# SKYLINE FINANCIAL
Waterbury, CT · NCUA charter 452 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/skyline-financial-452

Who the members are: federal charter, community charter, organized 1935. 4,157 members of 1,982,261 potential (0.2% of the field); checking penetration 43% (share draft accounts per 100 members); loans per 100 members 69.

**Verdict on the desk:** this could be *ordinary*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $45.9M |
| Members | 4,157 (12.6% YoY) |
| Full-time staff | 9 |
| Net worth | $3.3M |
| Net worth ratio | 7.2% (p3 of band) |
| ROA (annualized) | 0.65% (p54 of band) |
| Total delinquency | 1.48% (p71 of band) |
| Net charge-offs (annualized) | 0.01% (p52 of band) |
| Loans / shares | 88% (p89 of band) |
| Cash / assets | 19.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.76% (p81 of band) |
| Operating expense / assets | 4.79% (p75 of band) |
| Vehicles % of loans | 24% (p14 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.75% (p77 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 55% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 85% |
| Core shares % of member funds | 57% |
| Certificates % of member funds | 15% |
| Average share balance | $6,850 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 69% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $12,923 |
| Loans granted, annualized | $21.1M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 4 | net worth falling, losing money, margin squeeze, charge-offs p90 |  |
| 2017-06 | 3 | members leaving | margin squeeze, charge-offs p90 |
| 2017-09 | 2 |  | net worth falling |
| 2017-12 | 3 | assets shrinking |  |
| 2018-03 | 4 | delinquency rising, loan book shrinking | assets shrinking |
| 2018-06 | 4 | net worth falling | members leaving |
| 2018-09 | 2 | assets shrinking | delinquency rising, loan book shrinking, net worth falling |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 | net worth falling | assets shrinking |
| 2019-06 | 1 |  | net worth falling |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | net worth falling, delinquency rising | losing money |
| 2020-06 | 2 | losing money | delinquency rising |
| 2020-09 | 4 | margin squeeze, loan book shrinking |  |
| 2020-12 | 3 |  | loan book shrinking |
| 2021-03 | 5 | thin capital, delinquency rising |  |
| 2021-06 | 4 |  | delinquency rising |
| 2021-09 | 4 |  |  |
| 2021-12 | 4 |  |  |
| 2022-03 | 3 |  | margin squeeze |
| 2022-06 | 4 | delinquency rising |  |
| 2022-09 | 2 |  | net worth falling, delinquency rising |
| 2022-12 | 2 |  |  |
| 2023-03 | 6 | capital below 7%, net worth falling, delinquency rising |  |
| 2023-06 | 1 |  | losing money, capital below 7%, net worth falling, delinquency rising |
| 2023-09 | 2 | delinquency rising |  |
| 2023-12 | 3 | members leaving |  |
| 2024-03 | 5 | losing money, assets shrinking |  |
| 2024-06 | 4 |  | losing money |
| 2024-09 | 2 |  | delinquency rising, assets shrinking |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 3 | net worth falling |  |
| 2025-09 | 4 | delinquency 2x band, delinquency rising | members leaving |
| 2025-12 | 3 |  | delinquency 2x band |
| 2026-03 | 3 | delinquency 2x band | net worth falling |

