# WAYNE-WESTLAND
Westland, MI · NCUA charter 5928 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/wayne-westland-5928

Who the members are: federal charter, community charter, organized 1948, low-income designated. 10,762 members of 1,769,000 potential (0.6% of the field); checking penetration 62% (share draft accounts per 100 members); loans per 100 members 88.

**Verdict on the desk:** this could be *participation buyer*. 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 | $159.7M |
| Members | 10,762 (-1.5% YoY) |
| Full-time staff | 34 |
| Net worth | $17.1M |
| Net worth ratio | 10.7% (p36 of band) |
| ROA (annualized) | 0.94% (p65 of band) |
| Total delinquency | 0.71% (p57 of band) |
| Net charge-offs (annualized) | 0.37% (p54 of band) |
| Loans / shares | 51% (p18 of band) |
| Cash / assets | 17.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.55% (p43 of band) |
| Operating expense / assets | 3.75% (p53 of band) |
| Vehicles % of loans | 35% (p46 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 38% |
| Third-party paper % of net worth | 144% (p77 of band) |
| Vehicle delinquency | 0.82% (p63 of band) |
| Vehicle NCO | 0.70% (p61 of band) |
| Repossessed % of vehicle book | 0.17% (p85 of band) |
| Real estate % of loans | 28% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 93% |
| Core shares % of member funds | 68% |
| Certificates % of member funds | 12% |
| Average share balance | $7,063 |
| Participations bought / yr | $5.9M |
| Participations sold / yr | $0 |
| Participations outstanding | $28.0M |
| Loans outstanding per 100 members | 88% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $7,862 |
| Loans granted, annualized | $20.8M |

## Participation posture (from the same filings)

Bought $5.9M and sold $0 in the latest annualized quarter; $28.0M outstanding purchased (164.0% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 5.3% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | delinquency 2x band, repo signal |  |
| 2016-06 | 0 |  | delinquency 2x band, repo signal |
| 2016-09 | 1 | delinquency 2x band |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 0 |  | delinquency 2x band |
| 2017-09 | 1 | delinquency 2x band |  |
| 2017-12 | 0 |  | delinquency 2x band |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | delinquency 2x band |  |
| 2018-09 | 0 |  | delinquency 2x band |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 3 | thin capital, net worth falling, margin squeeze |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | net worth falling |  |
| 2021-06 | 2 |  | net worth falling |
| 2021-09 | 1 |  | margin squeeze |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 2 | 3rd-party paper>100% NW |  |
| 2022-09 | 4 | delinquency rising, members leaving |  |
| 2022-12 | 2 |  | delinquency rising, members leaving |
| 2023-03 | 3 | repo signal |  |
| 2023-06 | 3 | assets shrinking, members leaving | thin capital, repo signal |
| 2023-09 | 3 |  |  |
| 2023-12 | 2 | delinquency rising | assets shrinking, members leaving |
| 2024-03 | 1 |  | delinquency rising |
| 2024-06 | 2 | delinquency rising |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 1 |  | delinquency rising |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | net worth falling |  |

