# WHITE RIVER
Rochester, VT · NCUA charter 64421 · asset band $50-100M · latest filing 2025-09 · stopped filing after 2025-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/white-river-64421

Who the members are: state charter, organized 1947. 3,925 members of 10,000 potential (39.3% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 52.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $53.2M |
| Members | 3,925 (-2.5% YoY) |
| Full-time staff | 10 |
| Net worth | $6.3M |
| Net worth ratio | 11.9% (p41 of band) |
| ROA (annualized) | 1.48% (p82 of band) |
| Total delinquency | 1.24% (p76 of band) |
| Net charge-offs (annualized) | 0.05% (p13 of band) |
| Loans / shares | 67% (p56 of band) |
| Cash / assets | 19.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.68% (p90 of band) |
| Operating expense / assets | 4.04% (p70 of band) |
| Vehicles % of loans | 42% (p48 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p26 of band) |
| Vehicle delinquency | 0.31% (p32 of band) |
| Vehicle NCO | 0.18% (p36 of band) |
| Repossessed % of vehicle book | 0.00% (p37 of band) |
| Real estate % of loans | 46% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 74% |
| Certificates % of member funds | 11% |
| Average share balance | $5,627 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 52% |
| Loans granted per 100 members, annualized | 17% |
| Average loan balance | $15,212 |
| Loans granted, annualized | $11.9M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, losing money |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | losing money |
| 2017-03 | 2 | losing money |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 1 |  | losing money |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | assets shrinking |  |
| 2018-12 | 1 |  | assets shrinking |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 3 | net worth falling, delinquency rising |  |
| 2020-09 | 3 | margin squeeze | delinquency rising |
| 2020-12 | 3 |  |  |
| 2021-03 | 5 | capital below 7% |  |
| 2021-06 | 5 |  |  |
| 2021-09 | 5 | delinquency rising | net worth falling |
| 2021-12 | 1 |  | margin squeeze, capital below 7%, delinquency rising |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | assets shrinking |  |
| 2022-12 | 2 | delinquency rising | assets shrinking |
| 2023-03 | 2 | assets shrinking | delinquency rising |
| 2023-06 | 2 |  |  |
| 2023-09 | 1 |  | thin capital |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 | delinquency rising | assets shrinking |
| 2024-06 | 2 | assets shrinking |  |
| 2024-09 | 1 |  | assets shrinking |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 2 | delinquency 2x band |  |
| 2025-09 | 1 |  | delinquency 2x band |

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

- 2024-06-20 [WRVU Graduates Did it Their Way - The White River Valley Herald](https://news.google.com/rss/articles/CBMidkFVX3lxTE5tcmVhZ3VuTXQxRnVDbktKb1h6NjIyZjNseGVvSml2NjkwSWVVZV8yTzJOb29ic0p4N3RmZ3BVLTFNc3JITmhhTTBtenNyckQ1dU9MbnBZcDZueU5scUpsUmRtY08tRkNtbVhmY1RwZG0wSVJoOVE?oc=5) · The White River Valley Herald
- 2024-06-13 [Susan M. Griffin Obituary Jun 13, 2024 - dayfunerals.com](https://news.google.com/rss/articles/CBMiX0FVX3lxTE9zcDZtTmx1bzd3NUdSZkF1bXUwNlR1d0YydnY3cHU1VUF3c0ZMbTZVTUZLVjlJWktNVlk5S3JsR0NkdnhsYjlROGVOTG9za2s4a3V5V2o4djc0WDl6Q01j?oc=5) · dayfunerals.com
- 2025-04-05 [Marilyn Gates Obituary (1931 - 2025) - White River Junction, VT - Valley News - Legacy obituary](https://news.google.com/rss/articles/CBMiigFBVV95cUxQc1JORjhpRFFUQmsyZ1g3bFRrRXhaYjhXaEt0SDl2cFlZZUZ1R3R0TU85QkozQk5LUm43VVpOSXNGYUp0czA3RC1LQ2FGbXlSYWZwSFN4bzg0YzJvakxyMlVsbWdPQXE3MTl4X0gxbnJwbUZTUFdqaXpDaWY4X2l1ZzZYd1o3alJfRWc?oc=5) · Legacy obituary
- 2025-12-31 [Jason Royal Shaw Obituary Dec 31, 2025 - dayfunerals.com](https://news.google.com/rss/articles/CBMiW0FVX3lxTE92cmR1Tk1EanAtVnV3TEZpSmxIeWpMeGJ5NWxyTFlVcWV2UGlQbTVUMkZaMFBHVXEza0RTZXZEOTczMmJROFRubFh1YmZtODZjTEJId1JCZ3Via2M?oc=5) · dayfunerals.com
- 2021-12-23 [Richard Harvey - The White River Valley Herald](https://news.google.com/rss/articles/CBMiX0FVX3lxTE9RM0ZJUi1tVVppU3VVZnFLUVhOWkFXV3FCSXlndDJQNnJpY1d2V1NCNDEyTEJoUGpZZTNMS1BMY3JKbG91OGRYNWpkbjU5WEswZ2xHV1RKRk1JX1ZoN0JV?oc=5) · The White River Valley Herald
- 2021-06-01 [Susan Marie Fedak Obituary Jun 1, 2021 - dayfunerals.com](https://news.google.com/rss/articles/CBMiXEFVX3lxTE5rUkU5OTlJb0Ywai1DSE1qQzVTOW5RR1VXVFI3TElRNU02d05nc3JlOWZ0b3V4TThnSjFCVmxhalF1cmdMaEFCYkVNVGtmLVJNdWd1SUlnMHRUMEtk?oc=5) · dayfunerals.com
- 2018-10-18 [WRVP To Present ‘Singing Master’ - The White River Valley Herald](https://news.google.com/rss/articles/CBMidEFVX3lxTE9VbE9vdHhiVS1JN1djdFBHZDlhZnZsQUVBUjd4RG5hNTc0THV4OUxhNk9oSHEtWlRMUTBpVHVGcWVfLXJxU3cxY0dVNllaQ0I4cFNCa0d3c3Jna3czWVhCc3Itcm1pZDJzcW0wMF9BaXpnaDRN?oc=5) · The White River Valley Herald
- 2017-06-22 [Twenty-Three Whitcomb Grads Urged to Aim High - The White River Valley Herald](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQd256TVYxTXR5cmlNdU1WVkpWWFZiT3VLTGlDUXpnOXluRjlaNkJkWTZxVHI4YWNrVlBfTlBsdlROMUVmWnJvYzJrNmxaRnhyTlVMbU8xOG1VUnNyd3BqZkluN19ORnZkM0ZSc19rTmZ2amg5ZTJOcHV5Y3hHVDFsUURqNHRSMVRk?oc=5) · The White River Valley Herald

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64421 (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/37.json (key "64421", 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=64421
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide