# CREDIT UNION OF THE BERKSHIRES
Pittsfield, MA · NCUA charter 67758 · asset band <$50M · latest filing 2021-09 · stopped filing after 2021-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/credit-union-of-the-berkshires-67758

Who the members are: state charter, organized 1939. 1,565 members of 20,000 potential (7.8% of the field); checking penetration 35% (share draft accounts per 100 members); loans per 100 members 30.

**Verdict on the desk:** this could be *too clean*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $20.4M |
| Members | 1,565 (-15.7% YoY) |
| Full-time staff | 4 |
| Net worth | $2.3M |
| Net worth ratio | 11.2% (p44 of band) |
| ROA (annualized) | -1.38% (p4 of band) |
| Total delinquency | 0.12% (p32 of band) |
| Net charge-offs (annualized) | 0.15% (p63 of band) |
| Loans / shares | 29% (p19 of band) |
| Cash / assets | 19.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.75% (p19 of band) |
| Operating expense / assets | 3.37% (p66 of band) |
| Vehicles % of loans | 52% (p40 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p46 of band) |
| Vehicle delinquency | 0.12% (p46 of band) |
| Vehicle NCO | 0.34% (p79 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 12% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 46% |
| Core shares % of member funds | 41% |
| Certificates % of member funds | 15% |
| Average share balance | $6,592 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 30% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $11,425 |
| Loans granted, annualized | $1.1M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 | delinquency 2x band | auto monoline |
| 2017-03 | 3 | delinquency rising |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 | assets shrinking | delinquency 2x band |
| 2017-12 | 2 |  | delinquency rising |
| 2018-03 | 3 | auto monoline |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 2 |  | assets shrinking |
| 2019-06 | 4 | net worth falling, delinquency rising |  |
| 2019-09 | 3 |  | delinquency rising |
| 2019-12 | 3 | delinquency rising | auto monoline |
| 2020-03 | 4 | margin squeeze |  |
| 2020-06 | 2 |  | delinquency rising, margin squeeze |
| 2020-09 | 2 | loan book shrinking | net worth falling |
| 2020-12 | 1 |  | loan book shrinking |
| 2021-03 | 3 | net worth falling, loan book shrinking |  |
| 2021-06 | 4 | delinquency rising, members leaving | net worth falling |
| 2021-09 | 4 | assets shrinking | delinquency rising |

