# MASSMUTUAL
SPRINGFIELD, MA · NCUA charter 24566 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/massmutual-24566

Who the members are: federal charter, service (single sponsor), organized 1962. 13,582 members of 30,000 potential (45.3% of the field); checking penetration 69% (share draft accounts per 100 members); loans per 100 members 78.

**Verdict on the desk:** this could be *participation buyer*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $350.0M |
| Members | 13,582 (1.1% YoY) |
| Full-time staff | 33 |
| Net worth | $38.5M |
| Net worth ratio | 11.0% (p47 of band) |
| ROA (annualized) | 0.07% (p9 of band) |
| Total delinquency | 0.75% (p63 of band) |
| Net charge-offs (annualized) | 0.29% (p41 of band) |
| Loans / shares | 71% (p44 of band) |
| Cash / assets | 11.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.25% (p2 of band) |
| Operating expense / assets | 2.29% (p7 of band) |
| Vehicles % of loans | 18% (p17 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 25% |
| Third-party paper % of net worth | 58% (p43 of band) |
| Vehicle delinquency | 0.96% (p76 of band) |
| Vehicle NCO | 0.19% (p19 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 77% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 33% |
| Certificates % of member funds | 31% |
| Average share balance | $10,054 |
| Participations bought / yr | $31.8M |
| Participations sold / yr | $0 |
| Participations outstanding | $12.5M |
| Loans outstanding per 100 members | 78% |
| Loans granted per 100 members, annualized | 82% |
| Average loan balance | $20,409 |
| Loans granted, annualized | $92.0M |

## Participation posture (from the same filings)

Bought $31.8M and sold $0 in the latest annualized quarter; $12.5M outstanding purchased (32.6% of net worth), $0 sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares 6.8% year over year.

## Flags firing in the latest filing

- none

## 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 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | delinquency rising |  |
| 2019-09 | 0 |  | delinquency rising |
| 2019-12 | 1 | delinquency rising |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 2 | net worth falling, margin squeeze | delinquency rising |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 |  | margin squeeze |
| 2021-06 | 0 |  | net worth falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | thin capital |  |
| 2022-06 | 0 |  | thin capital |
| 2022-09 | 1 | delinquency rising |  |
| 2022-12 | 2 | delinquency 2x band |  |
| 2023-03 | 2 | assets shrinking | delinquency 2x band |
| 2023-06 | 3 | delinquency 2x band |  |
| 2023-09 | 2 | leaning on borrowings | delinquency rising, delinquency 2x band |
| 2023-12 | 3 | losing money |  |
| 2024-03 | 2 |  | leaning on borrowings |
| 2024-06 | 2 | delinquency 2x band | losing money |
| 2024-09 | 2 | delinquency rising | delinquency 2x band |
| 2024-12 | 3 | losing money |  |
| 2025-03 | 3 | net worth falling, delinquency 2x band | delinquency rising, losing money |
| 2025-06 | 1 |  | assets shrinking, net worth falling |
| 2025-09 | 1 |  |  |
| 2025-12 | 0 |  | delinquency 2x band |
| 2026-03 | 0 |  |  |

