# TREMONT
Boston, MA · NCUA charter 68349 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/tremont-68349

Who the members are: state charter, organized 1952, low-income designated. 12,744 members of 100,000 potential (12.7% of the field); checking penetration 51% (share draft accounts per 100 members); loans per 100 members 69.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $258.7M |
| Members | 12,744 (-3.5% YoY) |
| Full-time staff | 41 |
| Net worth | $27.2M |
| Net worth ratio | 10.5% (p38 of band) |
| ROA (annualized) | 0.16% (p13 of band) |
| Total delinquency | 0.83% (p70 of band) |
| Net charge-offs (annualized) | 0.22% (p32 of band) |
| Loans / shares | 79% (p62 of band) |
| Cash / assets | 16.6% |
| Borrowings / assets | 5.36% |
| Net interest margin | 3.08% (p20 of band) |
| Operating expense / assets | 4.08% (p67 of band) |
| Vehicles % of loans | 7% (p5 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 5% (p25 of band) |
| Vehicle delinquency | 0.93% (p73 of band) |
| Vehicle NCO | 0.41% (p37 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 81% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 26% |
| Core shares % of member funds | 58% |
| Certificates % of member funds | 26% |
| Average share balance | $9,323 |
| Participations bought / yr | $17.3M |
| Participations sold / yr | $0 |
| Participations outstanding | $12.1M |
| Loans outstanding per 100 members | 69% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $19,719 |
| Loans granted, annualized | $39.2M |

## Participation posture (from the same filings)

Bought $17.3M and sold $0 in the latest annualized quarter; $12.1M outstanding purchased (44.6% of net worth), $0 sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares 0.9% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, delinquency 2x band |  |
| 2016-06 | 1 |  | losing money |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 | members leaving | delinquency 2x band |
| 2017-12 | 2 | delinquency 2x band |  |
| 2018-03 | 1 |  | delinquency 2x band |
| 2018-06 | 3 | net worth falling, delinquency 2x band |  |
| 2018-09 | 2 |  | net worth falling |
| 2018-12 | 1 |  | members leaving |
| 2019-03 | 2 | net worth falling, members leaving | delinquency 2x band |
| 2019-06 | 3 | delinquency 2x band |  |
| 2019-09 | 2 |  | net worth falling |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | net worth falling, margin squeeze | members leaving |
| 2020-06 | 4 | losing money |  |
| 2020-09 | 2 |  | net worth falling, losing money |
| 2020-12 | 3 | members leaving |  |
| 2021-03 | 5 | net worth falling, losing money |  |
| 2021-06 | 4 |  | margin squeeze |
| 2021-09 | 3 |  | net worth falling |
| 2021-12 | 2 |  | losing money |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 5 | net worth falling, charge-offs p90, leaning on borrowings |  |
| 2022-12 | 4 |  | net worth falling |
| 2023-03 | 3 |  | members leaving |
| 2023-06 | 4 | losing money |  |
| 2023-09 | 5 | net worth falling |  |
| 2023-12 | 4 |  | delinquency 2x band |
| 2024-03 | 6 | delinquency 2x band, members leaving |  |
| 2024-06 | 6 | margin squeeze | net worth falling |
| 2024-09 | 6 | delinquency rising | margin squeeze |
| 2024-12 | 6 |  |  |
| 2025-03 | 3 |  | charge-offs p90, losing money, delinquency rising |
| 2025-06 | 4 | delinquency rising |  |
| 2025-09 | 3 |  | delinquency rising |
| 2025-12 | 3 |  |  |
| 2026-03 | 2 |  | delinquency 2x band |

