# HERITAGE FINANCIAL
Middletown, NY · NCUA charter 24985 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/heritage-financial-24985

Who the members are: federal charter, community charter, organized 1940, low-income designated. 57,460 members of 1,515,059 potential (3.8% of the field); checking penetration 35% (share draft accounts per 100 members); loans per 100 members 36.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $801.8M |
| Members | 57,460 (– YoY) |
| Full-time staff | 150 |
| Net worth | $82.3M |
| Net worth ratio | 10.3% (p48 of band) |
| ROA (annualized) | 0.14% (p12 of band) |
| Total delinquency | 1.17% (p85 of band) |
| Net charge-offs (annualized) | 0.59% (p67 of band) |
| Loans / shares | 98% (p95 of band) |
| Cash / assets | 7.6% |
| Borrowings / assets | 8.23% |
| Net interest margin | 3.53% (p55 of band) |
| Operating expense / assets | 3.74% (p60 of band) |
| Vehicles % of loans | 28% (p51 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 83% |
| Third-party paper % of net worth | 210% (p75 of band) |
| Vehicle delinquency | 1.11% (p81 of band) |
| Vehicle NCO | 1.13% (p62 of band) |
| Repossessed % of vehicle book | 0.16% (p76 of band) |
| Real estate % of loans | 58% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 49% |
| Core shares % of member funds | 56% |
| Certificates % of member funds | 20% |
| Average share balance | $5,563 |
| Participations bought / yr | $7.5M |
| Participations sold / yr | $0 |
| Participations outstanding | $50.5M |
| Loans outstanding per 100 members | 36% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $31,486 |
| Loans granted, annualized | $183.7M |

## Participation posture (from the same filings)

Bought $7.5M and sold $0 in the latest annualized quarter; $50.5M outstanding purchased (61.4% of net worth), $501 sold and retained. Sold in 0 and bought in 1 of the last 8 quarters. Shares – year over year.

## Flags firing in the latest filing

- **loans>95% of shares** (`str_ltos`)
- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2026-03 | 3 | loans>95% of shares, leaning on borrowings, 3rd-party paper>100% NW |  |

