# RACINE MUNICIPAL EMPLOYEES Racine, WI · NCUA charter 66622 · asset band <$50M · latest filing 2026-03 · live Share link (named URL with a preview card): https://getbookiq.com/cu/racine-municipal-employees-66622 Who the members are: state charter, organized 1953, low-income designated. 1,894 members of 5,000 potential (37.9% of the field); checking penetration 54% (share draft accounts per 100 members); loans per 100 members 60. **Verdict on the desk:** this could be *ordinary*. 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 | $25.8M | | Members | 1,894 (0.3% YoY) | | Full-time staff | 4 | | Net worth | $3.2M | | Net worth ratio | 12.5% (p35 of band) | | ROA (annualized) | 0.91% (p66 of band) | | Total delinquency | 0.90% (p60 of band) | | Net charge-offs (annualized) | 0.60% (p78 of band) | | Loans / shares | 70% (p67 of band) | | Cash / assets | 36.7% | | Borrowings / assets | 0.00% | | Net interest margin | 3.63% (p40 of band) | | Operating expense / assets | 3.11% (p35 of band) | | Vehicles % of loans | 53% (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 | 1.05% (p66 of band) | | Vehicle NCO | 1.14% (p88 of band) | | Repossessed % of vehicle book | 0.08% (p92 of band) | | Real estate % of loans | 40% | | Credit cards % of loans | 2% | | Unsecured % of loans | 4% | | Commercial % of net worth | 0% | | Core shares % of member funds | 76% | | Certificates % of member funds | 19% | | Average share balance | $6,164 | | Participations bought / yr | $0 | | Participations sold / yr | $0 | | Participations outstanding | – | | Loans outstanding per 100 members | 60% | | Loans granted per 100 members, annualized | 12% | | Average loan balance | $13,589 | | Loans granted, annualized | $5.2M | ## Flags firing in the latest filing - **delinquency rising** (`aq_dq_rising`) ## Warning timeline | Quarter | Score | Flags that first fired | Flags that cleared | |---|---|---|---| | 2016-03 | 1 | losing money | | | 2016-06 | 1 | | | | 2016-09 | 1 | | | | 2016-12 | 0 | | losing money | | 2017-03 | 3 | losing money, assets shrinking, members leaving | | | 2017-06 | 2 | | losing money | | 2017-09 | 1 | | members leaving | | 2017-12 | 0 | | assets shrinking | | 2018-03 | 0 | | | | 2018-06 | 1 | delinquency rising | | | 2018-09 | 0 | | delinquency rising | | 2018-12 | 1 | delinquency rising | | | 2019-03 | 2 | net worth falling | | | 2019-06 | 1 | | delinquency rising | | 2019-09 | 1 | delinquency rising | net worth falling | | 2019-12 | 0 | | delinquency rising | | 2020-03 | 0 | | | | 2020-06 | 1 | net worth falling | | | 2020-09 | 1 | | | | 2020-12 | 0 | | net worth falling | | 2021-03 | 1 | margin squeeze | | | 2021-06 | 0 | | margin squeeze | | 2021-09 | 0 | | | | 2021-12 | 0 | | | | 2022-03 | 0 | | | | 2022-06 | 1 | net worth falling | | | 2022-09 | 0 | | net worth falling | | 2022-12 | 1 | delinquency rising | | | 2023-03 | 1 | | | | 2023-06 | 2 | assets shrinking | | | 2023-09 | 1 | | assets shrinking | | 2023-12 | 0 | | delinquency rising | | 2024-03 | 0 | | | | 2024-06 | 2 | delinquency 2x