# GERBER
Fremont, MI · NCUA charter 6832 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/gerber-6832

Who the members are: federal charter, community charter, organized 1950, low-income designated. 16,105 members of 50,000 potential (32.2% of the field); checking penetration 74% (share draft accounts per 100 members); loans per 100 members 61.

**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 | $257.8M |
| Members | 16,105 (0.6% YoY) |
| Full-time staff | 45 |
| Net worth | $25.7M |
| Net worth ratio | 10.0% (p29 of band) |
| ROA (annualized) | 0.38% (p27 of band) |
| Total delinquency | 0.69% (p58 of band) |
| Net charge-offs (annualized) | 0.82% (p84 of band) |
| Loans / shares | 60% (p21 of band) |
| Cash / assets | 16.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.11% (p22 of band) |
| Operating expense / assets | 3.49% (p42 of band) |
| Vehicles % of loans | 45% (p72 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 52% |
| Third-party paper % of net worth | 129% (p66 of band) |
| Vehicle delinquency | 0.80% (p66 of band) |
| Vehicle NCO | 1.11% (p73 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 35% |
| Credit cards % of loans | 8% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 3% |
| Core shares % of member funds | 40% |
| Certificates % of member funds | 26% |
| Average share balance | $5,974 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 61% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $14,063 |
| Loans granted, annualized | $50.3M |

