# PICATINNY
DOVER, NJ · NCUA charter 3291 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/picatinny-3291

Who the members are: federal charter, community charter, organized 1939. 19,855 members of 2,500,000 potential (0.8% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 48.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $454.4M |
| Members | 19,855 (0.4% YoY) |
| Full-time staff | 62 |
| Net worth | $42.7M |
| Net worth ratio | 9.4% (p21 of band) |
| ROA (annualized) | 0.54% (p38 of band) |
| Total delinquency | 0.32% (p23 of band) |
| Net charge-offs (annualized) | 0.22% (p32 of band) |
| Loans / shares | 60% (p22 of band) |
| Cash / assets | 20.3% |
| Borrowings / assets | 1.10% |
| Net interest margin | 3.56% (p51 of band) |
| Operating expense / assets | 3.41% (p37 of band) |
| Vehicles % of loans | 14% (p12 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p9 of band) |
| Vehicle delinquency | 0.08% (p8 of band) |
| Vehicle NCO | 0.00% (p4 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 80% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 74% |
| Certificates % of member funds | 19% |
| Average share balance | $10,952 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $5.9M |
| Loans outstanding per 100 members | 48% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $25,406 |
| Loans granted, annualized | $29.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $5.9M outstanding purchased (13.8% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 2.3% year over year.

## Flags firing in the latest filing

- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 2 | net worth falling |  |
| 2018-09 | 1 |  | net worth falling |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | net worth falling |  |
| 2019-09 | 1 |  | net worth falling |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | net worth falling |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 3 | margin squeeze |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 1 |  | net worth falling, margin squeeze |
| 2021-09 | 1 |  |  |
| 2021-12 | 2 | delinquency rising |  |
| 2022-03 | 1 |  | delinquency rising |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | assets shrinking |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 | leaning on borrowings | assets shrinking |
| 2023-12 | 2 |  |  |
| 2024-03 | 3 | delinquency rising |  |
| 2024-06 | 2 |  | delinquency rising |
| 2024-09 | 4 | delinquency rising, assets shrinking |  |
| 2024-12 | 4 |  |  |
| 2025-03 | 3 | net worth falling | leaning on borrowings, assets shrinking |
| 2025-06 | 1 |  | thin capital, net worth falling |
| 2025-09 | 1 | thin capital | delinquency rising |
| 2025-12 | 0 |  | thin capital |
| 2026-03 | 1 | assets shrinking |  |

