# PARKWAY
redford, MI · NCUA charter 5420 · asset band <$50M · latest filing 2022-12 · stopped filing after 2022-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/parkway-5420

Who the members are: federal charter, multiple common bond, organized 1947, low-income designated. 2,147 members of 10,000 potential (21.5% of the field); checking penetration 39% (share draft accounts per 100 members); loans per 100 members 20.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $25.0M |
| Members | 2,147 (-9.8% YoY) |
| Full-time staff | 4 |
| Net worth | $1.9M |
| Net worth ratio | 7.6% (p9 of band) |
| ROA (annualized) | -1.30% (p5 of band) |
| Total delinquency | 2.68% (p86 of band) |
| Net charge-offs (annualized) | 0.03% (p39 of band) |
| Loans / shares | 20% (p7 of band) |
| Cash / assets | 45.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.79% (p16 of band) |
| Operating expense / assets | 4.35% (p82 of band) |
| Vehicles % of loans | 26% (p14 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p42 of band) |
| Vehicle delinquency | 0.00% (p17 of band) |
| Vehicle NCO | 0.00% (p27 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 65% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 97% |
| Certificates % of member funds | 2% |
| Average share balance | $7,112 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 20% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $10,383 |
| Loans granted, annualized | $1.2M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, delinquency 2x band |  |
| 2016-06 | 1 |  | delinquency 2x band |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | delinquency 2x band, members leaving |  |
| 2017-06 | 5 | net worth falling, delinquency rising |  |
| 2017-09 | 2 |  | delinquency 2x band, net worth falling, delinquency rising |
| 2017-12 | 3 | loan book shrinking |  |
| 2018-03 | 5 | net worth falling, delinquency 2x band, delinquency rising | losing money |
| 2018-06 | 2 |  | net worth falling, delinquency 2x band, delinquency rising |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 1 |  | loan book shrinking |
| 2019-06 | 2 | losing money |  |
| 2019-09 | 1 |  | losing money |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | net worth falling, repo signal |  |
| 2020-06 | 5 | losing money, loan book shrinking |  |
| 2020-09 | 5 | margin squeeze | loan book shrinking |
| 2020-12 | 6 | loan book shrinking |  |
| 2021-03 | 8 | thin capital, delinquency rising |  |
| 2021-06 | 8 | delinquency 2x band | repo signal |
| 2021-09 | 7 | charge-offs p90 | net worth falling, delinquency 2x band |
| 2021-12 | 6 |  | charge-offs p90 |
| 2022-03 | 7 | net worth falling, expense trap, assets shrinking | margin squeeze, delinquency rising |
| 2022-06 | 7 |  |  |
| 2022-09 | 7 | delinquency 2x band, delinquency rising | net worth falling, expense trap |
| 2022-12 | 7 |  |  |

