# FINANCIAL TRUST
Cheektowaga, NY · NCUA charter 6870 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/financial-trust-6870

Who the members are: federal charter, community charter, organized 1950. 13,676 members of 1,100,000 potential (1.2% of the field); checking penetration 45% (share draft accounts per 100 members); loans per 100 members 46.

**Verdict on the desk:** this could be *ordinary*. 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 | $198.3M |
| Members | 13,676 (-0.4% YoY) |
| Full-time staff | 26 |
| Net worth | $29.9M |
| Net worth ratio | 15.1% (p82 of band) |
| ROA (annualized) | 1.28% (p82 of band) |
| Total delinquency | 0.47% (p39 of band) |
| Net charge-offs (annualized) | -0.07% (p2 of band) |
| Loans / shares | 63% (p37 of band) |
| Cash / assets | 43.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.02% (p16 of band) |
| Operating expense / assets | 2.58% (p14 of band) |
| Vehicles % of loans | 40% (p56 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p16 of band) |
| Vehicle delinquency | 0.20% (p20 of band) |
| Vehicle NCO | 0.00% (p8 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 42% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 10% |
| Core shares % of member funds | 61% |
| Certificates % of member funds | 19% |
| Average share balance | $7,135 |
| 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 | $16,837 |
| Loans granted, annualized | $29.9M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)

## 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 | 1 | net worth falling |  |
| 2017-06 | 0 |  | net worth falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | net worth falling |  |
| 2018-09 | 0 |  | net worth falling |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | margin squeeze |  |
| 2020-03 | 2 | net worth falling, delinquency rising | margin squeeze |
| 2020-06 | 2 | margin squeeze | delinquency rising |
| 2020-09 | 3 | delinquency 2x band, delinquency rising | net worth falling |
| 2020-12 | 0 |  | margin squeeze, delinquency 2x band, delinquency rising |
| 2021-03 | 2 | net worth falling, margin squeeze |  |
| 2021-06 | 1 |  | net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 | delinquency rising | margin squeeze |
| 2022-03 | 0 |  | delinquency rising |
| 2022-06 | 1 | net worth falling |  |
| 2022-09 | 0 |  | net worth falling |
| 2022-12 | 0 |  |  |
| 2023-03 | 1 | delinquency rising |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 0 |  | delinquency rising |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | delinquency rising |  |

