# BRIGHTBRIDGE 
LAWRENCE, MA · NCUA charter 68693 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/brightbridge-68693

Who the members are: state charter, organized 1955, low-income designated. 116,769 members of 9,081,536 potential (1.3% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 38.

**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 | $2.39B |
| Members | 116,769 (1.6% YoY) |
| Full-time staff | 331 |
| Net worth | $246.2M |
| Net worth ratio | 10.3% (p40 of band) |
| ROA (annualized) | 0.52% (p32 of band) |
| Total delinquency | 0.66% (p54 of band) |
| Net charge-offs (annualized) | 0.14% (p10 of band) |
| Loans / shares | 83% (p41 of band) |
| Cash / assets | 7.9% |
| Borrowings / assets | 1.90% |
| Net interest margin | 3.11% (p37 of band) |
| Operating expense / assets | 3.17% (p47 of band) |
| Vehicles % of loans | 13% (p16 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 30% |
| Third-party paper % of net worth | 41% (p22 of band) |
| Vehicle delinquency | 0.49% (p39 of band) |
| Vehicle NCO | 0.55% (p21 of band) |
| Repossessed % of vehicle book | 0.04% (p35 of band) |
| Real estate % of loans | 70% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 91% |
| Core shares % of member funds | 68% |
| Certificates % of member funds | 24% |
| Average share balance | $8,678 |
| Participations bought / yr | $5.9M |
| Participations sold / yr | $47.3M |
| Participations outstanding | $108.3M |
| Loans outstanding per 100 members | 38% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $39,177 |
| Loans granted, annualized | $319.8M |

