# HERCULES
Salt Lake City, UT · NCUA charter 67068 · asset band $50-100M · latest filing 2018-03 · stopped filing after 2018-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/hercules-67068

Who the members are: state charter, organized 1973. 5,446 members of 100,000 potential (5.5% of the field); checking penetration 36% (share draft accounts per 100 members); loans per 100 members 46.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $71.0M |
| Members | 5,446 (6.1% YoY) |
| Full-time staff | 12 |
| Net worth | $7.1M |
| Net worth ratio | 10.0% (p42 of band) |
| ROA (annualized) | 0.10% (p15 of band) |
| Total delinquency | 0.43% (p38 of band) |
| Net charge-offs (annualized) | 0.21% (p36 of band) |
| Loans / shares | 55% (p35 of band) |
| Cash / assets | 2.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.39% (p14 of band) |
| Operating expense / assets | 2.96% (p29 of band) |
| Vehicles % of loans | 53% (p71 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 60% |
| Third-party paper % of net worth | 161% (p83 of band) |
| Vehicle delinquency | 0.33% (p37 of band) |
| Vehicle NCO | 0.13% (p36 of band) |
| Repossessed % of vehicle book | 0.00% (p35 of band) |
| Real estate % of loans | 26% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 5% |
| Core shares % of member funds | 47% |
| Certificates % of member funds | 17% |
| Average share balance | $6,973 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 46% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $14,214 |
| Loans granted, annualized | $21.5M |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | net worth falling |  |
| 2017-03 | 2 | delinquency rising |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 | 3rd-party paper>100% NW | delinquency rising |
| 2017-12 | 2 | delinquency rising | net worth falling |
| 2018-03 | 1 |  | delinquency rising |

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

- 2026-04-27 [Hercules First Federal Credit Union Helps Families Grow Money Skills - ABC4 Utah](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQMFdEOGVZREFtSFc3NllhaG1Ecy16OUd6bFBrZkszOUtSTmJrblJrQ0tVZVNhaDc0azMyS09kSDhRRElQSldiMXE3MVZFc29URUVpaTBkckdENmxzT1FPX2VBaXBFVGdMN3dHa3pTUDVRNm8wT2cwZWRyT1VqY3dmTzlkTFYzUF91bVhOVkVvbFlHQVRFUUEybEw0VTQzckI3a0pERy03WEQ?oc=5) · ABC4 Utah
- 2026-02-20 [Hercules First Federal Credit Union and Smarter Everyday Banking - ABC4 Utah](https://news.google.com/rss/articles/CBMiowFBVV95cUxPTGE4TzZUUFVxWG03Y1VjdkFiMEo5LUpPaWlMWVdVVm9naTNtMTJfSmdaR0ZUSGc2azFRM2R1VzBfaFF4UW4xdjNqRWJpNnBpUnQzYWd2ZnRzZkdHSmoyWnNYRzdlc2ZTdDg0VVZ6X1kzbm0tWlpUVEZiMkNaSEVidUlvQ1NhOWlJS0xWNG5FZDZxYlVuSC14aVJOQWlmeTVjendj?oc=5) · ABC4 Utah
- 2026-06-22 [More people are looking at Hercules First Federal Credit Union for banking - ABC4 Utah](https://news.google.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?oc=5) · ABC4 Utah
- 2026-07-07 [Smart Spending, Simple Rewards: Hercules First Federal Credit Union Visa Credit Card Advantage - ABC4 Utah](https://news.google.com/rss/articles/CBMiyAFBVV95cUxOWjg4TVdwRVctbDk5OHVJOV9NbjB4NC1pbjYyamQ1Yk9xeWQtMWRPdWtJS3JaRGR2Z0RNUGxZY2FldUFLNVczWU1Ra2dzT2hLYTBaSWRZZ2RMQ3RiaHk0a2ZMSEFFS2FJclJXYmp0LTBoMDY4Q2VRckxZZFNpRXpFTHdIRVhNYWRSS0Q3RlFQUmNIRU1DN3V2b2lGcFJQa3RZWXV6YmROZVhQZ1pRZndhTG1Ib1lnUnI0eDhxSEw0VmNqVW9ZZmFNbw?oc=5) · ABC4 Utah
- 2026-08-29 [WATCH - KSL Sports](https://news.google.com/rss/articles/CBMi8gFBVV95cUxQSnRtQkk3WDM5akMxMWRaXzZhMFZMb01HaTFoeGo4N1J1ZWFtbTdJeFctYWJhVHRjOXh5NC03Zm9GV3VKOXduLTZXaldicmdPbVlNZTBGRVlSM1dONWVhWEV3eWl4VS1tZjgtWHhxbGVhTTl4aW5VT2NfajZneS02cTljN1RCZWNSLVB5dlhkZTZkeTJoLU1ndTJXajV5TThaMGlvaUxtVGJHbDJlSEtyRjBQaFNoa2xKZXVKaHZWVmFEa0tBeWdmeV90aUtwNHU0aW1aZWsyanRoX3RLSVEzWFFLS0lYclpsNWJ3UTNic2lPdw?oc=5) · KSL Sports
- 2025-04-14 [Larry Gardner Obituary Apr 14, 2025 - McDougal Funeral Home](https://news.google.com/rss/articles/CBMibkFVX3lxTFBrZ090SVBoQUJDV0p4ZUh6N3kyTmZWZVE2MGJabzdyYXlaZmJERkU1cGJCVFlUYVVqUS1sQjFTWTFtOHk2STcwZTk2eGZhUmJ6dnNtaEp4YVQ5akJxTklqckRadWZWcDIyTGZHcjh3?oc=5) · McDougal Funeral Home
- 2026-03-27 [Hercules First Federal Credit Union’s 0% Down Mortgage - ABC4 Utah](https://news.google.com/rss/articles/CBMinwFBVV95cUxPUGxDdkJnMEJDWEdzT0R4Zk1aN2VtN0hWX1hJcnptV0tsaHl6UHVHalVJSXdSdHdfZkxNam1JVnhKNHp2cTh6dVJsS2k2V0RIOWJoSHpJUVNfRXBQR3NSbURINXZIMl9iWmZhTnRRX3V5djh6Rk45MWFZLWJWdVZTam1GcWNhaG9vekhhRVV2ZEF2TW1hSTBBUjhEUEdPR3c?oc=5) · ABC4 Utah
- 2025-10-06 [Hercules Hero of the Week! - KSL Sports](https://news.google.com/rss/articles/CBMiaEFVX3lxTFBDdUpJcExNNFVNR0JiaW9GRlZQelVfWTZLUTVicmtmTHdrcjZzX2pEcmxmWXB5VlU5emtRTU5FdWJaZVUzbEFCRXc4czBFcm8wWVkzNnFISWNTOE04R3N5TU44YXBvakdC?oc=5) · KSL Sports

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67068 (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/60.json (key "67068", 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=67068
- 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