# UNITED
St Joseph, MI · NCUA charter 6288 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/united-6288

Who the members are: federal charter, multiple common bond, organized 1949, low-income designated. 190,895 members of 477,238 potential (40.0% of the field); checking penetration 81% (share draft accounts per 100 members); loans per 100 members 64.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $4.40B |
| Members | 190,895 (-0.3% YoY) |
| Full-time staff | 689 |
| Net worth | $512.8M |
| Net worth ratio | 11.6% (p66 of band) |
| ROA (annualized) | 1.53% (p94 of band) |
| Total delinquency | 0.56% (p44 of band) |
| Net charge-offs (annualized) | 0.64% (p62 of band) |
| Loans / shares | 87% (p54 of band) |
| Cash / assets | 7.7% |
| Borrowings / assets | 5.48% |
| Net interest margin | 3.23% (p45 of band) |
| Operating expense / assets | 2.88% (p31 of band) |
| Vehicles % of loans | 16% (p22 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 66% |
| Third-party paper % of net worth | 67% (p30 of band) |
| Vehicle delinquency | 0.73% (p61 of band) |
| Vehicle NCO | 1.30% (p66 of band) |
| Repossessed % of vehicle book | 0.22% (p85 of band) |
| Real estate % of loans | 61% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 73% |
| Core shares % of member funds | 41% |
| Certificates % of member funds | 31% |
| Average share balance | $8,701 |
| Participations bought / yr | $0 |
| Participations sold / yr | $123.9M |
| Participations outstanding | $6.7M |
| Loans outstanding per 100 members | 64% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $26,058 |
| Loans granted, annualized | $1.40B |

## Participation posture (from the same filings)

Bought $0 and sold $123.9M in the latest annualized quarter; $6.7M outstanding purchased (1.3% of net worth), $37.7M sold and retained. Sold in 7 and bought in 0 of the last 8 quarters. Shares 3.8% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

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

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

- 2026-06-29 [20 Largest Credit Unions in America | Banking Advice | U.S. News - U.S. News & World Report](https://news.google.com/rss/articles/CBMigAFBVV95cUxPTGo3NzJqcExQdW1NT240R08xaGVXT1pFZHBGS29RSG9UaUJQaWkxV3RrbEZheE5jWjRlUmp0am5oQ3V6SFh6U2lIQ2NvaWtKTnhsNko2TU0zYXRhWUFEb0ZBUWFJUkxYWlQ4eVBTWHFmNjZkbW1QOXg1VnBDbExpWA?oc=5) · U.S. News & World Report
- 2026-07-30 [Visit Southwest Michigan closes on purchase of former United Federal Credit Union building - moodyonthemarket.com](https://news.google.com/rss/articles/CBMiwgFBVV95cUxNMWplSDlIakliWHRVdkxTZHhNX2hYdzZQTzl3SWFfSXJiMFRvNmlJYjZlekVUSnNvYUxSdHgydm9DQlhPaktUV1N1dmRYdHdGZGNpZF9qZzBoekZ0LURLRXZwQ2J1R2lhMFZmZjhqOTRaV0VOZG1XVXRYTDdodjdhazd3bDF3anZ6TGxjeDhpalpwSkYxVDdDSk5jSlJuZDNIdDNKYzBRRkxsZWxUU1M4YmswUmJScnBsaHFKUnV3VXBpUQ?oc=5) · moodyonthemarket.com
- 2025-11-18 [Davenport appoints CEO of Lake Michigan Credit Union to its board - Davenport University](https://news.google.com/rss/articles/CBMipgFBVV95cUxOWEdTcWEyRWZqeFpSc0JmemI0SFZ2ZzEteXpycGNKTWNvRmlsZDFkcmdPSzlHOFh4RUl5NjM4eEtGOGhpYWN4ZG50ZjA0WW90bVdIWlUxeWR4Ym11OHdzZ2JuTjlEVXE4TTRhS1BUMmpaRnBtMlU5TkVoT2U1ZDljWFVmRjA0UWw0a2toUEdXSG04cTZsZkhGakVpYy1yWXp2c2NPVlFB?oc=5) · Davenport University
- 2026-04-18 [Expo Showcases Holly Area Groups and Businesses - Oakland County Times](https://news.google.com/rss/articles/CBMikgFBVV95cUxNVXJKSW1IOU9Ucmh4Z1BweEZYb19nSDlGLXVDVnB5ZlUyMHM1b3NISFl3WmdBbVd2bjRjRFlmLWxVQ0hDamM5WTBhdXBCNldZbVh2T3JEVVl3MEFrRjZJT2doMU5aYmNpWlM1dzY0Rmpsb1BqU01uNFo4RWlwaGtPOWxlaTZEODc4dURWV1VqVDdBdw?oc=5) · Oakland County Times
- 2026-05-12 [Tourism bureau to purchase downtown ‘landmark’ in St. Joseph - MLive.com](https://news.google.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?oc=5) · MLive.com
- 2020-10-29 [United Federal Credit Union Unifies Core and Card Capabilities with Fiserv - Fiserv](https://news.google.com/rss/articles/CBMixAFBVV95cUxNbzcxYllqeXpVbUUyVi1nelpnTy02RzlHWVlCZDdiSDJvMlRBZDhSWElFSUVoY25MeFlkNUZZR0VtdHpLODRnT2VtVm8tN2p5Q3RlU2xzaU5Yc2tfaDdaZ3pQMFRBSnRjRGx2RVJDdlJQRlBqaFRCbFo4MjNDRndDY1lqWElkR3N2a1BSVlpQcHFZOUxmSFNmNEhia3dxU0VfdFhRbG5zQi1LYnRzczBSWVNQelBNZkhETl9PeFdHZzM0MHhv?oc=5) · Fiserv
- 2026-07-29 [Auburn Hills National Night Out is Aug 11 - Oakland County Times](https://news.google.com/rss/articles/CBMiigFBVV95cUxPWXpMQTRtS1QxbVVhNkhuTTR6WF91Qy1zZXZfcm1MYzM5Tjl2MXNwTlA4QmxUQVVVVDdBQThITDRfRmpzQ0ZxRHFBeUFnUTlHbURsczkzLU8xUFFDX1hFSExLTXBJWkE0elJpMXk0bXRka2ZWaWx5dk1ZcVpwWjJJTVRpQTQwRDFIYXc?oc=5) · Oakland County Times
- 2026-04-09 [United Federal Downtown SJ Branch Closed, Centerpiece Office Building For Sale - moodyonthemarket.com](https://news.google.com/rss/articles/CBMisAFBVV95cUxPaGJ5UlJvTE5RZGZldVgyVFpGYlZtNXo3b1djalNyU28yOHNhYnJ3VlB0X0U2dHdCSzlBVFNhZnQxVFNFWW1WTF9VVDdkeEJfbWZubktIRHU2VUxzSmhEcGtlQjNuQ2o4TTdtV1pXVm1CblZweGlLdnBRMUJnLVlPQWF3Qm1kZ1VMUkFyQVVNUExtTFc4cm00RnV2S2xIRFAzMWl5eEo4SnVBaHRuWXBTTQ?oc=5) · moodyonthemarket.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6288 (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/16.json (key "6288", 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=6288
- 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