# EMPIRE ONE
Cheektowaga, NY · NCUA charter 613 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/empire-one-613

Who the members are: federal charter, community charter, organized 1935, low-income designated. 4,918 members of 943,763 potential (0.5% of the field); checking penetration 52% (share draft accounts per 100 members); loans per 100 members 67.

**Verdict on the desk:** this could be *quiet fade*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $77.0M |
| Members | 4,918 (-3.5% YoY) |
| Full-time staff | 12 |
| Net worth | $8.4M |
| Net worth ratio | 10.9% (p29 of band) |
| ROA (annualized) | -0.56% (p6 of band) |
| Total delinquency | 0.38% (p36 of band) |
| Net charge-offs (annualized) | -0.35% (p1 of band) |
| Loans / shares | 45% (p21 of band) |
| Cash / assets | 17.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.90% (p14 of band) |
| Operating expense / assets | 4.08% (p68 of band) |
| Vehicles % of loans | 57% (p72 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 7% (p62 of band) |
| Vehicle delinquency | 0.28% (p30 of band) |
| Vehicle NCO | 0.00% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 23% |
| Credit cards % of loans | 8% |
| Unsecured % of loans | 13% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 86% |
| Certificates % of member funds | 0% |
| Average share balance | $8,110 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 67% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $9,176 |
| Loans granted, annualized | $8.3M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | losing money |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | net worth falling, members leaving |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 1 |  | losing money, net worth falling |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 0 |  | members leaving |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | 3rd-party paper>100% NW |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 3 | assets shrinking, members leaving |  |
| 2019-12 | 2 |  | members leaving |
| 2020-03 | 4 | net worth falling, delinquency rising |  |
| 2020-06 | 4 | loan book shrinking | assets shrinking |
| 2020-09 | 6 | margin squeeze, members leaving |  |
| 2020-12 | 2 |  | 3rd-party paper>100% NW, net worth falling, delinquency rising, margin squeeze |
| 2021-03 | 3 | margin squeeze |  |
| 2021-06 | 4 | net worth falling, charge-offs p90 | margin squeeze |
| 2021-09 | 3 |  | net worth falling |
| 2021-12 | 3 |  |  |
| 2022-03 | 4 | net worth falling, losing money | loan book shrinking |
| 2022-06 | 5 | margin squeeze, delinquency rising | charge-offs p90 |
| 2022-09 | 3 |  | margin squeeze, delinquency rising |
| 2022-12 | 2 |  | members leaving |
| 2023-03 | 0 |  | net worth falling, losing money |
| 2023-06 | 0 |  |  |
| 2023-09 | 2 | delinquency rising, assets shrinking |  |
| 2023-12 | 2 | members leaving | delinquency rising |
| 2024-03 | 2 |  |  |
| 2024-06 | 3 | loan book shrinking |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 3 | delinquency rising | loan book shrinking |
| 2025-03 | 4 | losing money, margin squeeze | assets shrinking |
| 2025-06 | 4 | net worth falling | margin squeeze |
| 2025-09 | 2 |  | losing money, net worth falling |
| 2025-12 | 0 |  | members leaving, delinquency rising |
| 2026-03 | 3 | net worth falling, losing money, members leaving |  |

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

- 2016-10-11 [New name, building for Erie County credit union - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxPWk5tZTJHdTJ5WkJrQm5hN0tHY3NJTjRyR3FYX1JVVUVwWDdQTkJxcjBCZkJaa2tGbExrLXV4UlhiMjVMQS1LTmNxdGRvSXhKTXJGZ0FDMlF3aUQyVGNiNUlGbU9TdW5lbmhhSTQ5bXF2LTlNX1BzVnc5U1p2a0dzY3pRQnRTZlNSTlFaUEpZS1dvZlE5bktDZlNWeTh4UDM3VFNqekFB?oc=5) · The Business Journals
- 2019-10-09 [Eleanor Modica Obituary (2019) - West Seneca, NY - Buffalo News - legacy.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxPaWpheVlUV3NwRk9kZGZJcXRabm4yYzNyRWRzQVJvbzNUeGJKTG9DMDVnZlhIbDVzd2s2M0N0YkdhN3V1YXNhbDdiLVRaaTlhMEc5eWRTODZENnN2WlNndi02S1g1QjgyVnd4YXUwR3Jmd3F6bGF0N2Q4R1BNdlRqdVJRY2ttaWZRLVNzYXphTlRjSm8?oc=5) · legacy.com
- 2026-07-03 [High-end deals continue to lose steam in May - Buffalo Business First - The Business Journals](https://news.google.com/rss/articles/CBMingFBVV95cUxQMkRIUW1JbE5sRnRndXBUZkRVdExBMlJzVzUtYmtfTWxjeXE5SjdnNHo0alliN0FmVHVDM1E5YUZBc1Z2X3ZDcC1rMmFld2c4bVh5VnlrUnk3dzVDOG1NZllCWUJLNE5QN1BYVWYyTnphbkZKaVM1cGx4NmRxdmtJRFU3bXZLSXVPWnZDaTFaOG9XcHRSUGpfVGRqamRsZw?oc=5) · The Business Journals
- 2021-11-05 [Ronald GEITTER Obituary (2021) - Orchard Park, NY - Buffalo News - legacy.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxPMExibG5XUE04dnhwOXpKenplNGg4czJta1NEQVktajlBZkRHaEFzYVAxd1RJM2VCSEdsOHlzTUFmRGxYMUJoek90ZXp3OENzM25sWjhmR1ZaaF9ja1kzdGo1VkRmVVNRc0thOUtEazFKeFhpdWIyOTc5M2I1Sk9MdmVVUUUyRkdOTFIycGdtRExsbWc?oc=5) · legacy.com
- 2022-11-28 [High-end deals in Erie County: October saw 267 transactions worth a combined $240M - Buffalo Business First - The Business Journals](https://news.google.com/rss/articles/CBMioAFBVV95cUxNR2lhdHZ1aDF4SWNFZE9qdnpvN3E4M0NlZWpzVmxYaWdLaGl3ejRzVzZrN1d5UmV3Nm1US3pNbnMySDZfNExrMlA1OHpVSUdJYWxrVks3TWEzaFF6ZFZDMnJ0aF9Yd3FwakdyQVVNV0FrMmk2S0t4ODhhT1RCeUlCZUlWVEF2VEQ2WGZockVRaVg5SFExTmwtaUtFMWdXZURW?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=613 (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/37.json (key "613", 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=613
- 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