# CO-OP
Black River Fal, WI · NCUA charter 66983 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/co-op-66983

Who the members are: state charter, organized 1938. 23,640 members of 498,834 potential (4.7% of the field); checking penetration 72% (share draft accounts per 100 members); loans per 100 members 63.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $615.0M |
| Members | 23,640 (1.4% YoY) |
| Full-time staff | 89 |
| Net worth | $70.6M |
| Net worth ratio | 11.5% (p66 of band) |
| ROA (annualized) | 1.13% (p81 of band) |
| Total delinquency | 0.46% (p36 of band) |
| Net charge-offs (annualized) | 0.06% (p6 of band) |
| Loans / shares | 95% (p90 of band) |
| Cash / assets | 8.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.10% (p25 of band) |
| Operating expense / assets | 2.19% (p6 of band) |
| Vehicles % of loans | 12% (p15 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 30% |
| Third-party paper % of net worth | 29% (p30 of band) |
| Vehicle delinquency | 1.18% (p83 of band) |
| Vehicle NCO | 0.37% (p22 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 67% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 113% |
| Core shares % of member funds | 49% |
| Certificates % of member funds | 34% |
| Average share balance | $8,977 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $929,193 |
| Loans outstanding per 100 members | 63% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $34,598 |
| Loans granted, annualized | $141.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $929,193 outstanding purchased (1.3% of net worth), $0 sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares 8.5% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | delinquency 2x band, loans>95% of shares |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | delinquency 2x band |
| 2017-03 | 2 | delinquency 2x band |  |
| 2017-06 | 1 |  | delinquency 2x band |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | net worth falling |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 |  | net worth falling |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 0 |  | loans>95% of shares |
| 2020-06 | 2 | net worth falling, delinquency 2x band |  |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 0 |  | delinquency 2x band |
| 2021-03 | 1 | net worth falling |  |
| 2021-06 | 0 |  | net worth falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 1 | net worth falling |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 0 |  | net worth falling |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 1 | net worth falling |  |
| 2023-12 | 2 | delinquency rising |  |
| 2024-03 | 0 |  | net worth falling, delinquency rising |
| 2024-06 | 1 | delinquency rising |  |
| 2024-09 | 1 | loans>95% of shares | delinquency rising |
| 2024-12 | 0 |  | loans>95% of shares |
| 2025-03 | 1 | delinquency rising |  |
| 2025-06 | 1 | loans>95% of shares | delinquency rising |
| 2025-09 | 1 |  |  |
| 2025-12 | 2 | delinquency rising |  |
| 2026-03 | 0 |  | loans>95% of shares, delinquency rising |

