# COMMUNITY PROMISE
KALAMAZOO, MI · NCUA charter 24848 · asset band <$50M · latest filing 2025-09 · stopped filing after 2025-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/community-promise-24848

Who the members are: federal charter, community charter, organized 2012, low-income designated. 246 members of 10,000 potential (2.5% of the field); checking penetration 10% (share draft accounts per 100 members); loans per 100 members 33.

**Verdict on the desk:** this could be *stressed*. Composite score 12 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $610,783 |
| Members | 246 (-12.1% YoY) |
| Full-time staff | 1 |
| Net worth | $40,689 |
| Net worth ratio | 6.7% (p2 of band) |
| ROA (annualized) | -28.36% (p0 of band) |
| Total delinquency | 1.30% (p66 of band) |
| Net charge-offs (annualized) | 8.32% (p99 of band) |
| Loans / shares | 88% (p87 of band) |
| Cash / assets | 20.2% |
| Borrowings / assets | 3.27% |
| Net interest margin | 6.35% (p96 of band) |
| Operating expense / assets | 36.98% (p100 of band) |
| Vehicles % of loans | 78% (p78 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.67% (p75 of band) |
| Vehicle NCO | 2.13% (p93 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 22% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 30% |
| Certificates % of member funds | 23% |
| Average share balance | $1,721 |
| Participations bought / yr | $0 |
| Participations sold / yr | $2,753 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 33% |
| Loans granted per 100 members, annualized | 20% |
| Average loan balance | $5,790 |
| Loans granted, annualized | $202,803 |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | expense trap, charge-offs p90 |  |
| 2016-06 | 3 | delinquency 2x band |  |
| 2016-09 | 5 | net worth falling, losing money |  |
| 2016-12 | 3 |  | net worth falling, losing money |
| 2017-03 | 5 | delinquency rising, auto monoline |  |
| 2017-06 | 8 | losing money, margin squeeze, leaning on borrowings |  |
| 2017-09 | 8 |  |  |
| 2017-12 | 8 | loans>95% of shares | margin squeeze |
| 2018-03 | 6 |  | charge-offs p90, loans>95% of shares |
| 2018-06 | 5 | loans>95% of shares | delinquency rising, losing money |
| 2018-09 | 5 | members leaving | loans>95% of shares |
| 2018-12 | 6 | charge-offs p90 |  |
| 2019-03 | 8 | net worth falling, margin squeeze |  |
| 2019-06 | 8 |  |  |
| 2019-09 | 7 | loan book shrinking | net worth falling, margin squeeze |
| 2019-12 | 10 | losing money, delinquency rising, assets shrinking, loans>95% of shares | members leaving |
| 2020-03 | 7 |  | loan book shrinking, losing money, loans>95% of shares |
| 2020-06 | 8 | margin squeeze, loan book shrinking | assets shrinking |
| 2020-09 | 10 | net worth falling, losing money, members leaving | delinquency rising |
| 2020-12 | 9 |  | net worth falling |
| 2021-03 | 7 |  | charge-offs p90, losing money |
| 2021-06 | 8 | delinquency rising |  |
| 2021-09 | 8 | losing money | delinquency rising |
| 2021-12 | 10 | net worth falling, delinquency rising |  |
| 2022-03 | 7 | assets shrinking | margin squeeze, losing money, net worth falling, delinquency rising |
| 2022-06 | 6 |  | loan book shrinking |
| 2022-09 | 8 | delinquency rising, loan book shrinking |  |
| 2022-12 | 7 | net worth falling | delinquency rising, loan book shrinking |
| 2023-03 | 8 | losing money, loan book shrinking | net worth falling |
| 2023-06 | 8 | charge-offs p90, loans>95% of shares | delinquency 2x band, loan book shrinking |
| 2023-09 | 9 | delinquency 2x band, 3rd-party paper>100% NW | assets shrinking |
| 2023-12 | 10 | net worth falling, repo signal, assets shrinking | loans>95% of shares, delinquency 2x band |
| 2024-03 | 7 | margin squeeze | losing money, 3rd-party paper>100% NW, net worth falling, assets shrinking |
| 2024-06 | 6 |  | repo signal |
| 2024-09 | 8 | net worth falling, loan book shrinking |  |
| 2024-12 | 8 | delinquency 2x band, delinquency rising | members leaving, loan book shrinking |
| 2025-03 | 6 | losing money | margin squeeze, delinquency 2x band, delinquency rising |
| 2025-06 | 8 | delinquency 2x band, delinquency rising, assets shrinking | leaning on borrowings |
| 2025-09 | 12 | thin capital, capital below 7%, members leaving, loan book shrinking | delinquency 2x band |

