# FRANKENMUTH
Frankenmuth, MI · NCUA charter 61755 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/frankenmuth-61755

Who the members are: state charter, organized 1964, low-income designated. 78,016 members of 10,140,459 potential (0.8% of the field); checking penetration 73% (share draft accounts per 100 members); loans per 100 members 76.

**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 | $1.57B |
| Members | 78,016 (4.4% YoY) |
| Full-time staff | 387 |
| Net worth | $154.2M |
| Net worth ratio | 9.8% (p30 of band) |
| ROA (annualized) | 1.51% (p94 of band) |
| Total delinquency | 1.07% (p83 of band) |
| Net charge-offs (annualized) | 0.46% (p43 of band) |
| Loans / shares | 81% (p36 of band) |
| Cash / assets | 16.7% |
| Borrowings / assets | 0.01% |
| Net interest margin | 3.75% (p79 of band) |
| Operating expense / assets | 4.45% (p96 of band) |
| Vehicles % of loans | 23% (p40 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 44% |
| Third-party paper % of net worth | 80% (p34 of band) |
| Vehicle delinquency | 0.68% (p58 of band) |
| Vehicle NCO | 0.88% (p45 of band) |
| Repossessed % of vehicle book | 0.02% (p30 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 7% |
| Unsecured % of loans | 13% |
| Commercial % of net worth | 136% |
| Core shares % of member funds | 34% |
| Certificates % of member funds | 18% |
| Average share balance | $7,252 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $11.0M |
| Loans outstanding per 100 members | 76% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $19,268 |
| Loans granted, annualized | $322.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $11.0M outstanding purchased (7.1% of net worth), $2.7M sold and retained. Sold in 0 and bought in 3 of the last 8 quarters. Shares 8.0% year over year.

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | delinquency 2x band, 3rd-party paper>100% NW |  |
| 2016-06 | 3 | loans>95% of shares |  |
| 2016-09 | 2 |  | 3rd-party paper>100% NW |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | 3rd-party paper>100% NW |  |
| 2017-06 | 4 | net worth falling |  |
| 2017-09 | 5 | leaning on borrowings |  |
| 2017-12 | 3 |  | net worth falling, leaning on borrowings |
| 2018-03 | 3 | expense trap, leaning on borrowings | loans>95% of shares, 3rd-party paper>100% NW |
| 2018-06 | 4 | loans>95% of shares |  |
| 2018-09 | 3 |  | leaning on borrowings |
| 2018-12 | 4 | 3rd-party paper>100% NW |  |
| 2019-03 | 7 | net worth falling, losing money, charge-offs p90 |  |
| 2019-06 | 6 |  | losing money |
| 2019-09 | 6 |  |  |
| 2019-12 | 4 |  | delinquency 2x band, loans>95% of shares |
| 2020-03 | 4 |  |  |
| 2020-06 | 4 | thin capital | charge-offs p90 |
| 2020-09 | 1 |  | 3rd-party paper>100% NW, net worth falling, thin capital |
| 2020-12 | 1 |  |  |
| 2021-03 | 2 | thin capital |  |
| 2021-06 | 1 |  | thin capital |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | net worth falling |  |
| 2022-06 | 2 | delinquency rising | net worth falling |
| 2022-09 | 1 |  | delinquency rising |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | delinquency rising |  |
| 2023-06 | 1 |  | delinquency rising |
| 2023-09 | 3 | net worth falling, delinquency rising |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 2 |  | net worth falling |
| 2024-06 | 1 |  | delinquency rising |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | delinquency rising |  |
| 2025-12 | 1 |  | delinquency rising |
| 2026-03 | 1 |  |  |

