# MCGRAW HILL
East Windsor, NJ · NCUA charter 861 · asset band $200-500M · latest filing 2019-03 · stopped filing after 2019-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/mcgraw-hill-861

Who the members are: federal charter, multiple common bond, organized 1935. 21,921 members of 65,375 potential (33.5% of the field); checking penetration 38% (share draft accounts per 100 members); loans per 100 members 70.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $419.7M |
| Members | 21,921 (-4.2% YoY) |
| Full-time staff | 59 |
| Net worth | $44.4M |
| Net worth ratio | 10.6% (p50 of band) |
| ROA (annualized) | 0.21% (p10 of band) |
| Total delinquency | 0.56% (p59 of band) |
| Net charge-offs (annualized) | 0.55% (p69 of band) |
| Loans / shares | 96% (p89 of band) |
| Cash / assets | 5.3% |
| Borrowings / assets | 4.81% |
| Net interest margin | 3.32% (p56 of band) |
| Operating expense / assets | 3.03% (p23 of band) |
| Vehicles % of loans | 35% (p43 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 98% |
| Third-party paper % of net worth | 261% (p79 of band) |
| Vehicle delinquency | 0.59% (p66 of band) |
| Vehicle NCO | 0.69% (p59 of band) |
| Repossessed % of vehicle book | 0.70% (p99 of band) |
| Real estate % of loans | 57% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 11% |
| Core shares % of member funds | 43% |
| Certificates % of member funds | 32% |
| Average share balance | $9,334 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 70% |
| Loans granted per 100 members, annualized | 18% |
| Average loan balance | $22,101 |
| Loans granted, annualized | $99.4M |

## Flags firing in the latest filing

- **repo signal** (`aq_repo`)
- **members leaving** (`shrink_members`)
- **loans>95% of shares** (`str_ltos`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, 3rd-party paper>100% NW |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | losing money |
| 2017-03 | 4 | delinquency rising, members leaving, leaning on borrowings |  |
| 2017-06 | 5 | net worth falling, losing money, loans>95% of shares | delinquency rising, members leaving |
| 2017-09 | 5 |  |  |
| 2017-12 | 5 |  |  |
| 2018-03 | 4 |  | losing money |
| 2018-06 | 3 |  | loans>95% of shares |
| 2018-09 | 5 | losing money, loans>95% of shares |  |
| 2018-12 | 6 | delinquency rising, repo signal | losing money |
| 2019-03 | 4 | members leaving | leaning on borrowings, net worth falling, delinquency rising |

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

- 2019-03-13 [Merger adds to PenFed's expansion moves | Credit Union Journal - American Banker](https://news.google.com/rss/articles/CBMikAFBVV95cUxOUUdCYUxuU3ZPQmhQMjdiaHVsSFVmd29tYUNRUlJKeG16eTFsUFVTamhhVno5X2hpY2JoSlRoV3YwUG9Oa2RnbWI2OHdQdXZrWFpPVlBEYnUtTWVqVTRIa19nb2ZzeVk5MEw0My11SUZQdHRnanIwM0tvY1pIVzZCempHLVU5cVk2VW85SE9GTlA?oc=5) · American Banker
- 2018-05-30 [Chuck Fagan and Lois Kitsch named as Directors of America’s Credit Union Museum - CUInsight](https://news.google.com/rss/articles/CBMiuwFBVV95cUxPVUJ1U0RkbDFNU0Fudk9idW0xMWI0ZHZvc3V2Q3pxak4ybE96Z1dYWk1Vd05BVEpGakpnX013OWxJbEFURGJudXUyeFc3X1cwbVNJanRPdTh3OUdLZDZIb1l6d0VHOFUxaEQzYURDdnNCaUI1SmRQUHNRU3diMkxOM3lnWHRKazR6STR4NzZITGlDVnh0UkFGSVVoRWtJY2h6S0NYVzJfQldNR3NlN2N5RDlLTU1NMGQ0cTVJ?oc=5) · CUInsight
- 2018-10-11 [Gilfedder named Kitsap Credit Union’s president/CEO - Kitsap Daily News](https://news.google.com/rss/articles/CBMimgFBVV95cUxPMlhtYklNMzZ0MkRCRXJHQTlrNS1yNUYxNFdVZ2s5LW41dzJSWFVVTVZHQXJEaVlvTnlzX09Qb0JxYzVRMmxtbWhfb2dqbE5Wb09mRHB1cjRHWFNOTGlETG5sdldwUFh6eEtnYzJ0Ql80em9XODZxQ0J5cTF4cTkxeW5Dc2RSVEQzQUYwQ0tXYVZveS1vUUNoRG1n?oc=5) · Kitsap Daily News
- 2015-08-31 [Six ways regular budget meetings might save your marriage - The Christian Science Monitor](https://news.google.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?oc=5) · The Christian Science Monitor
- 2016-08-13 [List of banks that support Apple Pay in the United States - 9to5Mac](https://news.google.com/rss/articles/CBMie0FVX3lxTE15UkVmX3k3aURqZXBKcFZCVTJuMEEzWTlLUEpQRDdTR25DQ2lPVXZGeEYycEVZcXl5RThsdlg3aUV6WHZFdWIzWDBUR2ZsT2FUcG1JWU5mbzJ3bVRUT0NjaEFFQXJaV0o1RklzdW03bzN2MXJoV3B1aFhEWQ?oc=5) · 9to5Mac
- 2022-06-01 [Seasoned HR professional Burke named Scarinci Hollenbeck director of human resources - ROI-NJ](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPU0tZY1ZRczZ4MHNpVzE4cXM5dHBndlRqRDNlVTZ0a2dUdjFDcDQwUVRCaDZ5WmtvalRCQ2wzbVdPTmdvX1BxTktlcVJRTzIxSEZsNTZfQXVvT1BrVjR2eFpESS1kUXp4WDdBWThQOWpiMUtIRXdtQ1pKNUdPcVRYc1BmcDU1eGNDRnA5R2dQaXdEYjJlVzRfaVpldUVvNzV3X3F6djE4N2RfTHVBQ0lseFZZUEU2WE8xRWVia1FLOVk?oc=5) · ROI-NJ
- 2013-12-22 [Financial bullying wounds relationships, hurts marriages - columbiadailyherald.com](https://news.google.com/rss/articles/CBMiyAFBVV95cUxPaVRtRXE2OTdjeE0teEwtd2dwV0h3dE9WZnpOdTVTS2lIZEU5UGZMWklGczhKamFnVEdQbnk2SVlDeG82aFN1MUlzWGs4VW4tdXViUUI3R1JJRHJBMXh5aUdJekczeTFXSmg4RDRLTVFNSjM3YmtxSnZFQjFHRThXSjFLT0pCRVk3bWw2TEx3cm5RWk4ycUZDc21LemxqYjBoRGFlWW84NW5adGFYQlZ0WlJrTnV5Uklvcnh5RGtTdXJWdWExUGw4Uw?oc=5) · columbiadailyherald.com
- 2015-09-21 [4 Ways To Salvage Your Sorry Credit Score - thestreet.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxOLWx2UzB1bFBscmdFR0E4MUZZZHpOd2FEclU2MFpnUlJRLURrZUh0blBLeVU5bUZIN0JRcFJFM1hfMFdyTmNVTVk4bmpTc2J1dzBMeFFQa25pSTY4bGRYX0ZGWHJNcTR1M0o2MlhSSmpydmZYMzZCNWdYOEMyeUp3U3BmdG4zVkM0MzZrVW50WDBFN1N3VnBiMw?oc=5) · thestreet.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=861 (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/29.json (key "861", 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=861
- 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