# NORTH COUNTRY
BURLINGTON, VT · NCUA charter 24312 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/north-country-24312

Who the members are: federal charter, community charter, organized 1950. 78,661 members of 400,000 potential (19.7% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 61.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $1.13B |
| Members | 78,661 (5.1% YoY) |
| Full-time staff | 212 |
| Net worth | $107.2M |
| Net worth ratio | 9.5% (p21 of band) |
| ROA (annualized) | 0.50% (p30 of band) |
| Total delinquency | 0.81% (p69 of band) |
| Net charge-offs (annualized) | 0.46% (p44 of band) |
| Loans / shares | 89% (p59 of band) |
| Cash / assets | 8.1% |
| Borrowings / assets | 1.77% |
| Net interest margin | 3.80% (p82 of band) |
| Operating expense / assets | 3.87% (p82 of band) |
| Vehicles % of loans | 28% (p55 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 51% |
| Third-party paper % of net worth | 136% (p49 of band) |
| Vehicle delinquency | 0.71% (p60 of band) |
| Vehicle NCO | 0.79% (p38 of band) |
| Repossessed % of vehicle book | 0.00% (p11 of band) |
| Real estate % of loans | 48% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 69% |
| Core shares % of member funds | 45% |
| Certificates % of member funds | 35% |
| Average share balance | $6,108 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 61% |
| Loans granted per 100 members, annualized | 20% |
| Average loan balance | $18,711 |
| Loans granted, annualized | $396.6M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $1.7M sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 6.7% year over year.

