# WATERBURY POLICE
WATERBURY, CT · NCUA charter 3709 · asset band <$50M · latest filing 2021-12 · stopped filing after 2021-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/waterbury-police-3709

Who the members are: federal charter, multiple common bond, organized 1940. 1,035 members of 1,550 potential (66.8% of the field); checking penetration 28% (share draft accounts per 100 members); loans per 100 members 20.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $7.3M |
| Members | 1,035 (-2.3% YoY) |
| Full-time staff | 2 |
| Net worth | $439,500 |
| Net worth ratio | 6.0% (p2 of band) |
| ROA (annualized) | 0.04% (p33 of band) |
| Total delinquency | 4.07% (p92 of band) |
| Net charge-offs (annualized) | -0.16% (p7 of band) |
| Loans / shares | 29% (p19 of band) |
| Cash / assets | 32.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.02% (p32 of band) |
| Operating expense / assets | 3.69% (p73 of band) |
| Vehicles % of loans | 62% (p55 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p46 of band) |
| Vehicle delinquency | 0.72% (p66 of band) |
| Vehicle NCO | 0.00% (p27 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 7% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 31% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 99% |
| Certificates % of member funds | 1% |
| Average share balance | $7,011 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 20% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $9,210 |
| Loans granted, annualized | $857,690 |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | delinquency 2x band |
| 2017-03 | 2 | net worth falling, margin squeeze |  |
| 2017-06 | 3 | delinquency 2x band, delinquency rising | net worth falling |
| 2017-09 | 2 | members leaving | margin squeeze, delinquency rising |
| 2017-12 | 4 | losing money, delinquency rising |  |
| 2018-03 | 6 | net worth falling, assets shrinking |  |
| 2018-06 | 5 | loan book shrinking | members leaving, delinquency rising |
| 2018-09 | 4 | members leaving | net worth falling, loan book shrinking |
| 2018-12 | 3 |  | assets shrinking |
| 2019-03 | 4 | net worth falling |  |
| 2019-06 | 3 |  | net worth falling |
| 2019-09 | 3 | assets shrinking | members leaving |
| 2019-12 | 2 |  | assets shrinking |
| 2020-03 | 3 | charge-offs p90 |  |
| 2020-06 | 4 | margin squeeze |  |
| 2020-09 | 5 | net worth falling |  |
| 2020-12 | 11 | thin capital, capital below 7%, members leaving, loan book shrinking, auto monoline |  |
| 2021-03 | 9 |  | losing money, loan book shrinking |
| 2021-06 | 8 |  | members leaving |
| 2021-09 | 8 | members leaving, loan book shrinking | charge-offs p90, net worth falling |
| 2021-12 | 6 |  | members leaving, loan book shrinking |

