# MUNICIPAL
NEW YORK, NY · NCUA charter 60153 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/municipal-60153

Who the members are: state charter, organized 1917, low-income designated, minority depository institution. 640,990 members of 9,400,000 potential (6.8% of the field); checking penetration 64% (share draft accounts per 100 members); loans per 100 members 41.

**Verdict on the desk:** this could be *ordinary*. 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 | $5.10B |
| Members | 640,990 (2.6% YoY) |
| Full-time staff | 662 |
| Net worth | $576.2M |
| Net worth ratio | 11.3% (p62 of band) |
| ROA (annualized) | 1.62% (p95 of band) |
| Total delinquency | 1.29% (p89 of band) |
| Net charge-offs (annualized) | 1.11% (p88 of band) |
| Loans / shares | 73% (p19 of band) |
| Cash / assets | 13.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.05% (p92 of band) |
| Operating expense / assets | 3.56% (p67 of band) |
| Vehicles % of loans | 15% (p21 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 33% |
| Third-party paper % of net worth | 29% (p20 of band) |
| Vehicle delinquency | 0.93% (p75 of band) |
| Vehicle NCO | 1.30% (p66 of band) |
| Repossessed % of vehicle book | 0.00% (p11 of band) |
| Real estate % of loans | 58% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 25% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 79% |
| Certificates % of member funds | 15% |
| Average share balance | $3,665 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $61.8M |
| Loans outstanding per 100 members | 41% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $12,507 |
| Loans granted, annualized | $1.36B |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $61.8M outstanding purchased (10.7% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 10.1% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, expense trap, delinquency 2x band |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 4 | net worth falling |  |
| 2017-09 | 3 |  | net worth falling |
| 2017-12 | 3 |  |  |
| 2018-03 | 4 | charge-offs p90 |  |
| 2018-06 | 4 |  |  |
| 2018-09 | 2 |  | delinquency 2x band, charge-offs p90 |
| 2018-12 | 2 |  |  |
| 2019-03 | 4 | net worth falling, delinquency 2x band |  |
| 2019-06 | 8 | capital below 7%, losing money, charge-offs p90, 3rd-party paper>100% NW | delinquency 2x band |
| 2019-09 | 9 | delinquency 2x band, members leaving | net worth falling |
| 2019-12 | 7 |  | delinquency 2x band, members leaving |
| 2020-03 | 7 | delinquency 2x band | losing money |
| 2020-06 | 7 |  |  |
| 2020-09 | 6 | margin squeeze | expense trap, 3rd-party paper>100% NW |
| 2020-12 | 6 |  |  |
| 2021-03 | 5 |  | charge-offs p90 |
| 2021-06 | 5 |  |  |
| 2021-09 | 4 |  | margin squeeze |
| 2021-12 | 2 |  | capital below 7% |
| 2022-03 | 3 | charge-offs p90 |  |
| 2022-06 | 4 | delinquency rising |  |
| 2022-09 | 4 |  |  |
| 2022-12 | 4 |  |  |
| 2023-03 | 4 |  |  |
| 2023-06 | 2 |  | thin capital, delinquency rising |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 3 | expense trap |  |
| 2024-06 | 2 |  | expense trap |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 | expense trap | charge-offs p90 |
| 2025-09 | 1 |  | expense trap |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | net worth falling |  |