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

- 2013-02-25 [Community Promise Credit Union set to open in Kalamazoo - WMUK](https://news.google.com/rss/articles/CBMingFBVV95cUxQbF8wbkZQeGJzX1l5TVA0Mkg0NGlqVndLbzZHTmdJajFXZmc5TUNjYVVsanRjWVRVc0owdGxyUzJJVThFMUFJamt5OWdYaGpLOTdiRzBhUTlhMkFYZUdjVEh5QVlic0NPdmFzZWxWRW1qYXRUTkdTR3p0Zkk2dkpYZHl3cXh3bFVTWjhlY3lfT2tGMXE2SjZnLUxxVUNZZw?oc=5) · WMUK
- 2022-08-31 [Man sentenced to prison for Kalamazoo bank robberies - WPBN](https://news.google.com/rss/articles/CBMikAFBVV95cUxOUi0xdE9KcV9hZnZhUjN1VlFCbWtZNWVfcmtzQkwwVkYtZ3hNcTJqWS1ydXhvOHpCbVRwM1dMQ2NNVkk1Zm1qSm5XSzhIaktDZ3FKT2dNeDdodjNzX1Ftcm9KVEZxN0hTZ0Z3YnB3R01ld3I5TkZqZC1Zb0Z4c012UWpQZFFxQ0hraGxESTFxX2c?oc=5) · WPBN
- 2018-06-28 [From boom to bust to boom: Washington Square makes an upturn - secondwavemedia.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxQM2FwWnJOTk1uSE1nTmxtQmxpS1V4czBmTXdwbEJSSW1xckpNV0tsTENobllUUzJ5Mjc3aTAxNEtZcEdHREU0ekNGX2ZGY0ZUbllPc3pfSEtLeUZRTndQYjBVTlFENTB0Y3U4amtwTWdaN0ZXVjJGQWVfd1gxU0RrTFBpOVdwVHJlWWhOeHlTNWJHRDBrbXFPdQ?oc=5) · secondwavemedia.com
- 2021-06-01 [Black Wall Street among owners of revitalized Washington Square properties - MLive.com](https://news.google.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?oc=5) · MLive.com
- 2021-06-14 [Portage Street construction impacts some Kalamazoo businesses - wwmt.com](https://news.google.com/rss/articles/CBMieEFVX3lxTE5waEU4NDQxaGt1M3NTTlhjMjRwYjljM2d1NG9oVFE4b2llcENhM0ZCWUg2Q3g2UGF1OU5zY1pPTlJCRzlIdDFqd0kyM2xmbE1TMVhrYmcyem5iQ3ZnbndqMHU2QThRWEl0aGx1cTBMUGNwa0s2aHc2cg?oc=5) · wwmt.com
- 2021-05-27 [Ongoing efforts result in full occupancy in Kalamazoo’s Washington Square area - secondwavemedia.com](https://news.google.com/rss/articles/CBMitAFBVV95cUxNRndFd0JoVG5ISXVySUh0UlBCd2p6NzNaRkdTcmJsTm1pTnc0UE4ydUtsMVJpemUwanRfYTNBN3BLYW5ySExBZC1WNjd2X2NCZUxZQmprQzJtaDJVYTBwZTB1YWpfUk1ZVkc1NnEySEQ2NGE2MVQtOVM1MWJTTmFRWm0tRF9HRVNfTFdGa0dJZjhKV0pRdUlMTXNfQVRjdXpGN3hkTkttOXVyMkFKd0RieVZ5bnk?oc=5) · secondwavemedia.com
- 2022-08-31 [Kalamazoo County man sentenced to prison for bank robbery - MLive.com](https://news.google.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?oc=5) · MLive.com
- 2018-06-18 [Kalamazoo Community Foundation announces $2.2 million in grants to area nonprofit projects - wwmt.com](https://news.google.com/rss/articles/CBMitwFBVV95cUxNb0Q4ZGxxcHdJdnd6SDNPQk5HcWJWb01aU0Z6WWNGQWx2a2VSc1liSjJqX1I0TmxaUElMbW5vdkN1T0g3czA5V0ZINlo4WkZfZUtoZTBxUXlfcnBzM3F4cUJyVnV3S1hoOTF4dms3ZVB6OU1HMXVjaWFTa3FlYjVHOFNuZGw4YW1mdnpuMHFueU94WUFPVXk2S2JPQ2NfRzJEd3NrT19LRnJmWFM4QUZLVnhOT1hwYXc?oc=5) · wwmt.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24848 (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/16.json (key "24848", 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=24848
- 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