# NEW HORIZONS
CINCINNATI, OH · NCUA charter 63307 · asset band <$50M · latest filing 2021-09 · stopped filing after 2021-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/new-horizons-63307

Who the members are: state charter, organized 1934, low-income designated. 4,453 members of 1,056,131 potential (0.4% of the field); checking penetration 47% (share draft accounts per 100 members); loans per 100 members 46.

**Verdict on the desk:** this could be *stressed*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $41.9M |
| Members | 4,453 (-7.9% YoY) |
| Full-time staff | 10 |
| Net worth | $2.4M |
| Net worth ratio | 5.8% (p1 of band) |
| ROA (annualized) | -0.77% (p8 of band) |
| Total delinquency | 1.06% (p70 of band) |
| Net charge-offs (annualized) | 0.69% (p87 of band) |
| Loans / shares | 66% (p76 of band) |
| Cash / assets | 21.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.30% (p45 of band) |
| Operating expense / assets | 3.78% (p75 of band) |
| Vehicles % of loans | 20% (p11 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 2% |
| Third-party paper % of net worth | 5% (p92 of band) |
| Vehicle delinquency | 0.63% (p66 of band) |
| Vehicle NCO | 1.95% (p96 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 64% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 96% |
| Core shares % of member funds | 49% |
| Certificates % of member funds | 25% |
| Average share balance | $4,688 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 46% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $12,543 |
| Loans granted, annualized | $7.0M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 2 | losing money, expense trap |  |
| 2016-09 | 4 | thin capital, net worth falling |  |
| 2016-12 | 3 |  | net worth falling |
| 2017-03 | 3 |  |  |
| 2017-06 | 2 | net worth falling | losing money, expense trap |
| 2017-09 | 3 | members leaving |  |
| 2017-12 | 2 |  | members leaving |
| 2018-03 | 3 | losing money |  |
| 2018-06 | 2 |  | net worth falling |
| 2018-09 | 5 | expense trap, delinquency rising, loans>95% of shares |  |
| 2018-12 | 2 |  | expense trap, delinquency rising, loans>95% of shares |
| 2019-03 | 3 | net worth falling |  |
| 2019-06 | 5 | delinquency rising, charge-offs p90 |  |
| 2019-09 | 8 | delinquency 2x band, repo signal, members leaving, loan book shrinking | net worth falling |
| 2019-12 | 9 | assets shrinking |  |
| 2020-03 | 12 | capital below 7%, net worth falling |  |
| 2020-06 | 10 | margin squeeze | delinquency rising, delinquency 2x band, assets shrinking |
| 2020-09 | 8 | delinquency 2x band | charge-offs p90, repo signal, net worth falling |
| 2020-12 | 8 |  |  |
| 2021-03 | 9 | net worth falling |  |
| 2021-06 | 9 | repo signal | loan book shrinking |
| 2021-09 | 8 |  | repo signal |

