# EDISON
SPRINGFIELD, OH · NCUA charter 62269 · asset band <$50M · latest filing 2020-09 · stopped filing after 2020-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/edison-62269

Who the members are: state charter, organized 1964. 711 members of 1,500 potential (47.4% of the field); checking penetration 38% (share draft accounts per 100 members); loans per 100 members 54.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $4.5M |
| Members | 711 (0.3% YoY) |
| Full-time staff | 2 |
| Net worth | $439,923 |
| Net worth ratio | 9.8% (p27 of band) |
| ROA (annualized) | -1.10% (p6 of band) |
| Total delinquency | 0.40% (p42 of band) |
| Net charge-offs (annualized) | -0.55% (p2 of band) |
| Loans / shares | 56% (p53 of band) |
| Cash / assets | 11.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.92% (p49 of band) |
| Operating expense / assets | 5.45% (p92 of band) |
| Vehicles % of loans | 73% (p77 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 0.54% (p58 of band) |
| Vehicle NCO | 0.06% (p55 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 1% |
| Credit cards % of loans | 9% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 4% |
| Core shares % of member funds | 60% |
| Certificates % of member funds | 31% |
| Average share balance | $3,604 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 54% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $5,816 |
| Loans granted, annualized | $821,565 |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | losing money, delinquency 2x band, auto monoline |  |
| 2016-06 | 2 |  | losing money |
| 2016-09 | 2 |  |  |
| 2016-12 | 3 | net worth falling |  |
| 2017-03 | 4 | losing money |  |
| 2017-06 | 3 | members leaving | net worth falling, losing money |
| 2017-09 | 5 | expense trap, assets shrinking |  |
| 2017-12 | 5 | losing money | delinquency 2x band |
| 2018-03 | 6 | net worth falling |  |
| 2018-06 | 6 |  |  |
| 2018-09 | 4 |  | members leaving, assets shrinking |
| 2018-12 | 5 | delinquency 2x band, delinquency rising | net worth falling |
| 2019-03 | 5 | members leaving | expense trap |
| 2019-06 | 5 | expense trap | delinquency 2x band |
| 2019-09 | 7 | delinquency 2x band, assets shrinking |  |
| 2019-12 | 4 |  | delinquency rising, members leaving, delinquency 2x band |
| 2020-03 | 4 |  |  |
| 2020-06 | 5 | net worth falling, margin squeeze | assets shrinking |
| 2020-09 | 6 | loan book shrinking |  |