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

- 2025-11-24 [Norwalk Postal Employees Federal Credit Union merges into Skyline Financial Federal Credit Union - CUInsight](https://news.google.com/rss/articles/CBMi0wFBVV95cUxOMkRpam9ORG55ZkZROWZoelpOUnNCUlY2c3ZCNUJfNWM4cHVHaENiMG95OWJlajJyU0ZlOWZvZFkxNFRnZHlLUzlXVmJjRjJEU2dIaUc0LXQxUDk0MS12Qk9CNEE1ODd3WWJoUXBNVUJRNVhlZXVDWmszakZXR3VxM1kyWTZSREdnVFJvSGVJTVhfWDlEQUlGMkIzb1FvTUZaX0xhY0hOM3lCeWgycllvaGRrV2hJSV93QzFLMXhoZEl6YmVXVThUNmdhZEZ6NmxjVG9Z?oc=5) · CUInsight
- 2026-02-27 [Skyline Financial Federal Credit Union - wfsb.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxOOG1kNE9VaElfNTJCdzNMbkl5Y0hjVlpzMU01TmFaV2djYnpQeFgyQjM0V1N0LXBLYUxZSURnN3pWbGlDbE1UM3JmZ0FOMTVHb2kxamZiMF9faXRSYzdENWZ3eGkyWkNYRkJNdnZzb2dEb25Ja3VRRkN1eDZtWjE5eU0zYw?oc=5) · wfsb.com
- 2023-01-23 [Skyline Financial FCU and Turnkey Processing Announce New Partnership - newswire.com](https://news.google.com/rss/articles/CBMirAFBVV95cUxQYjlmeEQwRmZlYTYxbmxNcWVzZ2hzVE1ndGZkUHp0QUVhMTQ3NXVkZlBpZk9QcXM0MElzOWxidXk1STBGd3Y4OXBJM0hzY0pRQzN1NUxGR19jMy1NMTFaM3pabFFxRmlDM2hUZGFsLVBEZGxtbXNpUVYwaGpmNjd1c1NKcHBkdWU2SGd1WlB2U1pucGFiVS1pTjlaOERCQ01TSGtpTzkxRE1SZGUz?oc=5) · newswire.com
- 2026-06-08 [Skyline Financial Federal Credit Union - wfsb.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxNbGxtaVhhcWl4UHBVSFRVdndvTXJmNTNLcVB5Mk5VQ0l0bTluMVFxTVhqSTBQeVhZSWN2dWVmTlUwRFNBWXlRVTlBMVJkQjU1NFdBWGxzbG9GNDZzcVhSdmQ0WUlNWDFfRl90b0tTUmdDdXFmS29NdTExNjNfM0RDcmFpRQ?oc=5) · wfsb.com
- 2022-12-07 [Former president of Waterbury credit union admits to embezzling $250K - fox61.com](https://news.google.com/rss/articles/CBMi3gFBVV95cUxNZHpfeU50REFyLVcxVlc3TTRiRjhZZFBXZ1o1TUNLMUJ3MHM3Qng2T1BNOWEwTEZiQ1hpSWlONUQ3NTYtVW9tcjdKRXpxUEplRGI2S2pYYUpKcEg2SExFVFc2bnZBaEJiazB2VTdXZ2ZLSjYtSW9lWDduZ203UHdDc3RJbmF2MWpjTzFTeUFJbU5hczkteVZCUFZfX0hMdm1fV3N2SkxzUzRZXzlWZDM3M1FZNW51b3p2czVNRU1VY3loU211eFRrek04WGgxMk5YT1Q3LV9XWnVNMW1ESlE?oc=5) · fox61.com
- 2021-06-04 [Skyline Financial names new CEO - Hartford Business Journal](https://news.google.com/rss/articles/CBMieEFVX3lxTE55OF9SY1MwWjlBQ1NLUlp2OTRNUldCUTFDWFFZbGNWdlJxeDM4a3NJeEtVTDE0Smw1VDNtQjRCUEZneWl4eHNoYlQxbFhzNElBT1pMQ1NrdU1sQXdaSS1sLS1XMUZUOWdXc21uRk9aU2tBaUFXc3UzWQ?oc=5) · Hartford Business Journal
- 2025-03-26 [Skyline Financial Federal Credit Union provides Seymour Ambulance Association with ambulance purchase financing - CUInsight](https://news.google.com/rss/articles/CBMi5wFBVV95cUxPSW9DQlFKNUZrNmpSdnREc1NadDRFWEhIb0YtWnAwb044RkQxamdPT0lhOUliZTBnSEdqeUQwaHFySVpPZ0dZakZZWVk3Njg5MEdScy1zeWtqbXYzNWo3VnhoWjVFLS1jSzBXajdVTDZaUEV3Um8zNk12ZVVwY2RIa1V4dmp0RDJCVEFPVV9DTHA0dHVHR3IxV1B3UFJIY0xVRURZVGtvNnhxWW1CU3lxVjBZdUlLUVpvVUFGZTkyb2xRS3VtbndTU3ZpNEl6ZU5iQmJfcG1jZGJjTzFkNC1yaHZCSG9xOGM?oc=5) · CUInsight
- 2023-08-01 [Former president of Waterbury bank gets 21 months in prison for embezzling $250K - WTNH.com](https://news.google.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?oc=5) · WTNH.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=452 (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/4.json (key "452", 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=452
- 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