# ESL
Rochester, NY · NCUA charter 24563 · asset band >$10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/esl-24563

Who the members are: federal charter, multiple common bond, organized 1995, low-income designated. 485,309 members of 1,607,236 potential (30.2% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 61.

**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 | $10.64B |
| Members | 485,309 (6.1% YoY) |
| Full-time staff | 1013 |
| Net worth | $1.69B |
| Net worth ratio | 15.8% (p96 of band) |
| ROA (annualized) | 1.36% (p83 of band) |
| Total delinquency | 0.81% (p42 of band) |
| Net charge-offs (annualized) | 1.00% (p67 of band) |
| Loans / shares | 73% (p21 of band) |
| Cash / assets | 1.2% |
| Borrowings / assets | 26.16% |
| Net interest margin | 2.99% (p50 of band) |
| Operating expense / assets | 2.53% (p50 of band) |
| Vehicles % of loans | 34% (p83 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 93% |
| Third-party paper % of net worth | 88% (p50 of band) |
| Vehicle delinquency | 1.05% (p67 of band) |
| Vehicle NCO | 1.92% (p83 of band) |
| Repossessed % of vehicle book | 0.29% (p96 of band) |
| Real estate % of loans | 35% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 58% |
| Core shares % of member funds | 57% |
| Certificates % of member funds | 17% |
| Average share balance | $6,361 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $3.6M |
| Loans outstanding per 100 members | 61% |
| Loans granted per 100 members, annualized | 19% |
| Average loan balance | $15,253 |
| Loans granted, annualized | $1.44B |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $3.6M outstanding purchased (0.2% of net worth), $2.8M sold and retained. Sold in 3 and bought in 0 of the last 8 quarters. Shares 6.5% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | leaning on borrowings |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | assets shrinking |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 1 |  | assets shrinking |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | net worth falling |  |
| 2019-06 | 3 | delinquency 2x band |  |
| 2019-09 | 4 | delinquency rising |  |
| 2019-12 | 3 |  | net worth falling |
| 2020-03 | 5 | losing money, margin squeeze |  |
| 2020-06 | 5 | net worth falling | losing money |
| 2020-09 | 4 |  | delinquency rising |
| 2020-12 | 2 |  | margin squeeze, net worth falling |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 4 | net worth falling, margin squeeze |  |
| 2022-03 | 3 | charge-offs p90 | net worth falling, margin squeeze |
| 2022-06 | 3 | delinquency rising | charge-offs p90 |
| 2022-09 | 3 | losing money | delinquency rising |
| 2022-12 | 2 |  | delinquency 2x band |
| 2023-03 | 2 | margin squeeze | losing money |
| 2023-06 | 1 |  | margin squeeze |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | net worth falling |  |
| 2024-03 | 1 |  | net worth falling |
| 2024-06 | 1 |  |  |
| 2024-09 | 2 | net worth falling |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 1 |  | net worth falling |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | net worth falling |  |

