# WALLED LAKE SCHOOLS
Wolverine Lake, MI · NCUA charter 6613 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/walled-lake-schools-6613

Who the members are: federal charter, multiple common bond, organized 1950. 5,048 members of 17,000 potential (29.7% of the field); checking penetration 71% (share draft accounts per 100 members); loans per 100 members 45.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $137.5M |
| Members | 5,048 (-1.9% YoY) |
| Full-time staff | 12 |
| Net worth | $19.6M |
| Net worth ratio | 14.3% (p78 of band) |
| ROA (annualized) | 0.95% (p65 of band) |
| Total delinquency | 1.09% (p76 of band) |
| Net charge-offs (annualized) | 0.34% (p51 of band) |
| Loans / shares | 26% (p2 of band) |
| Cash / assets | 9.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.46% (p37 of band) |
| Operating expense / assets | 2.80% (p21 of band) |
| Vehicles % of loans | 24% (p27 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 43% (p53 of band) |
| Vehicle delinquency | 0.00% (p3 of band) |
| Vehicle NCO | 0.00% (p8 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 41% |
| Credit cards % of loans | 7% |
| Unsecured % of loans | 26% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 83% |
| Certificates % of member funds | 14% |
| Average share balance | $11,472 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 45% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $13,190 |
| Loans granted, annualized | $8.5M |

## Flags firing in the latest filing

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

## Warning timeline

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

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

- 2025-04-10 [America’s Best Regional Banks and Credit Unions 2025 - Newsweek Rankings](https://news.google.com/rss/articles/CBMijwFBVV95cUxQTmlpWENXaXkzbXJ1U0VzOTBDOTNWVnlhX01aMDZWakRoZE5pbFcySWNvX2xqa0daSUhCb0JkUC1hd0lyRTVaUzlRb3BYU2l4WE9Ucnl3dmw1ekN6dUlKbVdvWGRtbTZUREdtRXZVVEhyYlVxR0Y3RldVaG8xaVRzMGdDQXBsUUowTXdrSEc2RQ?oc=5) · Newsweek Rankings
- 2021-12-27 [Helping hands: Walled Lake Northern High School students deliver 5,000 gifts to Dye Elementary in Flint - The Oakland Press](https://news.google.com/rss/articles/CBMi3gFBVV95cUxOOEF4ZnJ6UTFqQkw3Q0ZVbDJxTGFQdjhzRkVDSGdXMUhvNG1xaUdJck1GcDBaZklRYVhSUDEyS3pSS3ZtZkNDay1FZnNRVTh3Wm0ySkJyVy1yVUxOUjBGVkhYVnIxZ3QweHJCRWk3YS1GV094akFzVEpiZXVKRnhOM1dET3laY3FYNmJObnRfWkxRUmViQnpwTWxlZ3FVTGpPeWhwbU9MZmVhWDdyY2JJQTgzMVZfMlNIWk9QZzRzY3pUN2N2aHM3NXhPaGM4czBfUGt4OUVTclpYakdTUXc?oc=5) · The Oakland Press
- 2025-10-07 [Regional Banks, CUs: 3 Proven Strategies to Drive Growth - Resourceful Finance Pro](https://news.google.com/rss/articles/CBMifEFVX3lxTFAxR0V1c1lIRy1GXzQtSGNTNk9EM3N6NjM2M3FzT0p2b2hTUDc2aEw2NVR2Z0lUaDBUYXRTckJsanRGWXdsenQ1SnU3SEw3bldSSWhEcmNqLWdMMVNIM3R1Sks5a2FoZy0xTkpoUkVOaVJISDFDd01PR3IzM3I?oc=5) · Resourceful Finance Pro
- 2015-05-12 [School Briefs: Northville teen heading to Germany - Observer and Eccentric Newspapers](https://news.google.com/rss/articles/CBMiqAFBVV95cUxObVV6Ny1DNXZlUnFwa3lONDdtcV9zUEhvQU5IR2JLMkpuMGh1V1hHMUpEcVZwNld0dlVUNXlWTkxMekYzQnh6ZUVRTlJyM3lFSy1ER2h3bl9ETm9nS0I3ako0MDNhSXdwS3o1cWJmZkdtaDdyQTRHZWdiTmI0clM2ZEo5UnVSMHNxRUFGdTFHR1R6OXQ5UVJTdnN2SGt1RTQ0MnZMcmhxLUk?oc=5) · Observer and Eccentric Newspapers
- 2021-10-27 [William Doggett Obituary (1926 - 2017) - Pontiac, MI - The Oakland Press - legacy.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxPZWVFYXQyeG1VSmZTdEhLb1FKZHE1azBXX2dBVDNVUFpLZHJsUkFJQW9tTFhvNWp1SUtuOWpoZjFNcE1ITmc1dG5YV2FmeVVEem1xdEQwOG5zUjRvSDdJMmNQM0N1VzJKVnhlNFZSSTlaTkJxblZEX2xnVlh0QXpjS3Y1dzlDWE9kZ2I5WVU3aUVoSWpLNmFwTnJn?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6613 (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/21.json (key "6613", 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=6613
- 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