# FREEDOM FIRST
DAYTON, OH · NCUA charter 61001 · asset band $50-100M · latest filing 2023-03 · stopped filing after 2023-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/freedom-first-61001

Who the members are: state charter, organized 1961. 7,616 members of 911,000 potential (0.8% of the field); checking penetration 52% (share draft accounts per 100 members); loans per 100 members 32.

**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 | $57.3M |
| Members | 7,616 (0.3% YoY) |
| Full-time staff | 13 |
| Net worth | $4.7M |
| Net worth ratio | 8.2% (p16 of band) |
| ROA (annualized) | 0.73% (p54 of band) |
| Total delinquency | 0.41% (p53 of band) |
| Net charge-offs (annualized) | 0.00% (p17 of band) |
| Loans / shares | 60% (p48 of band) |
| Cash / assets | 36.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.35% (p66 of band) |
| Operating expense / assets | 3.75% (p70 of band) |
| Vehicles % of loans | 65% (p82 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.57% (p63 of band) |
| Vehicle NCO | 0.00% (p19 of band) |
| Repossessed % of vehicle book | 0.00% (p40 of band) |
| Real estate % of loans | 12% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 72% |
| Certificates % of member funds | 3% |
| Average share balance | $3,863 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 32% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $12,768 |
| Loans granted, annualized | $15.2M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 4 | thin capital, net worth falling, delinquency rising |  |
| 2018-06 | 2 |  | thin capital, net worth falling |
| 2018-09 | 2 |  |  |
| 2018-12 | 1 |  | delinquency rising |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 3 | thin capital, net worth falling |  |
| 2020-09 | 3 | margin squeeze | net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | net worth falling |  |
| 2021-06 | 3 |  | net worth falling |
| 2021-09 | 2 |  | margin squeeze |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | net worth falling |  |
| 2022-06 | 2 |  | net worth falling |
| 2022-09 | 3 | delinquency rising |  |
| 2022-12 | 2 |  | delinquency rising |
| 2023-03 | 2 |  |  |

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

- 2026-04-07 [Freedom to Give Donation Drive impact on community - WDBJ7](https://news.google.com/rss/articles/CBMihAFBVV95cUxQLV9EMlBEZE5hR0hyVkN6LXlvVlhwVkNzN0ItU0lacy1OWXlZYnVjNUoxTGtBQy1tXzUxYnN5ZTVWT1hiVFRnb3BzYlpNZFJtRzR5YkNBYXhreDRETUFVMVhTNEFITUpSNTJxQUNvYzNrbWVTRXpzeFhUeUY4aWMybWlEdzk?oc=5) · WDBJ7
- 2025-11-24 [Bridge CU celebrates grand reopening - registerherald.com](https://news.google.com/rss/articles/CBMihgFBVV95cUxNYWR4M2pyN190dVB0MjFCT0dPVHVaZksybm5jTGJZOXkzaDVlaWR1X3djVEpsUFhQN29TVm1ZTDRvUGxiZ3NOQlNrejhtVFFkenUzN1FyQ3lrby10TUlYMWRPaUc5WThmM0U2aVg0S2Jma1RwZDBZblhLV1loYTJqZDdDYTVHUQ?oc=5) · registerherald.com
- 2024-06-06 [Carey "C.C." Benson Obituary - newcomerdayton.com](https://news.google.com/rss/articles/CBMiaEFVX3lxTE1sQVN5OE1lNE9ucUJsTk9RWnNPWmg2YWt0aF85Y1M0Y0d3WUJRMl9LZ2JPNFVWMDBtSlMwenZHNW1sMllDeWhYTUtFNlBwYW4ycEpDZWtHNm0tNEluc3ZaZ0UwN2hUMDRC?oc=5) · newcomerdayton.com
- 2026-07-06 [Rhubarb at Charlottesville City Market - Roanoke Times](https://news.google.com/rss/articles/CBMidkFVX3lxTFBteTlEMkdfa3NvSDRYY1QwSjlZdllaaEd4b09PX2hsOVJvOTZ3dk9lbWprVGxHWTN3MkJVYVJsUEVjTml3WjV0eXZ6WGV3ZzRWVWVUZ3dKbVlxcndERDR5NkFoQ2hCSUs1T1U2SkJzaWtXWWVhSXc?oc=5) · Roanoke Times
- 2022-08-18 [Bailout List: Banks, Auto Companies, and More | Eye on the Bailout - ProPublica](https://news.google.com/rss/articles/CBMiV0FVX3lxTE9yUjlLUHlRTkFPekMwR3J1MXFxS2o0OWc3cTFybnY2U1ZhZ1BkTVRweEE5bXJuWnVSTTRxWk1malZlQ2dPUVpHSTk0OTZfNUg3aGpUVVJrbw?oc=5) · ProPublica
- 2018-05-05 [Matthew A. Ditmer Obituary May 5, 2018 - Gard Funeral Home and Cremation Services](https://news.google.com/rss/articles/CBMiaEFVX3lxTE9vTm1zbUQ0ODNoZW1hZ2RnRFdQRWswblIxMWlPakVkd1Z3dEpldmF4MWdzY0IyQy1KRl9aR1dzNlN4WHRONEdBZXFVVml5NnFBQ3FabE1SRjJoT3JPV2hUWm9yUDRGa0d1?oc=5) · Gard Funeral Home and Cremation Services
- 2026-05-11 [TENNIS-ROME/ - Roanoke Times](https://news.google.com/rss/articles/CBMidkFVX3lxTE14b2NSWHVsVWptT3dWSjFFSlNSVDlYQTQyTFkxU1M4QUFLb0luMUNkYUYxdGpHb2lUQ2FzbG9Wa1l4UDFUYW9Panp5Nl9Mcmhkb3d6d3JsczU4QTdkamVFSnJaUXhmWXJfZnFfbExiWDF0Xzd3cVE?oc=5) · Roanoke Times
- 2021-11-02 [Sherman Moorefield Obituary (2011) - Dayton, OH - Dayton Daily News - Legacy obituary](https://news.google.com/rss/articles/CBMikgFBVV95cUxQR0JnNTUyQ1ZWN0ZJVFAtQmV0dmRjZHhPM01sTDBnMzk0M25fU25nUkFieWViRkp3NnhTRUp1Zm43N0JPNHdNUHRyeUFQTEh6RUI4anFzREFlbTJFRjR0amdtZlR4WXcwbUowTHJOWTczandsT3l4aTIyZUFvbmI2dml4RHhvcWNUZHZDb05tQ0VfQQ?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61001 (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/9.json (key "61001", 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=61001
- 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