# HORNELL ERIE
HORNELL, NY · NCUA charter 9543 · asset band <$50M · latest filing 2018-06 · stopped filing after 2018-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/hornell-erie-9543

Who the members are: federal charter, multiple common bond, organized 1954, low-income designated. 893 members of 946 potential (94.4% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 36.

**Verdict on the desk:** this could be *ordinary*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $4.4M |
| Members | 893 (-16.1% YoY) |
| Full-time staff | 2 |
| Net worth | $485,495 |
| Net worth ratio | 10.9% (p36 of band) |
| ROA (annualized) | -0.61% (p11 of band) |
| Total delinquency | 2.88% (p85 of band) |
| Net charge-offs (annualized) | 0.00% (p25 of band) |
| Loans / shares | 65% (p62 of band) |
| Cash / assets | 2.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.98% (p44 of band) |
| Operating expense / assets | 4.00% (p67 of band) |
| Vehicles % of loans | 58% (p55 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 2.91% (p88 of band) |
| Vehicle NCO | 0.00% (p28 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 27% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $4,420 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 36% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $8,022 |
| Loans granted, annualized | $1.3M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | delinquency 2x band |
| 2017-03 | 2 | delinquency 2x band, assets shrinking |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 4 | net worth falling, losing money, members leaving | assets shrinking |
| 2017-12 | 4 |  |  |
| 2018-03 | 3 |  | members leaving |
| 2018-06 | 3 | members leaving | net worth falling |

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

- 2026-06-05 [BIG BOY 4014 IS COMING TO HORNELL ON JUNE 11 - the wellsville sun](https://news.google.com/rss/articles/CBMikAFBVV95cUxOaWhkMFpBaWxITjgzX09fdURWb1o2ZnY4blQyaE5aUElBY0o3MWNUc3BuTVhmVHAtQnpYaEVuTnhzTi1rVFFRbE42ellxZUNnMnlNLXpkOXRzMmp6Sm0tRlMyZnpXYy1RdTNWZ1c3WlVjSGg1clAwV2FIcXdaU2RsVXpjN0xWN1dBYjNXZXZYTHg?oc=5) · the wellsville sun
- 2026-06-18 [Hornell Partners for Growth Announces 2026 Thursdays at the Square Summer Concert Series - Visit New York State](https://news.google.com/rss/articles/CBMixAFBVV95cUxOZVpqT1BSTUNzaVU4WkYxYno3NmRLLXlFeGZuQWpabXp0cmw5ZW5VRkRBQ0lITkc0WTBtdFg1NDVKT1R4dkUzQmFVYVpsVlZnWTZJd3NXellpdnJWUkduamZHdU9IRnNnNHJSX3JzMVR5d3NnVDk4MHVWN3o0OXVDVjEwRUQxMXJwY1dVSVRxZ1doQjM0VEhkaUl3eGRFNkNQVy1YT2tTVXhyZlEtRWs3T00wYlJYaGdlVFpCc1pEdXluVDBa?oc=5) · Visit New York State
- 2024-04-17 [Richard Anthony Argentieri Obituary - Hornell Evening Tribune](https://news.google.com/rss/articles/CBMiY0FVX3lxTE9EUElWbHRVWENzTDFmNXJYZnJoUUNJTDdzcDg4MEhiUEc4T1NWSEpDQ2hmUmlSSVlfT0hPVmV1ckVyNHFSYW9NMkdkV3JxWEFNWVBKVFcta3FiZEl3ak5KQTY2WQ?oc=5) · Hornell Evening Tribune

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9543 (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/7.json (key "9543", 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=9543
- 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