# CONCORD
Brooklyn, NY · NCUA charter 7504 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/concord-7504

Who the members are: federal charter, multiple common bond, organized 1951, low-income designated, minority depository institution. 439 members of 3,000 potential (14.6% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 17.

**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 | $7.0M |
| Members | 439 (-10.9% YoY) |
| Full-time staff | 2 |
| Net worth | $821,145 |
| Net worth ratio | 11.7% (p28 of band) |
| ROA (annualized) | -0.94% (p11 of band) |
| Total delinquency | 0.00% (p8 of band) |
| Net charge-offs (annualized) | -1.54% (p1 of band) |
| Loans / shares | 8% (p2 of band) |
| Cash / assets | 61.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.42% (p32 of band) |
| Operating expense / assets | 5.24% (p82 of band) |
| Vehicles % of loans | 0% (p3 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | – |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | – |
| Vehicle NCO | – |
| Repossessed % of vehicle book | – |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 50% |
| Commercial % of net worth | 16% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $11,622 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $128,957 |
| Loans outstanding per 100 members | 17% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $6,917 |
| Loans granted, annualized | $82,400 |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $128,957 outstanding purchased (15.7% of net worth), $0 sold and retained. Sold in 0 and bought in 3 of the last 8 quarters. Shares -14.2% year over year.

## 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 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | charge-offs p90 |  |
| 2016-12 | 0 |  | charge-offs p90 |
| 2017-03 | 1 | delinquency rising |  |
| 2017-06 | 3 | net worth falling, losing money, charge-offs p90 | delinquency rising |
| 2017-09 | 2 |  | losing money |
| 2017-12 | 2 | delinquency rising | charge-offs p90 |
| 2018-03 | 3 | delinquency 2x band |  |
| 2018-06 | 2 |  | delinquency 2x band |
| 2018-09 | 2 |  |  |
| 2018-12 | 1 |  | net worth falling |
| 2019-03 | 1 | members leaving | delinquency rising |
| 2019-06 | 0 |  | members leaving |
| 2019-09 | 3 | delinquency 2x band, delinquency rising, members leaving |  |
| 2019-12 | 4 | charge-offs p90 |  |
| 2020-03 | 2 | losing money | delinquency 2x band, delinquency rising, charge-offs p90 |
| 2020-06 | 4 | net worth falling, delinquency rising |  |
| 2020-09 | 3 | delinquency 2x band | losing money, net worth falling |
| 2020-12 | 2 | losing money | members leaving, delinquency rising |
| 2021-03 | 2 | net worth falling, delinquency rising | delinquency 2x band, losing money |
| 2021-06 | 5 | losing money, delinquency 2x band, charge-offs p90 |  |
| 2021-09 | 4 |  | losing money |
| 2021-12 | 2 |  | net worth falling, charge-offs p90 |
| 2022-03 | 2 |  |  |
| 2022-06 | 4 | losing money, charge-offs p90 |  |
| 2022-09 | 4 |  |  |
| 2022-12 | 6 | members leaving, loan book shrinking |  |
| 2023-03 | 12 | thin capital, capital below 7%, expense trap, margin squeeze, assets shrinking |  |
| 2023-06 | 10 |  | delinquency rising, margin squeeze |
| 2023-09 | 9 |  | expense trap |
| 2023-12 | 9 |  |  |
| 2024-03 | 3 |  | losing money, charge-offs p90, thin capital, capital below 7%, assets shrinking |
| 2024-06 | 4 | charge-offs p90, assets shrinking | delinquency 2x band |
| 2024-09 | 5 | net worth falling |  |
| 2024-12 | 5 | delinquency 2x band | net worth falling |
| 2025-03 | 4 |  | delinquency 2x band |
| 2025-06 | 6 | delinquency 2x band, delinquency rising |  |
| 2025-09 | 4 |  | delinquency 2x band, delinquency rising |
| 2025-12 | 6 | net worth falling, losing money |  |
| 2026-03 | 4 |  | charge-offs p90, net worth falling |

