# PLAINFIELD
New Brunswick, NJ · NCUA charter 66188 · asset band <$50M · latest filing 2024-03 · stopped filing after 2024-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/plainfield-66188

Who the members are: state charter, organized 1931. 112 members of 225 potential (49.8% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 32.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $707,365 |
| Members | 112 (-30.0% YoY) |
| Full-time staff | 0 |
| Net worth | $242,083 |
| Net worth ratio | 34.2% (p96 of band) |
| ROA (annualized) | -1.83% (p5 of band) |
| Total delinquency | 31.41% (p100 of band) |
| Net charge-offs (annualized) | 0.00% (p36 of band) |
| Loans / shares | 18% (p5 of band) |
| Cash / assets | 4.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.22% (p69 of band) |
| Operating expense / assets | 6.06% (p92 of band) |
| Vehicles % of loans | 0% (p3 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | – |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | – |
| Vehicle NCO | – |
| Repossessed % of vehicle book | – |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 100% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $3,862 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 32% |
| Loans granted per 100 members, annualized | 0% |
| Average loan balance | $2,238 |
| Loans granted, annualized | $0 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | charge-offs p90 |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 | assets shrinking | charge-offs p90 |
| 2017-06 | 1 |  | assets shrinking |
| 2017-09 | 2 | delinquency rising |  |
| 2017-12 | 1 |  | delinquency rising |
| 2018-03 | 3 | losing money, assets shrinking |  |
| 2018-06 | 6 | net worth falling, delinquency rising, charge-offs p90, members leaving | losing money |
| 2018-09 | 5 |  | delinquency rising |
| 2018-12 | 3 |  | assets shrinking, net worth falling |
| 2019-03 | 3 | losing money | charge-offs p90 |
| 2019-06 | 3 | assets shrinking | losing money |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 | charge-offs p90, loan book shrinking | delinquency 2x band, members leaving |
| 2020-03 | 4 | net worth falling, losing money, delinquency 2x band, members leaving | assets shrinking, charge-offs p90, loan book shrinking |
| 2020-06 | 3 | loan book shrinking | losing money, members leaving |
| 2020-09 | 3 |  |  |
| 2020-12 | 4 | delinquency rising, members leaving | net worth falling |
| 2021-03 | 5 | losing money, margin squeeze | delinquency rising |
| 2021-06 | 3 | charge-offs p90 | loan book shrinking, losing money, margin squeeze |
| 2021-09 | 3 |  |  |
| 2021-12 | 2 |  | members leaving |
| 2022-03 | 2 | net worth falling, loan book shrinking | delinquency 2x band, charge-offs p90 |
| 2022-06 | 5 | losing money, margin squeeze, members leaving |  |
| 2022-09 | 2 | delinquency 2x band, charge-offs p90 | net worth falling, loan book shrinking, losing money, margin squeeze, members leaving |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 | net worth falling | delinquency 2x band, charge-offs p90 |
| 2023-06 | 4 | delinquency 2x band, delinquency rising, assets shrinking, members leaving | net worth falling |
| 2023-09 | 6 | losing money, loan book shrinking |  |
| 2023-12 | 6 |  |  |
| 2024-03 | 7 | expense trap |  |