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

- 2019-09-03 [Tremont Credit Union awards teacher scholarships - Miltontimes.com](https://news.google.com/rss/articles/CBMi0AFBVV95cUxPZkYzYWRndTBIalctVkNEQlIxLWRzSF9KY0lVMHljckhMbDhVN2V3WURiR1ZGRUJ1M1NPY3ExTTl5N3NDNnpjYk1RRzIxSTJYNzFTamlyUFJzaWdtdHM2X1dVV1JpdGNDUTBaRUJySzgtdFdseHhkdDV3UTItRzJZRHZfaWtWaENZc0c1RDBhcnNOTzV6ZUlzcUNiTDhqOFJUMDQ3ZDQtTWRpN2pWYldrLUQyekg1TTljbjZWUGFvSWs5S3F0cWxJSnVIai1qdS1s?oc=5) · Miltontimes.com
- 2011-03-22 [Tremont Credit Union taps Charlie Baker for board - Boston Herald](https://news.google.com/rss/articles/CBMilAFBVV95cUxQelZZdDFNMjRfQy13SUM2aGVqcFZqNnhGZkgtTFpBZDVodlZzMENPOXZ2VFFUY0JFMHdKeDdrdGVBOEVmVkhReng2OHFXSXZja3cwLS1oS3BTZ0FuYTRRRnRwdUxzS2Z3OWh1dlVjX1NERXR1QlZCWTZqUUNKTjl1WkxsNnlVb282VmNuUFBNYVp6WXBN?oc=5) · Boston Herald
- 2015-09-27 [George Hardiman - Banker & Tradesman](https://news.google.com/rss/articles/CBMiW0FVX3lxTE9Ha0NuUkpWLTZ1Mmt6WVBsLWNjbnZHTlFFVlQzYXBNVUpYVTlfdldMa1VXU3ZiYmR6LXNUUzVmU1FSRHlrY1B1X2Q1RDJaR3hHZC0tNUpYQVQtT2M?oc=5) · Banker & Tradesman
- 2026-03-18 [The Five Minute Read - Lowell Sun](https://news.google.com/rss/articles/CBMicEFVX3lxTE80cGtWbTdSd29OU2RzLUhhMWJHSHFfbWJzZ0Jhc2tRS3lMN1pRQXBWM0RLUmUyc0hhcnE3Q25tOVpuZ2JlNmw4bEVHWm5nZ29OLUhHUEdjVHhVMlZUc2lyX09IR1VLZU5mS0w0OEN6VXo?oc=5) · Lowell Sun
- 2017-11-03 [Alleged West Roxbury Bank Robbery To Remain In Federal Custody - Patch](https://news.google.com/rss/articles/CBMiogFBVV95cUxNVC02bXdBV3lIWkx6em9qOE5nSmE2ZWVNM0JsQjVENGpNR1RvQnBDN0VNcmw5MnotYkNTMUNJZmlhX1F3b0M5aE9YQ2ZsZU5iYm9yR09PLWo2d0MxWEViaTBOYlA1Ry1Mdk84bXY4UmhmT0JrMjVRQjNJTjZnMFNkdUZZOUhxaEVjcFJCLWstMkxsUzFHMUZzRTEzeVM4UmhfcFE?oc=5) · Patch
- 2022-02-06 [EDWARD WELCH Obituary (2016) - Marshfield, MA - Boston Globe - Legacy obituary](https://news.google.com/rss/articles/CBMikAFBVV95cUxNbUlxMmpxN3Q3SXlYLXZ3NUkyNGstb3pYMW1xTjVFbTVDVGFkdWMweXVDWWxxM2NnSnZrLUlwQnVCM3I0V3pCNHBZeThNV3VSaEpPdzlIRXo1OUlCaERqWGFvQTlNd29DMURaZWE0QlVZQ1AtekhPOHhEQ0daTTZfeHctMGVra0h1bHV5ZjJSZkU?oc=5) · Legacy obituary
- 2017-10-27 ['Route 128 Bandit,' Alleged Accomplice Caught - Patch](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPNklwUkJCckh0SUh3eUtMOVhpSmd6Ny15Rm5YVFVRV3N4X1pwY090bVVmdFYySWw2b0JaclV2eW8tYVM2R0FjSEJHZFZTTkNJclNmSmJhcmdXbU04ZHE3eXZzTjZBZk5tVmpMQWZlS2t3dFdyWVFQNnFaa0s5VWV1Q3YzY1RJWW8x?oc=5) · Patch
- 2024-07-31 [Hugh E. Mullen Obituary (2024) - Marshfield, MA - MacDonald Funeral & Cremation Care Services - Marshfield - Legacy obituary](https://news.google.com/rss/articles/CBMif0FVX3lxTFBQaTktOEcwOTdWeEFmMndWakktQjFsR0lhRzZiX2hzYU5OdnpmMU5rNGtMVXBGajVvcWFlODk1dS1RSVZ5Mjc4dDQ2UTM1WUdJeEM2VFJwNVhsTUhQV2VsRFd0SWo4dVhnekR4cnpTblY3ZDE2bGhwRjVDODBRLTg?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68349 (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/61.json (key "68349", 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=68349
- 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