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

- 2026-05-18 [mgk Concert Setlists: Get Ready for the Lost Americana Tour - Ticketmaster Blog](https://news.google.com/rss/articles/CBMiVEFVX3lxTFBVeFBqWnRxeWg0c29GUHhPTlBPbHU3Q05fbmg4RTlFYW1xdXBWXzVuR0Ruai1iajY2eG1lbnJ6OEZRMDRHTHhDZXZXZ0pOeDdSZjZPSA?oc=5) · Ticketmaster Blog
- 2019-05-21 [Why Black Credit Unions Matter for Financial Empowerment - Next City](https://news.google.com/rss/articles/CBMilgFBVV95cUxQYTdZMTVQc2RTQ3A1dHNlV1pKVmcyOXljdlJSMnQxMVJkd2t0Ri1kYnQ0QkRad1pkVUFxUzFhTFotcmp3emstSVNoakJTNHpCR3RwZHpnQUF1NEg5Q1ZQZjUyQVgtUFp1UVh5c05NM21RYi1va2NTdWNYWUdET2R4OFJjSWNkNUhDZmJzdG41TXNYaUVzMlE?oc=5) · Next City
- 2026-03-23 [311 and Dirty Heads Announce Massive 2026 North American Co-Headline Summer Tour - That Eric Alper](https://news.google.com/rss/articles/CBMivwFBVV95cUxQOHJMdDBWS2cxVXJxeng5WGFoanpod2ZvUVgzUFlGOW1Ka0poNTJ0a1Z1bmVZbUNrU01BRWhNMVhVckRLbjl2bWluWnJUYlR2QkVhQWt2M0V2T0d4Uy1jOTRVNmFIbEUyVlRFdHl6T1c1c3hFcnVBby1mTlRGWnhPN0t0b25pV3lWMngtNXFlUkFLWTQxTkoyNjRjMFVfSTMxNjAyZFJueUtvMHRGcW5WcEtNMmMwVTFuVXpDVXFZSQ?oc=5) · That Eric Alper
- 2024-07-02 [2012-2024 List Of Failed Credit Unions - Bankrate](https://news.google.com/rss/articles/CBMib0FVX3lxTFBqUTBmbUhvaEh6UXpMOERnZTMzUjU2djBQVUVxMHd4UmZFRF84OWFtelZtZXQ3eTF5ZE5fbE5YVTRIUWd2dDVDWjZxZ3F4d3gwRFhMV2FyT21RWXlTLVVoRTE5Z0R1Ql9iMHVmYndZUQ?oc=5) · Bankrate
- 2026-02-17 [Sarah McLachlan Expands ‘Better Broken Tour’ with Summer U.S. Dates - TicketNews](https://news.google.com/rss/articles/CBMiogFBVV95cUxPdWpJc1JZS2MyYVRhWDlOUWhXbXIzQ1E1eFpHeXBKRWdlRElXdm00NjMxQ1BnczRWOC1YN1p5WGx0eE1hVUNvcjRsMVJDMW9GRW5EOUw4SHZDUnhMc1dvYVBSOENjNmVrU0szM25FSGtvYjFlekhsdG9LYWIzLW9nZlpBNVdFZFhBVXRrNnJmSnhTVmkyd2dyLTRBUVRFVElUY3c?oc=5) · TicketNews
- 2025-02-19 [Black Owned Credit Unions You Should Know - shoppeblack.us](https://news.google.com/rss/articles/CBMiXkFVX3lxTE1rWVo2ZldNTEZ4XzlKSlVoaC0yaXlSMmd5dFI0cmpoU0Z3cG8wR0tvT2EtdkI4U1NfamlsT01adjM4RXlfWFRVWkh0RXVXTDc3SG5TVHIwWWJSUVpuVnc?oc=5) · shoppeblack.us
- 2026-03-20 [Seether Unveil New EP ‘Beneath the Surface’ and Hit the Road With Staind This Fall - That Eric Alper](https://news.google.com/rss/articles/CBMivwFBVV95cUxPM3ZWcTVVb05rU0hLUnY2YUc3M3dRenZSNWFOa243ZFplRVRDYVpfbkJYNjlyOVBOaFVPaTNmVkpoY2NJRlhMVU9LNF9sb05uclljNmpOdzVfYlpkV1hGMy10T0RwLWp0ZGZDNmkzQjl1ZkxUMGZjUy1ySzRkQWZ4eW1Fdi1ib1YwbElvazh5M1RfSzdmRkR5cldGQXVRZUZpOVdiZjRtS0l4QnFsYndJQWNxLVU2Vy1WcFNFbWt1UQ?oc=5) · That Eric Alper
- 2025-07-31 [James Clifton Larson Obituary Jul 31, 2025 - Tighe Hamilton Regional Funeral Home](https://news.google.com/rss/articles/CBMiY0FVX3lxTE5LdXVHMmRoemZEeFFhUmZ6OXpmMXRLOUJGTm1Ba3dZQnJaMFMxa1N1LU1SSTFnYzNYVjVubUJPRjhhRnBCLUdPTGs4MjhfMkc4LTZzeGRGTGRlaGpla2k0QjlaRQ?oc=5) · Tighe Hamilton Regional Funeral Home

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=7504 (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/16.json (key "7504", 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=7504
- 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