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

- 2026-01-12 [ESL Federal Credit Union Announces 10 Executive- and Senior-Level Promotions - Greater Rochester Chamber of Commerce](https://news.google.com/rss/articles/CBMixgFBVV95cUxQT0N4a3RTYWJXelR6V1pNV3ZPSUc4Y0NrQTNiYUpUVXRvdjlyNzhtOU1QWC0wQlpBeGRaMDJjaHFNV1Ruc0E1aUZ1MU0zYnAteUhXc0pzeFpMUENWQVBJbFM0QXdBT3JCcGtQTms4bTR2ZDZCMWtnaENDWFgwTE5SR1RrYWJHcVdBcndESGM3akZFNFJiaGVKYlE0ZU9oeE5JQ0ZwVlVOWHotVTc3MDZscWdGZ2ZoOE51MXZ3MmphdzRpSXJBVUE?oc=5) · Greater Rochester Chamber of Commerce
- 2026-01-05 [ESL completes $26.2M acquisition, expands regional footprint - Rochester Business Journal](https://news.google.com/rss/articles/CBMiowFBVV95cUxPUGRLeUlsX2JyVUJzT29FMXZLcldDWXBTS0RCMnVDbHp6bjNodmRTS25leVZxUjE2allKOGVBdV9BbnBQbTFCUXlBakRKdHJTR3lBQnVUbzRtMVBYb0Y3SkJXUHNzamZjVGdod21uUlYzUTljMGJDUXhkc084RzJDQm9fN2lIRFRJbnlvQy1wNnM1TmFtS2VSMTBIZmFfWUVCcTQ0?oc=5) · Rochester Business Journal
- 2026-04-03 [Scammers target ESL customers with fake texts asking to verify accounts - WHEC.com](https://news.google.com/rss/articles/CBMihAJBVV95cUxQNVJ1bDZmWlRCbkRCZmdSdjlteGxScWxtU3BYU3ZLVGtNbXhJZHVjbkRIazNxWVVqZzhfaEZOSmJxYXREQ3o4eVA4UFpCUm9JTlpWYi04RkJ0eWlkeXJwVFdvU3VZLWZka20zMDJZR0hKLVZROWFVMEh5VEVMaDNBenNlWERBQjFEeGtLSlJyenl4WFRFTDh2VC01dDhFS0JqZ0ZJclhTNDlDODVDODNyQlVrd3BxUjNHSXpYS2N4akJXRFRlR1A2WHNqS0xhS0hCV25hX3l3am5RbnR6dXNtTm0xWHM5bldNM2JVbGRTNVg4bjBqUGJxd2p4WmFmaHZiX2NhXw?oc=5) · WHEC.com
- 2026-01-02 [ESL Federal Credit Union starts in Medina at former Generations Bank site - Orleans Hub](https://news.google.com/rss/articles/CBMingFBVV95cUxNbTNtQ3J1Mm5peFh5eFJ3MU03dWNURzBCdTVNWFlIb1kzVGtqSl9Ja0NwZzU5NWMtaDd0NkF5VWl1OEtqVTlnbXZkTUxNMDFzbFZUYnhtQ1RoV0NocmZRM1g2SFAwRlRQSmtGdW5YazFUX1h6ZThJZFpvaVJoUHJreWplLUx1T2lPMkVMRHNzNkg0Y3JoTjV4c20zWXk0dw?oc=5) · Orleans Hub
- 2025-10-27 [ESL opens newest branch in Rochester - 13wham.com](https://news.google.com/rss/articles/CBMingFBVV95cUxQM1BkZFNFTTAzSGhkME5HNjhLYTlxbnZ0cEdpY3RBVFplVjlqMGo0Y1Z3aE55QWFoUmVfajhTQUVxLUQ1Sl9hdDVwRXJGQnpvUUI1NW4teUFnWFJUMy1CVk5kck92YXBpWFZnM1dKeU50NXN6S3c1a1hvUGgzUGZyY3plSGJ5cHJFRWJKTW1iaXVSaTlranBVVVJUbHQwdw?oc=5) · 13wham.com
- 2025-10-15 [$6B RIA Alesco Advisors Acquired By Local Credit Union - Wealth Management](https://news.google.com/rss/articles/CBMinAFBVV95cUxPN3BnaDlaMllqZUtsQ19hSE5XNmZkZDdPNFZBc1U4NWxndHBVWWJ2V29PTW1lT3ZtT2FQRmtMMjhZNS1sVmt1MFBvMFZscUhzLTJ4M25tZlJma3JJS2xSbVBFSkJ2Ml9jaVNJLVRJczN3YlVWYU9KUmNWdVNoUmJUN2RhVE04czlqaXhIRUhKa0NIM0swU1gxbUdzZ28?oc=5) · Wealth Management
- 2025-10-01 [Bank opens new branch in Bull’s Head to support long-underserved Rochester neighborhood - Democrat and Chronicle](https://news.google.com/rss/articles/CBMi2gFBVV95cUxPOUl6Z216VHAtcW0xS2lrc0hjRjFIQWJPZmh1XzVzRW9BNnRqMFhZSUpYdnltb1REaUF0cUtvYmlUbC1JR3lkVXk4VEUzZWtYNFo2V1Rub3VlWl94SFltYXdqSkZ0ZDdnSWgyeHNxb3lGWVpsMzc3UG9xR214SmFrOTJwb3JiMnFEbGJDVjhPUld1ZnZjQ1VUVEF5TFBZRUJReFQ2MGo5ZjQwVnM4V25TaFNsUkd3YS14NFJkNEU4ajhsR0VvOURwNHhYNlJKbjlZTWZNM2lBU3FnZw?oc=5) · Democrat and Chronicle
- 2025-10-06 [ESL charts path forward with new CEO - Rochester Business Journal](https://news.google.com/rss/articles/CBMikAFBVV95cUxPNmNlQlRycGllWHFRdEZrNGxkcjNNQUNHaFNvbjQtcmFWVWJEaVU1OUlhbEFYRWI4VG82TEZYa1N4azlaX2dLaUhrVjFsVXRwOFVaM1hJQjBrUzlCSnJ3T3pnNjhXYkRPWXhwTm5pUDJ3ZG5sTWlpTUFYT0ZNaEVmLWdXYm9JRG1sb3pGSmxDcTE?oc=5) · Rochester Business Journal

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24563 (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/51.json (key "24563", 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=24563
- 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