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

- 2026-03-25 [Back in service: Picatinny restores on-post financial access after major overhaul - army.mil](https://news.google.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?oc=5) · army.mil
- 2026-03-25 [Images - Back in service: Picatinny restores on-post financial access after major overhaul - dvidshub.net](https://news.google.com/rss/articles/CBMiswFBVV95cUxQaUQ1Z2R0eWhYYXVscUZnV0Zvb1d4dGxiQmIwT1hTWFVBV0RrazRLYnI5NE9RemlhUFVZa240UmZ6R3F6aXJra0tocy1MWUpBVUdOT1hXMFk4d0ltclhEWjVfOTZDYklVbFJjNDRFS1VZZ283am84WnZkd2R5SnFCc1NLN3hPdjZ0alJlWGg5bW00SVhzU2t1ZlFhS253NWo1Z05qRW1KTjR3MGpVY3V1b3oybw?oc=5) · dvidshub.net
- 2026-03-10 [Your 2026 Montclair Homebuyer Guide: How Picatinny Federal Credit Union Helps First‑Time Buyers Succeed (Sponsored) - montclairlocal.news](https://news.google.com/rss/articles/CBMi4wFBVV95cUxNX21pcEtQTUN1ZF9NR2swWkhNWjFxSmN6R3c3bHhlRFFSVG5fVUFHeTNPc25yWlVNZW42RUFTWGx5TGJUYjI0bmRRLTZYTTN4b3laZUxjemZPbzQ5ZFBFNXF2Q3RyRVlEdWhITE9CR3M1dmFYQlhWYWtCV2N0cjBXQzVOTm8zRmlseWQ4ejhCZFNlbkVEb2NibEdLcmgyNV9nZ3E2X3RDa3dxbzhUZTRLd2szaTQ0X292OV80cXdiREFtUWZxRmR4S2xxQ0hDR0R2M2RvZWgzWVloRC0wM3J6MWdxZw?oc=5) · montclairlocal.news
- 2026-04-12 [Chick-Fil-A Mass Shooting: 1 Dead, 6 Injured, No Arrests, Authorities Say - Patch](https://news.google.com/rss/articles/CBMirAFBVV95cUxQTVA5VG9iTEk0TmxDTmI4OXFLNkJNd3ZOS1l3bll6OGE3SmZIQmR3OWVrYUdPUXJGaks2YTMydk9mdkhPOTlzNW5sZ2xaNXlNNjNpRVFFYlltaE0xdUZEVU9UR2NNbjhscVZPN3JST1lmSmxzbXpKa3JnbUU2SjNKR1Z3a2NfQlVnaEtLb05zX3lRYUJFZE5UVnpuQ1hBclZ1Ulp0cTZ1ck8yeFFj?oc=5) · Patch
- 2022-03-14 [Tony Molina appointed new CEO of Picatinny Federal Credit Union - CUInsight](https://news.google.com/rss/articles/CBMipwFBVV95cUxPU1EzMGtYcW96TlBwRkFfNWNwMXpyOE9zd0hxb21Cam1BX3dSWE02WjE5ZHpaSTBBN0psOHF4Y0c2T3Fobnh5bmk5TEFOaXFzZzh3cWdZdHEta1IwcEEtQUVjaXo4RkZFTW5HVjBodFNVSkd3cnVJdW5xVjJ1SGVPcE5iYkszcGRIcnBsczRkNmJEd2pRZGxkbjNpdTk2ZzNYeXNKMEhkbw?oc=5) · CUInsight
- 2026-06-01 [Stolen Vehicle Pursuit Ends In Crash In Springfield, 2 Apprehended: Police - Patch](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPQzhQdmFzd0FfY3ZXdGFTR21NbS1ZS3k0ZXdYeFNJQXFsdmlHMzE0a3lZZFNCSUJXMjN6Mm1UVkxwYTBFNFJNNUw2QXZFMXNzLWw0QmJhVXhGUTZaRFQxekwxS0R3cTFXQjViMWdPRE9XbmpYYlYtWlR0T1FzRS14UmczWEhRU05lUDVTajMtY01pMUVUWkctWmZVaUxqNFZ6d2Z4RTl0NmxvdDA?oc=5) · Patch
- 2026-02-23 [Snow Totals, School Updates For Union County - Patch](https://news.google.com/rss/articles/CBMihgFBVV95cUxPNndJMGxISlo3VDdpRDl0YTRZcEJYWktpVGZBdkd3TmZPcWlvMlhsQ3k3ZDZYSXJCUDAteVFzRkk1enV5ajlLelhMWElMWHlTcFVZM3RUYjFTb1pZREZfWUZfN090OWpFSHU5Z3lXR3lrX1p1ZV9YSF9HMi1lR1R2WF8xWFRIUQ?oc=5) · Patch
- 2010-09-24 [In support of our service members, Morris County vows to commit - army.mil](https://news.google.com/rss/articles/CBMingFBVV95cUxNMXQ5aUNWbmhlb1ZJWjYyQUJ5bGFiRmpGQ05VRFo0NHJLbXUtM1dLTEVEME5pMlpFU2xhNk1jS0VmVjI1VEF0elpnLXNYTDR5d1ZZREdaN1VQLWdCQUlTS1FYcFRBdmFIbGloN1lXR3hhSjNuOVoxLTJ0RzhHSlRYRUtVbFJsTTRXOU1NM29IQk92V09RUjZiV3hRd3BSd9IBowFBVV95cUxNVWp6LV9EVHdNbGJNZXNyQzQ3SGYxYjFfNnI0Q1RTejItLUpmNndCdk40X241UmJ0NWxjLVVSQzBzdW5scHg1bGZsbnQyT2F6V3B1MTJRVnp1SFItM1pQbHdPWXVKMy16RjBLcjhJMV9ZajVObWgzNFNVR09VNnJIcWM3dkdscjhib2t2NVdaS25odjR0UFRWYVRreC1nZ0V6bUtj?oc=5) · army.mil

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=3291 (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/27.json (key "3291", 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=3291
- 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