# ALCO
Wellsville, NY · NCUA charter 8975 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/alco-8975

Who the members are: federal charter, community charter, organized 1953, low-income designated. 6,820 members of 312,171 potential (2.2% of the field); checking penetration 67% (share draft accounts per 100 members); loans per 100 members 52.

**Verdict on the desk:** this could be *fortress*. 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 | $61.3M |
| Members | 6,820 (1.1% YoY) |
| Full-time staff | 22 |
| Net worth | $8.2M |
| Net worth ratio | 13.4% (p56 of band) |
| ROA (annualized) | 1.39% (p82 of band) |
| Total delinquency | 0.98% (p71 of band) |
| Net charge-offs (annualized) | 0.14% (p38 of band) |
| Loans / shares | 60% (p49 of band) |
| Cash / assets | 9.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.35% (p85 of band) |
| Operating expense / assets | 4.58% (p80 of band) |
| Vehicles % of loans | 57% (p71 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.84% (p64 of band) |
| Vehicle NCO | 0.16% (p46 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 16% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 17% |
| Commercial % of net worth | 1% |
| Core shares % of member funds | 81% |
| Certificates % of member funds | 12% |
| Average share balance | $4,267 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 52% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $9,013 |
| Loans granted, annualized | $13.3M |

## 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 | 1 | net worth falling |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 | delinquency rising | net worth falling |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 | members leaving | delinquency rising |
| 2018-03 | 3 | net worth falling, delinquency rising |  |
| 2018-06 | 2 |  | delinquency rising |
| 2018-09 | 1 |  | net worth falling |
| 2018-12 | 0 |  | members leaving |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | delinquency rising |  |
| 2020-03 | 0 |  | delinquency rising |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 0 |  | net worth falling |
| 2020-12 | 3 | margin squeeze, delinquency 2x band, delinquency rising |  |
| 2021-03 | 2 | net worth falling | delinquency 2x band, delinquency rising |
| 2021-06 | 0 |  | margin squeeze, net worth falling |
| 2021-09 | 2 | delinquency 2x band, delinquency rising |  |
| 2021-12 | 0 |  | delinquency 2x band, delinquency rising |
| 2022-03 | 1 | net worth falling |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 | delinquency 2x band | net worth falling |
| 2022-12 | 1 | delinquency rising | delinquency 2x band |
| 2023-03 | 3 | net worth falling, delinquency 2x band |  |
| 2023-06 | 1 |  | net worth falling, delinquency 2x band |
| 2023-09 | 0 |  | delinquency rising |
| 2023-12 | 0 |  |  |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 1 | delinquency rising |  |
| 2024-12 | 0 |  | delinquency rising |
| 2025-03 | 1 | delinquency rising |  |
| 2025-06 | 3 | net worth falling, delinquency 2x band |  |
| 2025-09 | 0 |  | delinquency rising, net worth falling, delinquency 2x band |
| 2025-12 | 1 | delinquency rising |  |
| 2026-03 | 0 |  | delinquency rising |

