# FOCUS
Menomonee Falls, WI · NCUA charter 66451 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/focus-66451

Who the members are: state charter, organized 1964, low-income designated. 6,438 members of 500,000 potential (1.3% of the field); checking penetration 39% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *auto monoline*. 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 | $61.3M |
| Members | 6,438 (-2.8% YoY) |
| Full-time staff | 11 |
| Net worth | $8.4M |
| Net worth ratio | 13.8% (p60 of band) |
| ROA (annualized) | 1.32% (p80 of band) |
| Total delinquency | 0.30% (p29 of band) |
| Net charge-offs (annualized) | 0.36% (p61 of band) |
| Loans / shares | 87% (p93 of band) |
| Cash / assets | 16.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.77% (p93 of band) |
| Operating expense / assets | 4.24% (p73 of band) |
| Vehicles % of loans | 76% (p95 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 57% |
| Third-party paper % of net worth | 233% (p95 of band) |
| Vehicle delinquency | 0.18% (p22 of band) |
| Vehicle NCO | 0.15% (p46 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 15% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 74% |
| Certificates % of member funds | 13% |
| Average share balance | $4,204 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $2.5M |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $11,423 |
| Loans granted, annualized | $15.6M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $2.5M outstanding purchased (29.7% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -0.5% year over year.

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 5 | thin capital, capital below 7%, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 |  | capital below 7% |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 6 | capital below 7%, net worth falling |  |
| 2017-06 | 3 |  | capital below 7%, net worth falling |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 4 | delinquency rising |  |
| 2018-12 | 4 | losing money | delinquency rising |
| 2019-03 | 5 | delinquency rising, assets shrinking | losing money |
| 2019-06 | 4 |  | delinquency rising |
| 2019-09 | 3 |  | assets shrinking |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 4 | net worth falling |  |
| 2020-09 | 3 |  | net worth falling |
| 2020-12 | 4 | margin squeeze |  |
| 2021-03 | 4 |  |  |
| 2021-06 | 4 | members leaving | margin squeeze |
| 2021-09 | 4 | margin squeeze | members leaving |
| 2021-12 | 4 | members leaving | margin squeeze |
| 2022-03 | 3 |  | members leaving |
| 2022-06 | 3 |  |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 |  |  |
| 2023-06 | 3 | delinquency rising | thin capital |
| 2023-09 | 3 |  |  |
| 2023-12 | 3 | assets shrinking | delinquency rising |
| 2024-03 | 2 |  | assets shrinking |
| 2024-06 | 3 | assets shrinking |  |
| 2024-09 | 2 |  | assets shrinking |
| 2024-12 | 3 | delinquency rising |  |
| 2025-03 | 3 |  |  |
| 2025-06 | 3 |  |  |
| 2025-09 | 3 |  |  |
| 2025-12 | 2 |  | delinquency rising |
| 2026-03 | 2 |  |  |