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

- 2020-01-29 [Female trio promoted to top jobs at Michigan credit union - American Banker](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOMF9JeG5RbExRRlJ5Vm9lM0RsQWFvaGFfQWRmb2VycGxPTDBaTXM5YUNGLXd6WFA4XzdkWXlFaHItdXVfcWRsbmRKTzJ2aFkwcUpLQm5mTWhFTGpaTGhZZTZmVVgzY1hiOW1ZN1VkZk5uVnBtMllnUV83VFAzSzlhangzWk13OVB0bU1xcHRvTF9wYlZyaF9URDNFZDdVTl9iU2hDdGFkakl5dw?oc=5) · American Banker
- 2024-02-12 [Teaching grants power programs with life skills, technology that districts can't afford - hometownlife.com](https://news.google.com/rss/articles/CBMirwFBVV95cUxNSTZzRWFnb2RaTkpPT24zYWQxQmIyRUl5WmdOcGhiR2NWMTNra01kUWdWU0NLMkI0eTlGVV8yVENyMW8zLWIxSU5XeHhUM2RIU3pHeE1GSXV4MTVHV0sxQXg4VHE3dkE1eGdMNjF2SENTWGJZX2I4RU9hRkFnMzdGZlNLNGNCcHcwZVlLLXl3TnZndXp1bmZWSG1vUDlFU09hR0lZSE1zTzZ2WGxnR2pr?oc=5) · hometownlife.com
- 2025-04-10 [America’s Best Regional Banks and Credit Unions 2025 - Newsweek Rankings](https://news.google.com/rss/articles/CBMijwFBVV95cUxQTmlpWENXaXkzbXJ1U0VzOTBDOTNWVnlhX01aMDZWakRoZE5pbFcySWNvX2xqa0daSUhCb0JkUC1hd0lyRTVaUzlRb3BYU2l4WE9Ucnl3dmw1ekN6dUlKbVdvWGRtbTZUREdtRXZVVEhyYlVxR0Y3RldVaG8xaVRzMGdDQXBsUUowTXdrSEc2RQ?oc=5) · Newsweek Rankings
- 2020-02-07 [Monday Sunrise Briefs: The legacy of Kobe Bryant - The Christian Science Monitor](https://news.google.com/rss/articles/CBMikwFBVV95cUxNaGQ0RDZWZVc5N2ZsaGxBSnh4S3V6MmVBRTk0cDhySUd3OVRaeXFRaXdFRkxjNkx4cm5GOEFWb3I4dXZUSHR0eVQ1OXE2T0xVQ01iVUpLdEFFV0JEckNacE5IQ21wYzlzTHRreUNVckNMdXJ6LWN4cU9BSzJMWUpZbmtCcUE0V3pmMzJaalVWdXNSMknSAawBQVVfeXFMT25WZHc5blBvNmlteEVfWnRNS3ZMdG9vR25Ed0Q1cG5XV0NsUnpwQTVFcERnemN0V0NnZndhclhhdklyYkg2Ym9MN011cnZDYmd1ZWoyZFRjcFEzdU5MMW9wRm1ReUtKNHdxcDFVV3NsUEViVWNDck10alQ4V1NzNWY4U2RySWg0Rk1xcy13Sm5Hek51VDl2ZjBWT0lQeUh4ZHpWOGFpVTdRS1FEeg?oc=5) · The Christian Science Monitor
- 2020-07-23 [Community Choice Credit Union pays off lunch debt for 4,045 Michigan students - The Detroit News](https://news.google.com/rss/articles/CBMiygFBVV95cUxQMmY1MXlnWDNOU25IcE9FdUpadGM2TlRUYjlQUW8ySEY5Vzl0WUpWSFFHUUpOWFgtNllUMHRGOTRzSGxkRVpPYk9NbWdlWWxDaDE0UFQ5VGczcG8ySXVzS1FDdmR4RXQzQW1uRjgyTEZ4WWRSVkpPcWo3Qnczb2hZeWVPY3pyZDBrMFFIWVEzcW10UTlRZ2IwblBMM21KZHhIUmtvODlvcUhfVDQ2LVoxellRU1U1aW8ySDY2RVlHTE5vWlhwWjZwaHpn?oc=5) · The Detroit News
- 2016-06-17 [Fritz named Westland First Citizen - hometownlife.com](https://news.google.com/rss/articles/CBMirwFBVV95cUxNUzBXQkRJQzJSMzluSFc1a1dFczVZM1NXenJHZmQ5b2JPdlpuVTNneS1GUGpmUVlzLUJRUHRHY2xpREZ0dU0xTjhKMkxkaWlqUnlvZjFQeXYyREFXMXdQVFJTRDE4VGZtaEZjMmdoOWktakNKMjBhYkk5bHhrbUtlNGlaeFRMSzdRYTRvNmxNTFNzR21fLTFLSTF2X25hVFR0MVVkSzBIdUl3ZjFLc3d3?oc=5) · hometownlife.com
- 2025-09-30 [Top Trunk-or-Treat Events for Metro Detroit Families in 2025 - LittleGuide Detroit](https://news.google.com/rss/articles/CBMilwFBVV95cUxNQVZ4NFh5QWt6OS02ZktYck1TWlpfT19IQklvbnRrVU9YOE1RTlhPZ2hyanRYbS1uWUQtbUFybnpxUmtXcm5rTllYM0YwLWVYcUdFdVF0LWVXWVhMUjlzZ1piMWJkUmo0a2wzSXoxQ3pXNnVpSUJiUmd2ekFkSDNaTEhlY3J6bW83WkljUzBrUG5xTy11bXVv?oc=5) · LittleGuide Detroit
- 2025-12-15 [Thomas F. Taylor Obituary (2025) - Westland, MI - Uht Funeral Home and Cremation Services - Westland - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxQYWZrdkFaMmRlZUlhc2M3ekdkd2ZQSmRWamdEa1dJelp5Tno5RFFtN1NFQll2SmZrS0YxTzdnRlJkQ09iR1pKV0J0Nk1JZ2tkZnM2ZGlLQVh0RDZfQ0FUN1BjNFhWOGQzUVVaUlNQQU1XUnVsQ1BvdDJYVGdlTFBHQjdR?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5928 (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/40.json (key "5928", 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=5928
- 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