# FOR MEMBERS ONLY
Chicago, IL · NCUA charter 24946 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/for-members-only-24946

Who the members are: federal charter, service (single sponsor), organized 2023, low-income designated, minority depository institution. 11,106 members of 11,400 potential (97.4% of the field); checking penetration 12% (share draft accounts per 100 members); loans per 100 members 0.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $6.3M |
| Members | 11,106 (14.8% YoY) |
| Full-time staff | 2 |
| Net worth | $1.0M |
| Net worth ratio | 16.0% (p56 of band) |
| ROA (annualized) | 5.17% (p99 of band) |
| Total delinquency | – |
| Net charge-offs (annualized) | – |
| Loans / shares | 0% (p0 of band) |
| Cash / assets | 99.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.40% (p8 of band) |
| Operating expense / assets | 10.36% (p98 of band) |
| Vehicles % of loans | – |
| 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 | – |
| Credit cards % of loans | – |
| Unsecured % of loans | – |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $424 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 0% |
| Loans granted per 100 members, annualized | 0% |
| Average loan balance | – |
| Loans granted, annualized | $0 |

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2023-06 | 3 | thin capital, capital below 7% |  |
| 2023-09 | 2 | losing money, expense trap | thin capital, capital below 7% |
| 2023-12 | 0 |  | losing money, expense trap |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 1 | net worth falling |  |
| 2024-12 | 0 |  | net worth falling |
| 2025-03 | 2 | expense trap, margin squeeze |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 1 |  | margin squeeze |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | margin squeeze |  |

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

- 2023-07-13 [Alpha Kappa Alpha sorority opens FMO Credit Union, first of its kind in American history - ABC7 Bay Area](https://news.google.com/rss/articles/CBMiggFBVV95cUxNOUNDLUp0ZHFLdnhwTmpNeFBWWXNRSEM1NzRFak1xaFYzaUJWSk1wYV9qTy1GVElUZkVkelIyUGRMRzZZVkdxQlJCXzkxSHRwQmxCNmNDTHFrejMtajZHRzRfb0luSmVfdEQ2a2d6MW1EdTRhdmpOOUdSYlBRenhMMkdR0gGHAUFVX3lxTFBER091M2tYY2ZTbWs2ckhhUUVPSWlYNE5WdXBpQmZyRDJnV1duQ01hOXRCR1lFOTIwY3lIV3VKdm0yeGpGSTNlaktnMjBwQW5USkt6TWtPTGNsR2FhQkZ0bUJoWkNDbWlobjZKaDN6RlhYT2ljUVAweVhia2s5UEpQNDBmVnJFYw?oc=5) · ABC7 Bay Area
- 2023-07-13 [Alpha Kappa Alpha Sorority, Inc. Becomes The First Sorority To Own A Credit Union - afrotech.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxPSFp5OUVBaXFhNVNOTmRNeXRwaC1NbU05ZVUzLWs0ZnpsMEU4bmwyOGNnQ3RYZU12cHRfXzdydE9XdWs0Nk03ZFg3UElfRHlPZGRKajBEak1Pb1hVb0htSWp2UWhKSDAxQzhVNHBna3d0aFZNTFYydElSaUttd3o2cXVzU1laa0t3QUE?oc=5) · afrotech.com
- 2023-07-28 [Alpha Kappa Alpha opens first credit union of its kind - Hyde Park Herald](https://news.google.com/rss/articles/CBMi3AFBVV95cUxPX2FJcWc2YklOMVo4SktlcWFzVTNOYlJ5Ul8taEIyeHdjU2s4dFdrSXVkR24zMGQybW16UTBuQWNGUUZhQWQ0ek5fcVdreTdOTnRQVmI2aHk0QlVQdVhubzFzTWV4N2wxWFluT2VWRUd5TGhzd0RKc3FCa0JOVUR3LVBEV3NtUlNnWWZrS2ZSNE9jZTk2OGFvbnVTZERSUDdReVJycE0xZVpMR2FlYTlJVVBjakw2YTZGRE9lWVBpVUgtS01RMmFvdm9rOUwzeExEdnUxeUFENS1JVi1y?oc=5) · Hyde Park Herald
- 2025-02-19 [Black Owned Credit Unions You Should Know - Shoppe Black](https://news.google.com/rss/articles/CBMiXkFVX3lxTE1rWVo2ZldNTEZ4XzlKSlVoaC0yaXlSMmd5dFI0cmpoU0Z3cG8wR0tvT2EtdkI4U1NfamlsT01adjM4RXlfWFRVWkh0RXVXTDc3SG5TVHIwWWJSUVpuVnc?oc=5) · Shoppe Black
- 2023-07-11 [Alpha Kappa Alpha Sorority, Inc.® to Host Leadership Conference at Navy Pier - Navy Pier](https://news.google.com/rss/articles/CBMibEFVX3lxTE55UDJENnFTbVQxS2FybHhRYk1DS2Q2UElnQ2VXSVBpZEZvYUx2d0ZBRy1GaVcxUUJZYUxBQ19hLVI4QkFyT2p2N1F0bHY0TWloN011WEtWaGQtYjAzRk16OVU2V3dFeGxwUTFoYg?oc=5) · Navy Pier
- 2025-06-13 [Last Chance: Get a Free Beer at Summer Soulstice - Urban Milwaukee](https://news.google.com/rss/articles/CBMijwFBVV95cUxNeFpwUXdjYjNWVHFrRERwRzdmMFF3ei1kdmFUb1BBSmR2cnBGMEVuSlN0TnFzV3d4T082UDlWQTdwTFh4VDZMZTBnS0pGa3VkcWZvOEhFVHpycXZoQmhYOFlxSWwtRjJpSGc4Um5pcnExclVjV25CZEcyd2dGSUVUcnhmZC15ekN4eF9RMDA5dw?oc=5) · Urban Milwaukee
- 2025-04-25 [Where Can I Change My Coins for Cash for Free? 13 Options That Won’t Charge You - GOBankingRates](https://news.google.com/rss/articles/CBMimAFBVV95cUxOVUJoaEpjWnZ0VEwzZEpJblcyN0Z0eWlsei1qRWs5QjlHX3pIU1Nud0ZubnpremlneV8wM3V6Rks2NE5BQU5nQ1ZFZk1WR2wwc0p6WDBBMGMzUTBRMXc3dWlEaWVIdGxTTldHVEZNR251czhnN1Rtb3V1TE9HUlNFZkFMazlkUnF2OE5NM3lnc3g4QXc3SWw4Vw?oc=5) · GOBankingRates

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24946 (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/50.json (key "24946", 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=24946
- 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