# EDU
New Castle, DE · NCUA charter 8609 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/edu-8609

Who the members are: federal charter, multiple common bond, organized 1953, low-income designated. 8,036 members of 30,000 potential (26.8% of the field); checking penetration 35% (share draft accounts per 100 members); loans per 100 members 27.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $44.1M |
| Members | 8,036 (-6.0% YoY) |
| Full-time staff | 9 |
| Net worth | $3.0M |
| Net worth ratio | 6.8% (p2 of band) |
| ROA (annualized) | -0.03% (p23 of band) |
| Total delinquency | 2.44% (p82 of band) |
| Net charge-offs (annualized) | 0.48% (p75 of band) |
| Loans / shares | 50% (p38 of band) |
| Cash / assets | 41.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.80% (p47 of band) |
| Operating expense / assets | 4.23% (p65 of band) |
| Vehicles % of loans | 59% (p46 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 2.75% (p86 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 16% |
| Credit cards % of loans | 9% |
| Unsecured % of loans | 22% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 98% |
| Certificates % of member funds | 1% |
| Average share balance | $3,603 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 27% |
| Loans granted per 100 members, annualized | 2% |
| Average loan balance | $9,560 |
| Loans granted, annualized | $3.9M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, losing money, charge-offs p90 |  |
| 2016-06 | 2 |  | charge-offs p90 |
| 2016-09 | 3 | net worth falling |  |
| 2016-12 | 1 |  | losing money, net worth falling |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 3 | delinquency 2x band, delinquency rising |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 5 | capital below 7%, charge-offs p90 | delinquency rising |
| 2018-06 | 4 |  | delinquency 2x band |
| 2018-09 | 5 | delinquency 2x band |  |
| 2018-12 | 4 | assets shrinking | capital below 7% |
| 2019-03 | 6 | losing money, loan book shrinking |  |
| 2019-06 | 6 |  |  |
| 2019-09 | 7 | capital below 7% | delinquency 2x band |
| 2019-12 | 5 |  | assets shrinking, loan book shrinking |
| 2020-03 | 4 |  | losing money |
| 2020-06 | 8 | net worth falling, margin squeeze, delinquency 2x band, loan book shrinking |  |
| 2020-09 | 7 |  | delinquency 2x band |
| 2020-12 | 8 | members leaving |  |
| 2021-03 | 10 | losing money, delinquency 2x band |  |
| 2021-06 | 10 |  |  |
| 2021-09 | 9 |  | net worth falling |
| 2021-12 | 7 |  | losing money, delinquency 2x band |
| 2022-03 | 6 | losing money, delinquency 2x band | charge-offs p90, margin squeeze, loan book shrinking |
| 2022-06 | 5 |  | losing money |
| 2022-09 | 6 | losing money |  |
| 2022-12 | 6 | delinquency rising | losing money |
| 2023-03 | 6 | losing money | members leaving |
| 2023-06 | 7 | net worth falling, members leaving | delinquency rising |
| 2023-09 | 5 |  | delinquency 2x band, net worth falling |
| 2023-12 | 6 | assets shrinking |  |
| 2024-03 | 7 | delinquency 2x band |  |
| 2024-06 | 10 | net worth falling, delinquency rising, auto monoline |  |
| 2024-09 | 7 |  | delinquency 2x band, net worth falling, delinquency rising |
| 2024-12 | 7 |  |  |
| 2025-03 | 6 |  | losing money |
| 2025-06 | 6 |  |  |
| 2025-09 | 5 |  | auto monoline |
| 2025-12 | 6 | delinquency 2x band, delinquency rising | assets shrinking |
| 2026-03 | 7 | losing money |  |

