# NEW LIFE
Philadelphia, PA · NCUA charter 24853 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/new-life-24853

Who the members are: federal charter, community charter, organized 2003, low-income designated, minority depository institution. 551 members of 92,000 potential (0.6% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 2.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $798,235 |
| Members | 551 (1.1% YoY) |
| Full-time staff | 0 |
| Net worth | $196,946 |
| Net worth ratio | 24.7% (p86 of band) |
| ROA (annualized) | -1.11% (p10 of band) |
| Total delinquency | 27.64% (p100 of band) |
| Net charge-offs (annualized) | -6.74% (p0 of band) |
| Loans / shares | 17% (p5 of band) |
| Cash / assets | 84.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.48% (p34 of band) |
| Operating expense / assets | 4.75% (p75 of band) |
| Vehicles % of loans | 0% (p3 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | – |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | – |
| Vehicle NCO | – |
| Repossessed % of vehicle book | – |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 100% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $2,024 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 2% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $9,275 |
| Loans granted, annualized | $144,000 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 3 | losing money, charge-offs p90 |  |
| 2016-09 | 2 |  | losing money |
| 2016-12 | 1 |  | charge-offs p90 |
| 2017-03 | 3 | members leaving, loan book shrinking |  |
| 2017-06 | 2 |  | members leaving |
| 2017-09 | 2 |  |  |
| 2017-12 | 5 | losing money, charge-offs p90, assets shrinking |  |
| 2018-03 | 6 | net worth falling, margin squeeze | charge-offs p90 |
| 2018-06 | 5 |  | assets shrinking |
| 2018-09 | 3 |  | losing money, net worth falling |
| 2018-12 | 4 | delinquency rising |  |
| 2019-03 | 5 | losing money, charge-offs p90 | delinquency rising |
| 2019-06 | 6 | net worth falling, delinquency rising | margin squeeze |
| 2019-09 | 6 | members leaving | net worth falling |
| 2019-12 | 6 | margin squeeze | losing money |
| 2020-03 | 6 | losing money | charge-offs p90 |
| 2020-06 | 6 | net worth falling | delinquency rising |
| 2020-09 | 6 | charge-offs p90 | members leaving |
| 2020-12 | 4 |  | losing money, net worth falling |
| 2021-03 | 4 | losing money | delinquency 2x band |
| 2021-06 | 3 | net worth falling | margin squeeze, charge-offs p90 |
| 2021-09 | 1 | members leaving | loan book shrinking, losing money, net worth falling |
| 2021-12 | 0 |  | members leaving |
| 2022-03 | 1 | assets shrinking |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 3 | delinquency 2x band, delinquency rising |  |
| 2022-12 | 2 | loan book shrinking | delinquency 2x band, delinquency rising |
| 2023-03 | 4 | delinquency 2x band, delinquency rising |  |
| 2023-06 | 1 |  | assets shrinking, delinquency 2x band, delinquency rising |
| 2023-09 | 2 | assets shrinking |  |
| 2023-12 | 3 | delinquency 2x band, delinquency rising | loan book shrinking |
| 2024-03 | 1 |  | delinquency 2x band, delinquency rising |
| 2024-06 | 3 | delinquency 2x band, delinquency rising |  |
| 2024-09 | 1 |  | delinquency 2x band, delinquency rising |
| 2024-12 | 0 |  | assets shrinking |
| 2025-03 | 2 | net worth falling, margin squeeze |  |
| 2025-06 | 1 |  | net worth falling |
| 2025-09 | 3 | delinquency 2x band, delinquency rising |  |
| 2025-12 | 3 |  |  |
| 2026-03 | 5 | losing money, assets shrinking |  |