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

- 2026-01-22 [Family First Credit Union acquires Focus First Credit Union - Rochester Business Journal](https://news.google.com/rss/articles/CBMikAFBVV95cUxNVWJDY1UyaVZxRUpuMmhSdmNxblRUdjlCMXB6WHRYQ2dfNUU5bE1zT0E0YXFWLVhYZnBUZnhNelpUN0lMMzF6SU41Ym9ZOV80WTR3Y0d3Q2xwMU00WV9SZEZFQ09TTTFOMC1SQjRXbEJaV0Z3eWdIcjBFaFdvODlnNS05eU10Nm5HWm96Z0U1Q2k?oc=5) · Rochester Business Journal
- 2026-01-26 [Community Capital: How Credit Unions and Universities Partner to Strengthen Wisconsin - Universities of Wisconsin](https://news.google.com/rss/articles/CBMizwFBVV95cUxNTHV1UmxibmNYUU4yU1lTTDNGSXMyNDVfZGY5NjRtcjFXUjdqek5yWWkxdFV5RHhBbS1QYnMzVndCcW5xRExjWlZnUVQ5UlhXSldYMzhkTVcxNHg1d3FtQ1lVejJaV3FjVVJaalBfS1VxejgwWDUzdmNtN2ZSSnRmcmpoQ05UM20zUHpEQlprNG5pTXRYSmtxbVBORENXLTlFMk90UmZuenFrbzEyS1lCT0hOUjQyQ1dzQ2RyYVlSSWZrakxtWVc1OHB2Y2RKYVE?oc=5) · Universities of Wisconsin
- 2026-04-06 [APG Federal Credit Union to open first Baltimore location - Maryland Daily Record](https://news.google.com/rss/articles/CBMimAFBVV95cUxPMjBOLTlESWpZS05nX3diLUJJVDkzeWlwbkNXQllCeXBoZ2wwbmcxdGtvSlBWUHVXOWJlR1VZbnBIOGx4bVI1cnhMMjhFRkczeXFyWEJ6elpEMFJUaDZhSjlQT3J2dk8yd1BVQ05jRmIySUxKSkhGenFfQnJHdUhJVWxFMFFET1cyWkh4cjkwM09hWFhTSDVmSw?oc=5) · Maryland Daily Record
- 2026-03-10 [Milwaukee area credit union to acquire Appleton-based business bank - The Post-Crescent](https://news.google.com/rss/articles/CBMi1wFBVV95cUxQUUdiTEk1SlhxOFEzSUdxUVZ1NmZxYTZCbFlWcVFVdVJ4SGxiMElvSFltU3BNQldCTUZIX3ZhLW8zNmx0M1ZjNjFUWDdCWENPZmlIZHhoRkJnYnh4cG5od1NWaUNtOUtEaXVhWFktUFBjVlMxUDltQTJEY2x5a01PZWEyRFd1aEx2ek9tbTY4Yl9RWVhjeXRhM3BxYkdrWFU5Vy1UZzZFeGFFZEhVRjFNaFg2TlZOdE5XZjBuWWxzUTBjYjFaTlAwSTBweUJuZWVBZExiTW9EWQ?oc=5) · The Post-Crescent
- 2026-02-13 [Schreiber promoted to Chief Human Resource Officer at PCCU - Merrill Foto News](https://news.google.com/rss/articles/CBMiowFBVV95cUxQTGdnU1huMXQ0N0dTZnNkNm4zU290R3hOZTJPZzkyc2xOOG44SHkxNVZONjhvTmJCR3hNb0tZUHl2azZ5aEVlNF85cGZfd1ZKU05KMVQweUQ5VkluRDRZSm9mb1pnOFN0QmFSYmdRVXJVNG1TUklVbFlJZkxxWlpGWDIxOTM1TnZUX2VrS3E2MS1Vd1Y4enJqQUUtM1FUY3ZTYXJr?oc=5) · Merrill Foto News
- 2026-07-22 [TruStage Discloses Data Breach Potentially Affecting Millions of Credit Union Customers - Claim Depot](https://news.google.com/rss/articles/CBMiYkFVX3lxTE9WaEp4TVFGMW10dGViY0VJSXN5ZWpvU2JoRjJpMGVxdFNCSy12cnd2YndpOFZZRjhuckxvbGE5aHpZalZkUjN0SlpObWFDc3dSbWZjaGF6UlBTdFVzQXpzcW13?oc=5) · Claim Depot
- 2025-10-31 [Carol A. Allen - Long Island Business News](https://news.google.com/rss/articles/CBMiV0FVX3lxTFBZM0VVbVVHQWI3a1dKRl9ncnVEWFYwYnF4bkM4T2pCZGVTNkxoWFRYVGVLT1psdjVrRGpERUxObzRhQVNWWEU1c2thM2RFdlFYX1VyWklBZw?oc=5) · Long Island Business News
- 2026-07-13 [Motorcyclist critically injured after fleeing deputy in Wood County - onfocus.news](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQb0MzQTBjRUVaQlcyREJjNlpPRklQOUl3VlZSUVlWQkc4d0VHLVVvRG1Tc1NuZzFrWVgyeEsxQ0l4LXllc1RzczU5S1hNV2FienJCM1VBMW1ZMm0talpLc2ZjZTR1Xy1UQU5ONnRRblg1d3JNYTU2dy1vTEM5VGdTNVh2NmZXbU9NeEtUc25VRWFoeDl0Qi10NU43anJwbnRnbFZqWWhFTUdCUQ?oc=5) · onfocus.news

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66451 (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/19.json (key "66451", 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=66451
- 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