# BILLERICA MUNICIPAL EMPLOYEES
BILLERICA, MA · NCUA charter 66336 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/billerica-municipal-employees-66336

Who the members are: state charter, organized 1971. 1,258 members of 2,000 potential (62.9% of the field); checking penetration 14% (share draft accounts per 100 members); loans per 100 members 26.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $23.8M |
| Members | 1,258 (0.6% YoY) |
| Full-time staff | 2 |
| Net worth | $4.1M |
| Net worth ratio | 17.3% (p64 of band) |
| ROA (annualized) | 0.82% (p62 of band) |
| Total delinquency | 0.07% (p23 of band) |
| Net charge-offs (annualized) | 0.00% (p37 of band) |
| Loans / shares | 33% (p16 of band) |
| Cash / assets | 71.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.20% (p6 of band) |
| Operating expense / assets | 1.40% (p4 of band) |
| Vehicles % of loans | 52% (p38 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p16 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 36% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 67% |
| Certificates % of member funds | 32% |
| Average share balance | $10,660 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 26% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $19,483 |
| Loans granted, annualized | $1.0M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 0 |  | losing money |
| 2016-12 | 0 |  |  |
| 2017-03 | 2 | losing money, delinquency rising |  |
| 2017-06 | 2 | net worth falling | delinquency rising |
| 2017-09 | 1 |  | net worth falling |
| 2017-12 | 0 |  | losing money |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | net worth falling |  |
| 2018-09 | 1 | delinquency rising | net worth falling |
| 2018-12 | 0 |  | delinquency rising |
| 2019-03 | 1 | delinquency rising |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | assets shrinking |  |
| 2019-12 | 1 |  | assets shrinking |
| 2020-03 | 1 | net worth falling | delinquency rising |
| 2020-06 | 3 | delinquency 2x band, delinquency rising |  |
| 2020-09 | 3 | margin squeeze | delinquency 2x band |
| 2020-12 | 2 |  | margin squeeze |
| 2021-03 | 3 | losing money, margin squeeze | delinquency rising |
| 2021-06 | 3 |  |  |
| 2021-09 | 0 |  | net worth falling, losing money, margin squeeze |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | net worth falling |  |
| 2022-06 | 2 | delinquency rising |  |
| 2022-09 | 0 |  | net worth falling, delinquency rising |
| 2022-12 | 0 |  |  |
| 2023-03 | 1 | assets shrinking |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 0 |  | assets shrinking |
| 2024-06 | 1 | net worth falling |  |
| 2024-09 | 1 | delinquency rising | net worth falling |
| 2024-12 | 1 | margin squeeze | delinquency rising |
| 2025-03 | 3 | net worth falling, delinquency rising |  |
| 2025-06 | 4 | 3rd-party paper>100% NW |  |
| 2025-09 | 1 |  | margin squeeze, net worth falling, 3rd-party paper>100% NW |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | loan book shrinking |  |