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

- 2026-03-05 [Kemba Credit Union buys property to open larger branch - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQSU5FMzlKMk9fRWg3elJkVEtzWlR2TVIxcmpjeHYyOVoxXzBYNHA1R2Nya05TUjJyTjBnOGpLR014NGZSRkw3REJ3VTFSMUNxaE9vSmtsY1dvWFRPWTUwRkMtWWVwZEhCT0lQRGxyX0xqTkJHZlhmTEhKOFBnOUJVUnhMMzA2a1lkSHNBekdqTmpNS0MwQzM2akh4ZUs0Y3lGZ2JIQzE5bW4?oc=5) · The Business Journals
- 2017-02-09 [Suspect sought in South Lebanon bank robbery - FOX19 | Cincinnati](https://news.google.com/rss/articles/CBMiigFBVV95cUxNYzJCRFc0ejJEU0h3cC1ZSVctQ0toM1o2bTJHTXBSTTRNZzZ1ZUdFN1pISzlIbTU4djczVDRiWU9kQlVvQTMtYVlqOXBDbHRtMkp2S3BNRndldnFKNng4MmxBczRjZm9BSG92dVZWSWozRlQxaC1xVzJMd1BnaGExMjl2TjVFb0txZmfSAZwBQVVfeXFMTWlZNk1lckw2clYyOHdGd2hUaDZWcWg4Yng1TnFnY3dCcWxHNVV3cjFibEdXbTN4UmRfZFNsQ0FfMENGakpZOVpUTlR2ZTQtOEh4OUxjVWRvTTZhY2QxSkR2a1NpQ0drUWhNU2hPODd4T0MwMU5YamNkRmtHN2tlWDFwbWZTWXl4OV95Qmt3UjNfdVE4NVdJWTFpb1Zs?oc=5) · FOX19 | Cincinnati
- 2025-12-05 [Self-Help Extends to S.C. Coast With New Branch - CUTimes](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQOXNjTVV5S2dmZ2ZxaHZRUmhKNl9lTGVCRzV0TUNUOWNpVjF4NnpxNUJVaVFUSkNjdVV5anRqNzdTRHVZNHhrSk5KNWRGV2JGeXh3Ni01SXNFQ3BpVjYxSnBaZEVzV1laMjZWUUREcU9NNVk1VkdrNUFyWUlGZnI0b0JWUmZaUmpP?oc=5) · CUTimes
- 2017-10-27 [GrooveCar brings on 25 new credit union partners in Q3 - Auto Remarketing](https://news.google.com/rss/articles/CBMilAFBVV95cUxPc1hHdERaTnQzbDZKbEVObEJXb3BzTXZIQXdxajFVQXJSeVBtTmFjc2RNV2NzR0E5eVZkQklJZ3RQYTBvRGFaLVpXR0k0M19SSkR1MEtYdEx0SGVIN2tMeXZnZzhfMXdtLW5fTGxOeUNLYjZUdzNNYlJLTUU5QUk4WmxQbVZpUnNIQ0R1eFJXMHB3SFFi?oc=5) · Auto Remarketing
- 2018-10-18 [Alleged accomplice from downtown Cincinnati bank robbery appears in court - WKRC](https://news.google.com/rss/articles/CBMipwFBVV95cUxQaDh5aGw2dGh4Slc1ZUhwd09lTGpLYTVSZFhIREJ4Z0xrWVVrMkJPSkN2X2R0Mzh5cVFTbzc1czJvX0tPcW5Mc1d1YlpVUklpQ3dTWE1PckdaRm4xTWlFZndPLTZjZ2ptblVYMUVZVHgzbUFLcmtuU0IwamQ1ZHFiLWpQc050dzR0bDFrU0JKeXhqa2RPNUtMX3dxcTdwemJVdVI3OVU0WQ?oc=5) · WKRC
- 2026-02-26 [Marion Women’s Business Council reveals 2026 Athena award nominees - The Marion Star](https://news.google.com/rss/articles/CBMi0gFBVV95cUxNcEN4U3RQbjhYVlh0dlBySkZNRGhUYnJIQ2FsZm0zU0R3b1BJSU9YTkNRc0tubE56RzJrS2dpR3psSmpKR01LZ2pDMDdZN1hEbUdZRlFkbGVhT050blo4ajc3MF9YZ0s1QzhpWDdHbWJ1Qnh5QTROUGVDbl9kSGFCaVNOOHc3cEc2SGpQM3pOMGVlZmE5UTdnRm12LTAxZmZ0dnN2RF9ZV1lNNVNMQXRNMW1xRXVIamQ3RFBaQWNyZmdjZXlSNXVBRGhEdmNQREkxbVE?oc=5) · The Marion Star
- 2021-10-12 [Wintermutes mark 50th anniversary - Wyoming County Examiner](https://news.google.com/rss/articles/CBMifEFVX3lxTE1PZnR0ZTBUckhzRXB0ODlOMmo4RUd0dFpsS1BwNTZyZVJiVTlBN0tiOHZUYXIxVFdvc0RFTW45dTV6bl9BQjY3YV8wTlZpZmw4QWFDalY3S1JCTUh2TGMtT3RySzhZTmJVTFRzdVNtTmw5dU5aZml3dkl0dVM?oc=5) · Wyoming County Examiner
- 2012-11-13 [Barbed wire behind him, Mike Haywood dreams of coaching again - AL.com](https://news.google.com/rss/articles/CBMieEFVX3lxTE5vcWY1MU5TbUJ6Q1lScW9TYkF3NTJoZUJIdGdJTVF2MEgwMi15SVNaNjdXYmVCU1pCQzA3MUdTOVNuV0tGTDBZSXNHOTZLT0x4b2c3U1lwMWc4al94Z1pkVXI5WGJneWxGd2dMRDFOT2dtTnBvalgyVQ?oc=5) · AL.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=63307 (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/11.json (key "63307", 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=63307
- 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