# FREMONT FIRST CENTRAL
FREMONT, NE · NCUA charter 24280 · asset band <$50M · latest filing 2018-09 · stopped filing after 2018-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/fremont-first-central-24280

Who the members are: federal charter, service (single sponsor), organized 1953. 4,598 members of 60,000 potential (7.7% of the field); checking penetration 39% (share draft accounts per 100 members); loans per 100 members 35.

**Verdict on the desk:** this could be *too clean*. 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 | $39.8M |
| Members | 4,598 (-2.2% YoY) |
| Full-time staff | 8 |
| Net worth | $3.9M |
| Net worth ratio | 9.7% (p23 of band) |
| ROA (annualized) | -0.31% (p12 of band) |
| Total delinquency | 0.21% (p25 of band) |
| Net charge-offs (annualized) | 0.32% (p58 of band) |
| Loans / shares | 46% (p30 of band) |
| Cash / assets | 19.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.08% (p9 of band) |
| Operating expense / assets | 3.21% (p44 of band) |
| Vehicles % of loans | 23% (p14 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 3% |
| Third-party paper % of net worth | 3% (p90 of band) |
| Vehicle delinquency | 0.60% (p52 of band) |
| Vehicle NCO | 0.94% (p85 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 66% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 78% |
| Certificates % of member funds | 5% |
| Average share balance | $5,022 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 35% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $10,298 |
| Loans granted, annualized | $6.5M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 1 |  | losing money |
| 2017-03 | 2 | losing money |  |
| 2017-06 | 0 |  | net worth falling, losing money |
| 2017-09 | 1 | members leaving |  |
| 2017-12 | 0 |  | members leaving |
| 2018-03 | 2 | net worth falling, members leaving |  |
| 2018-06 | 0 |  | net worth falling, members leaving |
| 2018-09 | 1 | losing money |  |

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

- 2021-06-10 [Evelyn Cochran Obituary (1925 - 2021) - Fremont, NE - Fremont Tribune - Legacy obituary](https://news.google.com/rss/articles/CBMilwFBVV95cUxPMWtFZHB6eG9oUXJ2N2VSbktpa3BaaFpleUR6ekJBeGlDQ0FVUzZndW12S3BRR0VIM2lzeVdfMmdlVTVVdDR1TEZESjBETFVyZzNhUDZtOG0wMnUzNEIwWDFlOGwyd0FrSXNpNzE0SGlPbjE2SFU4RXRpd3JNYzl4UWpoYnVPVDRtVzlicHRKUkcweTFwUWtN?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24280 (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/24.json (key "24280", 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=24280
- 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