# FIRST CHOICE
New Castle, PA · NCUA charter 8229 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/first-choice-8229

Who the members are: federal charter, multiple common bond, organized 1952. 9,534 members of 87,069 potential (10.9% of the field); checking penetration 44% (share draft accounts per 100 members); loans per 100 members 47.

**Verdict on the desk:** this could be *auto monoline*. 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 | $93.9M |
| Members | 9,534 (22.1% YoY) |
| Full-time staff | 17 |
| Net worth | $11.5M |
| Net worth ratio | 12.2% (p44 of band) |
| ROA (annualized) | 1.74% (p92 of band) |
| Total delinquency | 1.22% (p79 of band) |
| Net charge-offs (annualized) | 0.49% (p70 of band) |
| Loans / shares | 66% (p59 of band) |
| Cash / assets | 29.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.17% (p78 of band) |
| Operating expense / assets | 3.42% (p46 of band) |
| Vehicles % of loans | 72% (p92 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 3% |
| Third-party paper % of net worth | 10% (p63 of band) |
| Vehicle delinquency | 1.05% (p71 of band) |
| Vehicle NCO | 0.64% (p72 of band) |
| Repossessed % of vehicle book | 0.09% (p83 of band) |
| Real estate % of loans | 15% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 68% |
| Certificates % of member funds | 24% |
| Average share balance | $4,976 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 47% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $11,955 |
| Loans granted, annualized | $20.8M |

## Flags firing in the latest filing

- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, losing money, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 4 | net worth falling |  |
| 2016-12 | 3 |  | net worth falling |
| 2017-03 | 3 | delinquency rising | losing money |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 2 |  | delinquency rising |
| 2018-03 | 3 | delinquency rising |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 2 |  | delinquency rising |
| 2018-12 | 3 | members leaving |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 2 |  | members leaving |
| 2020-03 | 2 |  |  |
| 2020-06 | 3 | net worth falling |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 4 | net worth falling, margin squeeze |  |
| 2021-06 | 2 |  | net worth falling, margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 3 | delinquency rising |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | delinquency rising |
| 2023-06 | 2 | delinquency rising | thin capital |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 1 |  | delinquency rising |
| 2025-03 | 2 | delinquency rising |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 1 |  | delinquency rising |
| 2025-12 | 2 | delinquency rising |  |
| 2026-03 | 1 |  | delinquency rising |

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

- 2025-07-22 [Credit Unions Sue Payment Processor Slim CD Over Card Data Loss - Bloomberg Law News](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQbS1mb0I1RHlSaDhvNWpqUHdZUTBXRlBmaVBST2NrQjlSd0VuNFJJYlRLVzhhcFBHNmVfeVl3a3dzbjZMbWhubklwcEp4QUdaVUF1ZTNJSnEybVlmR0JEMjc3NDJDbExfU1NpLS1YaFk1bjgxMHZJWUdCcHZpZnp6bndpeGpvcUFSWkhZOVdwUzFyNGNCMi1OY2ZMeXlzSTRQc1dFVzZuWVg?oc=5) · Bloomberg Law News
- 2025-04-08 [America’s Best Regional Banks and Credit Unions 2025 - Newsweek Rankings](https://news.google.com/rss/articles/CBMilAFBVV95cUxNS0drOGU3TGtueEZLZ2Q5TFk1NnQydjFJTlZ0UHdtZ0FBTFkyZWQ5UW9nQkNEV3ZyaVh3WVR3am9oWVBSQ1QzZk8tV29STVlFOS1NaDBLdDg4Qklma01NS2p3ZFo5cU45dllhbC04QVg1SldDTVRjeURiMXFyak5GT0YtdFpFSy1KMnJ1V1EyX19ub016?oc=5) · Newsweek Rankings
- 2025-02-28 [Newsweek says these Pittsburgh banks and credit unions are the best in America - WPXI](https://news.google.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?oc=5) · WPXI
- 2024-04-29 [CHARLOTTE MADER - The Herald Star](https://news.google.com/rss/articles/CBMid0FVX3lxTE9GOXZnUzh6YWlNRzBSY3RVSUdNZUpmS3k1RVBnRHgwYWhuWlROb21RUnpVbFFxZkk2X016VVJpV3hlYS0zZHJKanFXT3I0ZHhmQ29kV18wNnd5SlhQeXIybDE4dlNGa0NBOFZnREZDdjZEbGhnYXU0?oc=5) · The Herald Star
- 2019-05-20 [Montco bank adds first South Jersey lending team - The Business Journals](https://news.google.com/rss/articles/CBMisAFBVV95cUxQVnRyOWEzTUszckZPTlRjV1RJX25PY2pMdkNUNFRaRmhuaEJ5ajA5b09pMnBlRi1aZzRkajE5WHFLNm1wYlZPdDFoV2h5elhFU1llWXJWR0Z3Q3ZPa3RleHdRb2RQakpLRmdjM2R0Y0RKNnVtUTNKMnlZY2ZDWDBVaU40T0VELVc2aHgzVndNUThJcU9ET2RlLWJ4dDlGNUJXdzRyOF9JNUFQLXZnM0p6Xw?oc=5) · The Business Journals
- 2026-07-06 [New mural honoring veterans and the USA unveiled in Weirton - WTRF](https://news.google.com/rss/articles/CBMijwFBVV95cUxPWXlBU0N0Y1daMUlxa3JVT043eko5OGxXWjRVLUVZaC1tWWhWcEw5THlkQjlKb0IxYy13OTJlTnVuenR0Z196c0ZOTjRRQWt0ZkhPSnEtZS1VOWppa1B3NGdlaEZPQVZLOUUtbDdvSWFmcUlSdS1TNjM5amkya0lEZHVvdW9zeUtCWWJaUUlQWdIBlAFBVV95cUxQQ3BEVDhMTnBBeHFYYy1KRi1YbzdHRFFkTmk4blN1eF9GMG9ydjFGV3lwY1pqVjFrTm80M09wdVhLUHdMUUl2UXVUNFlIUjBEUGloRWxpYzdwUkJwanNoZVFSNG1MT1RrQW9hYnh3eXhXaHYtSTBlUUF2RnVhUnVRUFJ6SWNBRVYwMjFILUw2clBHNlh4?oc=5) · WTRF
- 2025-10-07 [Regional Banks, CUs: 3 Proven Strategies to Drive Growth - Resourceful Finance Pro](https://news.google.com/rss/articles/CBMifEFVX3lxTFAxR0V1c1lIRy1GXzQtSGNTNk9EM3N6NjM2M3FzT0p2b2hTUDc2aEw2NVR2Z0lUaDBUYXRTckJsanRGWXdsenQ1SnU3SEw3bldSSWhEcmNqLWdMMVNIM3R1Sks5a2FoZy0xTkpoUkVOaVJISDFDd01PR3IzM3I?oc=5) · Resourceful Finance Pro
- 2021-09-22 [Google Pay growth continues to explode, with dozens upon dozens of new banks signing on - androidpolice.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxQRjVBSkRYUnhSaHFFUTJvZGt2X0R0RnZtcWp6MUUtQjR3R3RXNmc1Umo4Q3NaV0VKVVpsYTRCSVkzb0dfdmhWS05ZWnpQYWh6d3gzc0VVVzBCYXM0MnBCbG9kekdMdnBfZk9selhhTkhDV2pCMGxUNXVlNG5wMmpodURVQWxjanVxT0VhYQ?oc=5) · androidpolice.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8229 (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/37.json (key "8229", 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=8229
- 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