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | delinquency 2x band |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 0 |  | delinquency 2x band |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | net worth falling |  |
| 2019-06 | 0 |  | net worth falling |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | losing money |  |
| 2020-06 | 3 | thin capital, net worth falling, margin squeeze | losing money |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 2 | delinquency 2x band | net worth falling, margin squeeze |
| 2021-09 | 1 |  | delinquency 2x band |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | 3rd-party paper>100% NW |  |
| 2022-12 | 1 |  | thin capital |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 2 | delinquency rising |  |
| 2024-06 | 2 | net worth falling | delinquency rising |
| 2024-09 | 1 |  | net worth falling |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 2 | net worth falling |  |
| 2025-09 | 1 |  | net worth falling |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2026-06-10 [Best Certificates of Deposit (CD) in Vermont for 2026 - moneyrates.com](https://news.google.com/rss/articles/CBMiX0FVX3lxTFBDWENUZE1nNWlhelNfZUNaUi1nYmV6OEZMTDFGMzR2czFJaWpjUTFQekRGMHN6Sk1jaUJWZWd4MzU1VVVhTVNxTXN0cXJiYUFOYlVQOFl4VWs1UERoeFRn?oc=5) · moneyrates.com
- 2023-08-22 [Credit union offers bank accounts for foster youth - VTDigger](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQclE2bTZiSU9fVnV1R0NCVmRVanlPS2RKSHAwaElIM2ZWbG9LMkxpRDlWRnp6V0JuYXdGSTVaanUxcHNkQVdQOF8teTYyellmOUNmM3lCeFktMWgtbktoUW9hQkJweUgwT1FSbEhmbVNQaTFNN18weXBsQzAwTE1HT1ZSbXJHSEJHT3Fj?oc=5) · VTDigger
- 2023-04-16 [Credit union rolls out ‘Halal Loans’ to help Muslim Vermonters - WCAX](https://news.google.com/rss/articles/CBMimAFBVV95cUxQb1ZpeVZVcVJXSXFwZ2FPNkV3Z1hLZEFWNzlCMktxeDhlR1BlR3o2b0JJdEJCREY5aGJUM0hERzRSemo2X29renNaQTBxWU96eWExa1dNNVZtdlFkd01jOTdKWjdmRUZVRHdZYXJMaWpZbTNoUEVSanZZU2k3VGpfWGdWMVBFWUpWRGRHRS1SUkhRZXRROFIzRtIBrAFBVV95cUxNcldaR3ZxSDN6VFllUy1JTVNLNlp3Zjdtc0VJNTQwSkpMblZ3U3hJblZiTnEyY1dJb2tTRE9kM0NsSWVkaUZXc2lWQzJXanNtMkhzNVlRQ2kxZVJBaURhNDFwWXdwNDJ5TVhOUlhYRmdTWkl2YlRZTmRraEtQc1E2Ty1MSUVlT0FrdUU0Tk5UM3dzd2U5bFhiZUdpMzNrRjlWYmw0elB6NlNYNFE0?oc=5) · WCAX
- 2024-03-15 [Police investigate three bank robberies in one week across VT - WPTZ](https://news.google.com/rss/articles/CBMigAFBVV95cUxNMGJWNGZzZUVQY0piVnlNdy1XRW1FMWZNM1A1a1VyUVZueFpwUEdkN09Qc0tCOUIzaktQS29CTGg3cmlJcWM2Q2hDRnhobWl1OTFzT0ZxczRPNUVNaE1iVXdTNGVOOTNObGF4bEZPajRfNjlBRGVNUkwwR0p1TFRZVw?oc=5) · WPTZ
- 2024-03-15 [VSP: Bank robbery in Alburgh - Vermont Business Magazine](https://news.google.com/rss/articles/CBMidEFVX3lxTE5kTjE0QXM4aDNObUVDdE1kQ1ZNM1h5S2k0eTR2enJ3YzB0aHlWZU9ObzRrVjZqYVN5NzVSbkRiWGU2MmxHUDFidlBzRjZUZG5DZGV5cEhuQVZJMDFJdVR2Sjl2WFA3eFpxZ0tER2ZCQUloQlVk?oc=5) · Vermont Business Magazine
- 2025-11-14 [Brenda Bryce Obituary Nov 14, 2025 - Goss Funeral Services](https://news.google.com/rss/articles/CBMiWkFVX3lxTE52a2hGYzc2MnBOT0RhRFplbFU1M0NpUEJ5eUlPRXVSdG45TFFiWWpqY0hyQTBfb29XZ3BoVG5HeEhNRjdVQVptb2hPLVM0NHowaDlFQml4Vzg2UQ?oc=5) · Goss Funeral Services
- 2026-06-08 [Brattleboro among those hit by $500,000 bank and wire fraud case - Brattleboro Reformer](https://news.google.com/rss/articles/CBMi4wFBVV95cUxPOEtrX2VMR0EzRFRmOEwwQ0NERUlUZmlHRzNtT2RPWlN2aDZxMmFrckdXR2g1eERPY3NCOV8yNWV4dWlTWk9GcUtqZWF5eVZyaWkyTklvaDdpYVdhZ25rekh0cTJWOXVKTDRHamR4YW8yRmpCVG04SlBNMW5uYUY4dkVUNGVVMW12bnRzNWcwZjJwR01wZnVaZGszc0JhVExLVF9kSkcxTV9UMktJMnRYOUVvb2lVUlBsMU9zMG42Z2Z2M0d1X19DV1V4R3A2MUZVQ2U1Z3Y0RmtseDFOaGNKcTRYcw?oc=5) · Brattleboro Reformer
- 2023-02-16 [SeaComm welcomes new employees, staff promotions - North Country Now](https://news.google.com/rss/articles/CBMilAFBVV95cUxQb3hydVVRTGd4TWhyMUttR0Y3cVVQYmg2a2p4UWtkaFBQR1JkcklSR3FIZzl6ZEJRRC15NG9pUk5uSEJLcU0ycTExZEl0UjBYQlZIeEh0QTQxQlZWSUJ1Y1ZBSE1wNTdObmhmQTZwajl3WndYX1JrVXBqYVctZU1QRXlrRGp2UTdkVWw5YUdtMllIRTJr?oc=5) · North Country Now

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24312 (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/56.json (key "24312", 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=24312
- 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