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

- 2026-05-11 [SHRED-IT this Saturday at Alco Federal Credit Union in Wellsville - the wellsville sun](https://news.google.com/rss/articles/CBMirAFBVV95cUxQSzVETE4tM0dGZ3FGT005VGZkdnFIczFlV3ZxRTV1V0duY1J4UXZNOG41Z2QyVmdoSXgycjRmdVpmbXAzQmpQeUcwNXJYZVZuS2txSFlmYl9qUERDQzRwMjJ0VGpwYzlDWldwZWJDS3Aya3Q2WTk0WnJUMzliT0dKclBqSVJOOGpQMmY2VGw4TFctWjQ0alQ2WEpiWlRvZmNSaWNuaW9Obkc1WFZ0?oc=5) · the wellsville sun
- 2025-04-16 [Business news: Alco Federal Credit Union listed in top ten fastest growing in Western New York - the wellsville sun](https://news.google.com/rss/articles/CBMi0gFBVV95cUxQNk4tdU5jQ20zaUVHSkdwRTBwVkdqU3FXazAwQVpCbWdONjgxWktWSHU4Q3p4QjFpSWx3UzhNR3lWZUNxMVJpaTlnRXY1d2I3aVNwTjNKWWdBOHQtbWFHd2JtLXYwQV8yRTVpbzdHU1p6YnRoV3hyZHBFWHhMbnpud18zVFJmUGl6SmtJU21wT1MxRk1WeG1qT2pNcDFoNHFYUWxPczJnNVY0YjdXeExFbFpHbGRyR1hDbm9hcDBWMVRuMFJ2MTlaMVNhbDdFT0hSWUE?oc=5) · the wellsville sun
- 2026-06-05 [Alco Federal Credit Union Awards Scholarships to four standout seniors - the wellsville sun](https://news.google.com/rss/articles/CBMiswFBVV95cUxNTEJ1VVlCRW5BSUlLS0RXdGJqWG5Zem1raS1OTFJHVmFMcGQxWXBZS0lmbXVyQTRsdUN6TUxTcWwzX0tXX1lVSG43WEhYQjBtQ3luZkY0UnNXMFFnakc4S3VKUmdRZ0Q0V08zWjZoMlB6a2hpMTRCZnRoWkxIWjRkN2VnWVJ6N3R5bXBmaW5ERUpLZ0VhVVNJZldMUFFEQzgxMG9WSVVBeTdRcEJiSW5aMm1nUQ?oc=5) · the wellsville sun
- 2025-10-13 [Wellsville’s Alco Federal Credit Union invites you to celebrate on October 16 - the wellsville sun](https://news.google.com/rss/articles/CBMiuwFBVV95cUxNT2ZkNjh2NnZ2T1FpTlVVS1FuTVJSRmpfN3lDbENvRHA4NTJnMDExMTNfSmpXMGFreFI4clh6Y2EwZVltc3l3M3VpSEpDLWgtZi1zWnNIMWFwLUtGeHZUVVJDV3VVbUdQZzRSMjdfY2NZUG15STRuZWNOcHZuVThFQzFpVXFLaEdUSGg4MVctNjdHYmpDd19ldGJIYWw3eHlCSFVJZnNkU09ucGFNdlFjWFhEMGE2aVhyZUJz?oc=5) · the wellsville sun
- 2025-06-11 [Alco Federal Credit Union Awards Scholarships to three Allegany County students - the wellsville sun](https://news.google.com/rss/articles/CBMivwFBVV95cUxQV2ZWU0ZtY3VzTFo2ODBSbWo5RTV6MUJvalNNdWZEOEZrWnB6N3pZOWh0M0pYUDVBNHp5OXNuYlQtdDF5RG1RZUE5b1BiVmN0Y1JXREN4SXhKQXpCVFZYRDdGSHFSeXJuN0hVbkZyQmU5V0tkVzE4X1JBLWtfZloySDhTRUVQb1BCaFV5SnVYLVkxampvYTNUdjF2ZVJNUE9pTXFLYVQ2Rzh5b0Q1QjhIRUZNWm5hSDNONDRSYUxrNA?oc=5) · the wellsville sun
- 2023-01-19 [ALCO Federal Credit Union brings "Banzai" to local schools to teach real world personal finance - the wellsville sun](https://news.google.com/rss/articles/CBMi0gFBVV95cUxPSlJTeFdjLTYwWGgwQUR1Y0JESjFpamdFZDBmUkJsOTgwYkYyZ2FsUC10UHRqcTJTQWc2VUVsTzl1bWpZUGl4ZTB2bkJ0MjlJMUpjYnBXc3Nyc0FUY2ZxbXVsbzA0YlpwZktDVFJtWE9EdTJaM1NySDQ1ZGpXc09TWDI2SGx6S04xU2ZMMjZGUUE3MGpxY2FHQ1dFMDg5d0lONm1aOE1nR1lFUU1iNUpFZzJZOTg5dTBHcTJQQjNUSndoTWVtcDY1cEQyeTM1VmU1RXc?oc=5) · the wellsville sun
- 2023-06-07 [Alco Federal Credit Union Awards three local graduates annual scholarship - the wellsville sun](https://news.google.com/rss/articles/CBMitwFBVV95cUxONnBlSkJLQ3M3MVRaZ3NLREw3S3FXSkItTnhYZjliM2pGclJ1QVhQcFBXaU1oUkhmeGt6eVVWSm5sS2tqVHpDYzhGckp1N2dMSlNDMFFQcGV4WVF6anREVHJMT3NYSk5EVGZ4ZzRKU3BoQmxpTlY4SDRlenE4MVdUckdnS0hicGVPSy1zYnB2ZDVNWENkZWZzS0dkbVdHenlDaktUNVZzYk5LMVNIV2dlVUdBTWRSYjg?oc=5) · the wellsville sun
- 2021-06-01 [Alco Federal Credit Union Awards Scholarships - the wellsville sun](https://news.google.com/rss/articles/CBMikgFBVV95cUxNUURVbllhMk9KN0M5MnNkXzRNcVlKY0VJTXFXWDZKa2dLNUlDa3ZIdlkzNzNzS2RpSDF3UFY0S0x5SnJVb2dRTzBiOEdxNm02OThaMk9sX1N6b18tWExPalhMM0xxenR4cUlTdDBGbUstY2pZQUx0bTQ2d3l6SG1nRnktMFNOZE1ZS0gxRGhleXF5QQ?oc=5) · the wellsville sun

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8975 (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/15.json (key "8975", 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=8975
- 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