# FORGE
Upper Darby, PA · NCUA charter 9622 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/forge-9622

Who the members are: federal charter, multiple common bond, organized 1954, low-income designated. 4,082 members of 6,000 potential (68.0% of the field); checking penetration 32% (share draft accounts per 100 members); loans per 100 members 54.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $55.0M |
| Members | 4,082 (-0.9% YoY) |
| Full-time staff | 6 |
| Net worth | $11.2M |
| Net worth ratio | 20.4% (p91 of band) |
| ROA (annualized) | 1.72% (p91 of band) |
| Total delinquency | 2.37% (p96 of band) |
| Net charge-offs (annualized) | 2.35% (p98 of band) |
| Loans / shares | 54% (p38 of band) |
| Cash / assets | 51.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.88% (p62 of band) |
| Operating expense / assets | 2.82% (p25 of band) |
| Vehicles % of loans | 20% (p15 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 3.45% (p97 of band) |
| Vehicle NCO | 7.41% (p99 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 55% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 21% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 42% |
| Certificates % of member funds | 38% |
| Average share balance | $7,346 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 54% |
| Loans granted per 100 members, annualized | 54% |
| Average loan balance | $10,715 |
| Loans granted, annualized | $5.9M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)

## Warning timeline

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

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

- 2026-04-28 [Trumark Credit Union and Partners to Host Free Food Distribution in Fort Washington on Wednesday - MONTCO.Today](https://news.google.com/rss/articles/CBMifkFVX3lxTE1iSDJFaHZ1M1U3dU5ScGVOZTJTVk5NS1gxMUJIMjN6ekJScG8wc19YbS1mZU9aTXExSzF6bFdhT3RMMnZqQU8wcF9VU3VyRGRmT2UybS1kbHZSNVo5bUFiR3JDYVJEUVllbVFibS1YQ2oyY1R5TnI4enNHeXNkQQ?oc=5) · MONTCO.Today
- 2026-02-23 [Leonard L. Wastack Obituary (2026) - Somerville, NJ - Cusick Funeral Home - Somerville - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxQWmVITDhUQkhlOWhyV2ZTTE1PdTF6eHY0QlJLUUdWQlN4REtOQ2ItZld6NldJMGJJS0JjdUhjS2ZQUHdRWE1YNmlOeDh5UTFRSXZIa1cxZUU4SDBlMEk4ZTl2MEh1UndhLUg1amNMcEZxanJ0RUpXTFE2X2hXNWhiZ3hBdUg?oc=5) · legacy.com
- 2020-01-31 [Brittany Baker - PA Business Central | Marcellus Business Central | Women in Business - Pennsylvania Business Central](https://news.google.com/rss/articles/CBMiakFVX3lxTE4tSjZXOUNfOG1aNi1aWEtIbl9vODdfU3VxSjFVdUZTUW5RZmUzSVZLMk5BVmRNUDU0bTUtaDRVM01PRFdJcF9mZ0xkU2pHQTc2YVhIbEJReFRVT3pjY1pEU2oxTHluX3loWnc?oc=5) · Pennsylvania Business Central
- 2025-06-16 [Stanley Winston Crouse - - Times Observer](https://news.google.com/rss/articles/CBMifEFVX3lxTFB1ZjcxTnB6bTlyUnVtUi15cl9vaElrVzVHRVJGalJSZkN2TFcxaWxJZHhNUXoySVZ5OEp0WXFBb292SkRza21HSG9PN3Y2OTlaSzMyZlFJeGgyUkZUSFFwbE01WDlkZ3pKS0dXYjEyZU9BZ0ZoakVOdFRtMlA?oc=5) · Times Observer
- 2024-06-02 [Margo Batdorf Obituary - King Of Prussia, PA - pottsmerc.com](https://news.google.com/rss/articles/CBMif0FVX3lxTE1ROTBCVzFkdHZ0b1dkNzhsUDhYSS1scm1sRkljUkRvU1pKZHJIR19NQVpJNC1ERUZHemwzUVdBZGlkVG5jZUxjbzRIMW1jRHRlY0ZIeVMzc1dsS1NMMVFVUEw1alZJVkZQc08tQ0dZdHJTTFVVNWJETi14WGRQbTQ?oc=5) · pottsmerc.com
- 2020-09-21 [The ‘Best Places to Work’ in Pa.: Is your company on the list? - PennLive.com](https://news.google.com/rss/articles/CBMirgFBVV95cUxOZmhmalFEa2VIbmhTNnBkQ1gwd1BvZGxya09vQ0ZXMXJyRmwycUNnaGZDZkVtaG5SVzFhODNka0cyYXFscUN4dF9QVmdMb3Z3RzFXM0FQbXd4cXJwZ2JNYUhpZ0dlX0RKcjgyTkE3TFJpZ0c1RlVjYUNDdFV0elZRMEdqVWpBRHBkVUxLX2RTNFlvQ1lQWlR6WmVfXzVSakhEUTR1UUF4ek9NSnI4dWfSAcIBQVVfeXFMTnJ3cXduS1dZQU52WHVCbUgwcml0U1RTTTlydkhZR2hVejBDX1ltVVR6ZnJsTHFJZGxjSGZ6UHJoQTdlUzhOaVY0NDMxcjlDR0R6SWZRbGgtbHprVW52bWVSRU9NYVJjVkpIY3hkUG1DQ01CVlhZQy10eHoxcDZXV2ppejRaR2JycGNsSk45czFOUkRSM0hGeWRqVXVmRWZSSDd5LU1aWHVLY192VVQ1clB0X2E5TVNLdnhrN2NBS280YlE?oc=5) · PennLive.com
- 2017-04-04 [Herbert J. Mclaughlin Obituary Apr 4, 2017 - newcomerdayton.com](https://news.google.com/rss/articles/CBMibEFVX3lxTE1zbXgyWU9Sc3kzSzRwZGFpRFliaEZMYW1qMmhUTmFObW1MMlJZck1oNy1zUWYwQnFCeGQzQ2EwNWVBTmxRTENxalpmay1Cb2VYTVN0U0tyY283elNTT0NCWVhHeFk2WnE2RGw1ZQ?oc=5) · newcomerdayton.com
- 2024-06-08 [Netflix Series Starring Comedian Shane Gillis Filmed in West Chester - VISTA.Today](https://news.google.com/rss/articles/CBMiZkFVX3lxTFBuZklJTDh3U2NSU3M4Z21HTlVQVUFnT1pDRnpSTDlodlFjaWwxWHRFVjExSUQzdWRoam9GR0VvdjhFVWhmLUxHTHZuUGFjZlNwbGdQX2duUTZuUGdhN1Z1ajU4T2dkQQ?oc=5) · VISTA.Today

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9622 (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/22.json (key "9622", 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=9622
- 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