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

- 2026-04-28 [Successor named for outgoing head of statewide police credit union - hartfordbusiness.com](https://news.google.com/rss/articles/CBMipwFBVV95cUxPVGF2WG5PV0pOT21FNkMxbjltei1oZjI3UG5PT2ZlZWtDN1lkbVRNcmVkT2lTendtMXRzTWt4ejBWOFhkUWhMd1Q0S1FsR0trajFKTlNaeWw5MzRMOHhZNzZTU1RBZ0tDRjh5VVZGUVBCbFJkX1paMUl0WUNxT2ZaTjJ6WXEydE1OaGNPZHVLbjJ1ZTgxZXFOUlpDQVpqQVd6UDRNWUQ5Zw?oc=5) · hartfordbusiness.com
- 2016-11-01 [The best states for police and fire credit unions - Police1](https://news.google.com/rss/articles/CBMiuwFBVV95cUxPYTlEQXg4SnUySVB3bUxvQlV2RUlJS01jSDdiTG5LYk5lWk9IZG1hZTkyZklVdkpUWlB5R0NKX3FOeUg2U0JlVUxpczloM1MtQnlrajNFS2J0djZwVzRKamZqNWZiM2hPZkxScXRiWUdRWmtDYnM1UEhnMlY4dmdhZ3M1d2FHSGZtdXZtZmJvdmdoMnZpcXVFOTdJakFiNW5qRUpnM1A2bk1WNjNRQ214NVN6SEJsbHlrWTVz?oc=5) · Police1
- 2022-11-17 [Warrant: Two women were looking for a man who was avoiding them. A Waterbury educator wound up dead. - ctinsider.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxQNGRfeWhsQkgtX0loTXZXYl9tclEzUWZpMEplWWVIamNrcmZXMU15M0hfYUszTEN1VFdYbHJCR1J1cVpibWZ2Z0kyOFVfamgwR2oyVXRVdWR0LU1mTjg1ZWpxdVFCVHluYXpIMm56SmFLdmdaanJmS0JTdFRJQ2ZCWHpPSlgtekNkUExuRW1Kc083dlFG?oc=5) · ctinsider.com
- 2016-10-03 [33 credit unions that offer LEOs the lowest interest rates - Police1](https://news.google.com/rss/articles/CBMixwFBVV95cUxOdk9sSTlhb29RQzVzWTItVHRTOTk3YkcwMkREcHZncjVaendmc0Z5bU9MSEtWcGh5ejJ6MVNjeXh4UnNuWG9ZZzdkcjlnaHhpN2R3ZTV5dGNzWHZFOHZzdnd0TU1sVnBjYUxOUVRESHJXUEFrUElHX2xjanM2d3RNSFZXaUdLcWg0UDNwaW5pbGwxYmJRSDFnZWF5UlQwRVN6Q0tVRjg0TFMxMTJQMlg1cVRqZUVucTdzRjlwMmh4V0JTdEpTOVFn?oc=5) · Police1
- 2023-03-29 [Mrs. Lena A. Cronin Obituary (2023) - Waterbury, CT - Casey-O'Neill Funeral Home & Cremation Care - Oakville - legacy.com](https://news.google.com/rss/articles/CBMif0FVX3lxTFB5Y0lRbWdoam5ZSTlIX0ktNzNJRVNTT3hWVHMzVXVwQWM1cTZBTlQ4UE5QWnM5MzlDaXdhUGdkdXBzMk5hQndWVFRZam1MWEp1MFl0YXZ2YmRQeDlYbllCRFNEZHh3b2kxYmI0dUhVdHk4U09TUmo0YV96dWlXd0k?oc=5) · legacy.com
- 2012-03-09 [Mr. Thomas R. Carozza Sr. - ctinsider.com](https://news.google.com/rss/articles/CBMihwFBVV95cUxPT3lJRkdEb0k0aG4tRWJuYmNfMFpGNGVEUmxPWndJbXF3M0VUUkNJZy05cWlMWXdfakRqX2tBQWNJNndSdmhOOEhhc05IblNQcXJ1RFF1alpmWXpmOS10WUJmXzJ5NWcydF9qX0xld3pxQnQ0MENRWS1fdVNHSlo4dW53OW1EM28?oc=5) · ctinsider.com
- 2004-10-10 [Gina Monahan Obituary (2004) - Bridgeport, CT - Connecticut Post - legacy.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxQTlRoeGtHX2V6SVNmcXo0UG9MUlQybkV4VFF1aDkyNkYyN2hHZTFSQm5BZzE0dUt2OFhnX19fcEJhOEVQaVYtUWhsZnhVb1MwU2FXUExZXzlieS1vQlVYMndfRldHQ2hMSUR0MUVYMnN2djU4azl4aEdWN1lhMXdBVkc4ZlYyTFoxZ2c?oc=5) · legacy.com
- 2016-10-24 [Jean Pemberton - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxPRkE5c1dsOW16LXl0UWE0SzZkd3Y4RTBhX3ZpYVUtUDR1RjVSaGNReng5S2t3LXFnMGpmdFRXcGZWRjdXb19FQ2lTNWxOX3FTYUdrOG1pNE5YVm9DNGFwNXl6SjhvNFkyNXdGUnQyMjFGYVhoUE5EeHptcnlHWE5FbGhVYw?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=3709 (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/61.json (key "3709", 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=3709
- 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