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

- 2026-07-20 [Midwest Members Credit Union Female Athlete Of The Month: Volleyball Recognition Highlights Mikayla Miller's Leadership At EA-WR - RiverBender.com](https://news.google.com/rss/articles/CBMihAJBVV95cUxNSlR6eV82TlM5dFNvVGRZbFJldFpETk9yMnIwR3VGUUVBX1F3Q2NjZWFkQU5lVXRicEltUFprTjBlNGNiblI3dHB1Qld6T2ZIZVJKVG55dl9IYl8xN0Q1V3RpcWZqbF96cm1Wc2Q4d2NpYVVqNERQYVhNRms2UTZFSG96dVZNUmhzQ1gtWXZQSGhYYWUzZWtBclJRN3ZHNERFUkNDc1pTclZhalFabjVRbUY1TDZPU05nYjRGdEw3UEI4N25TS1RxTmxoRmhPQmNMR2E3QU0tU0RkTGxyZE5rQXQzOUxkMkpxVXBKZ2k2MWZLZGxDSXNvZkFNbnNpV1VZREthSg?oc=5) · RiverBender.com
- 2026-06-05 [Fairfield Union wins in 11 innings to punch its ticket to the Final Four - Lancaster Eagle-Gazette](https://news.google.com/rss/articles/CBMi0gFBVV95cUxORHRLUkNwSHZYX1N4WDVNZ3lpSTNkRzNpTUhrNXNOQTVnOXF1aXJQVWVSV0kyVVlNdFlvTE1UM2g4SWU3UHhweTFCM3YzRkd1Q2hvUHBPSmV3MmhMS3ljUHk2ZGtjSlNCejdUUjJRQjBtMXBhTEFnSmR5ZGRwdGpyQ2xFYnVDRmVnSHozWTB3NWwtbjF1dDJCWnVFLVphelNJdWpTczJfakNMcnV4LW9VclB3RS1mMXRrb2RfR2RKYTVBT0kycTVjT0pqRkNORTF3cnc?oc=5) · Lancaster Eagle-Gazette
- 2026-06-04 [Five central Ohio baseball teams advance to OHSAA state tournament - The Columbus Dispatch](https://news.google.com/rss/articles/CBMi4AFBVV95cUxNNlpROHpWN2lGc3o1TnhQR0dZMFFCR3c1TjNwQTJmTU1TT3c1YU9XY0ZoTFRnMm5qYTVESThpeG1uc19PSXI1WVlZU2ZfbDdyYlN0UUcydUwwSlpueGhQWnlsdWJrR3ZwVEhmbkhmTXFFS2hSMmJKbkx3LUgyanptdm9zSGI3OTNjc3NfN0RrUmVkNHNLXzR6dkcxTk03TjhKY05qaElqX0JXVlhYVS15emNTNGt0a2tVSWVJZGZNYmdCa05weVZxNWNuTm9RNHprY0c1ZWVVd2YtdUozTDgzSA?oc=5) · The Columbus Dispatch
- 2026-03-04 [Phillips Edison & Co. Acquires Shops at Plaza West Covina in Southern California for $25.8 Million - Shopping Center Business](https://news.google.com/rss/articles/CBMiygFBVV95cUxNWWRpYnM0QW9Va2k5NDVmZzVremE0aTc1M1RfWS1jZ2JQZ2RCYjdXT2pqWXNicWFFaFZuMlh0bkxTUmt5YndLYmZWZ0R2VjhpNFlJUEtJTHhBRF9LajZzUF92UVhsMTk5V2JMTG5McHNJcGE3WFFyM3U3a2t3d0FZWFBKSDZqZDNaVVBJMmEtWDcyM09OckJZb0xlS1RUcnI4SWt2djYyTTlreWNQb2ZCeWxSbk5hdkQyUllsaWJVakI0bkNHZGw1WFF3?oc=5) · Shopping Center Business
- 2026-06-02 [Stark County OHSAA high school baseball scores, results June 1-7 - Canton Repository](https://news.google.com/rss/articles/CBMi2AFBVV95cUxQblZtdlFtWDZ5dXM5ZWlfd2gyRm5RbmxHMzF6SDdsdk5EdnNRWWg3UVg1Q01TYVdsZTdPcHkwb2RlTmg5NFJIY0NtU0tiTnJDbDZqZ1AtcWtVUElDR1RDajdlcmpUa2V4a2RHN0t0NHVfbE90d0dHM1ZoU05NQ2p0X3dORGM1cGo0RzhvWVN4ZjdYeW1JNkdfcEhXQl9aZFVaLU5LcjVKb3JNVlBpQTA2NEpYNERWSElDa1BGM3VGQnpDV24ybjV0SWZTTDdzSGJSczR1dDBJbVk?oc=5) · Canton Repository
- 2025-07-03 [Toledo Federal Credit Union to reopen - WTVG](https://news.google.com/rss/articles/CBMid0FVX3lxTE5FMTJ3RU5jWnNqSTFyQjVGT01iOG1oeWJfbTZnZV9hMURHQVRDWUJ4dWRkWXBJdndyOXlSUmY0OU5YWVo4Wk4wdkd2ajVrczF6WjFEdy1BbVZ4MXNPYk82ZGc1N0pwaVdyZmsxbG0ta2tjMUpsdUpN0gGLAUFVX3lxTFA4OWVRVF9Zc2tKYWFyenE1b1JUSjE1bjVBWWFsaHdIUExfSm4zNWxfcENXX2NtZ0k1UXFtbWNoOWRpSDQxdXZYVkFab1BaMGx4MzZtUXlSYXpRLTFOLVl1UTU0S1c4dTZ3bWZHT21JUllsU0FwekRibHhCdElZYmI4bjQ1aV9FWWM4RzQ?oc=5) · WTVG
- 2025-09-09 [Day Air Credit Union to Host College Prep Night at Day Air Ballpark on September 9 - MLB.com](https://news.google.com/rss/articles/CBMiygFBVV95cUxPRmIwRWMzdFhhSmdrMTA1ZndVbExPbi1mNmJ2VFpXU04taDNfNlE0eTBkLXY5TEJ4aDZha05NbDZPQ0ZlQ3FoQ1BSRjNDWWszZmNIcndKTDVYYllhTVNjQTdBVXJlek1nZXdGbGZYWWhFemVlNVB0YnJUVlJvVzZzdEstNXROMDA5RzUxci04NFp5U0tYVGR5aGZTQk0xVUp5a2RKRVlLV2VJTEtxZklwYm9QNDVwZGpwOXJSOGFkQ2ZMM2lRRFAzMHhB?oc=5) · MLB.com
- 2025-08-13 [NCUA Approves 45 Credit Union Mergers During 2025’s Second Quarter - CUTimes](https://news.google.com/rss/articles/CBMiowFBVV95cUxQQkU1Wk5iWXZYbVlIaVFEbVc2VkFZQkEwaE0yWmZZODNNVjg4WFdyeDk0VnJPbkEzLXljSDNydkJDM2d4R1h2aU5oeUJmQmE4TENlcWY5TEtZWnlZWjdYcmdMQ01RNlBkV01pdl8wb2FDaW5NYVBXWDY4OTVVYmp1SVFfQ0JHMWtFVmRoUEhjeHl5c3NTTDQtTVhReGo2Y0NuZkFn?oc=5) · CUTimes

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62269 (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/61.json (key "62269", 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=62269
- 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