# DENNISON
COOPERSVILLE, MI · NCUA charter 8385 · asset band <$50M · latest filing 2017-09 · stopped filing after 2017-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/dennison-8385

Who the members are: federal charter, associational, organized 1953. 117 members of 400 potential (29.3% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 26.

**Verdict on the desk:** this could be *stressed*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $263,104 |
| Members | 117 (-37.4% YoY) |
| Full-time staff | 0 |
| Net worth | $45,109 |
| Net worth ratio | 17.1% (p75 of band) |
| ROA (annualized) | -6.94% (p1 of band) |
| Total delinquency | 18.97% (p99 of band) |
| Net charge-offs (annualized) | 13.39% (p100 of band) |
| Loans / shares | 67% (p65 of band) |
| Cash / assets | 27.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.59% (p89 of band) |
| Operating expense / assets | 3.72% (p60 of band) |
| Vehicles % of loans | 91% (p99 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 19.10% (p99 of band) |
| Vehicle NCO | 12.28% (p100 of band) |
| Repossessed % of vehicle book | 0.00% (p44 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $1,862 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 26% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $4,861 |
| Loans granted, annualized | $76,067 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 2 | auto monoline |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 4 | assets shrinking, members leaving |  |
| 2017-06 | 5 | delinquency rising |  |
| 2017-09 | 8 | losing money, charge-offs p90, loan book shrinking |  |

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

- 2026-03-20 [Albert C. Lunemann Obituary Mar 20, 2026 - R.K. Lindsey Funeral Home](https://news.google.com/rss/articles/CBMiYkFVX3lxTE11OUFROEkzMkgtRlFBQ3NJSUxxWnUzQWIwMWZPdndDYjJiMHdXV29kcTVVdXMxdWN0eXRTV3FOZGhCUG92ZXNkMUg5OV9uVTFIbUh6Z1BTd1RyRkZxcGJoM2hn?oc=5) · R.K. Lindsey Funeral Home
- 2013-03-21 [Phillip A Caldwell Obituary Mar 21, 2013 - Geib Funeral Homes and Crematories](https://news.google.com/rss/articles/CBMiaEFVX3lxTE5XNlV6RXBZc1FMamtrQ2FlS0Z2V1V0OFBEOGJhUTF3ZkRzTm9oc2ZVWlZiNC1LTnpwZ3YyTEx3U3FvSURLNHN3VzhaQ2l3aDlOYUczOGFNWmtRLXdlUlJjc19jR282bnBJ?oc=5) · Geib Funeral Homes and Crematories

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8385 (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/1.json (key "8385", 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=8385
- 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