# ONE
SPRINGFIELD, VT · NCUA charter 63923 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/one-63923

Who the members are: state charter, organized 1952. 18,255 members of 9,904,457 potential (0.2% of the field); checking penetration 58% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $263.2M |
| Members | 18,255 (-2.0% YoY) |
| Full-time staff | 62 |
| Net worth | $20.5M |
| Net worth ratio | 7.8% (p2 of band) |
| ROA (annualized) | 0.22% (p16 of band) |
| Total delinquency | 1.06% (p81 of band) |
| Net charge-offs (annualized) | 0.46% (p58 of band) |
| Loans / shares | 78% (p59 of band) |
| Cash / assets | 8.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.16% (p85 of band) |
| Operating expense / assets | 4.69% (p88 of band) |
| Vehicles % of loans | 28% (p40 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 59% |
| Third-party paper % of net worth | 177% (p76 of band) |
| Vehicle delinquency | 1.44% (p87 of band) |
| Vehicle NCO | 1.16% (p76 of band) |
| Repossessed % of vehicle book | 0.42% (p93 of band) |
| Real estate % of loans | 45% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 126% |
| Core shares % of member funds | 73% |
| Certificates % of member funds | 22% |
| Average share balance | $6,220 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $15.5M |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $16,975 |
| Loans granted, annualized | $42.1M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $15.5M outstanding purchased (75.8% of net worth), $0 sold and retained. Sold in 1 and bought in 6 of the last 8 quarters. Shares 0.5% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **repo signal** (`aq_repo`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | net worth falling, 3rd-party paper>100% NW | losing money |
| 2017-06 | 3 | delinquency rising |  |
| 2017-09 | 1 |  | net worth falling, delinquency rising |
| 2017-12 | 1 |  |  |
| 2018-03 | 3 | net worth falling, expense trap |  |
| 2018-06 | 3 | thin capital | expense trap |
| 2018-09 | 2 |  | net worth falling |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | margin squeeze |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 2 |  | thin capital |
| 2020-03 | 3 | thin capital, losing money | margin squeeze |
| 2020-06 | 3 | net worth falling | losing money |
| 2020-09 | 4 | delinquency rising |  |
| 2020-12 | 6 | margin squeeze, delinquency 2x band |  |
| 2021-03 | 5 |  | delinquency rising |
| 2021-06 | 5 | losing money | margin squeeze |
| 2021-09 | 3 |  | net worth falling, losing money |
| 2021-12 | 3 |  |  |
| 2022-03 | 3 |  |  |
| 2022-06 | 3 |  |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 4 | repo signal |  |
| 2023-03 | 4 | net worth falling | repo signal |
| 2023-06 | 3 |  | net worth falling |
| 2023-09 | 4 | repo signal |  |
| 2023-12 | 4 | delinquency rising | repo signal |
| 2024-03 | 5 | losing money, repo signal | delinquency rising |
| 2024-06 | 6 | net worth falling, delinquency rising | losing money |
| 2024-09 | 6 | losing money | delinquency rising |
| 2024-12 | 5 |  | delinquency 2x band |
| 2025-03 | 4 |  | losing money |
| 2025-06 | 2 |  | repo signal, net worth falling |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | repo signal |  |

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

- 2020-02-25 [One Credit Union opens second NH branch - Vermont Business Magazine](https://news.google.com/rss/articles/CBMijAFBVV95cUxPNXB2d2RfU29IZjNuUUtHdXplX19TU181SnVSQWV6dkQzZ2t0cERoQUxueGx2RTRvcldodFNSMWk4OE5pRmdxODlzclBGMlhmREtqZzMtVEhudUJzbVFlNHp1d0NNZzkyUWVxZzh1TFU3LXRkdFloMHJieUh3bEF3X1hrSEJrcTZURXY3SQ?oc=5) · Vermont Business Magazine
- 2024-11-23 [Green Mountain Credit Union and Opportunities Credit Union hope to become one - wcax.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxOWnNWME00b3UtU29JYVNoVXRnUjlZTkJrTkxjWDZLNEl2YjU1eUVRT01OVVNZdmU2MnpaWGJ5eUJoRmdKN25tTkpfQzdNUUJTSTItLTV3V2ZxeXB0RXh5d2Nxb2lPdnNNdU5HZVQ0X3hKVGF1MGVTWjgtQ3dyVzFYRDA3X2FwU1lwVTNmUVFjWm9FSGQ2S044eGxuUW1SX296aG9ENTJn0gG6AUFVX3lxTFBVUXhyQU9DckxmQlk5cHQzSVgtVXJyR1NQU1lFcGwyMzkxYmRidTk2X2ZYOHRaYXdybVBoTUpSYjJ3WmZIak9xZmt6LTY1WmV3eFB0S2tNTi1kLVJZamIwc3d1RXpibHNmWDdNQlljWWY2TUZRZzNVbGlQTU5WWlVqbmlvekVrb2ZVM1NRM0YxVk9rMVVjR1RvTUdDM2xadG5aTUhoeks4c1ZmVU1mUEtFT2dyQndzZkwwdw?oc=5) · wcax.com
- 2021-11-18 [2021 Crystal Performance Awards Show Pandemic Resilience Among Credit Unions - Fiserv](https://news.google.com/rss/articles/CBMixAFBVV95cUxNX3pLYXJNeWI0ck0wTnJNcElTbVU2ZzB1VF9zVEJ5YlFKelQ1dE84VE1nU2ZydXU0Y3ZVZENybXpFQjNSY3VKN2RHODE1OXl1dDRzUUNzQmo3N1diNWR4YnFILXlhWE1jcVJ4N3cwWGh5bWNBQkRmNVJHaWttSHYwMkIyUUFNTTlPUUFWc3RhLVRvaHF1VkQ5UFVxVGZtUWJEd0lXNUJQbXhDYnpKRXZqVnVMSnVieEM5NkowRTZXRjU2NVdW?oc=5) · Fiserv
- 2021-01-14 [One Credit Union donates $12K to Make-A-Wish - The Vermont Journal & The Shopper -](https://news.google.com/rss/articles/CBMiggFBVV95cUxOa0JpRGR0d2FiUE8yX1JFVGdITHVZWWtWTGpnWnlUY0xydlVfb053WDVXcnpGOUctMnhiaEkxLW83Q0Y5MDd6T3E5OXFfb05BZXBVMGFGZlp2T1JTVUM4OHpnbUFVUFhqcUtCbUVWa1RYaUFfblNkWmx1V0I0U19zbVVR?oc=5) · The Vermont Journal & The Shopper -
- 2025-07-02 [Vermont cannabis banking brings 'unique experience' for credit union - Brattleboro Reformer](https://news.google.com/rss/articles/CBMi5AFBVV95cUxQR212NDVEWXpnTGJ6QVo0X29mNE1FdGUtUUhhUGd2c0Q1TTBrTzdLekRVbWhrX09Ja0s5ZWNJS0kwUE1LX1BiQ1dpdmFlWUtCRXpPa1RLc1lZVjRlN3RITi1maTJUNWFhdVZ2RF9aZzFNVG1tYW95dGhQanFINWprUDRRbVJHclZRSlRNd00wdVM5LXVYdXlwWGxBTFFKU1ItQWxhWE1ETVlXa2t1bDlWcHJHNjdVLUZueklnbENRM1JXVGkxUVdQN01adDIzVk1VOGtGUVBnLVNGLUlJbllYVU5LcWM?oc=5) · Brattleboro Reformer
- 2020-08-26 [One Credit Union names Brett Smith its new CEO - American Banker](https://news.google.com/rss/articles/CBMimwFBVV95cUxPM3M4emxJd1I5MmVEOWNjRjJ6QjhXN0Vaa2tFOU1xdVI3Z1lTZWhoX09DM0VrZG12VWRMdGthOTNRMEM3TVM0SV94MjZ1NDZTMmItV3VhR1FkdmxPM0doWUlxREc3TjE4NFIwQzhTWWVZN3hfakFLdTNFdjVkM085MVVaU1o0MTlQd2JpUnVPNjdQNUpsaDBsUE1BRQ?oc=5) · American Banker
- 2022-02-23 [Vermont’s 2 largest credit unions to merge - VTDigger](https://news.google.com/rss/articles/CBMif0FVX3lxTFBMMTYwNnBVeFZUTnVTLTU4SnB2YlJfcHNKbUZoaHFCMVFXOER1QmtmTDV5d1dvYkFqcmZ1aW1heFpMWHNyQlM1NE1HUU85Q0dqMGJXWEF6bnFtMnE4YURxb2NtYkZpQmRiSWN2NnhnSm9fNnByN3ppTDFYSFhpQXc?oc=5) · VTDigger
- 2024-07-02 [2012-2024 List Of Failed Credit Unions - Bankrate](https://news.google.com/rss/articles/CBMib0FVX3lxTFBqUTBmbUhvaEh6UXpMOERnZTMzUjU2djBQVUVxMHd4UmZFRF84OWFtelZtZXQ3eTF5ZE5fbE5YVTRIUWd2dDVDWjZxZ3F4d3gwRFhMV2FyT21RWXlTLVVoRTE5Z0R1Ql9iMHVmYndZUQ?oc=5) · Bankrate

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=63923 (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/51.json (key "63923", 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=63923
- 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