# THE SUMMIT
ROCHESTER, NY · NCUA charter 4580 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/the-summit-4580

Who the members are: federal charter, multiple common bond, organized 1941. 97,655 members of 800,000 potential (12.2% of the field); checking penetration 48% (share draft accounts per 100 members); loans per 100 members 83.

**Verdict on the desk:** this could be *auto monoline*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.48B |
| Members | 97,655 (2.7% YoY) |
| Full-time staff | 4 |
| Net worth | $166.1M |
| Net worth ratio | 11.3% (p61 of band) |
| ROA (annualized) | 0.95% (p72 of band) |
| Total delinquency | 0.31% (p16 of band) |
| Net charge-offs (annualized) | 0.27% (p20 of band) |
| Loans / shares | 90% (p60 of band) |
| Cash / assets | 11.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.04% (p32 of band) |
| Operating expense / assets | 2.65% (p22 of band) |
| Vehicles % of loans | 65% (p99 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 90% |
| Third-party paper % of net worth | 413% (p95 of band) |
| Vehicle delinquency | 0.19% (p10 of band) |
| Vehicle NCO | 0.27% (p7 of band) |
| Repossessed % of vehicle book | 0.00% (p11 of band) |
| Real estate % of loans | 30% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 1% |
| Core shares % of member funds | 30% |
| Certificates % of member funds | 38% |
| Average share balance | $6,752 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $2,166 |
| Loans outstanding per 100 members | 83% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $14,376 |
| Loans granted, annualized | $468.9M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $2,166 outstanding purchased (0.0% of net worth), $91,565 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 4.1% year over year.

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | loans>95% of shares, 3rd-party paper>100% NW |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | net worth falling |  |
| 2016-12 | 2 |  | net worth falling |
| 2017-03 | 2 |  |  |
| 2017-06 | 3 | net worth falling |  |
| 2017-09 | 3 | auto monoline | net worth falling |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 4 | net worth falling |  |
| 2018-09 | 3 |  | net worth falling |
| 2018-12 | 3 |  |  |
| 2019-03 | 4 | net worth falling |  |
| 2019-06 | 4 |  |  |
| 2019-09 | 3 |  | net worth falling |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 4 | net worth falling, delinquency rising | loans>95% of shares |
| 2020-09 | 4 | delinquency 2x band | net worth falling |
| 2020-12 | 2 |  | delinquency rising, delinquency 2x band |
| 2021-03 | 4 | thin capital, net worth falling |  |
| 2021-06 | 3 |  | net worth falling |
| 2021-09 | 2 |  | thin capital |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 3 | loans>95% of shares |  |
| 2023-03 | 3 | net worth falling | loans>95% of shares |
| 2023-06 | 3 | loans>95% of shares | net worth falling |
| 2023-09 | 3 |  |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 2 |  | loans>95% of shares |
| 2024-06 | 2 |  |  |
| 2024-09 | 3 | loans>95% of shares |  |
| 2024-12 | 2 |  | loans>95% of shares |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |

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

- 2026-03-23 [Syracuse Crunch To Hold 16th Annual Pucks For Paws Presented by The Summit Federal Credit Union April 3 - Syracuse Crunch](https://news.google.com/rss/articles/CBMi5AFBVV95cUxNTmpMMDVsM1E1UU9uMVVMT1lzMXNuUTFYcE8tSHZfQ2p6bFNuSURGdV83YWpoTHpmMW9uUldCRFdxRmIxTFhTV0xrNDFaNDJQbzROUGRsYl9CcTdGT3pnNi0tOVZCOUpzNVk0a3ZrZTM5VmRUb0ZmcWItRUNTV25nYmNLMVFrenY1Q2VyV3QwUUl1VWZZc3ROMm93a0NHSlhTM1h5OFc1aUdscU9yTlBKcFJVcS02VmN6VDdpUDM1cUx5ME8tdHM4VjFHakZUTHRTVTFkRXY1MWpiYm9OYVIzQmRJLTU?oc=5) · Syracuse Crunch
- 2026-01-27 [Jennifer Lake | Summit Federal Credit Union - rbj.net](https://news.google.com/rss/articles/CBMieEFVX3lxTFBkYnc2RjM1ajVkSlVkTG5ic19iX1g1dEVOOTNVUmpXdzM1TXdUMEZ5aXRQdnFKdzFRa0t2LTRFb2F6Ui1rVldkWjBnSVhwTVZ3b2pYX2kxNFFrUEIteERSSGJaLUtucXhPeUxMUElGcXJrRC1OMHF1VQ?oc=5) · rbj.net
- 2026-07-07 [Summit Bancshares Completes Purchase and Assumption Transaction With San Francisco Federal Credit Union - citybiz.co](https://news.google.com/rss/articles/CBMi2gFBVV95cUxPVzdOQkMtejNJWVhMQ1VGZzlveGdmeUxxTEtzMXQ5bFlzT2FHVEZac1lHNUg3T1FDUlV5TUJnV1dQWHZZdkJTRFFPdWNuN0J3QXVpYl9JTDVvREdhYVQ2bUZ2NnRlbG1DdC1UR2d4RjNIbUphZkR6ZlZuT2hzeDNEWFo2QUNMZEljaXdlUnFfcFJmZktCRUZraVNfdkRWRllieXQxT2RHakFYS0lrRDRyVnd1eXZWYldHaG1iYmM0MTc1UC16eXlMVEF6bmdNTUtyTTFOVEZjNXd1dw?oc=5) · citybiz.co
- 2026-04-13 [Eat Local New York Restaurant Week kicks off - WSYR](https://news.google.com/rss/articles/CBMijAFBVV95cUxQV3U5QXRkeHZwMUlnRHppcmtrUGtKWkJwVTJKQzJ0RDZROEdGZG0zUVR4XzNGeXFpdERiT1lTbUkxekY5dXJNQzFTX0twU2JmM1JVVEw4d1BxUHhSZXA2N0daWmRBU1AzaTMyWTNBbkh0WjcyNTNZd3gwcGNNVnVQSFNOMzVHTnpUWEtoWNIBkgFBVV95cUxOLUZkQWV5SkJDdVJJR3Znb1VDbXJWSWZFNm9ORWZBbFVabDM5UkVkcjJrTl9LdDRQY0pHdkh6Sm1uVXlieTFtVVowUjZWeXdGcW1SbGhtMjVnZ3pEX1RQZF9iU1ZhVGhBbnVPS2ZSajZUclJ3QXBsWUtUZFdOcDZSLVFKRGpZZkpTNEtNVEw2eWY3UQ?oc=5) · WSYR
- 2024-07-30 [Syracuse Crunch and The Summit Federal Credit Union Announce Crunch-Branded Visa™ Debit Card - Syracuse Crunch](https://news.google.com/rss/articles/CBMi1gFBVV95cUxPTC1TczVHUk9HRXBDc0pjWS1Ja29NQVdSSXp3RUptZVhPdVR5UFozU0Zjd3FSbGNTTDFNQk1kcGF4UGducmhiSm9fU0Jpbi1INUdnOTdmeEZxTUhQQWd6TVRfejdHNGN6NTN5X2R3elNQUTlwb1gzbnBNN3RxM0U2NkwzU0hRYVExZFZmNmdGczBPUG1PeGlVcTU0UWdpTWQxOXJtN2k2cEFNbnhYazU2ZnQyblpLZFFELWJzQ2t1dkd1SVNfam5uNldOWGVnQTZjTERkaFVn?oc=5) · Syracuse Crunch
- 2026-02-20 [2026 Treasure Hunt: See Clue 2 to find the medallion - Syracuse.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxNYW51ejB4aW9aYkVtNjE3Sm5CRWEtckg4bVlLdzNjR2VacG5Ud3I4Z1BLN3NaaHVrdFlUTENMTlUxTld1bWRkck5Da3FlZ0tKNmRjRE1YY2o5M3haWGJXRUR4Z2NUZVBkMkNKcllFejE0TERRZTg4SWw5eDA0WHpDX1NEMFJZaVg5UUZBeDUtdVVLbGFoOG9aMGI2Sm1ObktKMklQMnlB?oc=5) · Syracuse.com
- 2020-10-27 [The Summit Federal Credit Union Offers a Suite of Financial Tools for the Modern-Day Consumer - CardRates.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxPOE9zcl96UGhyYnRSb1AwSUUwdG1UU29RMlB6VlM0VnEtc3M0dV9hNmNUWFNhZDBIeGx4Y2JDUkR3YzNKc1N3Zmp3LWFmaDFSZUF0T09HSDMyTE82MTk2RTRaY2dFeS15THF6QURtS1hRVlg5ZXd5ZFZ1NmVsZUZ1Q0FUQlNLNmhBM1k4NmZXUHM?oc=5) · CardRates.com
- 2026-04-22 [What to expect for Taste of Syracuse 2026 - WSYR](https://news.google.com/rss/articles/CBMiiwFBVV95cUxONXM1Zk5YLUtIUGlhdjQwOHNsVzQ0R0pvSF9iaThXbEtHQkNaeFAzaTlvMC1URXRMamJQcUlXSGZhWTlrYi1TYmgwRkFpc3RGRzVzTVptcXNFUEc3VWgwUHBZdWFGN2hYZVZ4UV9CMkp2b3EzeklEYUdmeU93aWNUbXYxLW5TaFppY0M00gGQAUFVX3lxTE53bmwyX2tlTWk5aTVLUFd1RFI5OTZIRHpIQ1Exd18ycnVQNVRhTlFEaWN4QzVKQ0Y3akgxNHJJd01qQzhNbzA2Vm40UXBnRWRkTThrNVUyaFMtMUJ3WGdwSEM3N0Rlem1UaHZyVWotQkpELWpHV1ZXZmt3d3Q0Rkt1V3h0TFZYSkVYTTR1UWstVQ?oc=5) · WSYR

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=4580 (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/36.json (key "4580", 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=4580
- 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