# GLASS CITY
Maumee, OH · NCUA charter 5495 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/glass-city-5495

Who the members are: federal charter, community charter, organized 1947, low-income designated. 26,888 members of 646,604 potential (4.2% of the field); checking penetration 50% (share draft accounts per 100 members); loans per 100 members 41.

**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 | $324.1M |
| Members | 26,888 (0.2% YoY) |
| Full-time staff | 54 |
| Net worth | $35.6M |
| Net worth ratio | 11.0% (p46 of band) |
| ROA (annualized) | 1.14% (p79 of band) |
| Total delinquency | 0.13% (p7 of band) |
| Net charge-offs (annualized) | 0.23% (p33 of band) |
| Loans / shares | 79% (p61 of band) |
| Cash / assets | 10.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.48% (p44 of band) |
| Operating expense / assets | 3.49% (p42 of band) |
| Vehicles % of loans | 62% (p92 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 88% |
| Third-party paper % of net worth | 439% (p98 of band) |
| Vehicle delinquency | 0.08% (p9 of band) |
| Vehicle NCO | 0.41% (p37 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 19% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 92% |
| Core shares % of member funds | 66% |
| Certificates % of member funds | 26% |
| Average share balance | $5,826 |
| Participations bought / yr | $4.7M |
| Participations sold / yr | $0 |
| Participations outstanding | $33.2M |
| Loans outstanding per 100 members | 41% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $20,569 |
| Loans granted, annualized | $67.7M |

## Participation posture (from the same filings)

Bought $4.7M and sold $0 in the latest annualized quarter; $33.2M outstanding purchased (93.4% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 2.3% 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 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | net worth falling |  |
| 2018-06 | 1 |  | net worth falling |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | auto monoline |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 4 | net worth falling, margin squeeze, members leaving | auto monoline |
| 2020-09 | 4 |  |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 3 |  | margin squeeze |
| 2021-06 | 1 |  | net worth falling, members leaving |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 5 | thin capital, net worth falling, losing money, auto monoline |  |
| 2022-06 | 2 |  | thin capital, net worth falling, losing money |
| 2022-09 | 3 | thin capital |  |
| 2022-12 | 3 | leaning on borrowings | thin capital |
| 2023-03 | 2 |  | leaning on borrowings |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 3 | assets shrinking |  |
| 2024-09 | 2 |  | assets shrinking |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 3 | delinquency rising |  |
| 2025-09 | 3 |  |  |
| 2025-12 | 2 |  | delinquency rising |
| 2026-03 | 2 |  |  |

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

- 2026-09-08 [BG residents earn Glass City Federal Credit Union scholarships - sent-trib.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxNLWlFNWlsXzZIcTFyUXFja1lnN1NLMVVYWTVXWFRrNG4wdGhoakw3NG5VNmk3QjNBRlhUN1ZNamtHQ21HN01ublloSE5XLXpFUXJYWUs3VEE1T0lPWmUtNlFtN1BxaUotVjNPbmIxQkxYV0o1LVhyNUdSUW9URWc4bXktVENsZ0lqTTloQkpzN3ZHU09Zb2dhOFMzRUgyMjZOVVE?oc=5) · sent-trib.com
- 2026-07-24 [Oregon resident earns Glass City FCU scholarship - presspublications.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxOdnZnYmlNZlFHQV9QbVBOM2xEZ04yQm1MRlBmU3NDX3lMQ3lHU2ZULXo3dTh1ZTM0ZGJ4azU3Tl82OWhkODlwSVJfRnRIbU41R21LRE52SU0wckRKbmQ2VG9PUlVZN1luTGRBbEpVR2RnUUhraU9RcnVzQXMyNXhwaXh3?oc=5) · presspublications.com
- 2026-04-20 [This Week in Rocket Athletics: April 20-26 - University of Toledo Athletics - University of Toledo Athletics](https://news.google.com/rss/articles/CBMihAFBVV95cUxQYnZVdnIwazlLMEpmWkpoVHB1ZFptOUVlN25UUTVqR1dKSDYtX0hmd09rd2lzOTVLTlFOTU1ZMGdLeGxaSXhQSHdVX3pPazJYODJGbkRQQzRkOXd6NjZ6dDBsM3pUdkxkNjlZTHk1QXlWeDBzdUlvRmJZM2Jhcmx1dUZPYUs?oc=5) · University of Toledo Athletics
- 2026-07-02 [Best Of Toledo 2025 Round Up - Toledo City Paper](https://news.google.com/rss/articles/CBMidEFVX3lxTE9ZTDhDYy1hYXhDd1BZZF9yMUFPc1JBTEp5ZEYwVXRrWEVncG9NbTJYVjJOVjc2WmpkOS1DU25Hb1JpMHVzZHdqTlg2U2pVZW01T25WSU5MVmZVMlNOQ3lvczFVSWNVRWxuTF9VUG9jT1BHankz?oc=5) · Toledo City Paper
- 2026-07-15 [Parents of teen killed in Toledo shooting speak out - WTVG](https://news.google.com/rss/articles/CBMimAFBVV95cUxNc0NINjZRMHNGXzYya3pYVVp0OGpBdndZak0wTGNZMGxsTGsxNFBGRlozcFJ5amdYcWdQeXhIRVBtcWlUMnE4SXVQT0hhRE56RmFzRVBnV1JMbGN2ZGZvV0V5anBWd0FGSy1CQzdxbGgtcnpRX1BGNFMwbzhnSzJkaF92MUQxc3VYUV9SMUxIVkNPa2RLTjhvb9IBrAFBVV95cUxPbXJ2UjUtTG9fX2w3RlZPMDV5RVdkTS1TZ3Z1RHdwQzQ5T2VybWRGVGcwTkdOaDNhaGN0eXJXZk1yWHRhbHNEVU5xUkE4U3hzcUd5dE5RRGtRQVRoVklFdjJYZlNJRGlCOGlsUjNaNGpxMFg3dXlfZG5XYzFWS3c5VjRnbGpJWlJ0WFkxOWZNRF93a1pmeDh5TnVlemxhaUZwYndzN3E2ajdtVnh4?oc=5) · WTVG
- 2026-05-29 [‘Lunch in the Park’ to kick off Friday, June 5 - BG Independent News](https://news.google.com/rss/articles/CBMigAFBVV95cUxNSmhhd2RsQXd0SGUyN1hKTjNZWjVZZ2RfaXc2UVR2R0FqajRlb3pOUkdoYXNnamNyVFRGV0lHVFVTMUh5dlZjNWZubGs3ak5EUkhWWVdhMHY3eVZQeHBQbjgyT01OemhFTGRJUEJHOHJzTWpHYk02S2V2VTNXVEduRg?oc=5) · BG Independent News
- 2025-12-23 [Andrew "Andy" W. Burris Obituary Apr 19, 2007 - Eggleston Meinert & Pavley Funeral Home](https://news.google.com/rss/articles/CBMiaEFVX3lxTFBhRVlVdllvRUp2SUhxN0xaNndxbkItWnIyZXBscmFlZjRSZlMwQXhMZ25iMjc0akdmRVRuT1ItWWlCMFlGTzg0eW5Mcnh4VGpNakxDWkt1MHVXX2w3ZVhKZzZyMDZ1RkJl?oc=5) · Eggleston Meinert & Pavley Funeral Home
- 2026-02-16 [This Week in Rocket Athletics: Feb. 16-22 - University of Toledo Athletics - University of Toledo Athletics](https://news.google.com/rss/articles/CBMiggFBVV95cUxOWURRcWoxdHd2N2NsRUljOGMtcEs4LUZtZVNubkhab3l2REEyRWg5MlZyel9IVS0zSUFfRDVIUEpxOUI4bGNYZUpnRXVaaUFyUGNkM1UyWXhfV01fQW5EdzdnWnA2R2VHTWs2OVA4NHpDZ2Vmc05WQWF4S09iMUJ3Mkhn?oc=5) · University of Toledo Athletics

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5495 (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/55.json (key "5495", 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=5495
- 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