# MASSACHUSETTS FAMILY
LYNN, MA · NCUA charter 24924 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/massachusetts-family-24924

Who the members are: federal charter, community charter, organized 1926, low-income designated. 1,389 members of 750,000 potential (0.2% of the field); checking penetration 45% (share draft accounts per 100 members); loans per 100 members 48.

**Verdict on the desk:** this could be *quiet fade*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $29.2M |
| Members | 1,389 (-5.5% YoY) |
| Full-time staff | 3 |
| Net worth | $4.8M |
| Net worth ratio | 16.4% (p59 of band) |
| ROA (annualized) | 0.36% (p40 of band) |
| Total delinquency | 0.01% (p18 of band) |
| Net charge-offs (annualized) | 0.04% (p54 of band) |
| Loans / shares | 107% (p98 of band) |
| Cash / assets | 19.1% |
| Borrowings / assets | 8.57% |
| Net interest margin | 2.96% (p18 of band) |
| Operating expense / assets | 2.69% (p24 of band) |
| Vehicles % of loans | 14% (p9 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p16 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 74% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 17% |
| Certificates % of member funds | 73% |
| Average share balance | $8,590 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 48% |
| Loans granted per 100 members, annualized | 45% |
| Average loan balance | $34,965 |
| Loans granted, annualized | $9.3M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)
- **loans>95% of shares** (`str_ltos`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 2 | net worth falling, leaning on borrowings |  |
| 2021-12 | 3 | loans>95% of shares |  |
| 2022-03 | 1 |  | net worth falling, loans>95% of shares |
| 2022-06 | 2 | loans>95% of shares |  |
| 2022-09 | 1 |  | leaning on borrowings |
| 2022-12 | 2 | assets shrinking |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 3 | members leaving |  |
| 2023-09 | 1 |  | assets shrinking, members leaving |
| 2023-12 | 3 | delinquency rising, leaning on borrowings |  |
| 2024-03 | 3 | net worth falling | delinquency rising |
| 2024-06 | 2 | delinquency rising | leaning on borrowings, net worth falling |
| 2024-09 | 1 |  | delinquency rising |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | assets shrinking |  |
| 2025-06 | 2 | leaning on borrowings | assets shrinking |
| 2025-09 | 5 | net worth falling, delinquency rising, members leaving |  |
| 2025-12 | 4 |  | net worth falling |
| 2026-03 | 4 |  |  |

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

- 2024-08-20 [Medical and Family Leave Programs - Brandeis University](https://news.google.com/rss/articles/CBMipwFBVV95cUxQTkhBNWFfVl9pVlFNSTJaR1BkM0V5VVJBYjZ6cXd1aGtUT2JPYzFLNld4a2owQ1A1WFJkYmREUEpFTXFCaVNjQ0hNSjR4OXBodHpoR1JJd0wyZFk4R0p3eDJYTkVYYWs1TFQxTEh4ZmUydXppcUo4bjBzM2JYU1poc25hdVk0cy11alEyNnY0WklGd2tsMW1VUkoxSHlUcmV3eEh5bUk0VQ?oc=5) · Brandeis University
- 2024-03-05 [Bradford-Scott Data, LLC Data Breach - classaction.org](https://news.google.com/rss/articles/CBMijwFBVV95cUxPSDZfVmhvZUFBZnhQaGE5TmVXWDZyaDdXTTZkOEVyNldsN3hNamNKT1VKYkhnS2ctc19NR1dwTno1SGJNR1owNFFqOFVnWWZ3dmMxSlNtSFRzd3I4OHU2bnZGZ2lzSzFjNHFrb0lZREFUSnJvamF1aXJMdFpIN1dRN1BoZi1IampRWkRfb1p6MA?oc=5) · classaction.org
- 2023-06-11 [Obituary information for George K. Mazareas - solimine.com](https://news.google.com/rss/articles/CBMidkFVX3lxTE5DWVhFV0ZMdjliMjMtMXFIajQ3aTBCUWE1VUUyT0Z2ajQwTDBxYmZqTmw4Wm1MM1dWcDBwU2NtWWJWb24wamNYYmR5UEM3b1FMdU51M05FOTBpb0JmUnA2cW9BWnhnTkRTZDZoeldwN2lCTzdmRlE?oc=5) · solimine.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24924 (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/28.json (key "24924", 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=24924
- 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