# TACONNET
Winslow, ME · NCUA charter 9009 · asset band $50-100M · latest filing 2018-03 · stopped filing after 2018-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/taconnet-9009

Who the members are: federal charter, community charter, organized 1953, low-income designated. 8,032 members of 170,800 potential (4.7% of the field); checking penetration 37% (share draft accounts per 100 members); loans per 100 members 47.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $64.6M |
| Members | 8,032 (0.1% YoY) |
| Full-time staff | 19 |
| Net worth | $4.4M |
| Net worth ratio | 6.8% (p2 of band) |
| ROA (annualized) | -0.10% (p7 of band) |
| Total delinquency | 0.39% (p34 of band) |
| Net charge-offs (annualized) | 0.61% (p69 of band) |
| Loans / shares | 73% (p67 of band) |
| Cash / assets | 16.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.07% (p91 of band) |
| Operating expense / assets | 4.21% (p74 of band) |
| Vehicles % of loans | 40% (p47 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 92% |
| Third-party paper % of net worth | 361% (p95 of band) |
| Vehicle delinquency | 0.71% (p62 of band) |
| Vehicle NCO | 1.33% (p87 of band) |
| Repossessed % of vehicle book | 0.09% (p80 of band) |
| Real estate % of loans | 39% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 3% |
| Core shares % of member funds | 71% |
| Certificates % of member funds | 18% |
| Average share balance | $4,130 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 47% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $11,637 |
| Loans granted, annualized | $10.8M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, losing money, expense trap, 3rd-party paper>100% NW |  |
| 2016-06 | 3 |  | expense trap |
| 2016-09 | 3 |  |  |
| 2016-12 | 4 | net worth falling |  |
| 2017-03 | 6 | capital below 7% |  |
| 2017-06 | 6 |  |  |
| 2017-09 | 5 |  | net worth falling |
| 2017-12 | 2 |  | losing money, capital below 7% |
| 2018-03 | 5 | capital below 7%, losing money |  |

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

- 2017-10-06 [Real Estate Transactions October 2017 - Mainebiz](https://news.google.com/rss/articles/CBMidkFVX3lxTFBzRTV0U21lWmRpZ0s4TTNnV01RT1F3dkd6ZHRLUFI4V1VQb1FqZ2xoM0xtdHJOUVRGbGhHU3Z6SlhXaEQxZ29JVTZQYTRZUGVtUlo0b0NQdXQ0eDlVeUxfSWRPeUh2MWNRZjdZNDhhRDR1a0VVd3c?oc=5) · Mainebiz
- 2011-03-22 [Louis Tardif Obituary - Waterville, ME - Dignity Memorial](https://news.google.com/rss/articles/CBMigwFBVV95cUxQNS1iWmRXaXZiRUtCX0UyZk9BYUMzYzlXVWg0SWx6d0ctR3ZaZ2s4VXh5SDJCMnFORE5RRDdITHV4Ti01MmFHODNBdHFTLWc0S0NDOXFmVkRCNDMtS28xMFkxM01uY3RkNXBZVW52bE1QVEM4aHpFTVNPNXZPOWpVcUpnNA?oc=5) · Dignity Memorial
- 2015-08-20 [Brandon Dudley Recovering After Horrific Motocross Accident Leaves Him Partially Paralyzed...How You Can Help [Video] - 92 Moose](https://news.google.com/rss/articles/CBMizgFBVV95cUxQZmo3cEpyLW5kTjJCZFJJSWkwdzNGc1BFWWJ3R0VtX3hTTlJDYVZmMGs1R2FLTHg3MWdBZ1l0OUMwSXVUU0lwTUUyYW1vT3dJMkluSEhzaGplWmpRbUExTmVYTG9LWGI4Zl9KMmo0VnNaRU9NWGg1aXJfMk9pejZIdjBXdFk1bE92RkxDVzM2b0d6YzJLQnM4QWxnQ29pOGRUUnVDZjlPYkNaT3BNVTQ2UzdpbE5ZeGJjb3pxandhZkFrazFBaVpmNnM3T2dJZw?oc=5) · 92 Moose
- 2016-02-27 [Lawrence Ronan Obituary (2016) - Waterville, ME - Central Maine - legacy.com](https://news.google.com/rss/articles/CBMiowFBVV95cUxNamxIWlJIblE4QWVOSllNYWpTVHU5MDRVWVFLd042NlpMMUJUS3RycWxwMkRrdXNTNzdjdE52dVpOU2xXX2NLdnN0c0VWemhCdUtFMEJDaFRYbmdBT2VoeC1pbEExV05uNC1ZSkE4cHB5cDRBbFdjRkJZal9paFRRVkFqb2JkeFEwWWVZUDRJSTR2YlpLRWp4SGI3MHBwdnBkR2lV?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9009 (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/49.json (key "9009", 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=9009
- 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