# COPOCO COMMUNITY
Bay City, MI · NCUA charter 60470 · asset band $100-200M · latest filing 2025-06 · stopped filing after 2025-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/copoco-community-60470

Who the members are: state charter, organized 1951. 7,473 members of 365,119 potential (2.0% of the field); checking penetration 54% (share draft accounts per 100 members); loans per 100 members 68.

**Verdict on the desk:** this could be *stressed*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $104.3M |
| Members | 7,473 (-16.1% YoY) |
| Full-time staff | 20 |
| Net worth | $8.8M |
| Net worth ratio | 8.4% (p9 of band) |
| ROA (annualized) | 0.08% (p11 of band) |
| Total delinquency | 2.11% (p94 of band) |
| Net charge-offs (annualized) | -0.10% (p1 of band) |
| Loans / shares | 42% (p8 of band) |
| Cash / assets | 21.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.12% (p23 of band) |
| Operating expense / assets | 3.99% (p64 of band) |
| Vehicles % of loans | 52% (p74 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 69% |
| Third-party paper % of net worth | 168% (p80 of band) |
| Vehicle delinquency | 1.29% (p81 of band) |
| Vehicle NCO | 0.26% (p34 of band) |
| Repossessed % of vehicle book | 0.00% (p33 of band) |
| Real estate % of loans | 23% |
| Credit cards % of loans | 8% |
| Unsecured % of loans | 12% |
| Commercial % of net worth | 35% |
| Core shares % of member funds | 82% |
| Certificates % of member funds | 15% |
| Average share balance | $6,781 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 68% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $7,848 |
| Loans granted, annualized | $4.3M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, losing money, delinquency 2x band, 3rd-party paper>100% NW |  |
| 2016-06 | 5 | charge-offs p90 |  |
| 2016-09 | 6 | net worth falling |  |
| 2016-12 | 6 |  |  |
| 2017-03 | 6 | members leaving | delinquency 2x band |
| 2017-06 | 5 |  | net worth falling |
| 2017-09 | 4 |  | losing money |
| 2017-12 | 4 |  |  |
| 2018-03 | 4 | loan book shrinking | charge-offs p90 |
| 2018-06 | 3 |  | loan book shrinking |
| 2018-09 | 4 | delinquency rising |  |
| 2018-12 | 3 |  | delinquency rising |
| 2019-03 | 3 |  |  |
| 2019-06 | 4 | delinquency rising |  |
| 2019-09 | 2 |  | thin capital, delinquency rising |
| 2019-12 | 2 |  |  |
| 2020-03 | 4 | delinquency 2x band, delinquency rising |  |
| 2020-06 | 6 | thin capital, net worth falling, margin squeeze, loan book shrinking | delinquency 2x band, delinquency rising |
| 2020-09 | 5 |  | loan book shrinking |
| 2020-12 | 5 |  |  |
| 2021-03 | 6 | loan book shrinking |  |
| 2021-06 | 7 | delinquency 2x band |  |
| 2021-09 | 6 | delinquency rising | net worth falling, margin squeeze |
| 2021-12 | 4 |  | loan book shrinking, delinquency rising |
| 2022-03 | 4 | net worth falling | delinquency 2x band |
| 2022-06 | 4 | delinquency 2x band | net worth falling |
| 2022-09 | 5 | delinquency rising |  |
| 2022-12 | 6 | assets shrinking |  |
| 2023-03 | 7 | losing money |  |
| 2023-06 | 5 |  | delinquency rising, assets shrinking |
| 2023-09 | 6 | assets shrinking |  |
| 2023-12 | 6 |  |  |
| 2024-03 | 10 | capital below 7%, charge-offs p90, loan book shrinking |  |
| 2024-06 | 8 |  | capital below 7% |
| 2024-09 | 8 | delinquency rising | losing money |
| 2024-12 | 7 |  | members leaving |
| 2025-03 | 6 | members leaving | charge-offs p90, delinquency rising |
| 2025-06 | 8 | net worth falling, delinquency rising |  |