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

- 2026-09-02 [Municipal Credit Union expands local banking access with new Chelsea branch - amNewYork](https://news.google.com/rss/articles/CBMijAFBVV95cUxQQWY1b01yTmQzYkFqT0ViTk1FYWdaNmZGVEZ2NlFVVkNDVTAxakJEXzNxQzliallWVk5PY1JwamVIMU9reFpYbGxOR1NqSGQwQW50R1pPX0RZbk5ERHNCZy1HM3pJYkVReGFIaFJMME5uM18yb0tBSG11N0VkRVdDQjV4WVcyR3FUMEY4TA?oc=5) · amNewYork
- 2026-08-25 [Why Municipal Credit Union is developing its own chatbot - American Banker](https://news.google.com/rss/articles/CBMipwFBVV95cUxNOVp1dEdJVUdZWUNIU3VNMlFmVEJ2N3dfeThUZTl3ZlhWR2h1Q1ZWMVlBQjBtcnktakMzcmRUeEJ0NlhHeDE4MnJsalBYeDJ2ZGJzSHpmR3VmOWVqOUs1SHQzZ0lyMjBKYWkzd2M5WjUzMEhxNFhodE1Qem03cERUaEFPTmJOSHg5NEtuVjNkckVwUURDMEFTc2xua3E3VnZUUXJMQXg3bw?oc=5) · American Banker
- 2026-09-02 [Municipal Credit Union Opens New Branch In Chelsea - Patch](https://news.google.com/rss/articles/CBMijgFBVV95cUxNUzdkV0EzUWF6bnVQcERCMFlBRHNvbnA4RHhZdFdtUDRFdktQT1E2ZVdrVG9QQTNRVlRqT0JkVWRSa3NGVTlzZ1lfR2YyM0NIcVRQX3ZEcHZGS0lCNHdna3RsdDE1Nlp4cUN3RzNEZGFiUDFVSDVMUHlHQW55c2M4Y2JrREJYNndUbHA5d2ZR0gGjAUFVX3lxTE01dEZXYXJjdWlhSl84V2dqdmZ2Mzk2SkJNNEo4T0tqZjk3bXRqUEZwcXA3WUF0SkxDTVhCU1pLMG5rRWxRUnRxQ2VqVEVncjdGU0YtMkdrcGdPUmpGeVNwUHFJeHBIelVlSEZDeXpHS3B0RFN2QmM0VUtXZkd2WERDdVFVZjNaQXRaVUktSGRua1pLZnRRclhkTms0cVJrendscGs?oc=5) · Patch
- 2026-03-16 [Municipal Credit Union names Peter Neiman Senior Vice President of Marketing - CUInsight](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQb2czSjFCTU5JTG5iOTUwRVJmS3ZBTVg4alRaZmlybTAwSkhkVEdKQ0gxcWN6ZFc4Vi1XS1pOaGQ3b2pYTDQxZXpYV3NleFVXUHlVNzludGtTMEt1VHlhUzEybTNUSXlWbEhhQVNMRmhBSWZCMmdZRTQ5S1lPVlk4MllSNEUxN2NGSEExS212S1NwSUxuX21NZ01UN0JMRWtIdW5abWdkbHB2d25ZaUFvQUUwZjliNFIz?oc=5) · CUInsight
- 2026-04-03 [Municipal Credit Union Hosts Annual Meeting - Business Wire](https://news.google.com/rss/articles/CBMiogFBVV95cUxNMTlGdXEtQzB4RExCRzluSFU5WXVYOFRfdThNXzBna0pRUk05Zk5XNnAwYkpWV28wMXhDWVBnUURfWkJHSUtaN2k4VjRzdnNUNnpEU19SMU1rYlFhM19XR1lxaVl6ZnRjeFo0aW5uZHJUWnZXbnFnNXh3cGdJS3VoU0hYdmtRa19CMTRLcjZFYkRsQWotUy1JQ01Ea09ubHFPNHc?oc=5) · Business Wire
- 2025-10-30 [Municipal Credit Union to Open Branch in Far Rockaway - PR Newswire](https://news.google.com/rss/articles/CBMirgFBVV95cUxQQkVBa3djVV9mVl9sM1VZZGFHRzF4UXN0UVRaMDBSWmJlZlhORjdHdUhma1UwLWZQRDBlT2JBMFlOTEUtNFBxejRzMjFsLU93c3d5R2ZHRmplSjRyTXpESUUzMWU5MGQ0a2tBRTN6UnFIT2wwVkZvY0V1aXRzblZJYzM5MnMxc2xNY1g1NkpLZERQcE9weVJSZHllajdwMEJEaXZqM2toVW1JemJuWVE?oc=5) · PR Newswire
- 2026-06-17 [High Marks for MCU - Manhattan Times News](https://news.google.com/rss/articles/CBMiekFVX3lxTE41a2RQUUdOWU9Rdjc5ZFhSR0JsOEw2dGhBT1dGVjZPcDhDQTgyTE05bVNpWlNCVFpJZGtNdFFqeFNnWTd2S2JfZXdCbFNfTzlrRGNPakJKckRHSDJYalZLVnRpbG9wWlNMREpQS0lkUEpJQ29SeTZUTE1R?oc=5) · Manhattan Times News
- 2026-02-20 [Take Action: Reinstate Renee! - nycclc.org](https://news.google.com/rss/articles/CBMiYEFVX3lxTE4tbXMydlBnQ2drQ2lWZ3Z6ZEhYdGdWT3F3TVBBODA4Nmowd2R1TkRKTG5xQWJ2WmMxbjNyTjJrelpxeFpvNjJtX3FuWTJTWk1tM20xb2xrRGtaaldNcTZaRw?oc=5) · nycclc.org

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60153 (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/57.json (key "60153", 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=60153
- 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