# WORCESTER
Worcester, MA · NCUA charter 64144 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/worcester-64144

Who the members are: state charter, organized 1976, low-income designated. 6,355 members of 893,282 potential (0.7% of the field); checking penetration 50% (share draft accounts per 100 members); loans per 100 members 28.

**Verdict on the desk:** this could be *quiet fade*. 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 | $107.1M |
| Members | 6,355 (-16.9% YoY) |
| Full-time staff | 11 |
| Net worth | $12.3M |
| Net worth ratio | 11.5% (p48 of band) |
| ROA (annualized) | 0.69% (p49 of band) |
| Total delinquency | 0.54% (p44 of band) |
| Net charge-offs (annualized) | 0.05% (p15 of band) |
| Loans / shares | 72% (p55 of band) |
| Cash / assets | 10.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.47% (p38 of band) |
| Operating expense / assets | 3.27% (p36 of band) |
| Vehicles % of loans | 5% (p3 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 7% (p40 of band) |
| Vehicle delinquency | 0.23% (p25 of band) |
| Vehicle NCO | 0.00% (p8 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 89% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 70% |
| Certificates % of member funds | 22% |
| Average share balance | $8,982 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 28% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $38,294 |
| Loans granted, annualized | $13.5M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **members leaving** (`shrink_members`)

## Warning timeline

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

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

- 2026-05-01 [Worcester Credit Union: Banking For People, Not Profit - wbjournal.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNQUU0Z1NjeVVBbHVSUWctMTltWUlRNlZNRW01cExwckdmdV95YXZyUldHRm9MSkVZSG9JUGZxWnVzaFJBYTR0a1IzT1RKVkQ4T2ZkLW5YWlJ4Mkk5Yk1DMmZtWDREZ3N0OUZpdGN6ZlByMzJObTJOVVlWRkdlVzV6ZG9ybS15ZE9ybi1N?oc=5) · wbjournal.com
- 2026-02-12 [Capt. Jason C. Couture, WFD Obituary February 12, 2026 - Mercadante Funeral Home & Chapel](https://news.google.com/rss/articles/CBMidkFVX3lxTE94VVk5MkkwVnRkblZKWkRQSEVtb05TNXB4MkxjSUVQc0c3VVQ0OFViVjZCRmxGdUVKSjFfNGcwNGtwdTFERGp6Tlp0ay1yMXUybmdEYVZmQl96empxakZpY1lpNjNmS283ZlRaY0Vac0JIY2xHOUE?oc=5) · Mercadante Funeral Home & Chapel
- 2025-10-29 [In Worcester County, a unique class empowers neurodiverse students with financial skills - boston25news.com](https://news.google.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?oc=5) · boston25news.com
- 2026-06-18 [Tara K. Creamer Obituary Sep 11, 2001 - Legacy.com - Syracuse.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxPTWRwb1IxaHF5eEFVeGJUaXpod1JzVHhGTjhFSjYzUFJPSFlzcVJZNFJEdEVwaXhxdDdHcmdnWWNQSzFYWFp5aTdjTzZncy1zbm9vaTdERlZhRXMzYXNJeDNZdmN4STJqeS1JQV9FT2FQOEV4V0JlOThUTlNuVEFXTXNxekJmS0hPazRZRXFFZWlOZw?oc=5) · Syracuse.com
- 2026-02-17 [Worcester Fire Fighters Union Announces Death of Capt. Jason Couture, 51 - This Week in Worcester](https://news.google.com/rss/articles/CBMifEFVX3lxTFB4b181amh3TUpYLW84QllHRzFiRm9RRjNEZzc5OTZHOFFHbmpaSWVfX3VBa2paa3d2WmRwVHVwNjdYa0d6eDBBVmd4ZHZKRXJNVkhXdDltMVpFWlRaMElTMUlvdlBYdnBpcHNWMThraXhCekFsUHdyczdleXc?oc=5) · This Week in Worcester
- 2020-08-26 [Worcester Credit Union snags industry veteran as next CEO - American Banker](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOdzNOTE9oTnBfQkF4dE9YeWtTOW9LekkyZXJKLUtDeC1mSFhScWI4RUFZNjRmQ0ZhOG9ZUGhUSFIwNFUzNnpiT0JjZUo5djVXcTlKN25La19pNGQwQ09VRHgtd2oxekYtTVZhUmdXTU9uTWhfc29CUUMya2o5OHdHSHpoaTBhWUdzTXFGQ01jVVlFVWxMV1NqcFhYaDZwVWdJWDY5NkdSZGVhUQ?oc=5) · American Banker
- 2025-09-02 [Central MA Credit Union Earns Spot On Top 10 Best To Work For In The U.S. - Patch](https://news.google.com/rss/articles/CBMingFBVV95cUxOY1hiZ01ySUt3bkQ1VTNoUHVjZHB4Z1hqb0laWDk1cFIxYjYxUk14NmV1SE9LMzJ2T0Y5U3FtTXpSRmJhLXNqRnhYNGJVUUhPLXBZTmh3YXctd2NlQ1QxTVV6dHVBMk9jcEU5Rmd4bTQ2SnlMZzVwMG1PMFdyZ3RRaGZsUmZmbXJXbjRSUDE1cEpHTjdyRlNtRlFuLVYwQQ?oc=5) · Patch
- 2025-11-18 [Workers Credit Union Names Worcester Mom the Winner of 2025 Woofster's Workers Reality Augmented Reality Game - MLB.com](https://news.google.com/rss/articles/CBMib0FVX3lxTE1COVktMDlNX1A1VVRpN3VsdGlxcVdyNF9kcnZHM053YkR2M0xzWjJRN2VWTjYzTGJGUGdhbDZlNjIzUVhFUzlHUXFYVFVBNGFVMVdMMHh1UHN1Zl9TNnpxREtpZ1BvcW5ySl9lUWszNA?oc=5) · MLB.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64144 (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 "64144", 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=64144
- 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