# MEMBERS 1ST
Brattleboro, VT · NCUA charter 63899 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/members-1st-63899

Who the members are: state charter, organized 1957, low-income designated. 2,111 members of 3,000 potential (70.4% of the field); checking penetration 40% (share draft accounts per 100 members); loans per 100 members 76.

**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 | $23.2M |
| Members | 2,111 (-0.4% YoY) |
| Full-time staff | 8 |
| Net worth | $2.1M |
| Net worth ratio | 9.2% (p11 of band) |
| ROA (annualized) | 0.59% (p51 of band) |
| Total delinquency | 2.79% (p85 of band) |
| Net charge-offs (annualized) | -0.12% (p11 of band) |
| Loans / shares | 72% (p70 of band) |
| Cash / assets | 33.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.70% (p42 of band) |
| Operating expense / assets | 3.90% (p58 of band) |
| Vehicles % of loans | 29% (p17 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 2.42% (p83 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 56% |
| Credit cards % of loans | 8% |
| Unsecured % of loans | 12% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 46% |
| Certificates % of member funds | 38% |
| Average share balance | $5,800 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 76% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $9,437 |
| Loans granted, annualized | $3.6M |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 0 |  | thin capital |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 2 | delinquency 2x band, delinquency rising |  |
| 2017-12 | 1 |  | delinquency 2x band |
| 2018-03 | 2 | net worth falling, members leaving | delinquency rising |
| 2018-06 | 3 | delinquency 2x band, delinquency rising | net worth falling |
| 2018-09 | 2 |  | delinquency rising |
| 2018-12 | 3 | delinquency rising |  |
| 2019-03 | 2 |  | members leaving |
| 2019-06 | 3 | assets shrinking |  |
| 2019-09 | 1 |  | delinquency rising, assets shrinking |
| 2019-12 | 2 | assets shrinking |  |
| 2020-03 | 2 | margin squeeze | assets shrinking |
| 2020-06 | 3 | net worth falling |  |
| 2020-09 | 5 | thin capital, losing money |  |
| 2020-12 | 4 | members leaving | net worth falling, thin capital |
| 2021-03 | 5 | thin capital, loan book shrinking | losing money |
| 2021-06 | 3 |  | margin squeeze, loan book shrinking |
| 2021-09 | 1 |  | delinquency 2x band, thin capital |
| 2021-12 | 2 | thin capital, delinquency 2x band | members leaving |
| 2022-03 | 3 | net worth falling |  |
| 2022-06 | 1 |  | thin capital, net worth falling |
| 2022-09 | 2 | delinquency rising |  |
| 2022-12 | 2 | assets shrinking | delinquency rising |
| 2023-03 | 2 | delinquency rising | assets shrinking |
| 2023-06 | 2 | assets shrinking | delinquency rising |
| 2023-09 | 2 | loans>95% of shares | assets shrinking |
| 2023-12 | 3 | delinquency rising |  |
| 2024-03 | 1 |  | delinquency 2x band, delinquency rising |
| 2024-06 | 2 | net worth falling, delinquency 2x band | loans>95% of shares |
| 2024-09 | 3 | margin squeeze |  |
| 2024-12 | 3 |  |  |
| 2025-03 | 3 | losing money | delinquency 2x band |
| 2025-06 | 2 | thin capital | margin squeeze, losing money |
| 2025-09 | 0 |  | net worth falling, thin capital |
| 2025-12 | 1 | delinquency 2x band |  |
| 2026-03 | 2 | delinquency rising |  |

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

- 2024-03-31 [It wants to be Vermont’s credit union: Jean Giard and Vermont Federal - Vermont Business Magazine](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPSmZMQ0R0M1RhdFUxVDhhc2tsWFBVYjl2b3ZwdTQyeEpqUmZveDk2NlZray1Uekt6bFlWYlhuYzFpNUNuaUtwcGxkMkpIZDhpMi10M2luVkxuLWs4R3NWWE1DVUJyeTUzWnlrSkJ5MGE0NGNQVm11UjJSeE5pZkRBd0tEMWxTekVkb1hITmdCTU5KZmRPUDdqNkZqTGN2ZkEzOXZJdHFjSTU1Zw?oc=5) · Vermont Business Magazine
- 2025-12-03 [Senate Democrats press credit unions on overdraft, NSF fees - Banking Dive](https://news.google.com/rss/articles/CBMinAFBVV95cUxQajZFN21QaGhwTDZrOGIxVWZ6cUxxOFp2UFZtX1ZZclhUZXpqNWNEd2RZYzI1MEp6OWxXeDdWa2h1djJ1LVdUUzJ2VnAzS1Bpc09HOG1tYjYyWlpVR0R0RjR6RHpBbmNVdkV1QVBHM3BpRndac3Brc0ZrQ25CTlV3TVZQLUxjcTVxRVRhY3ZtUHJxSS1rN2l0dTdBZXM?oc=5) · Banking Dive
- 2025-10-07 [Regional Banks, CUs: 3 Proven Strategies to Drive Growth - Resourceful Finance Pro](https://news.google.com/rss/articles/CBMifEFVX3lxTFAxR0V1c1lIRy1GXzQtSGNTNk9EM3N6NjM2M3FzT0p2b2hTUDc2aEw2NVR2Z0lUaDBUYXRTckJsanRGWXdsenQ1SnU3SEw3bldSSWhEcmNqLWdMMVNIM3R1Sks5a2FoZy0xTkpoUkVOaVJISDFDd01PR3IzM3I?oc=5) · Resourceful Finance Pro
- 2018-10-02 [Here are all of the banks that currently support Apple Pay - iMore](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · iMore
- 2009-10-21 [Marline Shepard Obituary (2009 - 2009) - Vernon, VT - Brattleboro Reformer - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxPcU44Tkd5MWxpbTA4MjBRYUNtSm01cDlFVDd4NVgyVmtrVlBzZkYzemRHWXdTOExMa2F5eUtqbGFORlVsYnd3dlhjRU5MYm1HVU1CczgtLUFRaVJ4cUdYZ210NHQ3NW02cmg5N2RWYU1DcXlYSkFnVm1RN1NyTGVCV3pWMGhZVndHQWE5SDFzUUQtUTFB?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=63899 (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/27.json (key "63899", 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=63899
- 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