# LAKE HURON
Saginaw, MI · NCUA charter 61638 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/lake-huron-61638

Who the members are: state charter, organized 1959, low-income designated. 6,264 members of 374,387 potential (1.7% of the field); checking penetration 68% (share draft accounts per 100 members); loans per 100 members 67.

**Verdict on the desk:** this could be *quiet fade*. 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 | $82.5M |
| Members | 6,264 (-3.0% YoY) |
| Full-time staff | 21 |
| Net worth | $11.8M |
| Net worth ratio | 14.3% (p65 of band) |
| ROA (annualized) | 0.66% (p47 of band) |
| Total delinquency | 0.57% (p47 of band) |
| Net charge-offs (annualized) | 0.02% (p21 of band) |
| Loans / shares | 90% (p96 of band) |
| Cash / assets | 10.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.79% (p94 of band) |
| Operating expense / assets | 4.72% (p83 of band) |
| Vehicles % of loans | 30% (p30 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 57% |
| Third-party paper % of net worth | 89% (p84 of band) |
| Vehicle delinquency | 0.68% (p56 of band) |
| Vehicle NCO | 0.01% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 58% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 47% |
| Certificates % of member funds | 26% |
| Average share balance | $4,752 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 67% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $14,617 |
| Loans granted, annualized | $16.8M |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | delinquency 2x band |  |
| 2017-03 | 3 | net worth falling |  |
| 2017-06 | 1 |  | delinquency 2x band, net worth falling |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 2 | delinquency 2x band |  |
| 2018-09 | 1 |  | delinquency 2x band |
| 2018-12 | 3 | delinquency 2x band, delinquency rising |  |
| 2019-03 | 2 |  | delinquency 2x band |
| 2019-06 | 2 | delinquency 2x band | delinquency rising |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 | expense trap | delinquency 2x band |
| 2020-03 | 3 | net worth falling, margin squeeze | expense trap |
| 2020-06 | 3 |  |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 |  | margin squeeze |
| 2021-06 | 2 | delinquency 2x band |  |
| 2021-09 | 1 |  | delinquency 2x band |
| 2021-12 | 0 |  | 3rd-party paper>100% NW |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 4 | expense trap, delinquency 2x band, delinquency rising, 3rd-party paper>100% NW |  |
| 2022-12 | 2 |  | delinquency 2x band, 3rd-party paper>100% NW |
| 2023-03 | 3 | members leaving, 3rd-party paper>100% NW | delinquency rising |
| 2023-06 | 6 | net worth falling, delinquency 2x band, delinquency rising |  |
| 2023-09 | 3 |  | net worth falling, delinquency 2x band, delinquency rising |
| 2023-12 | 2 |  | members leaving |
| 2024-03 | 1 |  | expense trap |
| 2024-06 | 2 | net worth falling |  |
| 2024-09 | 1 |  | net worth falling |
| 2024-12 | 3 | expense trap, delinquency rising |  |
| 2025-03 | 3 | net worth falling, members leaving | expense trap, delinquency rising |
| 2025-06 | 4 | delinquency 2x band, delinquency rising | net worth falling |
| 2025-09 | 2 | expense trap | 3rd-party paper>100% NW, delinquency 2x band, delinquency rising |
| 2025-12 | 2 |  |  |
| 2026-03 | 1 |  | expense trap |

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

- 2026-07-12 [Stephanie Kay Fischer Obituary Jul 12, 2026 - Gephart Funeral Home](https://news.google.com/rss/articles/CBMicEFVX3lxTE8yWnA4akVmTUpSUkt1WTJ3V056M3BwTEZRejhDb3FqcWdTZGJDcThlcmtmaTB6ZVl5RDI4X1dOTzNjZEo3Q2N4Z3ZFNEV4dXotVTFOaUpjeGtMVG9jblJRV015X1ZJbERWMDM3NXljazM?oc=5) · Gephart Funeral Home
- 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
- 2024-07-01 [Up North lakeshore town plans Fourth of July celebrations, including cruise-in car show - MLive.com](https://news.google.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?oc=5) · MLive.com
- 2019-06-18 [[Update: 8 more banks] Google Pay adds 57 US banks and credit unions to its already enormous support list - androidpolice.com](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPSjhTQUN1SFZQZDB1ekU5cHJlM201ckRZcllldUJhd1JxaVhqc1lnVzVQaW9jZEJ2M2dNd1ZVVjlUclhITE45eXE1N043Mk1sNkJfTW5JYmhRRy1rWEY5bU5tN1p6S1ZjbmZxTzNveDhNaVF2eGFGMUJROFhOTkIwdE5RRWkxRFN0UFlobmJNajZJcDROSmhES0c3WE1kWHhJckh2bExsc0IzaG1LWDVEYlg3amZKYWdOMFBkYzNNdVo2Zw?oc=5) · androidpolice.com
- 2026-01-09 [9 Timeless Michigan Towns To Visit In 2026 - WorldAtlas](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNWlBrZkVMams1NmJXNnNmVDZGY3JzNGpPcDFvNC1nTXRib25xMHMzR3U0emhxdFhuQjRralk3a01FbDcwUGVIQ3hoV1lKZ1k3UTR4THFFendJTlVMZ1VxSmdoVTJXSWdmRVh3b3RSTm5xYldKTUdBUDNlLVQxaVNSWVZnWVZIbWpC?oc=5) · WorldAtlas
- 2023-02-14 [Gerald A. "Jerry" Stowe Obituary (2023) - Saginaw, MI - Deisler Funeral Home - legacy.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxPSENORFM4VjF2amgxZG5ZV3V1Q0QtRXkzaHJBR2p1MzIyV2RoNVYyUlh4TU55M21lUE5kSGRWSWU2WkU4dzFiU1RtdnB6LUlPTkZlamNGT0EwV3AzblI1WHVJVFBYc1JfUjBJaFVnR1ZvMDVtV2VCeEtCY19zbjR4cg?oc=5) · legacy.com
- 2007-12-23 [Kenneth Wood Obituary (2007) - Saginaw, MI - Saginaw News on MLive.com - MLive.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxNckx5T2ROZmdsU1ZjeW9RVUlsejEtRklPbzgwZHJfNVFXT3pvWTdWcVQ5aHhIVy0wNWlYWFFEdmJLX09EQkxvLVJYc0psRjlWbHA5cy1wbE1ZVzVyazZJYkRNY1MxRzlOajRGQkJNcEhQZWkxR1kyVWp1ZWI3RlFwczNJUWxTR3M3V1E2Tg?oc=5) · MLive.com
- 2021-12-04 [Richard Merrill Fairley - legacy.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxQTDdacVdLRTFMaENFZ2N2TVhBSkh0ZGJKQzRydW51bnhlNUVTTHlqU0pHNlVpNHJNWkFzVXVHdkVRNlZ2ZjBXSXB5Y3V0all1S05kbWlMdVU2N01uc1hGQU90cWpWWVdsOVltYXZQTmN5UEhEVm55M0RwZzY4OFNFb0VMUlM5a0pOWllxY1NKX29wY2c?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61638 (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/6.json (key "61638", 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=61638
- 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