# CORY METHODIST CHURCH
Cleveland, OH · NCUA charter 61622 · asset band <$50M · latest filing 2016-06 · stopped filing after 2016-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/cory-methodist-church-61622

Who the members are: state charter, organized 1958, low-income designated. 650 members of 2,500 potential (26.0% of the field); checking penetration 10% (share draft accounts per 100 members); loans per 100 members 7.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $1.5M |
| Members | 650 (– YoY) |
| Full-time staff | 0 |
| Net worth | $363,590 |
| Net worth ratio | 24.8% (p92 of band) |
| ROA (annualized) | -2.09% (p3 of band) |
| Total delinquency | 37.39% (p100 of band) |
| Net charge-offs (annualized) | 4.39% (p98 of band) |
| Loans / shares | 53% (p46 of band) |
| Cash / assets | 19.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.95% (p49 of band) |
| Operating expense / assets | 3.07% (p41 of band) |
| Vehicles % of loans | 45% (p42 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 0.00% (p14 of band) |
| Vehicle NCO | 1.31% (p90 of band) |
| Repossessed % of vehicle book | 0.00% (p44 of band) |
| Real estate % of loans | 50% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 89% |
| Certificates % of member funds | 6% |
| Average share balance | $1,164 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 7% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $12,524 |
| Loans granted, annualized | $127,328 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | losing money, expense trap, delinquency 2x band |  |
| 2016-06 | 3 | charge-offs p90 | expense trap |

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

- 2024-07-02 [2012-2024 List Of Failed Credit Unions - Bankrate](https://news.google.com/rss/articles/CBMib0FVX3lxTFBqUTBmbUhvaEh6UXpMOERnZTMzUjU2djBQVUVxMHd4UmZFRF84OWFtelZtZXQ3eTF5ZE5fbE5YVTRIUWd2dDVDWjZxZ3F4d3gwRFhMV2FyT21RWXlTLVVoRTE5Z0R1Ql9iMHVmYndZUQ?oc=5) · Bankrate
- 2021-02-27 [Cleveland church where the Rev. Martin Luther King Jr. and Malcolm X spoke to be stop on proposed civil righ - Cleveland.com](https://news.google.com/rss/articles/CBMi7wFBVV95cUxOR1VJQTVfU1I1QzZ2SExJV2FHbUxzU2x6M3RtS3c5dFZJWFdqWWVXblhRQVZhX1AxY2pvOHB1Y1dTdjYwTTVUS2czQzJ2eFNpUVBWbjRBLUdCZ05GTXFaV2xaaDk5UFpBMDdmSm81bWU4ODVCM29oOW9sQnUzMHF4OVJ4Q2dyLXR4SkRiZHpXS0t5WHNkVDZRMUZZQU1MMTVVSWM4X1F0aHRZU0NscTdQN2xNS3BMbG1feFhfNm12Mlk5MEpSSWJ5X0cxNmZaSEJPWnFPVENBQW1md2p4cEJWZ0VMMlRVRUFyS2s5RUJVRdIBgwJBVV95cUxOMjhRNHJtaklXMGtBc253ZUNZaEM3T0tMLU1maHRFNVdFSno1T2pwTzRGVG1fR3RfNEp6WFo5RUlOUUhETXhjR2NteWd2aUpkdUFqMVE3M2RwNHZmRmtpZzhFYWt0VVAxdEJUeTlGY1BrNXduSXZsSkZIVWVZTHBEV3VHZC16UUJyV3JWbjBMZ211c2dYTmRDMjhseGF3VWZYR2dsenBycUp3N0JSX0lBemJqZ09rWkwzajdLVzBkX0t3Y1dpang5NHFmblFZRWpoTHFyWnNxMHRLd0l1T1hmOXNMY1ZLVUNpVk1yQko5Y2JjODNUbmVac2ZjeTJ1RVJTRzRz?oc=5) · Cleveland.com
- 2021-04-10 [John Hardin, Jr. Obituary Apr 10, 2021 - Brown-Forward Funeral Home](https://news.google.com/rss/articles/CBMiZEFVX3lxTE9YRThZeWhmQ3ZUSGU1OURqd3N4VnpfdHkyeWhHUTdjdVhvODgzUFRJMnhOck1WQThVc1NJWFo3TGdRSlZ4YjJCNjR1N014Y1k1MzdGNDM0MDU2R3NkVktpN21NYnM?oc=5) · Brown-Forward Funeral Home
- 2021-10-06 [REV. ORLANDO CHAFFEE - Cleveland.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxNTkRZVmt4TDJ5RFdKNW5mM0RRQjB2MUZaY2dhT1FoZE5qZXREcm0tcVFQTlNfbmt6RVFpM1pYQjFOaVJxQlprZW95UmdnZTlBMWZmVFNnaEZUZ2FFcmtGdWtsanFIRXFfYnd1cHgtQUdvWmpsSndvRWtvdmR2X1lmcFlSWUhfRDdCbThxaVdTY2lTbDJibWpIQQ?oc=5) · Cleveland.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61622 (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 "61622", 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=61622
- 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