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

- 2025-01-17 [ELGA and COPOCO credit unions announce merger - abc12.com](https://news.google.com/rss/articles/CBMiywFBVV95cUxNZ1RWY3JqdklSS3NMdzVpNGtIMzhETHV5QmdPdFI0cEtzY1dTZ3FkMkNFMl8wRC1wZ0RiVk9Yb01kWU5EMkd4a2Zkc2hLV3pPc0UzeVhMbEFUWjJqNG5CeGhWQVpEUEU3S3pENUtTQXZHQVFIaVA2QU5iMzFjeUNjNFFWRFlGbWhSNlNNS1AtX0hRRVNhQ0VXdjJNOUJfUW8tYWNIZlpHOEdjLV9XcGhhdTB4ZkVYQkpBNDM1Z19SaFdnWV8xZTJmWGlFcw?oc=5) · abc12.com
- 2025-08-05 [2 Michigan credit unions are merging to create a financial powerhouse - MLive.com](https://news.google.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?oc=5) · MLive.com
- 2025-08-01 [ELGA and COPOCO credit union merger is official after vote - abc12.com](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNV1N6X2JSS2Z2LWVSR044SW1rX0VXZ2tZRzJUdzRSd3AySTJvelJFMHZ6bTBQSVhrTjROMG1XSTJQSHNTbVpLZ3BfSTJ3Q1pFR2VHQjd1cE1jeF9jeHFydy1KVUhLRDdlcDd0SmRCOXdZU0lpRVZ3enVJOXVILWFnaDZVQ1U3d1RmWURxRWNlMTkzRjMwUnh1WEF4N1ZFc0FsSkoyUlFxTEJBY3l1VEQwVU5Lbm5nMUtmZUFJbmlFU1JhVzFhcmVXMkJRM21iVU45dVVKYmN1bXdJWEly?oc=5) · abc12.com
- 2025-08-19 [Michigan Car Dealer Admits to $2 Million Auto Loan Fraud Scheme - CUTimes](https://news.google.com/rss/articles/CBMinwFBVV95cUxQNllPNE0wV25aM3dVa1ZBR2JiUk5WcVUxUXRLQUkxYjdOYksyaHdEUDhkZ1lERzdINkdGY0JZTnJRdmVsZWsyQ3Zua25qQW1tOVFSWWhUVTJSbi1GTGtnNG85YjFGWjVzMFllWk5NLTVGV2l2Y2xLZC1EQXdXTU9SQlJWbkpiZDZnb2ZZcTVXSWU3aV9IYWk2UVFoV1N1aXM?oc=5) · CUTimes
- 2014-10-03 [Police: Bangor Township credit union employee embezzled more than $91,000 over three years - MLive.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxNOFB5N1ZUVXhrV0NoVkRFT2hFVl8yb2EyYnZVcVh1akZKZmlWaTg5OWIzS3I0b1ZldFZZQWpNNDdoamE5VjNzdTRzSWkyLV91bWE0ckVRNG04djl4MzRjTkllc2RJcFhYSTQ3ckpCQ1dUcS14WjFpM1FGRVRIdllkemdhT0g?oc=5) · MLive.com
- 2023-02-06 [Bay City NAACP celebrating Black History Month with the return of Black History matinée - MLive.com](https://news.google.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?oc=5) · MLive.com
- 2017-10-19 [Man pleads to scamming credit union of $72k to send to Africa in gold scheme - MLive.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxNSkRBSzdOTzNsVTk4TU9SbkpLRkQ4X3o5TUFPclRQZXJRZFk1bkJKZTRHTzJFRFZRTk8zNkRRSTRqeEJYNGFRdDBLMlV6UzNNb3JYR0pzNlk4Yzh0bzlrajZlRkdpV2s2Rjhnb3lVYlU2X3VPVlU3YVlNVzBvcllfQW5UNDY?oc=5) · MLive.com
- 2015-01-28 [Teller at Bay County credit union pleads no contest to 15-year felony embezzlement charge - MLive.com](https://news.google.com/rss/articles/CBMihgFBVV95cUxOd3l4UW9pT1RybmRlR0NWOEVJS2NkSC1YM1dOcUZ5ZGRxaXp1a25nZHBvY0kxQjVQOTZ3dkRfaW9xd3B3R0NlR29DQnQxWmY4NnFiRkVGVlE1YkFSYW10VnZlbDJQTEpsYTZhaUJLQXAweFRVZmlsOFNLaUxLMW40TU1aUXlFdw?oc=5) · MLive.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60470 (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/54.json (key "60470", 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=60470
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide