# DORT
GRAND BLANC, MI · NCUA charter 7569 · asset band $1-10B · latest filing 2019-12 · stopped filing after 2019-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/dort-7569

Who the members are: federal charter, community charter, organized 1951, low-income designated. 97,150 members of 608,278 potential (16.0% of the field); checking penetration 69% (share draft accounts per 100 members); loans per 100 members 88.

**Verdict on the desk:** this could be *liquidity-tight*. 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 | $1.01B |
| Members | 97,150 (7.5% YoY) |
| Full-time staff | 202 |
| Net worth | $165.4M |
| Net worth ratio | 16.4% (p97 of band) |
| ROA (annualized) | 1.32% (p88 of band) |
| Total delinquency | 1.43% (p98 of band) |
| Net charge-offs (annualized) | 0.65% (p82 of band) |
| Loans / shares | 101% (p86 of band) |
| Cash / assets | 7.3% |
| Borrowings / assets | 3.03% |
| Net interest margin | 3.92% (p98 of band) |
| Operating expense / assets | 4.01% (p89 of band) |
| Vehicles % of loans | 33% (p48 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 58% |
| Third-party paper % of net worth | 94% (p35 of band) |
| Vehicle delinquency | 2.86% (p100 of band) |
| Vehicle NCO | 0.46% (p40 of band) |
| Repossessed % of vehicle book | 0.37% (p99 of band) |
| Real estate % of loans | 47% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 12% |
| Commercial % of net worth | 41% |
| Core shares % of member funds | 39% |
| Certificates % of member funds | 27% |
| Average share balance | $4,139 |
| Participations bought / yr | $61,024 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 88% |
| Loans granted per 100 members, annualized | 116% |
| Average loan balance | $9,472 |
| Loans granted, annualized | $361.3M |

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **loans>95% of shares** (`str_ltos`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 | loans>95% of shares | delinquency 2x band |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | delinquency 2x band |  |
| 2018-06 | 3 | net worth falling |  |
| 2018-09 | 2 |  | net worth falling |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 4 | net worth falling, repo signal |  |
| 2019-09 | 3 |  | net worth falling |
| 2019-12 | 2 |  | repo signal |

