# DEXTER
CENTRAL FALLS, RI · NCUA charter 65746 · asset band $50-100M · latest filing 2016-03 · stopped filing after 2016-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/dexter-65746

Who the members are: state charter, organized 1948. 15,905 members of 20,000 potential (79.5% of the field); checking penetration 21% (share draft accounts per 100 members); loans per 100 members 19.

**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 | $95.0M |
| Members | 15,905 (– YoY) |
| Full-time staff | 26 |
| Net worth | $5.0M |
| Net worth ratio | 5.2% (p0 of band) |
| ROA (annualized) | -4.14% (p0 of band) |
| Total delinquency | 0.93% (p65 of band) |
| Net charge-offs (annualized) | 0.74% (p80 of band) |
| Loans / shares | 76% (p74 of band) |
| Cash / assets | 6.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.41% (p73 of band) |
| Operating expense / assets | 7.82% (p100 of band) |
| Vehicles % of loans | 36% (p49 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 99% |
| Third-party paper % of net worth | 490% (p98 of band) |
| Vehicle delinquency | 0.64% (p56 of band) |
| Vehicle NCO | 2.14% (p95 of band) |
| Repossessed % of vehicle book | 0.00% (p34 of band) |
| Real estate % of loans | 63% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 0% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 48% |
| Certificates % of member funds | 31% |
| Average share balance | $5,583 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 19% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $22,033 |
| Loans granted, annualized | $15.8M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 6 | thin capital, capital below 7%, losing money, expense trap, 3rd-party paper>100% NW |  |

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

- 2016-03-07 [Dexter Credit Union will be merged into Navigant Credit Union - valleybreeze.com](https://news.google.com/rss/articles/CBMivgFBVV95cUxOaFFmSDJuaEtzV0lMeXdhU2tHbGpJZG13NXp6WHZBSktBUHpBODQzUFg1VmRQWnBWckR5cjVoMWEydWJIakpZRy04SzA3X0FhRE9sUGFvQ2ZOS05CMEJCaEhDY1hFT2IzbUdCQ3NYQkNod2ZsQ3VHemlYTng1YWdkbjhfZk5YSG1YNEtZLTNVX2QteklGdUNSUkZQVUw1cHdjM2phUzZKaS1ST2lxSlJUZGd1WGVNTzdfT20zU0xB?oc=5) · valleybreeze.com
- 2020-01-28 [RIC to open new workforce development hub at former Dexter Credit Union site - Providence Business News](https://news.google.com/rss/articles/CBMimAFBVV95cUxQZVBZRUVsNWRZeVNFNjVlYzZTWTZzTzVpQWQ5eWZRZGdneUpqclhaQkx0Z0tQYlZnZHhHRUhBMnFfX241NHlGVG9IanNZMF9jcFp3WWRuYk5lWGhJS2VZTmwyZmZsZDNkdVVoSHQ2ZGc3SnBaeXF5em5sbzhQaFV1LXlENEVyUmIwN2szRmp4R3hjLXFEUW1MSNIBoAFBVV95cUxOY094SUFYdDdvMldxeTVvWF9JM05wNEVaYW0yX3BWS0hPcHN5ZmpObkxGVUlsOHpLQkhVR1dxdkM3S2ZVZ3JlY1p6NjBXbFpKMnQzTWo0NjdqWEpXSl9DeXpjYmJORGhwTVVJc0RpNXgtNEZaWEh4YkVuRW5IU1JzUmtWTzdxYVdCcHdqYlI5alpiZElod0R3ZlhINV8wS0RC?oc=5) · Providence Business News
- 2016-03-07 [Navigant, Dexter credit unions announce merger - WPRI.com](https://news.google.com/rss/articles/CBMifEFVX3lxTE0zdFIybTc1R3NaRUhHN2RhYldaeW1pdlI0MkdZY1dQTmFVdEl2dU1oUzNYNmJXSUNuc1RFeUJLQTlYMzJYcm0zaGpYbVRCd3JST0dsb1VMMDNFWlV4N3NpYUNESjAyUVRLVlViUkIzakRiVGtuaDFUQ1JNZVPSAYIBQVVfeXFMTzNsUS11VzhhZjNRTE9OVF94NzlkeTd2TnB1LWpZb1J0NmRZSGswVGVkclktcUVnSFFlbWJadDVjaWI3eXZjMElEMTR5Q1hUMWhlMzlySERKZ21HNU9LaE14U3JjbnFaZVdtZlNCME1LaDdhdkpoTVdzeW5UVG9Ed3V1QQ?oc=5) · WPRI.com
- 2016-04-10 [Savers Bank adds four to team - Worcester Telegram](https://news.google.com/rss/articles/CBMiowFBVV95cUxPM2tUX1FqSVRVZEVCVjdqd2xaQURRMWRNdWZ1MXpTbm5HS0pKRkQ1UWllUlcyb1lvZFk0d1AyVE9tbDg3STAxWVpKS2Z5NllkdjVJMDZQZzNOYXd0ejFucE9hZV9IQjAwcWY0NGFqWlh1eG1JOGtYTmZpMDNveGt3aVU4QlJFM2NGSFRfZ3dyZjJ2bHJ6YW83SHVEcmxfZmRyR0k4?oc=5) · Worcester Telegram
- 2025-06-11 [Robert F. Mcintyre Obituary June 11, 2025 - oneillfuneralhomes.com](https://news.google.com/rss/articles/CBMibkFVX3lxTFBab2JSbjdjNFIwcEJKNEI2SW1nOG00anVLTFgySnJISV82dUZ3S3cyUHNBSm9MVHJra1hoZndwdGRXdjMyaE0zNHBkNTUwUlRjYlI5MG1BdlBtcHhYVkRVQkFEWWpYYWhTTFFJeFhB?oc=5) · oneillfuneralhomes.com
- 2025-06-09 [Navigant Credit Union seals M&A with Pawtucket institution - The Business Journals](https://news.google.com/rss/articles/CBMilwFBVV95cUxQbjZBLUxkVC1UVXJGbDVrWEc5UzRIUU90bjRGZGV5ZzJoTWVvcXNBWUlJMEJ3Ml9mVHgzbzA2bVVhMUpGQ1hBb3VnN0c1aXdiejVCLTViQm9TeldTZzJ2SHBPcGZqRHFxejNsQ3FoMGtVbzlBbTNSd2x2TTRyVWEza1FpNWxkSk04Q1A0c1VlUnYwREN6Zmtz?oc=5) · The Business Journals
- 2025-08-21 [Obituary for Elizabeth A. (Cipolla) Salzillo - woodlawnri.com](https://news.google.com/rss/articles/CBMiZEFVX3lxTE1MUmxQckpqamJ4UlBTaVJFV2lkOGxoY2RlMW5IdnROOG9yUGFGQmhjbVNWWnlLZEhRRC1xVnlxcFJGenVOUjRWQjB0SGgtV2d3MHF4V3l6UG5GRm5XWkhpN2xVWUU?oc=5) · woodlawnri.com
- 2023-09-12 [Lilianne E. Blanchet Obituary - Keefe Funeral Home](https://news.google.com/rss/articles/CBMiY0FVX3lxTE5sNXlBY083TVpQR1VZaEtqa21zYWJsZWs5bUk2RGxkQmpnRksyX1hrXzZ0RFJoaG9IZzliQ1RqbHVvYmsxbDRJcHpDWkd3Ym9hTXFRU21zQmtfbEROM1BacFpySQ?oc=5) · Keefe Funeral Home

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65746 (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/18.json (key "65746", 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=65746
- 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