# BENCHMARK
West Chester, PA · NCUA charter 3738 · asset band $200-500M · latest filing 2025-12 · stopped filing after 2025-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/benchmark-3738

Who the members are: federal charter, multiple common bond, organized 1940. 8,943 members of 524,989 potential (1.7% of the field); checking penetration 67% (share draft accounts per 100 members); loans per 100 members 40.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $296.4M |
| Members | 8,943 (-9.0% YoY) |
| Full-time staff | 28 |
| Net worth | $30.6M |
| Net worth ratio | 10.3% (p34 of band) |
| ROA (annualized) | -0.12% (p4 of band) |
| Total delinquency | 0.52% (p34 of band) |
| Net charge-offs (annualized) | 0.06% (p8 of band) |
| Loans / shares | 87% (p78 of band) |
| Cash / assets | 13.7% |
| Borrowings / assets | 6.24% |
| Net interest margin | 1.86% (p2 of band) |
| Operating expense / assets | 2.48% (p12 of band) |
| Vehicles % of loans | 10% (p8 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 57% |
| Third-party paper % of net worth | 59% (p43 of band) |
| Vehicle delinquency | 0.25% (p17 of band) |
| Vehicle NCO | 0.40% (p32 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 82% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 39% |
| Core shares % of member funds | 45% |
| Certificates % of member funds | 37% |
| Average share balance | $12,272 |
| Participations bought / yr | $6.1M |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 40% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $60,988 |
| Loans granted, annualized | $26.9M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | net worth falling, delinquency rising, 3rd-party paper>100% NW | losing money |
| 2017-06 | 2 | losing money | net worth falling, delinquency rising |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 0 |  | 3rd-party paper>100% NW, losing money |
| 2018-06 | 3 | losing money, delinquency rising, assets shrinking |  |
| 2018-09 | 1 |  | delinquency rising, assets shrinking |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | members leaving |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 1 |  | losing money |
| 2020-03 | 3 | net worth falling, delinquency rising |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 1 |  | net worth falling, delinquency rising |
| 2020-12 | 2 | margin squeeze |  |
| 2021-03 | 3 | net worth falling |  |
| 2021-06 | 1 |  | margin squeeze, net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 2 | net worth falling |  |
| 2022-09 | 2 | 3rd-party paper>100% NW | members leaving |
| 2022-12 | 3 | loans>95% of shares, leaning on borrowings | 3rd-party paper>100% NW |
| 2023-03 | 1 |  | net worth falling, loans>95% of shares |
| 2023-06 | 2 | loans>95% of shares |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 4 | delinquency rising, assets shrinking |  |
| 2024-03 | 3 | net worth falling | loans>95% of shares, assets shrinking |
| 2024-06 | 4 | assets shrinking, members leaving, loans>95% of shares | delinquency rising, net worth falling |
| 2024-09 | 6 | losing money, delinquency rising |  |
| 2024-12 | 3 |  | assets shrinking, loans>95% of shares, delinquency rising |
| 2025-03 | 4 | net worth falling |  |
| 2025-06 | 3 |  | net worth falling |
| 2025-09 | 2 |  | losing money |
| 2025-12 | 5 | losing money, delinquency rising, assets shrinking |  |

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

- 2025-06-10 [Two Pennsylvania credit unions merge into one - Yahoo Finance](https://news.google.com/rss/articles/CBMiigFBVV95cUxOdWJqQnU3Z0kta3FXaldlWXpOR2JjUGsxRm1PbVlnYnY1b2ctd1JEbmhCWGZkLU9sRmhET2F2c3RCQ0NaQ0tsejcydFJTbUxaUV94S19GeFV3Z2hOTHlzcmpZZkp5YzB4bUpBY0E0dF85ZExpdVVnUmhIdFpualJKMHNxWmU3NEswdGc?oc=5) · Yahoo Finance
- 2025-12-15 [Robin Feeko Obituary - Paoli, PA - Dignity Memorial](https://news.google.com/rss/articles/CBMifEFVX3lxTE5vTU4tdEFQempjMGl3RkhGRHVFSk5ObVlWeHFGWlozMHBnYzVuQ0p0R1lPLU5zTUx5bC16WUI1NERmcUhOUWl0cGNBVWxFYkNGY0VIaW1SOUwzSHVHSWxFb05YSzRIcHhyRklib25lWjZuNVBsQW9PaWtDX3o?oc=5) · Dignity Memorial
- 2025-06-26 [Benchmark Federal Credit Union to merge into Franklin Mint Federal Credit Union - pottsmerc.com](https://news.google.com/rss/articles/CBMiuAFBVV95cUxOSmNkUWpkQW15V3BtdmhobW42QjhTM2g5M0NPTC12aGU0NVdadkxGOXVTY2ctRXVVUmpDYW4tTXBtRkQtVlk5YkwxWWl4YjI0eXluWXdqODhCbVlrcVRWaW04d3MybExhUV9FckFueHY5Vk5uUHNfbFgxaTV5ajZGcE1neXZlU2dMOXVBS2c5aFg3cm0tRlRyY0xzdFFLdG5uUFpXWlBSY0FjQS1DckpMSXF0R3o1bzZR?oc=5) · pottsmerc.com
- 2026-06-04 [Josh Groban Setlists: What to Expect at the 2026 Tour - Ticketmaster Blog](https://news.google.com/rss/articles/CBMiX0FVX3lxTFBvUm1GM1A4MGJBazRzM3V3cW9iYW9VdXFVa1AxUEhDc1pRbzJRSGR5ZnlUOXJyX2dGRFpkR2JfTmJqTUJadnlEcW1WZTZNY2VYdlFQbUY3cnhlMjBVVVdR?oc=5) · Ticketmaster Blog
- 2026-01-06 [Phoenixville Shopping Center Shadow-Anchored by Acme Supermarket Sells for $7.4 Million - VISTA.Today](https://news.google.com/rss/articles/CBMidEFVX3lxTE5FaUpET1hQVmJtUWpDT1RWRUh1VmplVmpVaTY2eVllOWY0UnhUOXhDT0Naam5OT21DSENNYXRhb2hGdVZicWdtZ0xfaGZ1VEE2N2wtUFN2RHFTcW1kalRXXzRXeEFHckhZSEgzOGp6NmV1Yzlx?oc=5) · VISTA.Today
- 2026-01-02 [A Phoenixville shopping center sold for more than $7 million - Inquirer.com](https://news.google.com/rss/articles/CBMirwFBVV95cUxPZ1VOeURMY2FpakFFTTJtdEVRWnBJX0xyV29LQ3dOckZJQzJPUmpHbGJFbkl3ekt0ODhVTXg3ZlVYRU9GZURaSmtYc0ZRMmFXMVE3YjVweDhzd1pfZE5qOVpua0hrR2ZtWWZZazJqZExPSmFPYWxIUlppZU9vQllvRjZ6b2J2OWFVdHYybHFhNzdXNGZHSzYxMFZqUzRzOFM1d2hHa3d6RDQ3dmZYOUhz?oc=5) · Inquirer.com
- 2025-06-13 [Fed bans Arkansas banker; Pennsylvania credit unions to join - American Banker](https://news.google.com/rss/articles/CBMirgFBVV95cUxOZHFjT0J0Y2JZRXN4TnZNcUt5M1Q0STVOSHZZdjNHZ0lIaDJrVS1ua0x0TUZPcFNUalRwb3hvLXJtZUtPUmFjSUdJZlJVMDZTb2habkJfMXNhREY0UG9GUFU5c3AtOXZWZDRVV3NNc2RyRVVvRmYwMFhsNmVHenR1Nk9BUmlPX1JGQlJNall3a1ptNVhFSFh6dU9IWExMbF9jZWpZVFlxZzdVMFVYcFE?oc=5) · American Banker
- 2021-11-18 [2021 Crystal Performance Awards Show Pandemic Resilience Among Credit Unions - Fiserv](https://news.google.com/rss/articles/CBMixAFBVV95cUxNX3pLYXJNeWI0ck0wTnJNcElTbVU2ZzB1VF9zVEJ5YlFKelQ1dE84VE1nU2ZydXU0Y3ZVZENybXpFQjNSY3VKN2RHODE1OXl1dDRzUUNzQmo3N1diNWR4YnFILXlhWE1jcVJ4N3cwWGh5bWNBQkRmNVJHaWttSHYwMkIyUUFNTTlPUUFWc3RhLVRvaHF1VkQ5UFVxVGZtUWJEd0lXNUJQbXhDYnpKRXZqVnVMSnVieEM5NkowRTZXRjU2NVdW?oc=5) · Fiserv

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=3738 (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/26.json (key "3738", 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=3738
- 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