxdnRhUnlWZGNYaERORlZEVjM1Nw?oc=5) · Cape Cod Times
- 2024-12-07 [Barbara Whitehead Silva - wanderer.com](https://news.google.com/rss/articles/CBMibEFVX3lxTE5MOGtad0hnUWlNTTJ4SGZnVlF3SzVpSHpGa0pZUDYzcGV3dXdHTEE2MjdIZlJKZjdtTG1YTE0wZ3BxVExYSmhNMHNIdXFFWllIRXE5WndONXFJYnc5NHkyTkxBN1RRbHFEWHJMeg?oc=5) · wanderer.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24254 (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/62.json (key "24254", 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=24254
- 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