# NORTH EAST WELCH
North East, PA · NCUA charter 8687 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/north-east-welch-8687

Who the members are: federal charter, community charter, organized 1953, low-income designated. 2,628 members of 55,418 potential (4.7% of the field); checking penetration 64% (share draft accounts per 100 members); loans per 100 members 39.

**Verdict on the desk:** this could be *ordinary*. 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 | $25.6M |
| Members | 2,628 (-4.0% YoY) |
| Full-time staff | 8 |
| Net worth | $4.3M |
| Net worth ratio | 16.6% (p60 of band) |
| ROA (annualized) | 1.22% (p78 of band) |
| Total delinquency | 0.85% (p58 of band) |
| Net charge-offs (annualized) | 0.08% (p57 of band) |
| Loans / shares | 66% (p62 of band) |
| Cash / assets | 40.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.61% (p77 of band) |
| Operating expense / assets | 4.06% (p61 of band) |
| Vehicles % of loans | 47% (p32 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.91% (p62 of band) |
| Vehicle NCO | 0.10% (p72 of band) |
| Repossessed % of vehicle book | 0.09% (p92 of band) |
| Real estate % of loans | 36% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 83% |
| Certificates % of member funds | 8% |
| Average share balance | $4,108 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 39% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $13,822 |
| Loans granted, annualized | $6.6M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | net worth falling |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 4 | delinquency 2x band, repo signal |  |
| 2017-09 | 3 | delinquency rising | net worth falling, repo signal |
| 2017-12 | 3 |  |  |
| 2018-03 | 1 |  | delinquency 2x band, delinquency rising |
| 2018-06 | 3 | delinquency 2x band, members leaving |  |
| 2018-09 | 1 |  | delinquency 2x band, members leaving |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 3 | net worth falling, delinquency 2x band |  |
| 2019-09 | 3 | delinquency rising | net worth falling |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 2 | net worth falling | auto monoline, delinquency rising |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 2 | margin squeeze |  |
| 2021-03 | 4 | net worth falling, auto monoline |  |
| 2021-06 | 1 |  | delinquency 2x band, net worth falling, auto monoline |
| 2021-09 | 3 | delinquency 2x band, repo signal |  |
| 2021-12 | 2 |  | margin squeeze |
| 2022-03 | 3 | delinquency rising, charge-offs p90 | repo signal |
| 2022-06 | 3 | net worth falling | charge-offs p90 |
| 2022-09 | 2 |  | delinquency rising |
| 2022-12 | 1 |  | net worth falling |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 0 |  | delinquency 2x band |
| 2023-12 | 1 | delinquency 2x band |  |
| 2024-03 | 0 |  | delinquency 2x band |
| 2024-06 | 1 | delinquency 2x band |  |
| 2024-09 | 1 | delinquency rising | delinquency 2x band |
| 2024-12 | 0 |  | delinquency rising |
| 2025-03 | 1 | delinquency rising |  |
| 2025-06 | 0 |  | delinquency rising |
| 2025-09 | 1 | members leaving |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | net worth falling |  |

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

- 2024-02-07 [Stuck in a jam, network disruption brings Welch’s North East plant to standstill - yourerie.com](https://news.google.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?oc=5) · yourerie.com
- 2024-07-15 [What's new at the North East Cherry Festival? 77th annual event starts Wednesday - Erie Times-News](https://news.google.com/rss/articles/CBMi9wFBVV95cUxQYjRfdi1PWUs1ZFpQYUZhcUxZQU1BNC1rbWpYZjBYdU1waTd3VWNFSWJadEg4MGxEZ3haa2RuejV6Y1lIQ0l6blNkeHdWbDJvVEZXSl9tUjNISnRQblBrV0VuUXBYTkE5VGNoREF0TERJdEhTVEtEQlJ0WGtxaktTYTROeEtocDR4a3dGTlpQRngzZHNBSjMzaVFyYTFtdThiWE9JMjI4aXotdEp6M2J5blcxX21ZOVQ0QVNSb21aTGRZSVFkVDZsS1ZMQWhNc2F4cTZLSmZ5aFF0N2NpclRPdEdQWFgxT1JFSzNiRGNpbEJpb3M2QmxN?oc=5) · Erie Times-News
- 2025-11-18 [Westfield gearing for ‘Christmas in the Village’ - - post-journal.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxPWmNfTkdFV3B4QzlkMl9KVXZKaVg1SlJ0aVRRTldVVWxCZnh4WDN0ZVNSc29rRy0tNU9ZX2VNWWJkbmtWbThPWDk0TVgyVTFWWmswRkpiemcwOTR0QV9wa3llOXI0aVZPRGZ4aTM0aHNNdlI2QnZzbFhkSFRGc2lTSUdhd0pQQ1NJaHlBTGJFanFzbnRrS0hTSDhWVWRpRklWRXc?oc=5) · post-journal.com
- 2023-04-21 [Reality check: Financial fair teaches students life lessons about money - thecorryjournal.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxNcFNMWENhTVdBd2ZwYzNvY1RvTWw5U3I1STRzcU5zZ3VZX2FwZGd0cHNBMzV2NnZFRjhDMmkyOU9FeGhnbjlnOG0yQ1RJeHV5TjRhMVF0QWFSVS1oNGd1aXY4NFhiS3lGY2U4VE5SU0pGSm5tcTY1ckg4bnFqR1Y1V0VTT3dDTzlVWGpFb2x0aw?oc=5) · thecorryjournal.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8687 (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/47.json (key "8687", 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=8687
- 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