# ARBOR FINANCIAL
KALAMAZOO, MI · NCUA charter 61708 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/arbor-financial-61708

Who the members are: state charter, organized 1935, low-income designated. 47,329 members of 10,127,884 potential (0.5% of the field); checking penetration 85% (share draft accounts per 100 members); loans per 100 members 51.

**Verdict on the desk:** this could be *ordinary*. 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 | $905.3M |
| Members | 47,329 (0.9% YoY) |
| Full-time staff | 174 |
| Net worth | $93.1M |
| Net worth ratio | 10.3% (p48 of band) |
| ROA (annualized) | 0.63% (p52 of band) |
| Total delinquency | 1.28% (p89 of band) |
| Net charge-offs (annualized) | 0.20% (p21 of band) |
| Loans / shares | 87% (p69 of band) |
| Cash / assets | 6.8% |
| Borrowings / assets | 3.98% |
| Net interest margin | 3.22% (p33 of band) |
| Operating expense / assets | 3.89% (p65 of band) |
| Vehicles % of loans | 7% (p5 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 12% (p22 of band) |
| Vehicle delinquency | 1.01% (p78 of band) |
| Vehicle NCO | 0.49% (p29 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 69% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 97% |
| Core shares % of member funds | 74% |
| Certificates % of member funds | 12% |
| Average share balance | $6,946 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $17.1M |
| Loans outstanding per 100 members | 51% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $27,901 |
| Loans granted, annualized | $148.3M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $17.1M outstanding purchased (18.4% of net worth), $6.5M sold and retained. Sold in 3 and bought in 0 of the last 8 quarters. Shares 0.7% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | loans>95% of shares, leaning on borrowings |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | thin capital, net worth falling | loans>95% of shares |
| 2017-06 | 2 |  | net worth falling |
| 2017-09 | 2 | loans>95% of shares | thin capital |
| 2017-12 | 2 |  |  |
| 2018-03 | 4 | thin capital, net worth falling |  |
| 2018-06 | 3 |  | net worth falling |
| 2018-09 | 2 |  | thin capital |
| 2018-12 | 3 | delinquency rising |  |
| 2019-03 | 4 | thin capital |  |
| 2019-06 | 5 | net worth falling |  |
| 2019-09 | 4 |  | net worth falling |
| 2019-12 | 3 |  | thin capital |
| 2020-03 | 4 | thin capital |  |
| 2020-06 | 4 | net worth falling | loans>95% of shares |
| 2020-09 | 6 | margin squeeze, delinquency 2x band, loans>95% of shares | net worth falling |
| 2020-12 | 5 |  | loans>95% of shares |
| 2021-03 | 4 |  | delinquency rising |
| 2021-06 | 2 |  | margin squeeze, delinquency 2x band |
| 2021-09 | 3 | delinquency 2x band |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 4 | expense trap, charge-offs p90 | leaning on borrowings |
| 2022-06 | 6 | net worth falling, delinquency rising, leaning on borrowings | expense trap |
| 2022-09 | 5 | loans>95% of shares | charge-offs p90, delinquency rising |
| 2022-12 | 3 |  | delinquency 2x band, net worth falling |
| 2023-03 | 4 | delinquency 2x band |  |
| 2023-06 | 5 | delinquency rising |  |
| 2023-09 | 5 |  |  |
| 2023-12 | 5 |  |  |
| 2024-03 | 5 |  |  |
| 2024-06 | 4 |  | delinquency rising |
| 2024-09 | 4 |  |  |
| 2024-12 | 3 | assets shrinking | thin capital, loans>95% of shares |
| 2025-03 | 3 |  |  |
| 2025-06 | 3 |  |  |
| 2025-09 | 3 |  |  |
| 2025-12 | 2 |  | assets shrinking |
| 2026-03 | 1 |  | leaning on borrowings |

