# FAIRMONT VILLAGE
Fairmont City, IL · NCUA charter 64460 · asset band <$50M · latest filing 2021-06 · stopped filing after 2021-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/fairmont-village-64460

Who the members are: state charter, organized 1937, low-income designated. 433 members of 1,800 potential (24.1% of the field); checking penetration 115% (share draft accounts per 100 members); loans per 100 members 30.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $2.4M |
| Members | 433 (-3.1% YoY) |
| Full-time staff | 2 |
| Net worth | $288,727 |
| Net worth ratio | 12.2% (p52 of band) |
| ROA (annualized) | -1.95% (p3 of band) |
| Total delinquency | 0.38% (p49 of band) |
| Net charge-offs (annualized) | -0.08% (p15 of band) |
| Loans / shares | 36% (p29 of band) |
| Cash / assets | 48.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.91% (p70 of band) |
| Operating expense / assets | 6.64% (p97 of band) |
| Vehicles % of loans | 60% (p51 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p46 of band) |
| Vehicle delinquency | 0.00% (p19 of band) |
| Vehicle NCO | 0.00% (p33 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 25% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 97% |
| Certificates % of member funds | 3% |
| Average share balance | $3,094 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 30% |
| Loans granted per 100 members, annualized | 18% |
| Average loan balance | $5,683 |
| Loans granted, annualized | $525,608 |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | losing money, expense trap, delinquency 2x band, auto monoline |  |
| 2016-06 | 4 |  |  |
| 2016-09 | 4 |  |  |
| 2016-12 | 5 | charge-offs p90 |  |
| 2017-03 | 7 | assets shrinking, members leaving, loan book shrinking | charge-offs p90 |
| 2017-06 | 6 | net worth falling | members leaving, loan book shrinking |
| 2017-09 | 7 | members leaving |  |
| 2017-12 | 5 |  | net worth falling, members leaving |
| 2018-03 | 6 | members leaving |  |
| 2018-06 | 6 | net worth falling | members leaving |
| 2018-09 | 7 | members leaving |  |
| 2018-12 | 3 |  | delinquency 2x band, auto monoline, assets shrinking, net worth falling |
| 2019-03 | 3 | delinquency 2x band | losing money |
| 2019-06 | 3 | net worth falling | delinquency 2x band |
| 2019-09 | 3 | delinquency 2x band | net worth falling |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 8 | losing money, margin squeeze, delinquency rising, charge-offs p90, loan book shrinking |  |
| 2020-09 | 8 | net worth falling | delinquency rising |
| 2020-12 | 6 |  | members leaving, charge-offs p90 |
| 2021-03 | 6 | members leaving | delinquency 2x band |
| 2021-06 | 6 |  |  |

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

- 2021-09-02 [Fairmont Village Credit Union Merges with GCS Credit Union - RiverBender.com](https://news.google.com/rss/articles/CBMirgFBVV95cUxPcll5SE5KNC1BaS1VUkJUeC1maE1ic29TUGNuQzlCREU3TlViOGlxTmdoSnRyZjlIZ1B4LXNuZkNaZXNsV2dNcnhYbnF4Vy1fM2w0SldOS1ByOXZHNzRqVzRWakRWdWFxdkRzT1VRZl93aFlncTluVm9oamFoQkpfbU9hWVhpeWw5S0g0ZVBIRUFFaTYzVFUwcTU0dVNELU5ObEU4WDdPMzZDSXZpM2c?oc=5) · RiverBender.com
- 2017-09-19 [David Masterson Obituary (1964 - 2017) - Millstadt, IL - Belleville News-Democrat - Legacy obituary](https://news.google.com/rss/articles/CBMikwFBVV95cUxOaUdzN2RzdTNxU212SE9jYXZ6VUJlMmVXMEdWc3Zvb0Nycl9QY2kxdWo5Z1h3SjZiMEViZVd4N2pXc0NWZm1NQXVoZTRXZVlDd0lodkdwemxHZW44ZlMzYUh0RnZfQ0FxS3JtSGkybmF1MFVibEVmcnFxdkUyaHhDaDNmUWtrM2ZvellDb3RXbGdSRGc?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64460 (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/12.json (key "64460", 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=64460
- 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