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

- 2026-07-13 [Great Basin Federal Credit Union Pack Provisions Drive - University of Nevada, Reno](https://news.google.com/rss/articles/CBMilgFBVV95cUxPSzd0elhEei1QYUo0RnNEbWwzcVcxbi1SQl9BeC1xY0dnNUFXa3JPczQ3Z1BINHpyMlN6UExnMkg5OHF3bkZacDVwSGtEMjVGaVhlcGRKYmJjRkxSY0RGNjBDLU1VVGEzTDZpb1JpVVlFYTBDZmdmOWs4TjBTY0hDU2JCWjJiWEN5MHhUYnlFYnlyY25yNEE?oc=5) · University of Nevada, Reno
- 2026-05-16 [Commencement - Illinois Institute of Technology](https://news.google.com/rss/articles/CBMiR0FVX3lxTE5Qb0kzSWNhQXZvRm9sNng3NFFxZ0pMbEtXMUcya0JOUGlRYURsUS04SzZORk1NVThOTEVzbXlNLTRyQU8tMWVj?oc=5) · Illinois Institute of Technology
- 2026-04-22 [2026 Scholarship Gala - The University of La Verne](https://news.google.com/rss/articles/CBMiU0FVX3lxTE5IRjBVaDBoOTQ3czQ2czRFTFVCd3JjWjlFdDRBYVdpX3VJTUpsWU0wY0pWRXFrOTBHWFpaWU1lQjB3NElnendlcnltWExHcWtMOWdv?oc=5) · The University of La Verne
- 2026-03-31 [Public Events at UC Davis To Celebrate Cultures, Communities - UC Davis](https://news.google.com/rss/articles/CBMiigFBVV95cUxPa0JISWx2OEc5cUdSREwxRzlfcUs1bDhRMEEtVjNaRmdzYnJEOUR4T0NCWDd4NjQ1TWpvR1cwRWVXX1lYRHV1QkRnS2RqSzRrTVltMzJhZGw3eERmM1J0MENwaENaNFJ1MjFGMnZDYm11RmxTeC1hTmtJZE1YS2xsY1lVcTJzdFpCS2c?oc=5) · UC Davis
- 2025-06-18 [Notre Dame de Namur University Launches Rainy Day Savings Pilot Program in Partnership with Provident Credit Union - Notre Dame de Namur University](https://news.google.com/rss/articles/CBMiqwFBVV95cUxONGdJVEJJWlRMTWlaZVF5WlFwV19oN3N1cnhNdzZPcnRsakhPeGxfYlhWQzNxQURRNHQ3Tm1WbnRTdkg5NU9FTUxuTmhJUmNkSjBRdXc2SGZ4SVdRRmRxaVJpWWxXQU0weFZ0b1NTb0M1bmE5ckZZc05lU0Q3ZHpibi0zU2czdnpBWXoxYUltd0Exd0FKR1Q2Ty1yV1VSU0tBTUs4VFpDMHh3eWM?oc=5) · Notre Dame de Namur University
- 2024-07-23 [California Coast Credit Union empowers financial futures - San Diego State University](https://news.google.com/rss/articles/CBMifEFVX3lxTE9vNXpWVnB6WC1MMU93aG90SmRJQmpQaTBhd0hVNDMxYS1IMlgyOXpMX2E3NlNDcFlMWnFQUlctQWl6UHg5Ykd2U041UWN3NG1nWXpZbFhfaGp1VW1aSEZBNmNmNU5CVHA3Yzg3LVJpX25PdFJOS3VYcUNjc2g?oc=5) · San Diego State University
- 2018-02-09 [MIT Federal Credit Union embraces the Read with Malcolm initiative - MIT News](https://news.google.com/rss/articles/CBMikgFBVV95cUxOSlRFUklhbXB2Y0M0RVh6WFVEQ0p5cnhMYzk0VUlGR1l5cmNySmdPWEtmWHBKOEFzU1NhUnFFZ3k2QllFTVdESkh4TVh3Rk1RemFvUGE3V0R5QXQ5Snl2WFZzSDZSa0xWZjRXX0JGeWFxZDRYSktOZ2dENllvMkF5X1czYVdoQUJ0Wm91dUhzR19Edw?oc=5) · MIT News
- 2023-06-27 [Banking on Wealth: America’s New Retail Banking Infrastructure and Its Wealth-Building Potential - Brookings](https://news.google.com/rss/articles/CBMiygFBVV95cUxQUW9oVXJldmwwX1JvZS1vWDZONk9uZERId1BTZjZGMHRKUnRXVVhra0lPVnRUTVh4S0dQOFhnakxNbFpUdHVyQVllc2lYcUFkY2RzVDdpRjI1UFo0VmdQdWh2d1FMUm1ZdmRoQTljZGRTcmthcm45T1JRSktHVS0zYTAwajNPNlVNWTIwUV92NExtSjJPa0lQMVBURUJiX19INjBGSkNxNUhrWlFRSTJjV3pMaHVzSE9hVHl5V1haMVdab1RHUDFUQTBR?oc=5) · Brookings

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8609 (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/33.json (key "8609", 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=8609
- 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