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

- 2026-02-25 [Arbor Financial Credit Union welcomes Scott Townsend as Vice President of Information Technology - CUInsight](https://news.google.com/rss/articles/CBMi0wFBVV95cUxObVNmQ09PMW9pUFB5UnRUdEpOTDJYanJIeUtqcng3ZHFucEVKRUJSdWFuVXVIM2F0ZUQtQU5mUU1hRVNxOU5kSDRtZE9RbGRPZS05Y0NRM3NlU2NXQmhCYjJndUdjYnp6ZWRjRHMzNUxTYi04cndkNlRyVUliaFQ0MG9zQnJBQ283ZExVU2thd0F0dXZUWUF5bnQyVTdUZUVTazEzV2ViY1dEMWdYeVh1Z3IySXp2RDdZc0c5dU1oLXBsLVcwSW5KQ3MyLTN3QTVjOWJJ?oc=5) · CUInsight
- 2026-06-15 [Miller Auditorium Live at the Fountain: Cliff Erickson - NowKalamazoo](https://news.google.com/rss/articles/CBMijgFBVV95cUxNNGtjNnRPdEpkRVItODg5a3hObWNWNHl2WFl3eTM2VC1BaUhCbVVEVDByd1d2UjZ6c0tPcUY0N1drWnJYanl4YjRlMkdmcW8yUDNTeXpacTBoZkxycnFidUtGNkJVeWFldzUwQmRJalV6TWNLZ3NKbnZXLUIzSWl5M0NCT0haNjZwSVdtMlVn?oc=5) · NowKalamazoo
- 2023-08-18 [The future site of Arbor Financial Credit Union at 8350 Burlingame Ave. in Byron Center, Michigan. - MLive.com](https://news.google.com/rss/articles/CBMia0FVX3lxTE5vWVVuM3o0dEVKQUhpM04zaE9rWjJDZkwtMGVCcEVvN2tTVDJrT2VieUp4U1d6RXJwQ0lLZnlUYThDdW5DM1djWlRURTlvMEN4SGZEbTRlZm45SmVOcmw0UTNRNVc4cEdLbXVR?oc=5) · MLive.com
- 2017-10-06 [Driver crashes into Arbor Financial Credit Union in Portage - wwmt.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxQUmk4d0hFcDhfQTJ1Z25XMnZFd2JTelZISVgwYnpsY2tmOEIzb3BOcGtsR2FJaFJmMnV6bmR5aVBlcGgzRmEyQnhZVGFOSG5WOGV5aXpGRENpOS04T2dkT09XbDRac0Vwazk4S1NmcWJFR3BYcVBFemZac3VuemdWME1vRjJmeTZRVS1jeFlJRkk?oc=5) · wwmt.com
- 2022-03-18 [Arbor Financial Credit Union grows with new Hudsonville location - CUInsight](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQcnJ0Sll2dDZIdHRrbGtVa0h6cldWa3NkdG9xTUpqUlFidVRMdjdlTVNsMGJSd3NrNzJMMURDdjE1NHVsY3BNUzZ5eTU1aVl3M09DN0ZMQUVvbmJuOUtaMWRJUUtZQnpvYm1DdXBlNFpFaENsSThSQnBvcnhTTmdkQjQxVTBJRnNtcmxtMmJGQTROVnJDY3VSeGZCbU1NY0c3SFRIQ00yMDU?oc=5) · CUInsight
- 2022-03-21 [Arbor Financial Credit Union continues to grow in West Michigan - CUInsight](https://news.google.com/rss/articles/CBMipwFBVV95cUxNLXJ2VktERU1NZEFJQV82Rm1GYkxTeGdPQkJ5YVp5WFg3YjNCcm9zeHc0QWlTcnh1SjdnR0pFMlhscE9WV3c4Wmc4QmNPdkNKdFRjc0NRT05ocE9XNW5XRGNSTnkyNFhFOHVuS2QwLUFnNWJsRFFiZ01iQzlCMDIwMk96dHZfZDRvbExoRm1SVHlXbHhwV1M2VFlUY0tpaGxNS0s1RkdEVQ?oc=5) · CUInsight
- 2022-03-14 [Arbor Financial Credit Union announces Grand Rapids expansion - CUInsight](https://news.google.com/rss/articles/CBMipAFBVV95cUxQRC1Ccnh4Wk41dTdsal96bVJDeTA5Z3VtMlZPNnN1ZXZwZ1dub25JN19paERoVmdORmlOT3owcEZtR1h1Rl9icDU0RWdidS1FdVZXU3JJaGxaX0xQZGEwR1U2blhqVkZhY0FKUjJYYVpzZjVWeTBmX050dkc0VE95QjZYcVdiWGkzZDltallqS01qOVhXNGFjYkloMklTMGVxVk44Mg?oc=5) · CUInsight
- 2023-08-18 [What’s under construction by Byron Center High School? It has 3 drive-thru lanes - MLive.com](https://news.google.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?oc=5) · MLive.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61708 (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/12.json (key "61708", 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=61708
- 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