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

- 2026-09-06 [UC TEAMS Expands College Access With Five Advanced Placement Courses - TAPinto](https://news.google.com/rss/articles/CBMi-AFBVV95cUxQQnpJZ1ZxVm1LX3BYRVdqRFRKN2RLbFVsNTNBNEFhTkJGaWFMem5GOG9NM2tfWVdtelp1aUVmOVc1VTg3c0VPeV9ud24xczVXd1ktam5rN2hnQTFHRUdvZ3otX3hKbERLT1FDei1xUFRsRGgtUHpHNTI2dDBwSTdvMG12dS1zU2U1QndrdGVmSUFYM0puMjJxVWRMOC11Wm1lZmh5SXlNclNXZjJKVS1kbFdiVFFmbktpTjBXMFRrdVcyd0t4emdlOGhvd2JzUlBadHpadnJKVmJINkY5emRMSzduMEJZbWxoR1JKMmtGbkRsYjdXbXFKbA?oc=5) · TAPinto
- 2026-04-10 [Union County Teacher Assistant Pockets $90K In Salary Years After Resigning: Prosecutor - Patch](https://news.google.com/rss/articles/CBMirAFBVV95cUxPUk85VUJsSEl5T0ZpSEI0elVrQ1RxM284RHRFNENsYW9wUS1MWjhHT2lMZTV0OFNwZnF3ZFNRSXI2R2dveG5ZUjJPRVVBc21NVDBpNWtpWXdFaVVmcGZqZU1xQi15R1JhbXMzeXQ4UGMzRDZiR1pxOGllNWhBWmZkV05nNmJMaTkzUTh0elpWaWxxdXMxTWVUWDlwMG43WTlsUVlEMERoS2xYZS1z?oc=5) · Patch
- 2026-08-28 [Snow Days Reimagined: UC TEAMS Students Take on Skiing and Snowboarding - TAPinto](https://news.google.com/rss/articles/CBMivAFBVV95cUxOZWhqbDU0ekpDS3BQMkNZR0hZRE1kenRWYVE5eWZRRm96ZWV5TDRQWnBuaEx4WTZpVHhPUVVjZk5aTV9iZkJ5YW1jS0lFU0tKaGQwb1FaZVFESF8xVWRGOXdkTXI5RXJ5aTVkaUN5MHIwRW9Cck5pUWEwT1BmaUtzb3FPcnFFdDd6Nkt4ZU1xQmppTVNBZ2JvVU9pRmhUczg5NzJObzd5MEYtREk2VXh2T1FYNjRWYTJlUnBTMw?oc=5) · TAPinto
- 2024-09-25 [Union County to Host Job Fair at the Plainfield Performing Arts Center - County of Union, New Jersey](https://news.google.com/rss/articles/CBMixAFBVV95cUxPYS1xU2ZYV2kxTzg2dEJQS20zLTF3UDcyenE3ZU51cm9Wb2w4OExSVGVMalBDc2Z1aTAydm1kMG8xWXBIYi1kUjBvTTJTb2JOVmxxeHZOU3JoN0FYU0loUGtITnBINEMxelhIajBoaE5tQlZYdFNVTW15a1RlUnZGT0NKazc1WjFzWHdHb01SeUk2U0NJNEZBalZYMEJkQXNzNUthR3BzVHlwcHBFSVJzd1QxejlRNy1tQVFvaGs0VWZFN1Bi?oc=5) · County of Union, New Jersey
- 2026-08-30 [Union Catholic Girls Tennis Team Wins First Match of Season - TAPinto](https://news.google.com/rss/articles/CBMi2wFBVV95cUxOTTBhT3RIZFc3XzJIdFAtaDF3cjdrZUYzay12MDBNSTZCV3d0c0VpWW16bkdJXzFlVVRwdkZxUVVtSDFVclNNSXpIU2Y1Ym1qMWZSeGg4NzZ5Mk1mMlY5Vjh2bUtoUU9GbzBnWWtObkxWZkVRblBqT2RVS2pfN24wWjZLQXphM1o4LTRvd04xaWpGNGhBZVJOaF9QOXZoa2tKR3hPcU5DVC1Fb0tTNWFReXdjaDZJalRSLXhLT0FFRVBsYXY3bUZfOU5MdHFYU0pWNVoyMTMxZUlhTk0?oc=5) · TAPinto
- 2018-11-20 [Jets, STOMP Out Bullying and Municipal Credit Union Name Aaron P. of Somerset Intermediate School Upstander of the Week - New York Jets](https://news.google.com/rss/articles/CBMiswFBVV95cUxQVF9kZTFLYW12TjA3TWlzNGVNX2dvWklmVmhRdkFiLVVDNVItUUxGQ2ZHYXdmMUlkY2NqcEJ6MkZZRERTaGM4S0xYQzFaTTVXcVpYQTRTT2xaNU9EYW1nUFZiQXBsb3MtSzNxaDg4RzVtdmVsWlJyb2MyemtLSmxBc3VFcVpTX3F1VVJFSW1qYmExdFk0RXZVc0VZMHZjb3RjMUZCSWk0Rm90Z2daR1B6ZVR5dw?oc=5) · New York Jets
- 2023-07-19 [John Flynn Obituary (1937 - 2023) - Plainfield, PA - Lehighvalleylive.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxPNUp2NHJUVHlzcVc4SHBheW1vbU9MRzZkWjRwX1RHNjQ4TW1XQjBxTjVjZ3pIa3BXTUdNVURiNnptSXExYk9Xam1Qd0RhWVhyeVVEZTA1VGR5Vk5nOXBMejhZSkVqZHlod1haeDByWVRyVlh1Y1lZdUpOQnloZTMxM1VlbndQQVRubzF0cGd3SGU4bE5B?oc=5) · Lehighvalleylive.com
- 2025-08-12 [William Donald Pearson Obituary (2025) - Plainfield, NJ - Brown's Funeral Home - Plainfield - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxPa0FFaE9VcnhvNlppUzFBU1ZTSmpDcEFxRW1ETVR6YmljRDBWamxWS0hmWnVkTTRBRUE0WW1DQVdSUTFTbUR0MWJtTkhabkpfRUN4dFU0NUluQlU1OEZoNHdTZ2FvdWVOcnlfRmxZUWp6a1NSaEk5ekVxQjVLMkdRQm5zRzk?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66188 (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 "66188", 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=66188
- 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