## Participation posture (from the same filings)

Bought $5.9M and sold $47.3M in the latest annualized quarter; $108.3M outstanding purchased (44.0% of net worth), $14.4M sold and retained. Sold in 1 and bought in 8 of the last 8 quarters. Shares 8.1% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2018-12 | 1 | delinquency 2x band |  |
| 2019-03 | 0 |  | delinquency 2x band |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | net worth falling |  |
| 2020-03 | 3 | delinquency 2x band, leaning on borrowings |  |
| 2020-06 | 4 | thin capital, delinquency rising | leaning on borrowings |
| 2020-09 | 2 |  | net worth falling, delinquency rising |
| 2020-12 | 1 |  | delinquency 2x band |
| 2021-03 | 4 | net worth falling, delinquency 2x band, members leaving |  |
| 2021-06 | 3 |  | net worth falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 2 |  | delinquency 2x band |
| 2022-03 | 1 |  | members leaving |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | leaning on borrowings |  |
| 2022-12 | 3 | net worth falling |  |
| 2023-03 | 3 |  |  |
| 2023-06 | 1 | margin squeeze | thin capital, leaning on borrowings, net worth falling |
| 2023-09 | 0 |  | margin squeeze |
| 2023-12 | 0 |  |  |
| 2024-03 | 0 |  |  |
| 2024-06 | 2 | delinquency rising, assets shrinking |  |
| 2024-09 | 0 |  | delinquency rising, assets shrinking |
| 2024-12 | 0 |  |  |
| 2025-03 | 1 | net worth falling |  |
| 2025-06 | 0 |  | net worth falling |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2026-04-16 [BrightBridge Credit Union welcomes Matthew Coggins as Senior Vice President of Marketing & Communications - CUInsight](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNSVBCdXlQUU9ZOTNLYl9VOVhOZlhHS0NWZEs4eHN3Mlgybmg2U3ZwTkxidjRJZG8yQzBmVmxiWXVycWg3b3p3N09tMkY3Y1BPb0RDbC1Cb3YzRlc5aXJ2MDh0bW51WVpkU2NTSmQ4eE5VYlh4dkpYajdOTVlHZmY4WnZTc1NMUGNiOU1LYklhTGRVZFh3Z2M0UzZSXzVUYV82b3BrX19VcUxIWGZyazh1VHExY1o0NzMtZ0g3YnVxQjJqZ2liVkpwNXM4bGpabnQwZWd0cG5XbGtUaE5I?oc=5) · CUInsight
- 2026-04-27 [The Five Minute Read: Lowell resident joins BrightBridge Credit Union - Lowell Sun](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPR3R3TVVQanlUUzZaSXZVWXdWSkpxa2pDNG1yaDBUMV9oWXNSLVFxcFdhRWxVbTQxblNYMXFWXzA5TmJ2NlgzbFdKRFBNdi0taWRGa1VtR3VwZ1VUTjhYQUxPS0duUjlraWtVT1NfUm5iS2Zkcmp3WThjQ3JKYTZzX0FVeFpkUTJqVFdlcG5QazdjMmhldmxJSms1ZTZpTTNERUpxaFZ1RG41UQ?oc=5) · Lowell Sun
- 2026-01-05 [BrightBridge Credit Union finalizes merger with Arrha Credit Union - CUInsight](https://news.google.com/rss/articles/CBMiqwFBVV95cUxNQUQ1UWlVWUlPb3NxZmFZVXhYaXJuRGhtUW5feHdpclViNXNNa0tiLWtIQjczVkxjOWdJbktjZkFxdTBhb0RyS19WaXVwNWliaEtCU3NIeGRTV3lGQzV1VUxWb3hFbGVVYVBpTTRBbG85WVFkd2xKYi1nbG8xRmRsTTJ4NWdocmFwemJrRnB1VFN0UkViUDdDWjdWei02QzB1anVta0FPNF9lOWc?oc=5) · CUInsight
- 2025-03-26 [Merrimack Valley Credit Union adopts new name, following string of mergers - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPeW94OWc4NGtzNzZoVlV3VzdHcHYySm5MNVk1bHR1R0lsOTJXVnhMZDBvbXhULTdVOXZiRjVHWVlONWtIeVpJY3FQZUxQU1FOdjBBc25RWXBCTEVONDR5RGlKS2hKZkc0c09JVHdEcnIwaEp5MDVneGJVeWVhTmV4TGp5VG5vMkcwT2hkdjVmMGlVcm1ER1NaazRUZjlySldUQ3I3NjJ5NkNJQQ?oc=5) · The Business Journals
- 2025-03-24 [It’s Official, Merrimack Valley Credit Union Now Known as BrightBridge Credit Union - WHAV](https://news.google.com/rss/articles/CBMirwFBVV95cUxOTWNuWTNZc0U4Tm5VTjNjX1JjLUVZeVJjZnNRU2JkRXJpLWFsMC1vNWdpZXR0MnYyZ3lINXpYMzJrZU0tMW9wZzNDbzdDTXphemhnMy1GeTdNYmxSbUpJSW1XQWFwUEgtUDVZb3Y5NG1hZjFjM0FaQVhEdk5zYVA4eDNQZzI2UTlqVTFjUjZzMUt5S053R1A4TV9TazgwbURzQ3pzSmRkTVVKeDlIajNz?oc=5) · WHAV
- 2025-03-25 [Merrimack Valley Credit Union Is Officially BrightBridge Credit Union - CUTimes](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNdFo2WmptS1Y3ZXFsRU5SQ2ZlVGFncGlROHctT0E3UnJ2N3pNbjZ1ZWM5TnVGOE9HSlI2Y2dFRlZSaGdtMml5Q05DYmpsZGZLbm9QS3JUZW9VYzBrWHYxQm82SWJlNm5wZ0dYanJkUkNOTEpaQkx4RVg2M1U3eWc2eHV4VUtPZHRWcVJPZW9CN2VDWmZvXzhGOVRPNldYaEMxbThRcGdpcm4?oc=5) · CUTimes
- 2026-04-29 [BrightBridge Credit Union supports Haverhill Community Meals for fourth consecutive year - CUInsight](https://news.google.com/rss/articles/CBMiyAFBVV95cUxNWUdPQ0JsWXN2LWoxQnUtR0FMcVM2QWNoX25VcTJSUGtMVjBkUktMRzBIQTBJSEpEYmhnanlaQW1VNE01QWNZZENWN2VDOWxtOHNqNXJfem96MFlIam5BM2FwM0NCd2t1MDVqTzBRZUtsSVRuTmtRd29UT1dXbzRaOVlXdTd0U1hjN3JqbzRBcVE4T3N4RFprZjVic3BKNWhrZkttNXdFYlhDeTVNREQ5aElnQ0tYaWMxMy03c1JqLVl4eXNGQW9nZg?oc=5) · CUInsight
- 2025-12-19 [BrightBridge Credit Union welcomes Laurie LaChapelle as Executive Vice President & Chief Financial Officer - CUInsight](https://news.google.com/rss/articles/CBMi3gFBVV95cUxNWHhFcEUza0ZkRm1ZSEJzNzdEX2ZPSURaTnlpM0Zfay15UDZrQzA4US1XZ0lNV1lOeGcyN0ZtbG51aWNhcnVBSTBpRUpzb0pEVEI1WUdfenZZSzZTMGRSYVRhVTQtRTEwSjBOaVpxMTNTajIzOTFxZTFoUlB5V1lNelNrV3RDX0hyMTVGX2o5UHVRRnZBWk8zSWpnQ2FrNGZfcUw5dkExVG9hUzQzWUlPWDlnX1pIc0dIdjVKMU1lbkc5cXUwSElPM1kyN0cweHNPUHNmSHVHZjdHNXhOc0E?oc=5) · CUInsight

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68693 (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/21.json (key "68693", 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=68693
- 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