## 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 | 0 |  |  |
| 2017-03 | 2 | net worth falling, losing money |  |
| 2017-06 | 1 |  | losing money |
| 2017-09 | 0 |  | net worth falling |
| 2017-12 | 1 | delinquency rising |  |
| 2018-03 | 2 | net worth falling |  |
| 2018-06 | 1 |  | delinquency rising |
| 2018-09 | 0 |  | net worth falling |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | net worth falling |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 | 3rd-party paper>100% NW | net worth falling |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | net worth falling |  |
| 2020-06 | 3 | delinquency rising |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 1 |  | delinquency rising |
| 2021-03 | 4 | thin capital, net worth falling, margin squeeze |  |
| 2021-06 | 3 |  | margin squeeze |
| 2021-09 | 2 |  | net worth falling |
| 2021-12 | 3 | delinquency rising |  |
| 2022-03 | 3 | net worth falling | delinquency rising |
| 2022-06 | 2 |  | net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 | members leaving | thin capital |
| 2023-03 | 2 |  |  |
| 2023-06 | 3 | delinquency rising |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 2 |  | members leaving |
| 2024-03 | 2 |  |  |
| 2024-06 | 1 |  | delinquency rising |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2026-01-22 [Gerber FCU colleagues & members support Newaygo County Compassion Home with donation & supply drive - CUInsight](https://news.google.com/rss/articles/CBMi1AFBVV95cUxQMjA3YlFLaFhGajhURmdCTFpya1RpdUg2eHJpak1kSGozRGRhQnJQVjZGbzl6SzR2dW1QamZhQkN6RTFQMVBDUVgxcUhsb2ozRXUyRVh6VlZwQ21LTkh6TXJPSDJ5R2J6R0RKRTFZbkUyUk8tRC1wZElvZ1VpMFhUWm83RHFYakJ4LTd6aEZkV1pwZXNSdC1IRXUtOUJIRTI2VVR6am42WXpNczRjTTFaY255YzZCVk8xSk1uby01R2NPdjlMb3NRN25tMXlHYzlnVXpuVQ?oc=5) · CUInsight
- 2025-03-11 [Gerber FCU CEO John P. Buckley, Jr inducted into Credit Union House Hall of Leaders - CUInsight](https://news.google.com/rss/articles/CBMivwFBVV95cUxPeUg5LVJoMjFKeVlJTkJqcDJua0R2dWgtX0VBazFBRTRubkZXUFM5OXNqUDg1djUybUVYOTFkRUt3bE9RQ2hrRUkwbzVTcVhVR0xBWUZRMHh1TFFCVUZkbV9UaVA3Y2YzRkM1TUs0LVNnY0ZTMEJrNlVYTmFmMXMwc0k2X0d2d2FMU3RXc2xubXZVQ1lWR1NXVV93eEZYdTBobzZTV0ZSWlNaVWRhcDlZd0RXenJoOUdBTm51cVhvSQ?oc=5) · CUInsight
- 2025-07-22 [Credit Unions Face Tough Tech Choice: Pay Up or Fall Behind - The Financial Brand](https://news.google.com/rss/articles/CBMisAFBVV95cUxQX05UNEo1MThaOXBDckxNQkJsNXFjU09paDZrY0ZjZENvbGdNQVZlSThYc2d4VHduQV9TeTZjWGJCZmdBQWxkbVppTUlpaXZqbFRiMVF6NGtIYk9fNVBSZU9RYWNjbjg0RUlyeFg2MlBhck5uZGdqVVczRXpGeFU2eHo2ZXBSNFFpNnZxTTVDZS0zWnBxUkdGcHZ3WXFFcTFNSUtqSmYwTG00azE5amZBQg?oc=5) · The Financial Brand
- 2023-08-17 [Mahalo Banking and Larky Announce Expanded Partnership to Boost Account Holder Engagement - Finovate](https://news.google.com/rss/articles/CBMisAFBVV95cUxNYUZ4OHZOSUh2Ml9XVFI4SkNnenh5b2JhQ2VQbGRfYUkwS05lVlJzcEJNRzhVSFU3XzBCaWVmemFWUU4yTEZnTUxFMFFwaWNLS2hfMW1McjBGX0hycm9PU3NLc2djSGRuTXcwSHZ3cDd3RndRdTZjbGxJVko2U2NjaDlGWlpRT29nX1R2Q29KS2ZLUV9GVVd4LTdlbGJSU1haTmJNTmh0N1hFR2UtUXlNeQ?oc=5) · Finovate
- 2022-01-10 [Small lenders struggle to maintain local identities amid hiring crunch - American Banker](https://news.google.com/rss/articles/CBMiuwFBVV95cUxONkNxV19VMF9PaXVTQjNlY3djbWwyNHA0OVNPZWFiODFYMGRaaE5LOVdObFR2NUVmcE84UjlVNXZDUW5uMFJaR1lRd0hTLVBBR3drUVlQdVppMkhKckpabk1uTzRmdXhiWlNwTDdwYVUzWGIwTzhwbHlSMnZoRnlLT3RuNHNoRG1KNllDMllIWE10UUtzT1h5WVUxOHFHeUNHVk9td1VCWTE2UjdoM3hGQTJJVkRVdzkzajVV?oc=5) · American Banker
- 2015-10-15 [United Federal Set To Merge With Lake Michigan Credit Union - Southwest Times Record](https://news.google.com/rss/articles/CBMilAFBVV95cUxOM0VNU2Y3em1jOGZPbXdpclc0bDEwTXRQVVFvU1RmQ2c4LXktQml1NnVZSzZiMlNhWnljOEpHSS1MV1JSY1dRZklWalc2cjAyYjVncTRLMUdCQ20ybG5mWC02a1RlWEdZX2dxRkFzMWg0S2JtdkZOMTVnZ0ZxSW9ORkthQkpZZzFyQ2dNLXJ0NW9rTE1W?oc=5) · Southwest Times Record
- 2021-05-13 [Obituary for Erika Lynn (Boerman) Mansfield - Kroeze-Wolffis Funeral Home, Inc.](https://news.google.com/rss/articles/CBMiZkFVX3lxTE9aSWZ4ZFRIOVp4LXhNaFRrYjZTUFJ4amRRRkItbnFWUlR1Wm9CWldvWDFEa2JPNks0enVCUVZXZ2M2ZlZITl9nQ2hVUUxhanlHTnFIVmRsZDA0RWVEeXFxcHItQlF3Zw?oc=5) · Kroeze-Wolffis Funeral Home, Inc.
- 2025-06-27 [Celebrating 75 years together - CUInsight](https://news.google.com/rss/articles/CBMiekFVX3lxTFBmODhBSFFEOGpaQVRhaEN2bG5kcUh6bGdtZTBYcHk3LS1za2NYTjFTLV90a1FNNXMwTVRNRHZ0cjFXZU1jY29QQTBhSHN2QlBPMUs1QTVJSHNHMzVubl9MOHBKWE9fNmhtOFlLajFVQUVEWi1QT0psR19B?oc=5) · CUInsight

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6832 (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/48.json (key "6832", 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=6832
- 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