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

- 2026-09-09 [Dort Financial Scales Member Engagement with Movemint Cloud Migration - FF News](https://news.google.com/rss/articles/CBMipwFBVV95cUxONnBxcE5qNFRMQ2NtcVROQUZhQnFyQWQyOXlrMFBMeWlibThDMmliME1pNTlDX3NxVkZNR3RXYXpqYTVKOFd3SG1sUDBxRmVVRHctZnZjNWp6RFZSanZEZ2h3UjJvZFp2RWhKbUVGdUVKSGtxbERWclV4NllYRHBaTm9TNUFEQUpfb19PZmR2NDBoQUFqR2xmUWNubjQwMEg0dFhKejBmUQ?oc=5) · FF News
- 2026-04-07 [Dort Financial Credit Union Launches Spiral's Digital Savings Center to Boost Member Savings - Business Wire](https://news.google.com/rss/articles/CBMi4gFBVV95cUxOc3l0TDk3ejNvemxRa0l6U1R0Y2h4VzRpcTgtc2FsNkNhZjVYNUxMYkpMeGpXMF91VnlNaVA4ODRrd0NzM19YMTNiUE5uZWFDLWU2S0lHWlRaRm5PWlc0YWxWcDdFWkpFVW9qRERtTUpBRmswenRlbmtaWG55YTlsUkxEZllNQkV2M2E4cWk5T3lFZUI0b3ZFYndYZ2hqUXg0Q2hxRU8yMHQwUmpFNnlLWmdwRHFOSGFXM01HZEh0di1CbWZpNU44S1VCS1Z1Z3ZZdURRQW9hYW1vVDM0RWxwTGRB?oc=5) · Business Wire
- 2022-12-15 [Michigan credit union to acquire Florida bank in year’s 13th such tie-up - Banking Dive](https://news.google.com/rss/articles/CBMitgFBVV95cUxPcXRvbDRWSUhmU1pnLUUybk9ZWk5YYU8zWlBMOVVCYXRqQzVjZk1Rb2drUmtDMFZfdEFEckdmVThlWU1XaEt6SVJKS0wtV2pOcWRsZTA4TmpLZlpVUTFncVBydWpPRmFsYWIwYmtBVWxCUENwek1XX3F6alRpX1JldGwwRlQ4UjB0QmZTV1ZycDdCa3h0RXdnMXBHbmdiTkw2Rzh0X1BkOXVQU3dkSWV2enRISE4tdw?oc=5) · Banking Dive
- 2025-10-10 [These are the best promotional CD rates available today (up to 4.75% APY) - Yahoo Finance](https://news.google.com/rss/articles/CBMioAFBVV95cUxOUDRHai1TWVUzZW12Y0lPR1dzcHNMeW0yNXE5RUxxS3BwTWt0ZENtVWg2amxwSnhYcVpNRXk1TzBZNHB5LTUwWWlMTEFlZktKWVB4Sl80NndIcXUzNDZ6MGpSOEZ4T1hpbk1teEFsQ3F5QU5XWko0MGMtcVA4bUlxT1B5cXRuMkJoQnFPUEVhNkVqYVEtUEIxb3lyWll2QUx5?oc=5) · Yahoo Finance
- 2022-07-26 [Dort Financial Credit Union welcomes Sharon Lobo as Vice President of Lending - CUInsight](https://news.google.com/rss/articles/CBMiugFBVV95cUxNeThvUXhmQ29fal90bFl4cFFKRko2aHVVbEw1cUxfLVM0bzVON2xjVVR3N0M2ZkdqNnlCT2pSMVFUTW1PU18xYmh4QndsYzkxcnF4Zml6S1U1eERqWFR2NUt2S0RWb2Nnd05oY2kxb0hDaWg3VDJaNG9zYlpmOHdIQ01ZaEZkMndyQ0hRNDFURl9IcG9ZT3NQb2FnRVdHNE1seGdpUHhXcy1YaDM4d194MXQ1Vjdra1Y5bUE?oc=5) · CUInsight
- 2023-11-01 [Dort Financial Credit Union opens first branch in Oakland County - Clarkston News](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPak1DMWszdThVRDZUQnhmbnUyRHVDOS0xeUlUWERqQTg5Vnpzd0hneXh0SXhMWFQ0czhFNk45SXZCYXRHVml3NlBybEp2b3Rpa1c1U3pRYndIY2s5d3VqampHODVsMzhvczFsWTNMcEhSamt0VUV3OVJDN1Y3SGRnQkFyd3lDY1lBWXBZbC1XVk96cDhlVFJTdk9yN2gycGxmTDhpZHVtWEg?oc=5) · Clarkston News
- 2022-12-14 [Snowbird strategy: Michigan credit union buying Florida bank - americanbanker.com](https://news.google.com/rss/articles/CBMirAFBVV95cUxOT3dia3ZHazhhWTZuU2pKZmR6UnVxQTRxRVJhSEJ3eW1LR25NXzM1Sl8xZ05EQVlVbkxVRmhwTDgxTXZ0YUpCX3p0NERzLTVBRnZLSmZvblhQMzBNMVdXcTYwdWNKOXFYN0FrZi1yVlFYRUhNYl8wdE1WR2h2anBRNzZJcmxKRExUQnhqOFd3Zkg4dDIxWG5BQUhiRkU4OWZRN2VGT0oyRHQwbHFG?oc=5) · americanbanker.com
- 2022-02-17 [Brian Waldron appointed as new CEO of Dort Financial Credit Union - MLive.com](https://news.google.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?oc=5) · MLive.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=7569 (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/17.json (key "7569", 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=7569
- 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