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

- 2026-03-02 [Former MassMutual loan officer sentenced to prison for $1 million fraud scheme - WWLP](https://news.google.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?oc=5) · WWLP
- 2026-03-05 [Former MassMutual FCU Loan Officer Sentenced In $1M HELOC Fraud Scheme - cutoday.info](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNU1FJSHV6Sl80cm9iMEQ0ZHJfQm1QemhWY2p5UG00QmZrMWQtclcxdnlzR09GdE9POGs4d002VWViRWpmLVNrb0F2TDJPbElQaWhUU2ZIalR1ODRqRFRNQ1ExT2NhSWd0RGNCb05WV3hWTWpTbnpJWDkwc01zejlFLWtHakYyaUNJcDE5Z2NsNFBRcG9CUDNhd2FCUkw1WXpBY21BakwydW9jQQ?oc=5) · cutoday.info
- 2026-02-27 [Man sentenced after being convicted of loan fraud - Western Mass News](https://news.google.com/rss/articles/CBMilAFBVV95cUxNSjJnYldhSUw2SmNnbDVvcThwcExkMUdyWGxOaFdnblZ1aDZ2ZEh6QVJleW1zQmJxb2Y2clYwNlNwZEhZOW1wSGNZNUE2WHBlTFNxekVGQU1aVFMwRnB0UFNWV0tPQWg3M1RJY0xXZlFCVF9zV1RtdjFjZURfX2hZaThFVko0N0FaZjlaVUhIT0lQUlN5?oc=5) · Western Mass News
- 2026-02-28 [Loan officer from Brookfield who defrauded MassMutual gets 18-month sentence - Worcester Telegram](https://news.google.com/rss/articles/CBMi2wFBVV95cUxOYjlTVWJPZGxKLW9rZTFzZEZfMWRjakxPUVZWczhkM2ROTXl1QndDcGROUTAySWJ2UEYxM0ZjcHBobmRoWFBkRVQyNlJKWU12WjZDMDhyMElMVFNveUtOTk9SR205bS1qeVdPNjg3eWNpWmYxaW1XdEczbHNzU2RGRlV0OE1EVEhfZFRiVklQT2VkQmt6NXZzdTdIT1R0cWxCdGhxU0NMZWREWUdOaFU3NTZCaGxOUFBHVTI0NHRpOXI1WmlRWGF4ajJZN0FtaTVFMUxFVnY2Mjc2aHc?oc=5) · Worcester Telegram
- 2025-08-22 [Former Massachusetts Loan Officer Faces Sentencing for $900,000 HELOC Fraud - CUTimes](https://news.google.com/rss/articles/CBMirgFBVV95cUxOM1kxRldycjhjY2RHTlhrY3pxNUJac3VRck1xa2lNbFJseWdvaF8zZjBtY2tKNGRLY1hVdU5DQ1p1eFp3ZENEWGk5aVF5cWo1dk5yX3JnUDNCVjJmT2xmSWI1WGFQNzd5WUJzaUxtbTFDazBOc0h6bU5YQlAycmNueDdReldTYndkVXBpZmR6ZUw2X3A5OWlMcldieFBZZ3RyUzQwSFdIUUd4Z1FjUXc?oc=5) · CUTimes
- 2025-04-11 [America's Best Regional Banks and Credit Unions 2025 - Massachusetts - Newsweek Rankings](https://news.google.com/rss/articles/CBMilgFBVV95cUxPTmJPdGhIaWVPaHFvZ2lWVzJOZDVFakcwWUpsUFNQUWZUdDVHbW83OGFJSVpLVVFJanl4SjZUbjZGbXZCOWU4bHNIRjlmMUR2U2FTUjlhaVY0WkRXalRtU01VVl9mSzluUXNKc29CTGluQVcxdzFRWXpLWHhrRjZEVElWQlRPQUhhN1NvdHJDTFg2UDBFdmc?oc=5) · Newsweek Rankings
- 2024-09-27 [Obituary information for Kerry P. Hurley - Forastiere Smith Funeral Home & Cremation](https://news.google.com/rss/articles/CBMidEFVX3lxTE9HTDl1N2tfblpzdm9VMFEyTXJSUlQ1dHlnZTM2M3BDdDlyWGpGTlZvMnJxSW4tSjdIYTBfNkNvRUliRkpYbm5kQ0Y2MTBua2JPSXBMNmptRzNLQ2FPOWtRTnA4Y3g4RlVYcjdtekoxam5XYUFi?oc=5) · Forastiere Smith Funeral Home & Cremation
- 2025-06-20 [Global Atlantic, MassMutual Put 25% of Bond Allocations in Privately Rated Assets: Moody's - ThinkAdvisor](https://news.google.com/rss/articles/CBMixgFBVV95cUxPYzZmbkVDUjlheS1yQ3lLVEtKbTItVmRqQ3NzcTBQbDJsRHd0ZWhOYndhUjZvUUVJNUNlSHJUTFRsY2ZvT2lyNDRDM3M1MHF1WnRRS21wYk9TTWM3NFQ3UXlKQUhmZmJsTHBjYVFqNmlrbWE3RE4yN2Y3a0pRV2w4WTBCeFdGVGhBaGdReGZQM0pyc0pVdzdhR2ZjVHcxR3ZCY2VPODA1NVU4bUZORDJETHJMV2RsX0t5YXVVWVRUUUliNXZHOHc?oc=5) · ThinkAdvisor

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24566 (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/54.json (key "24566", 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=24566
- 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