# GENERATIONS
Rockford, IL · NCUA charter 60429 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/generations-60429

Who the members are: state charter, organized 1944, low-income designated. 2,094 members of 533,696 potential (0.4% of the field); checking penetration 38% (share draft accounts per 100 members); loans per 100 members 3889.

**Verdict on the desk:** this could be *participation buyer*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $23.1M |
| Members | 2,094 (-3.1% YoY) |
| Full-time staff | 5 |
| Net worth | $3.6M |
| Net worth ratio | 15.7% (p55 of band) |
| ROA (annualized) | 0.85% (p63 of band) |
| Total delinquency | 0.28% (p35 of band) |
| Net charge-offs (annualized) | 0.02% (p52 of band) |
| Loans / shares | 51% (p40 of band) |
| Cash / assets | 53.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.86% (p49 of band) |
| Operating expense / assets | 3.64% (p50 of band) |
| Vehicles % of loans | 56% (p42 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 27% |
| Third-party paper % of net worth | 81% (p96 of band) |
| Vehicle delinquency | 0.39% (p47 of band) |
| Vehicle NCO | 0.23% (p75 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 33% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 72% |
| Certificates % of member funds | 18% |
| Average share balance | $5,925 |
| Participations bought / yr | $1.2M |
| Participations sold / yr | $0 |
| Participations outstanding | $1.5M |
| Loans outstanding per 100 members | 3889% |
| Loans granted per 100 members, annualized | 18% |
| Average loan balance | $120 |
| Loans granted, annualized | $1.7M |

## Participation posture (from the same filings)

Bought $1.2M and sold $0 in the latest annualized quarter; $1.5M outstanding purchased (40.6% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares -0.7% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | net worth falling |  |
| 2017-03 | 3 | delinquency rising, members leaving | losing money |
| 2017-06 | 3 |  |  |
| 2017-09 | 2 |  | net worth falling |
| 2017-12 | 1 |  | delinquency rising |
| 2018-03 | 0 |  | members leaving |
| 2018-06 | 1 | assets shrinking |  |
| 2018-09 | 1 | delinquency rising | assets shrinking |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 | members leaving | delinquency rising |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 0 |  | members leaving |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 0 |  | net worth falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | margin squeeze |  |
| 2021-06 | 0 |  | margin squeeze |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | net worth falling |  |
| 2022-06 | 0 |  | net worth falling |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 1 | delinquency rising |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 | net worth falling | delinquency rising |
| 2024-06 | 0 |  | net worth falling |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 3 | net worth falling, delinquency rising, repo signal |  |
| 2025-06 | 0 |  | net worth falling, delinquency rising, repo signal |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | members leaving |  |
| 2026-03 | 1 |  |  |

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

- 2026-07-30 [Revity Credit Union employees raise $1,455 for Pound Pets Inc. - Illinois Business Journal](https://news.google.com/rss/articles/CBMingFBVV95cUxQaDVOa2hnSDVhOFhBTVhlRWJ5LUo4VFpIcTBVcTVvNHR3azgyZDJyNkE4YktGNG1kTnQ4a00wOW4xRW1nek9YeXBkb0xKUll0cmp1ZDU4X2ppMkxfVmZxTmZZZHdoX2Y4bG9GSVZSbWVETUtmYmtYbEhCZWhQRXNPc3hIczJmYVdpTUJpWDRkU243bFlCcFoyY3dZcVFfZw?oc=5) · Illinois Business Journal
- 2025-12-08 [Marquis Software Solutions Under Investigation for Data Breach of Over 780,000 Financial Records - Schubert Jonckheer & Kolbe](https://news.google.com/rss/articles/CBMickFVX3lxTE1vZVQ4bU5jSFVZOGJmZmVqbDJWLXBOcHcxWUZISVE3djVZZVM4ZHFaRTdFTk9vMGptMU5fY2NjMmNRRlRSX1BHVEJ6VjdDeHlSNEZIeTNYU2VoYVRaaDZqT2otMUJvaEROYWx3OWdlQmdIZw?oc=5) · Schubert Jonckheer &amp; Kolbe
- 2026-07-07 [Mary Louise Robertson Obituary (1949 - 2026) - Rockford, IL - WIFR - legacy.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxOS0Y2ZG82QktxclNacEZsczJOYWtvVG5wMjl6NU1ubVJXeE1iaWZIN21rTzJON3UwZldzcjlPT3cxOXhqZ1JEOEw3WEl5WnpoM2xLVlFUQnQ2Z2tRUnhGN1JqdjI5aEdfRmdlT3VYaHJVRWNDTG9tZmRtVTdHZTJsaTVEU1dFd1dGT3c?oc=5) · legacy.com
- 2026-04-06 [Revity Credit Union employees raise $1,405 for Main Street Community Center - Illinois Business Journal](https://news.google.com/rss/articles/CBMisAFBVV95cUxORjBnU2ttTzh3MVg0R0dOLWpoUTdfVlNwTjctbGpONk5aRW9kXzQ1RnVQTEg5RGp1bHprU2xHcEcyWi1hMmc5VGRCN1h6ek9tbU5sYzB2TkJoY3VoLXNXeXpjUWFScGdwcFN1emR1dEZUQmM5ZzVTQkxqQUZXZV9sclQtVHQ2Q1YxU0NyRHRCRWhiWTU3akRodXZrN0tLSzA5b2FqOXZCalFOZ1N6ODhydA?oc=5) · Illinois Business Journal
- 2025-10-11 [ESL Federal Credit Union to consolidate Generations Bank locations in Auburn - auburnpub.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxQY2xLVEdBS3hfWnpmUjRnQWdkYXptSGVwcDJCdmNPZzFRN3ZoWHExMDBKQVk0aEp1M3hOWHpsM3ZYTVZQNXNrbTlVOHgxaDRtRjI3WGdROTl5aGl6UzVmVW05SS1tdDFKOVc0aHdiaGF3Yk9aQ1VSbm5GaUJRTHJUNld3UjBRQVVSOG5tcS1hRTVCdkc5aWc?oc=5) · auburnpub.com
- 2024-10-01 [Generations Federal Credit Union - The Business Journals](https://news.google.com/rss/articles/CBMinwFBVV95cUxPWDhuR0dfOXBDdDlNVmdtT1dKQll6VE9NbFVrOW9WLUxSVUlvbGQ4dkRfTFI1dnJ6dGVYRmU0RE1PR2VDUFdaOWdDQldOaTg0WV9MSll6NHpadTBQMnM4c1UzaldmSk1OSHE2Z1dHbGhjQkN3MTZ0SW5mZXJaV3liLWE3V09tb05WQ2cxTTlRdzBoTnJKNV9NT183akpaNXc?oc=5) · The Business Journals
- 2026-02-17 [Yellowcard unites three generations of rock with The Up Up Down Down Tour - MELODIC Magazine](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNUVl0RTFfX3ozMHl1T2dhelJSSUZpMEk2VDBQcmplTXNfVjN5SGRvMXl6d3BORnYtSE5ZbGZZbVdzNGtIb3ZuTmJadEZkemdSOWpTaGZEY3E3Y0N0dTZrUVdzUWFuZ0h6Z0pXQnZYbk04VjM0czN1M0F4dmdxT0lDRjQwZndIVFhJTldNdGFVenJmOHBUWGJ0cThraFhGcko3bG1GZExEdlR3UQ?oc=5) · MELODIC Magazine
- 2026-01-20 [The Human League, Soft Cell And Alison Moyet Teaming Up For The Generations Tour - antiMusic](https://news.google.com/rss/articles/CBMivgFBVV95cUxPOGI1bVlzRncxSFZHSEZUblVQeWJlZTFFZ3haTzEtT1Z5Z3Nmd3ZNSWQ5RXRKRGFZRjNfRmVrNnVEa3NYUEY5dmlwdFR4WGNIT2M4b0stbEdoMFZXaXdNUjJQX25aMUhvTDRJbThocVI4ZXZOYUowLXZEcGFSRnozODZYVG9ES1oxTnBiT1NsUFlSMDkwUHpEUlZCUzJaODhVZzRIVnp2eC1hTEpHSnlGTUNtYmxEbEFEOE1GWGxn?oc=5) · antiMusic

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60429 (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/13.json (key "60429", 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=60429
- 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