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

- 2026-02-12 [Money talks: How couples can build financial trust before Valentine’s Day - Upper Michigan's Source](https://news.google.com/rss/articles/CBMivAFBVV95cUxQTXByb3VUdWtBcG1OYWNIMi1KTGZoMHZ3MFI0bXM1VDljenRsOTQ0dXF6d24wRVlsWFg5WUx5RlVxcXI3VnlKVkJtUHhEeXNqLWIwSnZBNUZTT1NRb1BWckJEWWtrazNEQ0pNRzZKbFVoOU01eTVGNXVkR3BGTVJoN2VHYkhTMTBYc2Uwdjlqd2U5ZjZvVkx3MDNzeHhnVG00SkRxLTFmSW82M1ZUNUZQRklPc1VTTV9DcUlKWQ?oc=5) · Upper Michigan's Source
- 2025-02-06 [Cornerstone tops list of credit unions growing commercial lending - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPY01lcXFzU21CMHhmaGxiMm5sZjg2cWVTSjdQZVNHZUJ1WGZwQ2IxQzJFMjk3UWl1a3NPMTJuSmt1cjNoMHN1S1paN3hyZkJwQWN3MmFmRjBjdDJIVTZsQl9SRlpKUHZnMW9tQlpFUGR2QlFuTVNSYUVvanY0eUlnb3NCR1pyTmRJLU51Z09kdXBVWmQ1TXlud0xyQm1DS3k0ajVzd0g1eU1vZw?oc=5) · The Business Journals
- 2025-04-11 [America's Best Regional Banks and Credit Unions 2025 - New York - Newsweek Rankings](https://news.google.com/rss/articles/CBMijwFBVV95cUxQeEk3TUd0LUd6YTZiZkFaSGpRRzdDVHVzUWdsaDJuUzVmSHBBV1I4X2dQTHh1ckdQWklQdnpzMDh3UHBkaE9RQTBNV1piUUJQYWkyVXVUd2k1dGpncWpQTHR6Qmp4UGZKSENYNWx2MkxueTJIY3I3S01JQWlnbnhsQXNsSFgxRnl5b1VXdnBTSQ?oc=5) · Newsweek Rankings
- 2022-11-10 [Second Chance Checking Accounts By State - Lee News Central](https://news.google.com/rss/articles/CBMisAFBVV95cUxNOW82MnUyWmVEZUJGbTJMUkhhOTI3eDFWLUxEZnIteV9BVmlnRTZLYzZJY29TeWRKZ0p4NHhBbVUzejVscnRWTG5BcW5Pc2tVQU9fMG04RFpLMGNMT05UaTlMTTRWVlB6Y1NRNkt6dTk0cWU4dVB0VWZHWC1MY0tBanRsWjZlNjJ2RGhrM21kd3M4ek5DLXgwZzg5YWVzUkRzeUpZMExhUjRCWER5MnFWOA?oc=5) · Lee News Central
- 2006-01-07 [Financial Trust credit union acquires credit union at Rich Products - buffalonews.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxNVEFMSURGNmZVSzNRREhBWE9PNUVOdEpqYWVXNGxnel9rSnBtTkFuc3MxNGpLYU5aMVM3WGQ0WWlsOTNqWk1oZzRUaEtQSWZnWTN4a1BkV2ZRaUxmWjJWZ3FGQmY5YXAxM0Ffc09xNVZRRXVNTUhMRW1teklYbkI3Q0xvNUI?oc=5) · buffalonews.com
- 2014-11-20 [Grand Island Chamber of Commerce: Light Up the Boulevard Nov. 22 - Niagara Frontier Publications](https://news.google.com/rss/articles/CBMivAFBVV95cUxOUVVrWWk0Vko4bV9QelBxdkFxNFUySXJFS3M5dmh0RFVSYnlYYXlSQzNGMkpvMEpOR0s5bS03b3FXYTJ5QU1yaUJFMmtsMXYtcjVwckxieFVOTjc2NS1udEYzMzFONVlSWkNZY1lNeHFYVnBxMTR3cWc3bUNQWUppUTMzZ0dHV2JDR3MybUhPYzJzSHplWDdZN2xudjV1WEhHdnFrOHpoWUNnUUhKcEtXbzZJTDdOX1Ixa09wVQ?oc=5) · Niagara Frontier Publications
- 2022-12-16 [Niagara Regional Credit Union CEO to retire - The Business Journals](https://news.google.com/rss/articles/CBMinAFBVV95cUxOcXd0WGU3NDRXYUdiSHFNRFZLblRYUjdHMzhVaHpjTGdUbGlQUFcwTUtLdFBtbElJWW1nTDZCVjhiMHloSkFmQ0NiaXhZQ25Wdm1xck1obXUxMHZ1cUNGTzNNYjJLRkpWWjlfWXRtalJrWFN3bDFzZ3BtV0ZuMmRwQ2FSQ1ZPUEZ0eUxoS3ZPalRGT2ZFT1QwYzNnVFc?oc=5) · The Business Journals
- 2017-08-19 [Connie SCHERRER Obituary (2017) - Lancaster, NY - Buffalo News - legacy.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxQSkt0a2szYW1OM282SHFaRHZmZTVaWWl1Q19BWUlFdWoyc3l1T1d6czZtdEZxSW5uUVFIS05vQ3IwRkUyRDFRVTRBTTlFV19Mb29ZV3k2WjRpcHhDYS1fbDR5aW5INlVDQXZpTm45VUFXZUNTcGFOT1U0emdOeVlsaWhrVWVVUy1FZDNudE8wOUs0WFU?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6870 (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/22.json (key "6870", 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=6870
- 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