# NORTON-TROY EMPLOYEES
COHOES, NY · NCUA charter 61651 · asset band <$50M · latest filing 2021-06 · stopped filing after 2021-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/norton-troy-employees-61651

Who the members are: state charter, organized 1939. 408 members of 600 potential (68.0% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 18.

**Verdict on the desk:** this could be *too clean*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $4.9M |
| Members | 408 (-13.6% YoY) |
| Full-time staff | 2 |
| Net worth | $907,481 |
| Net worth ratio | 18.4% (p81 of band) |
| ROA (annualized) | -1.14% (p6 of band) |
| Total delinquency | 0.00% (p10 of band) |
| Net charge-offs (annualized) | 0.08% (p58 of band) |
| Loans / shares | 32% (p23 of band) |
| Cash / assets | 9.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.53% (p13 of band) |
| Operating expense / assets | 2.68% (p42 of band) |
| Vehicles % of loans | 18% (p11 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p46 of band) |
| Vehicle delinquency | 0.00% (p19 of band) |
| Vehicle NCO | 0.00% (p33 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 78% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $9,845 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 18% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $17,177 |
| Loans granted, annualized | $45,800 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | delinquency 2x band |  |
| 2017-03 | 3 | delinquency rising, assets shrinking | losing money |
| 2017-06 | 2 |  | delinquency 2x band |
| 2017-09 | 3 | members leaving |  |
| 2017-12 | 4 | delinquency 2x band, loan book shrinking | delinquency rising |
| 2018-03 | 3 |  | delinquency 2x band |
| 2018-06 | 2 |  | members leaving |
| 2018-09 | 3 | members leaving |  |
| 2018-12 | 2 |  | loan book shrinking |
| 2019-03 | 3 | losing money |  |
| 2019-06 | 3 | delinquency rising | losing money |
| 2019-09 | 3 | loan book shrinking | delinquency rising |
| 2019-12 | 3 | losing money | loan book shrinking |
| 2020-03 | 3 |  |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 3 | margin squeeze | assets shrinking |
| 2020-12 | 4 | loan book shrinking |  |
| 2021-03 | 5 | assets shrinking |  |
| 2021-06 | 5 |  |  |

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

- 2021-06-06 [Robert Skiba Obituary (2020) - Poestenkill, NY - Albany Times Union - Legacy obituary](https://news.google.com/rss/articles/CBMilwFBVV95cUxQRjFtUy1BMkkwS1I4LVJnOHlwVS1KZmRtZDV0eVhfZl82dEtERmQ0TzdUcDBsLVV5R1BTVmI5b19SVHJwR1dSeWZScXctcERJYXhjQ3oteFV5NWVVcWsteW56djdDRWFyOG1yY2lYTkdSTzA0aGFQdm5kNmFXMEVwTUpjdUVCckVha2RPdkNPVDgwajRERWdJ?oc=5) · Legacy obituary
- 2020-10-11 [Robert Skiba Obituary (2020) - Poestenkill, NY - The Daily Gazette Co. - Legacy obituary](https://news.google.com/rss/articles/CBMikgFBVV95cUxPOEcxRG5GM0FUclN1bUFvMV9JQjU2MjNvSDE3NEtMOWFFbW9SalpTeUZObjFHRVozVHhqUmgxZFdFZFVvY0N4Z1d6YlZZV1ZXcUNLQXowdzRqbnNQMmE2Q0E3Y0xGMEdIREZ1a05lOVVWYlctbWFhbG5lYjI5NjJ4Z1BKR192VTRDTjNUNDlIZVFlUQ?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61651 (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/19.json (key "61651", 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=61651
- 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