# UMICO
NEW HARTFORD, NY · NCUA charter 3313 · asset band <$50M · latest filing 2024-09 · stopped filing after 2024-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/umico-3313

Who the members are: federal charter, service (single sponsor), organized 1939. 833 members of 2,000 potential (41.6% of the field); checking penetration 52% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *auto monoline*. 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 | $7.5M |
| Members | 833 (-7.2% YoY) |
| Full-time staff | 0 |
| Net worth | $867,914 |
| Net worth ratio | 11.5% (p30 of band) |
| ROA (annualized) | 0.35% (p34 of band) |
| Total delinquency | 0.01% (p17 of band) |
| Net charge-offs (annualized) | -0.11% (p4 of band) |
| Loans / shares | 74% (p65 of band) |
| Cash / assets | 34.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.92% (p52 of band) |
| Operating expense / assets | 3.75% (p58 of band) |
| Vehicles % of loans | 75% (p75 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% (p15 of band) |
| Vehicle NCO | 0.00% (p25 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 10% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 12% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 85% |
| Certificates % of member funds | 15% |
| Average share balance | $3,955 |
| Participations bought / yr | $636,237 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $9,439 |
| Loans granted, annualized | $1.2M |

## Flags firing in the latest filing

- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, auto monoline |  |
| 2016-06 | 1 |  | auto monoline |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 | margin squeeze | losing money |
| 2017-06 | 2 | delinquency rising, auto monoline | margin squeeze |
| 2017-09 | 2 | losing money | delinquency rising |
| 2017-12 | 1 |  | auto monoline |
| 2018-03 | 2 | auto monoline |  |
| 2018-06 | 3 | net worth falling |  |
| 2018-09 | 2 |  | net worth falling |
| 2018-12 | 4 | delinquency rising, members leaving |  |
| 2019-03 | 5 | assets shrinking |  |
| 2019-06 | 3 |  | losing money, delinquency rising |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 | delinquency rising | assets shrinking |
| 2020-03 | 3 | losing money | delinquency rising |
| 2020-06 | 6 | net worth falling, delinquency rising, loan book shrinking |  |
| 2020-09 | 4 | margin squeeze | auto monoline, members leaving, net worth falling |
| 2020-12 | 4 | members leaving | delinquency rising |
| 2021-03 | 7 | thin capital, delinquency rising, auto monoline |  |
| 2021-06 | 4 |  | losing money, loan book shrinking, delinquency rising |
| 2021-09 | 4 | delinquency 2x band | thin capital |
| 2021-12 | 5 | delinquency rising |  |
| 2022-03 | 5 | thin capital | margin squeeze |
| 2022-06 | 3 |  | delinquency 2x band, delinquency rising |
| 2022-09 | 2 |  | thin capital |
| 2022-12 | 1 |  | members leaving |
| 2023-03 | 3 | charge-offs p90, assets shrinking |  |
| 2023-06 | 2 |  | charge-offs p90 |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | members leaving |  |
| 2024-03 | 4 | delinquency rising |  |
| 2024-06 | 3 |  | delinquency rising |
| 2024-09 | 4 | loan book shrinking |  |

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

- 2013-02-26 [Local credit union employee accused of stealing $58,000 - Utica Observer Dispatch](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOYzVINVpMS1ZfUk51R1VGay1mZXBRNVFFR1VHWlYyQXpWaWRZUlp0REpvSjQ4TjhMeVhnLXhHVWZxVVhLaFdtblhHclVKMXk4ZnZPZDhpMlVoTlNaUE9Oa0I3UkIzYktUdkRRdGt6SHFsSGhXT0gyWW00dVktSEc3eVhCRFZ2bW9pOFhrcjd3TUNCTGtfVnFjREpMT1lOWnpLaGF6N2hlZ2d3Zw?oc=5) · Utica Observer Dispatch
- 2013-02-27 [Waterville woman accused of stealing $58,000 from a credit union - WSTM](https://news.google.com/rss/articles/CBMinAFBVV95cUxQLTFzZHRVVFZYbGVHUWNVMWxrOUFCdkZYdkt0bk1CaEZfX09PMEJwMG1CR25PUUdYbHZHQkRvNGJETGZOT1A0eXRHMGVubmlHT21mcUlIMEtaYS1HS2M5dmN0RFVxTmsxdERvS3dkcndRT1RvbGtZU1FkTFFjWnZJd1pTREcyNjREWHdQZEhOVndQWVpoUDF4UmpXYUY?oc=5) · WSTM
- 2014-04-03 [Stolen money disputed in Utica National credit union theft - Utica Observer Dispatch](https://news.google.com/rss/articles/CBMinAFBVV95cUxPMzY1SHBGWDVQSW0xT0JCOExYS05ReHZMLXN2N1pEU2YxN0x5ZF8zUFdsSzlTdWU1REZFMXlfVXdTSENSSktpeVpVRG8wWnZMRG5GSl82aEFCMGZMcWt4U21PS0EzWEZzZmloM3MzX3FDMUxRdUpMUWdBRWx5OUZSekNkcGJ5UXh4eFdiQ0dSRTZVVExneS1mTkFvS2s?oc=5) · Utica Observer Dispatch
- 2014-01-19 [Withdrawal of banks from region 'nothing to panic over' - Utica Observer Dispatch](https://news.google.com/rss/articles/CBMioAFBVV95cUxNYV91NVpQWTBnTUhxY1dzSUhERmJsbDlBcG5YRHVFYzd0ZXNxS3pNSHNUYjh3N0ZjX0ZkX1hkenRNV0FwbUNZcDFTeU9TQXh4X0loYWVaZmRYOGpJVzNQbVhxMkllQk1QX3VXUDdZZEE3Y3ExM1JLX1NmUWRlZkxaM1ROS2NFTTQ4VkQzUW81NE5tZ1RGc2hQb2R6SU9yUERh?oc=5) · Utica Observer Dispatch

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=3313 (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/49.json (key "3313", 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=3313
- 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