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

- 2026-07-17 [Genesee Co-op FCU joins statewide small business lending initiative - Rochester Business Journal](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNdmUwWnVIc2xZTkhxakpCR0dQdS1QaEMtY2Rkd1FaRzdHTUJnX3JvcWIxb1BrOXNvUWItVThuTFpzSW14ZjNKTFc2QmNHUWUybzluOEtQSzcyWTI0RVkwZ3lVS0tiRmY3NGs2dThha200X3ZSdnlFZHJlQUd6bUJMWWpSeVY1aFpWXzhr?oc=5) · Rochester Business Journal
- 2026-07-18 [Teri Kay Mathison Obituary Jul 18, 2026 - vossfh.com](https://news.google.com/rss/articles/CBMiW0FVX3lxTE5lc2NtdGR6ZlNlc2gxWjNudXpDbEF6aFZSck9vcFljS1hRWGxfcWdFUjdLeVoxTGlSNE9BVE1IVDdONVNMX0EtTS1WR3JIdzE5MlozZHpaa0ZOQk0?oc=5) · vossfh.com
- 2025-12-08 [Suspects steal truck, burglarize ATM in early morning Galesville theft - news8000.com](https://news.google.com/rss/articles/CBMigAJBVV95cUxNbUJ5ZmROVmZqTVAybzh5NkRPLUZmd1kwNktCWE1RaktQMU5VcW81emxEM2VfSHF5d2twN1JQYnFJdUpqbFZkVFN0elVtREpmTE1aczlXbkdybnZTTlhZVnB0T1VqOXhjdV9ycTMtal84OVIxN2xUd2hCX1YzZzRTSmVFR3VaQkZkYkIwc2RTYWdfSUZlWVhhVEVNYURMVEg1NlU1bGVJZVJZa2dVTFdiUFFBMzExWnNWM1FkSkxkNFJ3aEJqSGtBa2t2aEctcFNzM0FwWnRDbWJteFNNTGJ4cjFvdTA2SXloUTdkd0l2T2QtZVhzcl9WdGIwWTRwWEJw?oc=5) · news8000.com
- 2025-12-09 [Trempealeau County Sheriff’s Office seeking information following vehicle theft, ATM burglary - WEAU](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPRDU1a3RKWGtPYVZ3a0xoZjdHU08xMks1SzBPQ083bkV5VHdvVlc0UTVjTmNjYjhrcDJnNmFvWVNsTHp2NGNFeDZ5RE5YTGJFY3F3bVFuOGpVYnU0NF9iOGQ5RHJoaFdndFJ6STgxN0VqQUU4b01sQUdXcXFtQVRvZS1zTDlQNzlRcDJIblVGVzBSMFBrUllxVzF0Ry1uRDVaVUdSVFh6LWMxcWlHMm9GazhDN0cxa0RqUXBFcGZHTS1tUQ?oc=5) · WEAU
- 2026-01-29 [Francis J. Schilling Obituary Aug 20, 2018 - Lenmark-Gomsrud-Linn Funeral & Cremation Services](https://news.google.com/rss/articles/CBMiZEFVX3lxTFBBT2UwZ3hndU9ZYl9CdGFhUTZPcVdIeVJqQktZYVJLWGd6b0hTTVM2d0lXMXZjd0l2VTJuZW95N3BQOWpsS3ZpQlBVX3dQcHphQUFaRXhCZDZXXzgwM29XeThHQXY?oc=5) · Lenmark-Gomsrud-Linn Funeral & Cremation Services
- 2025-12-08 [Information sought after suspects stole "significant amount" of money from Galesville ATM - wxow.com](https://news.google.com/rss/articles/CBMi_wFBVV95cUxNM2J1UGp4UmY3MV9sSlA4eUotdXBKcnlqOEpzWnFkMktmMXQzeXVUcXRMYjRZdnltRFZNdkU1bkZNTS1yOVdSbDNhUklOeldwb2djYXlfNldFdFNON3J6bDNLOUVEN20wdVBWbzNEWXQ2WndEdDFzY2FkeWJqNV94Undyb1VrNWdfeEFQQnRZdVVJcGVqaXRtTzFCcTQyS3JPaTZYcjFxZ0ZzdTViSUtHSmN5cnREcDVsMTJmT2JoNFFtZlk1RjRaMm9OYkJ3WTdNM0Y3VkRoemNDdHZ1cklaY0hIR0ozTGhyX2tUNndjakhaT3dGNU1zZFRDbkNrMFU?oc=5) · wxow.com
- 2024-12-31 [36 Black-Owned Banks and Credit Unions, Sorted by State - businessinsider.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxQR2dKWjVxQ3RoR1BRQi0xZG5sYWowMmFaaF9xWUxVTkZiYlMtTGlTcGgtcGxCZldrMHd2VEQzOWFDNjFUMFVtM1lkNHFEc1gzYU1zMWdVTm1NNk1UWlpESUdBalRXZ3ZMSlNkX0x0ZHB4cVcybF9TN1R0b1NxZVh4TEhReEJ1SVg2dU5TY0tpTnhIdw?oc=5) · businessinsider.com
- 2023-09-06 [15 steps in the unionization of banks, credit unions - American Banker](https://news.google.com/rss/articles/CBMiogFBVV95cUxNVFBHQzVuY2o2VVFsVFNGWFhvaUJtaVVFOHN2VVNKN04wNkxKTk05QnJpekFIV1hQbG1pRVVLRTNsSnU0ZlVtb0JBZ2hIMjJOa3NOUUg4RlV5UHRQa2p3OWlRT2xRUHNrS3RXeFlRYjVWTGNGUmZvemVlTHRPYXljeV9tSkpCai1HY0I0ZDJDSDZ0SDlQQTQtbDdnbjNiVGFDYlE?oc=5) · American Banker

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66983 (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/39.json (key "66983", 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=66983
- 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