# LAKESHORE
Muskegon, MI · NCUA charter 8709 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/lakeshore-8709

Who the members are: federal charter, community charter, organized 1953, low-income designated. 2,628 members of 175,273 potential (1.5% of the field); checking penetration 60% (share draft accounts per 100 members); loans per 100 members 38.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $45.9M |
| Members | 2,628 (1.7% YoY) |
| Full-time staff | 5 |
| Net worth | $5.3M |
| Net worth ratio | 11.6% (p27 of band) |
| ROA (annualized) | 0.40% (p41 of band) |
| Total delinquency | 0.00% (p8 of band) |
| Net charge-offs (annualized) | -0.01% (p20 of band) |
| Loans / shares | 33% (p16 of band) |
| Cash / assets | 67.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.54% (p9 of band) |
| Operating expense / assets | 2.79% (p26 of band) |
| Vehicles % of loans | 34% (p22 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p16 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 51% |
| Credit cards % of loans | 9% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 48% |
| Certificates % of member funds | 26% |
| Average share balance | $7,718 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 38% |
| Loans granted per 100 members, annualized | 20% |
| Average loan balance | $13,349 |
| Loans granted, annualized | $3.1M |

## Flags firing in the latest filing

- none

## Warning timeline

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

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

- 2026-01-12 [Lakeshore Chinooks Set Sail Into Season 14, Presented by Kohler Credit Union - Northwoods League](https://news.google.com/rss/articles/CBMi0AFBVV95cUxOQ0xmVEJTM0hPaDBpczhiajBUajdaQ3pLQ0J1Sm1hbDdabnJ4QlRacUR0NjcxOEJPTWhMemRuQndtdHlZT2dWUy1uQ1NqZ0docngtMlRCNE9hTlBjRUdPN3E0UWlkOXBVR0dlUXBvOFRXcWF2MUVnYjVRaEREU2tsMFp1R0otZnpLVms4alB2OVZ3eU9pZktuT2c5MXBveXllcHR5ZzFfcENub1hIcTMtMzhVZ0EtVEczYzNNZ0ZmdkYwNmFDQ2MzOG5DMTlzZ19Z?oc=5) · Northwoods League
- 2025-04-22 [Families Invited to Free 'STEAM Along the Lakeshore' Event - - Muskegon Community College](https://news.google.com/rss/articles/CBMijAFBVV95cUxPUDhVeUJPdVhtaHJqRlR0eVBzTVRyNndPQVpjeThJbTUyaURRM1dzZENhcVhvUVpfbUxHazZ3WUMzclVYMEFFUWw5ekNaNDBMOXJZT0pWbTJWbUJfR25TMm5iVk9BUFVDMnc5TDU0d2ZZa21kZ0kxZHFtSnkwU0lHR0UzdGlvVHpkTm43NQ?oc=5) · Muskegon Community College
- 2022-11-20 [Community Choice CU eyes continued expansion in West Michigan market - Crain's Grand Rapids](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPQUU5QnJtdW9YTmtDRWd2OEtVcUN0cktWTEJ5X3BIRmQ2LWVOQ2NPN0d3dFJuRlJMeVA3aUVEWU03YzliU0dRcjdkZ0lKejR4VXd0dG5wNEJHQ2FKQ2JZWkZuajVBRmpYOUVsRjlkOGRDajlqU2h6cTBGbWxEaXVTRmd0a1JSN1ZWV0lCbnF0OWhTWmFudHNyWDdwcUM1QmJ5b3VjSkd6X3VTRWx5NXhsQ1J5Zl9QdFFUaVYzdFpHN2pldw?oc=5) · Crain's Grand Rapids
- 2025-04-10 [America’s Best Regional Banks and Credit Unions 2025 - Newsweek Rankings](https://news.google.com/rss/articles/CBMijwFBVV95cUxQTmlpWENXaXkzbXJ1U0VzOTBDOTNWVnlhX01aMDZWakRoZE5pbFcySWNvX2xqa0daSUhCb0JkUC1hd0lyRTVaUzlRb3BYU2l4WE9Ucnl3dmw1ekN6dUlKbVdvWGRtbTZUREdtRXZVVEhyYlVxR0Y3RldVaG8xaVRzMGdDQXBsUUowTXdrSEc2RQ?oc=5) · Newsweek Rankings
- 2020-09-08 [Lakeshore Parade of Homes to begin this month - The Holland Sentinel](https://news.google.com/rss/articles/CBMirwFBVV95cUxQTmtZblNQRkZjTzBHMzZ1dkRXWk1xOTNZUWlWdGxMZ1Y1YmV0WDZWQVlCanp3bExFdkpKOU4yLUNRNnJXeV9qYTl4NEstMjh2RXJoNEZvQ2Y3TVpvbHIwbk00TlFWcWlOYmRmTEh4RTFrTjNQcGJyUmR3V084Q1pzQWlHYkdyc09RczQycFRPR3JkZm1VTkNJZW5IblJwVGh1NXoxOXNhUXJMSGxBT1cw?oc=5) · The Holland Sentinel
- 2022-02-17 [Honor Credit Union to open new branches in Allendale and Jenison - FOX 17 West Michigan News](https://news.google.com/rss/articles/CBMiwwFBVV95cUxNQmtkcGJzT1dESmZ3UFQyUzRSUUJudUZIMndUWUJlSlBCQWlWVndNN2k1MjVJc21jRVhuVy1kZy1XbXFvXzU3MTkyVzhEdWU1ekh5MlNpZWpvMVBBbjdhTzJuemttZTN3cDNVd2VFRGlDeWVKQ29YcTlxdVNYZHI1V05zLUItSXZRWlRfaWhuemxLbmZGaHhTUkJrUzk4VS1QSHNFYVVoMDhVLVBqUVRRMmlKY0FCLUNLcmZVMU1zSDlHeTg?oc=5) · FOX 17 West Michigan News
- 2017-12-08 [Shoreline Credit Union remains a local, hometown choice | Chamber Notebook - Herald Times Reporter](https://news.google.com/rss/articles/CBMixgFBVV95cUxNbk1UWjdxcXpnanVHUVNpaV9XcmxfQW9KX2h1WmtMN0kzbWJsUW5zeHR1OXNKS2JuUE5oZHpUaFV6ZlJlRzlaaEMxVWlSQXlkNEdmQUdERVp6X2hIMWE5WHJ4aFBhbUVEeWxfRGNOZ3ExaDJhdTcwdDBzQlVXTHpOZUhSdXZaOGtTeU00dlIwMkh3TjlKczY5eDJKVndmbEMweGJzOWxsbGVDMzZVSXpXWndoWUxteXNaRS1hOWlhdGQ3a21ETUE?oc=5) · Herald Times Reporter
- 2025-04-18 [Lakeshore Advantage reveals plan to create over 9,000 jobs in West Michigan - MLive.com](https://news.google.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?oc=5) · MLive.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8709 (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/5.json (key "8709", 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=8709
- 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