band, delinquency rising | | | 2024-09 | 0 | | delinquency 2x band, delinquency rising | | 2024-12 | 0 | | | | 2025-03 | 0 | | | | 2025-06 | 0 | | | | 2025-09 | 0 | | | | 2025-12 | 1 | delinquency rising | | | 2026-03 | 1 | | | ## In the news (Google News, unfiltered, newest first; check the city) - 2026-09-03 [Sherwood "Sherry" Thomas Schwarm Obituary Mar 1, 2026 - Draeger-Langendorf Funeral Home & Crematory - draeger-langendorf.com](https://news.google.com/rss/articles/CBMieEFVX3lxTE12aE9BakhLVU55aDI0QWluOXcxTmxicjdoeWQ3V2UyUXl5bFdLZXhWR3pMc2QwcURIUTFTWTlpSTNLNzNyZTJFdTdQcTJSVk5jWUpMSHdKUUZyT1otS09pTE90QkF6VEdDOHdvVUNKVnNVSFE2RXdKZQ?oc=5) · draeger-langendorf.com - 2020-11-08 [Richard G.Holden Obituary & Funeral | Racine, WI - Maresh-Meredith & Acklam Funeral Home](https://news.google.com/rss/articles/CBMidEFVX3lxTFBGVm5iTnRZTWxuVUtHbk42WG1Ka1hvdlBZQnF4ckNfNFVnbExXaERqaGhHVkpKSVpWTEhvWFV2N2F0dkt1LWJWTDQ0M01YTlRPb1BjeTFBd3VMa2ppakRWRThiZll5RjJyOXBYb0oxZ0dndDhE?oc=5) · Maresh-Meredith & Acklam Funeral Home - 2026-03-31 [Sherwood Thomas Schwarm, 95, of Summerfield – Obituary - Racine County Eye](https://news.google.com/rss/articles/CBMifkFVX3lxTE1Fb1hDSlR5UmNjTWRGcUVqY3BmcVVUVGdsbUwxM3AyUGxoZnQzd1VNZXpNblZnTlRnZnY0UkNUQzlSVTRhME82ek1kWVhDckVSMDVHRmNjMFQ0M2tXWTI1WTBqWDVPV3hQOU1aODM5NzFZNzNxa2piRVgycGxnQQ?oc=5) · Racine County Eye - 2024-02-29 [Google Wallet now supports 40 more banks - can you finally pay by phone? - zdnet.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxNdElTT1pXSzdNcE5QV3Z2ZUNXVjJyQmk1LXlzNE5UN3ZmYjU1d3RXYTBFVlpSbGJSc1hOV2UxbXFacDVHSlJHUk90WDJZcDBWM1lBV2xzWjU4YldCNmdKSTJlZHlmM1NqTDlHXzZVRzhfX0NkZTh1eTEtMWkxZ0RiY18ybXBTNVJWUWdiSmlXRVU2Z2N2NXIzbU5EZjE5Mm5uNnc?oc=5) · zdnet.com - 2026-09-03 [Mary Jane - draeger-langendorf.com](https://news.google.com/rss/articles/CBMiakFVX3lxTE9MeHo1Z2tvanR5aEFydTFTOGpNOWtOVThfQ1N1ZHE5NWUwQ3paSEtmZDVJdWFUQ1psWndtSkNVdGhSNzROclFhaTZoM3Fac2RpOWo3QkhFMnR5azlIVXROc2ZIS0pPYUt4Mnc?oc=5) · draeger-langendorf.com - 2024-02-28 [Google Wallet grows with 42 new supported banks in the US - androidpolice.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxQdTExb0swWkFSZ0xMRGU1OElrTVI2TFRrT1RUaFFkMTJtR0pIM0VmVGJXQ2hYbVZ5dEFwTjhZLU1Jbk9nT21iYmZmWVZFdWtMQTdGcXBOQVl6b3R6SWVmTDBaWGlWWVRCZXN4bmpOeVZ2cS01bTRYeFF6Yi14Tm40MDVCRkR3WXNLUnBKbXY1MzVpeWc?oc=5) · androidpolice.com - 2024-02-29 [Google Wallet gains support for 42 more banks ahead of planned Google Pay app shutdown - Android Central](https://news.google.com/rss/articles/CBMikAFBVV95cUxOOE5QeGtRbEI0Z09yRXY2Z2EzOFhBbUdJa0Uxb2tEWmt2QkYyampBWHl4MkN0XzBSRFpVYjhaQlVmcWJPelZWUzlSdXQ1VDc1NWg1V3ZJdGNFMWJJaGlfR0hTY3RaaTF1eDZEdDdLX2Jka3BLZmJTQW5qN0ltSFJmbXp1MTR5YnZpRDJicldHNWU?oc=5) · Android Central ## How to verify - Page: https://getbookiq.com/cu-intel/#cu=66622 (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/62.json (key "66622", 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=66622 - 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. --- Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide