# CHARTER OAK
WATERFORD, CT · NCUA charter 3413 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/charter-oak-3413

Who the members are: federal charter, community charter, organized 1939, low-income designated. 86,156 members of 385,223 potential (22.4% of the field); checking penetration 70% (share draft accounts per 100 members); loans per 100 members 21.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.70B |
| Members | 86,156 (-2.3% YoY) |
| Full-time staff | 185 |
| Net worth | $209.6M |
| Net worth ratio | 12.3% (p74 of band) |
| ROA (annualized) | 1.72% (p96 of band) |
| Total delinquency | 0.31% (p16 of band) |
| Net charge-offs (annualized) | 0.09% (p6 of band) |
| Loans / shares | 59% (p7 of band) |
| Cash / assets | 15.4% |
| Borrowings / assets | 1.91% |
| Net interest margin | 2.86% (p20 of band) |
| Operating expense / assets | 2.03% (p6 of band) |
| Vehicles % of loans | 16% (p24 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 85% |
| Third-party paper % of net worth | 72% (p32 of band) |
| Vehicle delinquency | 0.38% (p25 of band) |
| Vehicle NCO | 0.77% (p36 of band) |
| Repossessed % of vehicle book | 0.03% (p33 of band) |
| Real estate % of loans | 62% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 86% |
| Core shares % of member funds | 55% |
| Certificates % of member funds | 23% |
| Average share balance | $7,452 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $44.9M |
| Loans outstanding per 100 members | 21% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $47,008 |
| Loans granted, annualized | $176.8M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $44.9M outstanding purchased (21.4% of net worth), $0 sold and retained. Sold in 0 and bought in 3 of the last 8 quarters. Shares 2.3% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | loans>95% of shares, leaning on borrowings |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | net worth falling |  |
| 2019-06 | 2 |  | net worth falling |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 | delinquency rising | loans>95% of shares |
| 2020-06 | 2 | net worth falling | delinquency rising |
| 2020-09 | 3 | delinquency rising |  |
| 2020-12 | 3 | thin capital | delinquency rising |
| 2021-03 | 2 | margin squeeze | leaning on borrowings, net worth falling |
| 2021-06 | 2 | 3rd-party paper>100% NW | margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 1 |  | thin capital |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 3 | delinquency rising, assets shrinking |  |
| 2023-06 | 1 |  | delinquency rising, assets shrinking |
| 2023-09 | 2 | delinquency rising |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 1 |  | delinquency rising |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 | delinquency rising | 3rd-party paper>100% NW |
| 2025-12 | 0 |  | delinquency rising |
| 2026-03 | 0 |  |  |