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

- 2026-08-30 [After Closing in Philadelphia, Popular Restaurant Finds New Life in Wallingford - DELCO.Today](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE85OV9rcWI0OUFYaWlJMmEteTJqTjg2TnhnM2p6RGpxNlVlVXBiMmdIcDVVOVduVF9vcWlrTDlVQUZJalZZQTd1ejllazdfeEJZME4tYk5keFdLLWZ6aEk0SHdVMjIyTFU?oc=5) · DELCO.Today
- 2026-07-11 [Former Brandywine Hospital Campus Gets New Life as 115-Acre Mixed-Use Town Center - VISTA.Today](https://news.google.com/rss/articles/CBMifEFVX3lxTFBDZU5CSkhiVWJheGx6bHF1ek03bkFwRWdBUUxOQWp4eENsb0JMYVROX1RVQUpReTU0R3p3bjUzRFJVWnFlUHB1ODh0NHdxV3dWX1lmTFliY2VkelhOOWpnZDhOTGF0STRVbU1IRDFXT0xvcXhIbHhyWU80T3o?oc=5) · VISTA.Today
- 2026-01-26 [Daniel L. Stapleford Obituary Jan 26, 2026 - Grieco Funeral Home & Crematory, Inc.](https://news.google.com/rss/articles/CBMia0FVX3lxTE1vdUkzZUZLZkZaUklYTGROY3ZUQS05VnRpWkllZE9ZM2VRczJqZ1owdldvNnBZOUhRZUs2ekt1ZGp2bHFLREJTdktDYnA4c1RvZkF0STRucGV3YU9HYy1pZUg3QmxzOGJNT3g4?oc=5) · Grieco Funeral Home &amp; Crematory, Inc.
- 2026-06-16 ['Legally Blonde the Musical' will end Lincoln Park season - Beaver County Times](https://news.google.com/rss/articles/CBMi5AFBVV95cUxPVDI5R2pZa1NEX1lZY2Z2VXhzMDFBd1JWczZ1b1NoaGp1QklEQmlfS01FcjI2QWt2Nl9xeVZSc1BrbXJfNGotSFZEUEFqaTJORXIxN2NVOTdreVRsYnN4QWRJS2lnZmZJVUFxT1E3VVNhUVp3TEdsdUxZX1pLdk85cHVDdTEtZzFEcEZ4T29ycTE1Y3dLNVRlbkZPYm9zdHZLcXRzVU9sWlVnb2Z2RWEyZzZ1LXdLX1NKN0NRY0ljTndnM2txaVV2dnRseVVTaWloTTZUdDRfS3A3dmhscUE3SnYydWg?oc=5) · Beaver County Times
- 2025-11-29 [Buckingham Developer Looks to Breathe New Life into General Greene Inn - BUCKSCO.Today](https://news.google.com/rss/articles/CBMibEFVX3lxTFBMSkhrREVZWldtX1JnZEctUVROamFoU1lqaGhmWnJtLW1qT0hxZVQ5NUNJakFqZ0VpY1ZfUkhtQTNLS2hhdl8wdWhqVzAyaWV5WjBCRlp3ZHBLNW9pNDIzWFN6SWJmeVZ1VS1YRw?oc=5) · BUCKSCO.Today
- 2024-12-11 [How to Participate in the Roosevelt Boulevard Reimagined Survey & Open Houses - City of Philadelphia (.gov)](https://news.google.com/rss/articles/CBMirgFBVV95cUxQS29qY2xmNEx1d3hzc3NQcVhiQXF6SmNfb2E4MnFncXd1WFRCN29PX2tRS0hyM0tESmQ4OEw3YXhnZXQ4V3JBR2tONTNvTlZTenA0cmY3YVFsczJTN2h2Mi02a3RwZzJveklfSnJpTGFDNnBuSU5aVU9qRkpxZy1hRnVvTU5JcXRuOHdkV2hkREFtcy1zaExFeG1YeXpuSFJzeElWQ3FHZE5yU1laM3c?oc=5) · City of Philadelphia (.gov)
- 2023-05-25 [Credit union to take over former downtown barbecue spot - ibj.com](https://news.google.com/rss/articles/CBMihwFBVV95cUxOcDJ2bkRIWkFCWk5fQ3hJZ19XVmxXMFpnWW9sbE1zN21mcGpEZXB3TXljN2JnVC1nMWV5WXRiQnl6ZEhmblJ4cUY2by1zM0d5dVZtYTNpaEoxZV82MWdBdWw3ZG91VnE5ekJYcTBCRjdfbU80NTlMUURvaGhoVVlsSWhzdXN6akk?oc=5) · ibj.com
- 2022-11-07 [The Most Powerful Women in Credit Unions, 2022 - American Banker](https://news.google.com/rss/articles/CBMimgFBVV95cUxQVFhyeDd6M0V0d1A1aE1YUlppUFVKRG9nTFYwbE82bWhRMTFxZTJNbnBjT3hmRGpwSmZUeHRqQk1TM093ZzkxVUw5OHRaNWFkY2VMYkZGOEdqLTdFS245NmQxb0QwNkhNOHI1RE1BMXhjaWFrRUNoem1GUHktdk1aR3JfLURWMUhCRjE0QlR2Z0wyaGNLdHdUSEF3?oc=5) · American Banker

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24853 (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/21.json (key "24853", 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=24853
- 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