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

- 2026-08-24 [Thank You: Renegades announce full Fan Appreciation Week at Heritage Financial Park - mlb.com](https://news.google.com/rss/articles/CBMixAFBVV95cUxNQnYwNlVLVWRvR1dxcVNCVmE0X0JjZGkzTjJXMnByMTVxYjZXTzFsbU1KNlY0aEM2UU1fdzk0YzRiQS0tWmd0LV9DSFdqbVA1X1dQZmszbS00QU5DemZ3SjgxcFg0Q1dBZURXU0FqQWMtOFpxQUxMLW1kOERxbmdYR3lrZDJuaGtZMjh4dHRBRV9OaTUwVzd5VnI2VXI1RGVvcF90enNRa2lRU1ZscXRkemlNOFpGQUY0dU90YTFEZGNMOTFu?oc=5) · mlb.com
- 2026-05-04 [Three giveaways, return of Fenómenos Enmascarados highlight week of fun at Heritage Financial Park - MLB.com](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPYjlrVVRIaHNoSE9QNmJObkF1ZzA5SXBzRFRjdGNieUFmRXQtRVhNNHBnaU1pTFRtUjdHc2dYR3pQUHNic0xNTnV0N09Gd1Iwc2NJZkRzczZSY0lmcXRFM3kxNm0tMUphcTNVR0NuZTBqNTJKSEljZGZmeFNfa2J1VUwwVXZNQ21mZXNpVC1sU25wR2F4N09oMDhpNVRzclVaWGxfQUtEN0N4WVc3QnhxX2NRNC1WTTZ6VHFjM29SNUU?oc=5) · MLB.com
- 2026-08-11 [Jam-Packed Week at Heritage Financial Park as Renegades celebrate H.O.P.E. Week - mlb.com](https://news.google.com/rss/articles/CBMivwFBVV95cUxPSkN2T1pRd3lwUE5lX2JzQi16aFZxSWs2cjd0Ml8zcjRVTnlhUE9CNlR3QjRuNzROMnNxMmlEelVhS0ZIMHdiUjRDU1VDWlBDRzNfbkpNcTRiVWllSjBIajNvSEpnaGp2VDBmaU9qZDlrWGVJZlphRFdoYnpLYXNrV2F1aDRaeEV1NHEtMUlHZkd2TG41OWt1RkJNT2pYWDVMZ01TT1U2M1JRM3hYV3MwYlowcGxtUWp0V2RUSnNvSQ?oc=5) · mlb.com
- 2026-07-27 [Let's Eat: Joey Chestnut appearance highlights Dusty's Farewell Weekend - MLB.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxPbXdMVHJhS0paeUFpa29ZdmRqY0VNUmdPb0hBOGVpN3dpaE5mSW93ZjdEUlpSVHRfRGVBVTJoUFNLMGg4R1NvNmVVLXQ5c2FIV1NTMjc2b0RONExmRV9lUDFBdDZMQTlVYUE4eG4yZF9pallTRWtPaUx3cVlFWW5sZVR4b1c0MVdScjFEYm96cDhGSnQzYUgwWTNKSS0?oc=5) · MLB.com
- 2026-06-30 [Celebration: America 250 celebration underway at Heritage Financial Park - mlb.com](https://news.google.com/rss/articles/CBMitgFBVV95cUxPTGd2c1NkRnFJVEM3eXlmcHNUZFJrNzZpNTBGLWtMUnNZb3ZvVlRGX0J5Rko3S1RRTTFOaVFNbi1xMzJBNDMwTWhOSW5oQkM5RmR0V0xKRTdkdGdyZlpYVUFPZDc3TzhjdV8ydlhqMnprc2EwRzU3OGtpVnRiZkZHNTNDeTladUZ2RldHamtCWVNaazJKN2NQRmZzM041TDA3clliLXg2US1wejhQeFRuUTl4Nnd2dw?oc=5) · mlb.com
- 2025-06-23 [Heritage Financial Park - Marist University Athletics](https://news.google.com/rss/articles/CBMif0FVX3lxTE9ITlZWSTJiaWF0SGZJMHVPR0E1aVN1Y3F4SDQyZnFHZ2hGajd5QkQ3emRUNUxVTEFiR1M0NHlfZ0plUGVHaHE2MWJtanl2dG1CZ3llUXVKcGg5WHNsMjZNMVZKSnpOVHhLbUlDWjBwX3RzRy0tdzQ0dXJLQjU1RTQ?oc=5) · Marist University Athletics
- 2026-02-03 [Join The Club: Renegades revamp Rascal's Kids Club - MLB.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxOUHlOQVU4WWc3Mm5Bb0gwSUR3cGNXdENEMTB1b3FicjkwLXI3SXdmR190aklXYUFkcHNaRUZsZFhBM0h2YlRDLWszOVBvSVpBN1UwWGhNQ3N6QWJlWHdGVDJ3VlRGeWZJcjJGR0plWUtDaWdsZUliajFuX3h3TU1Bdg?oc=5) · MLB.com
- 2026-05-28 [Recognizing Achievement: Outstanding Student-Athlete Award presented by Heritage Financial Credit Union nominations now open - mlb.com](https://news.google.com/rss/articles/CBMi-wFBVV95cUxPUFBhSUNza3dpZHNKNzNPeGdENTJ1UjVNcVlaOVFYNHI1TEEwZm5pNV9nbktYMVY5cG9XdEtLVU1IUm5HdmhmNmVBUVFCQ0xmdk9vb0o0ZmpmZUVoSzUxQ1RoYzBRMlRKM2JaTVRJTHFQSm9LdzMzbEJISlh3dW9UaWdfWEZMQkhCVWZpY2s1VEh0SlU5VWZFeE94OWVGeUdnQnBZc0dTcXFxQ2lkQnQyV0c2V0N4Mkp3NGR4aGdzSW9VdGxoZDhWSG1na1ZDNFZPVWJUd2kwMkxraEd0d1BrU2d1aU9PNEw3aXJwbXhtbWtPeExDSFNacnRSUQ?oc=5) · mlb.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24985 (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/25.json (key "24985", 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=24985
- 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