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

- 2025-11-14 [Charter Oak Federal Credit Union announces new President/Chief Executive Officer - CUInsight](https://news.google.com/rss/articles/CBMivgFBVV95cUxNcjZweE5MZHdnTzNWel83cHlKRWtaZ0ZHSUMxSmhSQ1U1djI1eThCYVpRTkVWeGFxWXhINXJLcV9GR2hoeWUyOG5TcXNka1k5aGdyc2dEcEhqRWFHejhLcVNFMDExMDJzdXB4UWRoT2FuT0NjS1N2NEpxazh4WW1zM2NQa0ZIdWVTVmpzX19Dc2tEcDhyeHlvcmR2OFZGZVBGdEpYUzN5TE9mcGwwUkdpa0pSM1JOSkJLclB2el9R?oc=5) · CUInsight
- 2026-04-02 [3 arrested for roles in criminal enterprise to defraud banks, East Lyme police say - wfsb.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxOZXJEQjR6QU9ZRWVwRklBRTRQOFJrMXp3Q3Fibk9LMlZwYWJDdGE1Q3pEQ3J3YVNldUNjeThPNmRCRlNPMDYtUnV3azJ6RDdHbmZVUXdheVRlTHdDUFQ0U3RmWVZFX2lLM19IejB6eVEzZ0RMblMxcUJOS1YyeUhOREVIT090cmE4bnRjUjByLXNGYjVUdlI5ZHQxME9QVEJUT0llUU5n?oc=5) · wfsb.com
- 2025-12-02 [CT credit union robber ID'd by distinctive facial mark, police say - ctinsider.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNNGVCbFV5ZUYwbzRHLWJDZXF3eUZEY3RjOFBqbEx2aGVWY1VQMnF1THhVenNibDNXQmtJMExzUkFQT2hBVmEweFAxSEZLTDVkN2hNUmFxRFlIMnliTjNRbkM5VTF4M2Q0WjNQSnBfaXJ5Zk1kVERBSGJFNjhGLVNQV1JsNWt2ck94Y3ZKM0xVbTNqN3VIWnBjNnVmN2FYb0RNMjBibmNqU3U?oc=5) · ctinsider.com
- 2023-07-19 [Charter Oak bank website back online after cyber attack - WTNH.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxOcmVwMmYwZ0lWVTcwSlFGRV9rR1F1WXdNWkxSMU1pWjRaTEpPbEMtUjY4Y1h6QUpDSzg5WTJQTnlrSFdtS21la1pydkN2YkxTTUEwS1MwTmlhOGFzT0lDT0xucDlwTFhVazdBejllc2FYdzVkQWhQLTRMLWRKSlJWUWxrX3VxaE85T3NRZDFqa2syQS1PNV9QR3BR0gGfAUFVX3lxTFBIT0Z1UzdQdVZPaml3ZXBzUmxiY1FmVGg0TnJPTElxU3ZzQlZ1b2Y0cHdOX3NVdU1DWDJ0MkNqd2R5NVZxZ2JETjlBWFM0Z3YwOUMtanphRlVvREpNbmQ4Sm1CZWNxcUVVWl9Ha2tBQzNxbXoxcFZpRnhQRjZ6bUg4dUJJZTdsWTdqSmVrUnoxYVZvZTZHM0ZGakJuaEVEOA?oc=5) · WTNH.com
- 2023-07-17 [Charter Oak Credit Union Hit With Cyberattack, Spoofed Website - CT Examiner](https://news.google.com/rss/articles/CBMinAFBVV95cUxOWmNsN3NFUUhBMmVZSV9xaS1Qc2JvSnRnYmoxMlRlUmxjNExaRDZ2X19UOUt3dUZHOUNZYzh0WFJNamhFaTM1S0dNZ3c3dlhsa0RLZlJWSGRHR05aMmw2YUFjT25FQ1o3bmt3bFdaejNHUlJMVE9pNm4tMGh2RE5KODFDSXhQbDlYQzJVdFZiUm5JMVpZSEtPaWhBLW4?oc=5) · CT Examiner
- 2018-11-20 [Sundae Franklin named senior vice president at Charter Oak Credit Union - Westerly Sun](https://news.google.com/rss/articles/CBMi5wFBVV95cUxNRWg3ZkJQNm1xeXctUlJUUVV0WVFiOHJiWGtBRmM4R050cktydVc2RWEwSm9ucTViTDNKWENQTmtNTVd1a3VjR2pFNVFWZUpDQ1ZwTk5tcWJoZHRwQmVWLVZkNGFQNHdscjdpNFZWREJwUmt2X1ptSjdaWkVGOUN4SmN4UGY1MkZGYU9VTTRSRkhQdnRIcml1elFQM2N4cGJDeHg5LUlnZUwyellfQWQyMndTTUt1MXo1eFhLUWUxeVl4bkQ5ZEprdHY0ZWZyUzhFWHpiNXprQ0oyQTFjeEM0RFVPbFJKNEE?oc=5) · Westerly Sun
- 2014-06-16 [GALLERY: Charter Oak's Credit Union - Norwich Bulletin](https://news.google.com/rss/articles/CBMiswFBVV95cUxOVFo1TzNzMDR4bDlhT2Mxdlgtcy1BSkNCWUs2djY4UURJaTJJbDJRN3E5YnJ0UmlwUndHT0REcW16aTRsdWdFc1NRNmxzQy1IaUZxRVZOb0o5SVhhTzJlV0JjTWQ4akFEdzFUeXdLbXJ2Ui1fM2VjU1RVWi1wWHZhNXBRa1dlWEw1OTgyYkFFU09oVDROOXFCRTMyTkhRYl9sdUFJaHdjTXA3OGRsUVNhZDFtdw?oc=5) · Norwich Bulletin
- 2025-09-25 [Credit Union Helps Nab Suspect in Stolen U.S. Treasury Check Case - CUTimes](https://news.google.com/rss/articles/CBMioAFBVV95cUxQUzFhNUc0WGNRRUswMV82V0p0QzlmdUZ4M1FRX1dNNUxKTGFEX0swM04tWmxYdG1odWQxbkdnUkV2c2VJQ1dmYjdWbGdrMWZpSEVVa3Q0LU00ajg0eGlwZ3l4VEV2M1h4emJTZFhVOTE5U3V4aE0tWDgwWEpHa0hTaWg2eGZGVGRZdEJsLTNncTNYb25Ec3I2UkE5NDhfc1hU?oc=5) · CUTimes

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=3413 (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/21.json (key "3413", 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=3413
- 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