# GENERATIONS UNITED
New York, NY · NCUA charter 24947 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/generations-united-24947

Who the members are: federal charter, associational, organized 2023. 264 members of 600,000 potential (0.0% of the field); checking penetration 51% (share draft accounts per 100 members); loans per 100 members 479.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $6.9M |
| Members | 264 (325.8% YoY) |
| Full-time staff | 4 |
| Net worth | $3.2M |
| Net worth ratio | 46.6% (p98 of band) |
| ROA (annualized) | -6.89% (p1 of band) |
| Total delinquency | 1.91% (p77 of band) |
| Net charge-offs (annualized) | 0.04% (p55 of band) |
| Loans / shares | 113% (p99 of band) |
| Cash / assets | 46.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.90% (p51 of band) |
| Operating expense / assets | 10.36% (p98 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 | 5% |
| Unsecured % of loans | 83% |
| Commercial % of net worth | 13% |
| Core shares % of member funds | 39% |
| Certificates % of member funds | 28% |
| Average share balance | $4,923 |
| Participations bought / yr | $4.1M |
| Participations sold / yr | $0 |
| Participations outstanding | $2.3M |
| Loans outstanding per 100 members | 479% |
| Loans granted per 100 members, annualized | 802% |
| Average loan balance | $2,024 |
| Loans granted, annualized | $4.3M |

## Participation posture (from the same filings)

Bought $4.1M and sold $0 in the latest annualized quarter; $2.3M outstanding purchased (72.6% of net worth), $0 sold and retained. Sold in 0 and bought in 5 of the last 8 quarters. Shares 301.8% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **loans>95% of shares** (`str_ltos`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2023-06 | 0 |  |  |
| 2023-09 | 0 |  |  |
| 2023-12 | 0 |  |  |
| 2024-03 | 3 | net worth falling, losing money, expense trap |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 3 |  |  |
| 2025-03 | 4 | margin squeeze |  |
| 2025-06 | 4 | loans>95% of shares | margin squeeze |
| 2025-09 | 6 | margin squeeze, delinquency rising |  |
| 2025-12 | 7 | delinquency 2x band |  |
| 2026-03 | 7 |  |  |

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

- 2025-08-26 [New UCC-focused credit union opens - United Church of Christ](https://news.google.com/rss/articles/CBMiZkFVX3lxTE9uLXhUSk5HMjFqdXAwLWM4NEl5QU9CWThmaE9TRUZRaXhwbVkwb3VzdmdwbkNQbmJ2MExzNzZZalRreHlVaEd0ZGEtT0JhYnFiS0pFTUJsa0RCaTF4VklXdTZOei1pdw?oc=5) · United Church of Christ
- 2023-05-12 [Launching a credit union? A recession might help. - American Banker](https://news.google.com/rss/articles/CBMinAFBVV95cUxONkpQMWk1aDY4Z19DYk5tbVVGMVo0RHFNcEFEcEJKbDl6eUx2LWpqOV9WTURTWjlpUjA0V19ETHFwbHhXblpQYUQ2Mk0xU0pTU0d5cnJiMS0yb2Fybm12Q1VPRUtyQ1VRSUg1S1E3TnYydXRENk9CVFlXNzRjTXBmWkliMjAxM3U2MDI0b1JIUXRudEp4cm5VcnplZHo?oc=5) · American Banker
- 2026-02-26 [Behind the Industry's New Push to Elevate Small Credit Unions - CUTimes](https://news.google.com/rss/articles/CBMinAFBVV95cUxPeWcxTkJMNGtMWWY1NHdnLTVMb2NUcnZicGZidjBZZ3NFeEF5b1pKRGhaS2FLRkhZYlgxdTBYMzhFaUt2aW1hU0puUExqa2Fzd2VWajRWN1BrTURNTk00bURzcDA5dWNGcjNkX2lsSld5X3dTMXRCcHZDTDZ6dW5IWkl2dFppR193NndJN2FydlhzZl9ob2hUUkhaZjI?oc=5) · CUTimes

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24947 (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/51.json (key "24947", 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=24947
- 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