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

- 2021-11-17 [Massachusetts firefighter dies of occupational cancer at age 39 - WCVB](https://news.google.com/rss/articles/CBMiogFBVV95cUxPNHpBSmY5VW42S2hPRnRMMmQ1cm5FMnZ1WmRNS01CMDBmaFIycnpPUC10QW5IaDZHM2hMTUpZcWtjMVMweWV1OUppamFkZEgyWXNCejdFQ1JWbFZRWURiOEw3OGJSSEFFc3ZDSjRETHdDS3VKZVlqYkRTUjB0enpHMmJTYXM1T2IwaFZOazMyV2xJMHI0SVEwSmhBNjN5RWFFbVE?oc=5) · WCVB
- 2025-05-03 [Paul W. Matthews Obituary (2025) - Billerica, MA - Sweeney Memorial Funeral Home - Legacy obituary](https://news.google.com/rss/articles/CBMiggFBVV95cUxPY0NkMGc2OGNGZ0poa0VpZXdhV1F1UHc5X01HX192cTMxS0V5M0FzdnZhc2hzNDZMNlJfRTFPOEhva1o4ZU9ONm1CQ3V4NEhTTXNaSlFIREZwRy1sM1FGbXlScUZTS1pIWFFUdDE1cXhfR2ZKblZYMldMME9IU2FSckRR?oc=5) · Legacy obituary
- 2011-02-26 [Consolation was Laurendeau’s business - Lowell Sun](https://news.google.com/rss/articles/CBMiT0FVX3lxTFBQWjlMY3lnVWd1LWdydW1XZFcyRzFUMGdJcTVrRnRramdFUzY4OG42Q0VmaktwNmlHS2ZoTEE2ckNMX3VBNEdJLUd3ek5wNVE?oc=5) · Lowell Sun
- 2021-11-17 [Billerica firefighter Patrick Corbett leaves a legacy in his hometown - Wicked Local](https://news.google.com/rss/articles/CBMi5AFBVV95cUxPajN3SE5acTQtdllhaDh4WGE5WTFhd3c1dkYwa2ZkMWg5TE9JVmpXVGhDUUpaWEV3R0NqMUhDVF9RaEpQTFRNMm4xRFJCSjcxVllEanNJM3VTdmhRWkdBM05aZDcxdXBITVdXb1JueFZZeWlSUnlpR3BDZVhxQ3Z4cFlzRzdwZTJsWUJqQVVFLVUzSmQ3R2M3VGx3UDZldG9MYzlwLWo1Z201REZZZUs1bTdsTzBfZGJUYTg0QTl6ckJIdUFKUzM0QThncExLX3EwVUVPT2lnaGtSYkdoV2J2V0lNbXE?oc=5) · Wicked Local
- 2026-05-26 [Ralph J. McKenna Obituary | Burns Funeral Home | Billerica, MA - Tribute Archive](https://news.google.com/rss/articles/CBMidkFVX3lxTE8tZzJNckNCa1FiVWIxdmljS3lBbWd3QlJ3UDlnMk4yWFJoZVVlYzlnVnpfeUlxbmxZdmFrN1RXRVh3Z1VKVzlQOWtyOXRpQXNCZHp5Tm5WM0QxRjdEcDRLRkhRRnJnalVZSHJPdHZDdnRDVDM1TUE?oc=5) · Tribute Archive
- 2021-11-17 [PATRICK CORBETT Obituary (1982 - 2021) - Billerica, MA - Boston Globe - Legacy obituary](https://news.google.com/rss/articles/CBMilAFBVV95cUxNVm1rbDBhT05IUzJTOFdjV2xmYzVvamFhM3RnRGItX2toRUQ3eERkT0hVQ3gyUzZMOWJiNFVUUG1YQzNXYmpiRTl5d1lyQXVWV2ROemNPTWxadmFjZEVSeWI0X0ZFSzhGTzk3MllWSFl2YVB6eE5PMXk5eTZlMDNudHZDX3FWaXo5UEZLZ1lqN2h4MGVR?oc=5) · Legacy obituary
- 2021-11-21 [Funeral service honors Billerica firefighter, Marine who died after battle with occupational cancer - Lowell Sun](https://news.google.com/rss/articles/CBMi0gFBVV95cUxPT0tnczc3dGI3WGktRXBnVkNJbWZWazhadEQzZFplZEtsRVkwSjAxWnlTN005MHMtR1E2LVNCaHZQbjlPU0ZmakhEY3dhcEZVUHFxZ3diejk5MUhuWkQ0U0RnM1l3SGlrQnQzNFhhdzA1b0J3Qm5VY1k4QTgwblQxb2x4M2UwdlV0eExVb1RINTlrWkgxTzM2eVVSSHlraVZKaFRVaG9YVDZjRlI5TzdoM01ZMU5yYkNCb3JPR1VGem5UM3pkbGt1ZXROcVF3R3VZZGc?oc=5) · Lowell Sun

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66336 (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/32.json (key "66336", 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=66336
- 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