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

- 2026-04-13 [Business Briefs April 13, 2025: Business news in the Berkshires and beyond - The Berkshire Edge](https://news.google.com/rss/articles/CBMipAFBVV95cUxQZVFRQnJNcDhkaDJ4b212RmNqc29sNDRvaFdlWVpjQ2w1VUljaGZqemlNTWNVLVVjZzN1OWFFYVJGNjJXcU94dVdPbGNhYmRGYkZsNGpNcldVei1ocV8tdkVSY1pYdU1WTVY0WV9aOTB3QURfTXNneTdJR000dDRhUmF4NTk0RzR4Z0c2aGlrUnlMazhoVzR3LUZyWmxzVVVSRUFUQQ?oc=5) · The Berkshire Edge
- 2026-06-02 [Greylock Federal Credit Union awards $10,000 each to 10 nonprofits - The Berkshire Eagle](https://news.google.com/rss/articles/CBMi0wFBVV95cUxOMzdhQWttOG1Ra05pTi03blQ2TmE0Rk9ZdF9rRGI3SDRweXFxSGJnRk01RGQyaEVYb0pCNFBlbWtSZ0dUUnFDTHpvbkZlM0FuZlZrVjhzOEgwZ3RfckZGbkNOb0hWR0JlMVJkRTV6X2NIeTNDTVlDT1RuVUJFdUVfU0Mtc0NXZWlWdWxjRURmTFlsNkNEeGprWVhsUkVFSkJEYUJxZmpoM2E2RnlpdS0wMGpMOWpnOUdSRUl5REtKTi1Ba0xJem5PWGxZRExCRXNkTzZZ?oc=5) · The Berkshire Eagle
- 2024-05-10 [Greylock Federal Promotes North Adams Branch Manager - iBerkshires.com](https://news.google.com/rss/articles/CBMingFBVV95cUxOblU4enBtaUNUZTNEOXotR0picW5wa2t1UHhHajRGOUQ2Uks3dWk0clFzdDB6UlZXcXk0Vm9hVmFLdjVXRHFZcmZSZVFVVURaSGtQTjF1N3FONUlzWjI2T1NpRDYwanEtcC1ObklOYWtsNkRDNkh1NnJCUnpjUF96YTViTEQzMzZCN0pDWGpXUmR3cnEydzZJc3hDbTI4QQ?oc=5) · iBerkshires.com
- 2021-11-16 [A Look at What Members, Mgmt. Get in Mergers - cutoday.info](https://news.google.com/rss/articles/CBMihwFBVV95cUxOdnFVb19VYzc1ZE1SVU5peGJYTWZNVlRjZEV2QmE2bTAzeFhyTklMb3VwZVJic2k2SFV0bnVCOEdSOW0wSHR4MHN0OTNCcml6VTlXQXNqWGpYd29rZDdPemxFUjYybjVxRm9MN3VnZlp0T1lheTJxR3AyUDJtUkMzcXU0eUFsR1E?oc=5) · cutoday.info
- 2021-05-10 [Greylock Federal Credit Union to merge with Credit Union of the Berkshires - The Berkshire Eagle](https://news.google.com/rss/articles/CBMi-gFBVV95cUxNRXBHa3J0QlFQRGZJcTg3QU44cmoxa25naEt4ZG1hWWdFSmRYd3RqUjlTTlB3blVrb0p6ay1EbmE1SU56OGgtNk5ST1ZtNUYwS0RiUTdCWXQzMEp0aEJXUk94aExXa2lRYURLaUdnRFBaS2xBOGJ5SE9vVHd3N2dsaHRmTUNkVEUyLXVwYUlMQ2lDdzZoTEtCN3R5SFN2aDFmRDc2aXhJRU40eVkxS3RJQ1JubWhiVmVMa3F4LVRsUWY5VTFNMmZYN3l1TjFlNkdEdnVZUW5uMm02ck5PbE0tV3JwX25rbnBYU2dBNjJja3d4SVRUandla3B3?oc=5) · The Berkshire Eagle
- 2021-05-17 [BUSINESS BRIEFS: Two historic downtown Stockbridge buildings sold; Greylock, Credit Union of the Berkshires merge; Ventfort Hall director retires - The Berkshire Edge](https://news.google.com/rss/articles/CBMigAJBVV95cUxNdFNLLWxEZUdpQUFaV3ljeXVMc2xJeVducEE2ck9vd1dPaWtNbGhxU2VkQnhOUlJZajZEVTljcFluVFo3QXVGdXNwUm1HdmtnazMybEtsR1BHaWJCZ01tQ2RVa2VkZDZkTE9iaVdXUmxpTFM2ZkQxQXF5ZnJ1aDlhWENiZUo5eWVXTW5KZ3ctaGtFdVNOaUJiM1ZNSmdlWUtnbVNBQllOZm1tYVZQTE92eEd6bllHWjJUSnplZ1g2alNsTGdfVHkwM1I1REs2VWk4VHNJZjZaOWYwXzJrZk1PcmZqZTZSQTJjVWg2X0xJOEJuYTF6dVNSVWV4WUlIMkdC?oc=5) · The Berkshire Edge
- 2020-09-23 [Maine man pleads guilty to 2016 robbery of Credit Union of the Berkshires - MassLive](https://news.google.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?oc=5) · MassLive
- 2009-05-20 [Obituary information for Richard P. Ziter - Forastiere Smith Funeral Home & Cremation](https://news.google.com/rss/articles/CBMidkFVX3lxTE9oMXVLc2pDek9UdmwwdEVMWVlKWlplRlR1VWNLcWRFbXFCcE16QTUxT3ZHTzVLVkhjd2JWT3pmeUVuRXQzNWtfaEJkZGJ3eGZ2QXREMEdUWTFIMEdoU01iM3lSODc2eWdHekRYMk41cTkxLTZaOWc?oc=5) · Forastiere Smith Funeral Home &amp; Cremation

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67758 (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/46.json (key "67758", 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=67758
- 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