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

- 2026-03-25 [News | Newly built industrial facility expected to position West Michigan for growth - costar.com](https://news.google.com/rss/articles/CBMiuwFBVV95cUxPcjBsR3Y4a1hkWDFUcVd5MUtla0FKVk9RQV9mZjN1MUZnZUktVjlHcE9XVWdraFFDNk9NT0dIMm1uaWdybTl3LTBHQ0FYdkZnbXJONEl3YlFBWkxLVXNNd0hjTFpjbVdJcUdrcGNtNTRZeW9iX2U2d1pIQ1lSWDJtbGV4bDFpWlZQeEdNT2dFTjZYa2UtYjA5Q2VBVUZIb2ZSZTZuS29IRW5CTk1Od3hIejdsX1RWQVluQ0Y0?oc=5) · costar.com
- 2026-06-01 [Luke Bryan Setlist: Get Ready for His 2026 Tour - Ticketmaster Blog](https://news.google.com/rss/articles/CBMia0FVX3lxTFByb1kyWF9wSEhJaElfRFhpUTlLcGNKRU5Sb1N0M0JJQ0pYUUs0OEhkM3FSaFJGMnJPNWhWd194VkFHb3QzR3pjZXRFSGxFZzVOS1RsN0pjbjhpSTVPX1BOemRvUzVBbTlMZHk4?oc=5) · Ticketmaster Blog
- 2025-11-19 [Truliant FCU sells HQ, ops center, four branches for $89.5M in leaseback deal - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxNVTI2LTBmU1FXcFZOQnVCS3kxQjlXRS1vU183T2hKVzEwT1diVGJCeGZJekFQSENwaWxrbVJpMm9uMmNZcHV0amFGYS1mdnFuOHNnWGZISVRPTnlIaTdESjVZSmNDZ1ZxOUhVX3l4ekd0dV9LVUUwYWN5aDJOR3V0T1Y2WUp3UTF1U0I5cF93T29pNElnUk5XQ21sUm5XMDY4bDAzd0kzOA?oc=5) · The Business Journals
- 2022-11-16 [Among 10 Latest CUs to Announce Merger Plans, a Common Theme - cutoday.info](https://news.google.com/rss/articles/CBMinAFBVV95cUxPLTROYjR3clBCWDVBTmVEa05mbHRqQ3BzWkxmR2N5Ukd5eWdHMlcxZU1aNm1UWUE0UHlkQXVRM2xQMy1xWWV0cjF5VUlUTGxDbkNxQ2o4bDV2dS1GUG1zNnhIcGhZTnN0emVwdzBTOTdfcklaRkt3SUt0Umxwd1RhVjNtRm5PTzdrbEJRcy0xSU1rSE5vTVhndW1QZWs?oc=5) · cutoday.info
- 2026-04-21 [Blue Cross to close suburban office, move 130 employees to downtown Grand Rapids - MLive.com](https://news.google.com/rss/articles/CBMizAFBVV95cUxOanZhVmVZVFgxbDJTQ2FZanlPTVdvNWVrOWRseXdGRnJDWmZhM2Z5SFVMSXd5cVdmZGpKVjJkQ1JkRmxwbWJ2NWRZd2w3WWg0WVJYdFd2SVVNb0JwRnpHRnl1TktnUVNPZk15SkZ3RC1OQ1pGejhVRlRhWE5BeThUR19obWZfY09Gd3BiYmR3d1RKVkltd01Gd2VuN3FuREVSRmQ1V2Y2VDJyNnpaSzFSLWx2aXh3MXBYbklKVERpYzNULTJKYnFLWV9oZk_SAeABQVVfeXFMTThfU0plSWVDUVh5RjIxdTJxYXd6WWFtUGpab25nU0hqbVdQVDhTNkVwN0xxQXI0Mkt6bmpteEhtUXVwelV0NUg3SmRURDFmbXZXaWVVU0NNS3NJTXlPS3dSS2dWWmVWZGtWOVR1N1k0RnhZNXdXOEpvNm1ZSEVCZk1yVGtwUl9FSFVaMG9MOFZ3S3hWS1QyTWFQZlRiZjJvYkNpMHpDbVVOQTEyemFiVkVIeThSU0lKXzZneThQcDBWTlFHdXd6MWQ2OEFsUDZ1a3c4YkxkWDlZUzRiMlJNZ20?oc=5) · MLive.com
- 2024-03-20 [Financial Plus Credit Union branch robbed in Fenton - abc12.com](https://news.google.com/rss/articles/CBMizwFBVV95cUxOTTNjUjdjVFZIaE5aakNqbXRSd2lVRk5VQ2dyZGNTdHpMa1Fib1Y1dkdVY2dRVnpVR0hHZC12Q1lrZ2ZhQWJxbUxZR1dXekE3dF9qbzJEdHA5dUgxYzJLc0l6LUtFWGVjZlJmQmdhcWNFZkpUY2ZXOGgxWHpkTXJFT3JLQjdYOWJtWk9EXy0zZlY1WHpxZXVVRVJoWHQwM2FWeUtQS1lwYVg0TnQyOF9BVEtJdVd1b3NNOWx1UTd5cGo2TnNpUkpzTmJUYnVDQ2M?oc=5) · abc12.com
- 2018-09-04 [Teachers Federal Credit Union acquires Melrose - Long Island Business News](https://news.google.com/rss/articles/CBMigAFBVV95cUxQUWtPR3ZFMnBVMk41Q2Ewd01VV0o3b0xQLTltb3phUmRGM1lISEhKQlVPdjVZU0NWNFNjMUI5YjM3anFsbWxlbjNRUE5UOEEtY1YtOVhWbjNfaHdhSEhsc0Z2amNrYUVQOHNGcGZ0MTJUT2NBbWxXMWtIcG0wS3g1Xw?oc=5) · Long Island Business News
- 2023-11-04 [Comtrust credit union to build new headquarters on Riverfront Parkway - Chattanooga Times Free Press](https://news.google.com/rss/articles/CBMinAFBVV95cUxONVFRcFlreWVlYS1VSk1sb0RqMW9ybXp3U3h4bUlrWlFQNVA5X0lfZEJHZ1ZyNl80UFR4S25FY0gtOTVTbG0yenpsNDlnbzVMXzVoalNtT1dBT05Bd1hnTlJqOTZzVGZ3cElzT3AtRTR3TUlhQXdCRjAxQXBUOGwtclhSYnRPeWJOVkpaRjAtZHRwVHV6Uk1nS0tqYkk?oc=5) · Chattanooga Times Free Press

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5420 (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/44.json (key "5420", 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=5420
- 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