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

- 2026-03-25 [Better Together is the Key to Business for Frankenmuth Credit Union - tuscolatoday.com](https://news.google.com/rss/articles/CBMi5gFBVV95cUxPWHNYUlFIai1KejNndzAzRnU5REJEbHJCQnE2OF9aMHAtYnhUd3pfWERDQzVQaEM2d25nQjU1ak90V09JWFc5Wmg2aWVqaldJazRCOF95TFhISEh6NEJYd3JBbUJvVkFmV3g0RFZHY0lTOENIdmVpSS1MY0JCMkFkQTdBZ2Nualg3d3pKUHVNaGUzQXhnbXd0dl9zQkxobXczZ2R3SURwTzgxamJJS3VLSDVnTFM5ZUNUbmhNdlJENXdoR3M0V1RiQ3k4QzFZdEpsRGNqcjE0ejRjR0Z1ejFoX0NzMFdhUQ?oc=5) · tuscolatoday.com
- 2026-03-26 [Frankenmuth Credit Union gives $20K in educator grants - abc12.com](https://news.google.com/rss/articles/CBMi1wFBVV95cUxOX0pVREFIanRFZ042cmF5eVh5WEhaeW8xNlJhWXlOMFNhZjZiMUd2OHNKaW5hNWxzOC1iTi1qZnRBaGNNUWNuMExVQXJrV2FTbVpxTEhpbEQweFlsTUViY2pIYlJ5QmZydDlXR3FKXzZnRXJqMk1oNmNpSjVjXzBvWmVfMU5PV1ljUEo0LUVxdEZyWTg5aFlSWXhkTTlQdzlZNlZHWS1FbEhBWEl5MDRid2kyYU1xWkp1cGhfVHVzeTJSSFpQVlk5R1AyQ3ZLVWtjTjhpU2M0SQ?oc=5) · abc12.com
- 2025-07-21 [New partnership simplifies estate planning for Frankenmuth Credit Union members - CUInsight](https://news.google.com/rss/articles/CBMivAFBVV95cUxOb1Q1WWk4LWVGN041b0FnMnVuaWQ1T19zb0dEYmVuNEtwTkJiRFR3bDdmQzRaOHlTS2ZEbHJuQUczV043OGFDTjdLdW0wRjV2WFNhVGlYQmd1WmozVGNac215aFA5OWQ1dkZZbHpzM2ExR2U4cnN6cG5Fbzg5bjBaZU8wQWs5TjZRbkxWSFhjMXpwd0RGeHlxLU5INFFCXzJfUE96ejlOZk5ZNldxdkhwM2ZqMl9RQ1NDcFM0UA?oc=5) · CUInsight
- 2026-05-06 [CASE, Team One credit unions merging in Michigan next year - abc12.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxNQkczYzhyenRrYkNSZFhLWjZUSWNTYzhnalNGaGw2Q3FiNldxV2ltSXNXQ3F3Qk9lSHgwVWxxS3NpRkJjYlJVYnowWi1ZOHZRcnFfb3QxelY1SWZhdG42OU5RZFZTamZFdFNDd05xNkdfM2FCRGpYYVpmMzN6Uy1LbXZ3ZS1TMUpDdTlqdFp4YTM0UXNOWUprQUtWazlZSDBrS2pILUdvUEZpWERPbUhkZDRpcDRId1VwTHQwdEs1bUZ6bmE4MmtTN3RhZlRJUjJ1b2d4b2hEN3cxU1U?oc=5) · abc12.com
- 2025-04-10 [Frankenmuth Credit Union warns members of text scam - WNEM](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPN3hLaHRRVnlvNjkwZ1lNLTJSbUttWV9vZkRRNkU5M3cyZHJrLWJrR20tYmNoR25DaWNWLTlwYkVSbXI2cV9rMXdja2w0UXdkUTBaWFAxdDVmcWszSGd4U1FmMVdUX2NaNzhmVmwxWUJLRl84OHBteDhYNW1oQk5NazFieXc0WGxQ0gGcAUFVX3lxTE4xaG9FY01JMXNTT2pZYUtFRU9pbzl1cXcyMzZxVmpraFN2YUFqLUlaUlhCRXdTT1NXUG9PdkR5RHd4QjZCUWdBVVFYYVdFb29DNEdSYVptdnNUcGhPeXVyNmZxMk1XajJ2SlV0d010VENHS1hRMTVwX2xsM2Vua0VyTVA1clhPUmN3aG9jS0l3NklIWGNHZ3piV2o0LQ?oc=5) · WNEM
- 2024-01-01 [Frankenmuth Credit Union opening new branch in Harbor Beach - Huron Daily Tribune](https://news.google.com/rss/articles/CBMiogFBVV95cUxNaXZ1cmdHUExueFNhYnEyMlFsNkNvUzNFMmpQQmxDOE54Z3QxZERUMldlOXFUbUVFeFpGZDB6a3RjZ1dYdWZlVWRzelNWN1N3ZVJXeE90MUtKUE1vcGJzSGRaZGJpSGwtRnZocm9JM0NQanpuTnJ3UWpGUVpiUEJRRlQ4MFRqbzdTdUk0bEF4TXNLT2FpTllyWDhwV2pyX0o1Q2c?oc=5) · Huron Daily Tribune
- 2021-01-28 [Original CEO of Frankenmuth Credit Union dead at 76 - American Banker](https://news.google.com/rss/articles/CBMiogFBVV95cUxQTUJ4d2tJWkNraVdjdHBXSm9XekJ0SUtSMjJGXzFfbVYtdFkxeHdIaHI5QlFHTklkcXBuZ3hmRlZ3UUItRFoxOXR1ZWVKWlpEX0ZCWEdIYnRTWlQtazd3VV9NSnJMaTA1NmREV3JIY1FiUENWaFNtNkhodEpLbkVkcDRkdTdwd2RWcFBPamJ1cUZoWU9YdDI1ajE0Y25ZNjRYUWc?oc=5) · American Banker
- 2022-08-19 [Local Frankenmuth Credit Union branch open for business - The Argus-Press](https://news.google.com/rss/articles/CBMijwFBVV95cUxOSklDb244M2J0MFNocFRCSGZvQzFZd05mQWFPaV85MUp2Q1paNmVCd3c1cm1KeUxldGpkM1JmQTVfNnFlSGF4a0ZsZTlMVC1VeEdBaVlESHVSY3B1SzJKcGZOYjljdGxuWUo4c2JIWFRuVHhKWFh4YW1QLUd4YU41SzBGR1RpQmlZNVVjQXMwUQ?oc=5) · The Argus-Press

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61755 (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/59.json (key "61755", 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=61755
- 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