Emerging credit union risk, read from the call report.
FoFiRisk analyzes credit unions’ NCUA call-report data to surface emerging risk themes across the system — portfolio quality, earnings, concentration, liquidity, capital, growth, macro sensitivity, and management efficiency — and reads each signal in peer context, before it reaches the headlines.
Read the latest research →Eight risk themes, read across the system
Every institution-level signal is grouped into one of eight themes, so risk can be compared consistently across peers and asset bands rather than read in isolation.
Portfolio Quality
Delinquency and charge-off trends, migration across loan categories, and early deterioration in asset quality.
Earnings Pressure
Net interest margin compression, operating-expense drift, and the durability of return on assets.
Concentration Risk
Loan and member concentration, single-sector exposure, and the build-up of correlated risk.
Liquidity Pressure
Funding mix, loan-to-share dynamics, and the resilience of liquidity under stress.
Capital Absorption
Net-worth trajectory, the cushion above regulatory minimums, and capacity to absorb loss.
Growth Stress
Balance-sheet expansion outpacing earnings or capital, and the risk that accompanies aggressive growth.
Macro Sensitivity
Exposure to local unemployment, home-price movement, and regional economic divergence.
Management Efficiency
Cost discipline, productivity trends, and operational signals that precede financial strain.
Recent notes
Evidence-led notes on emerging credit union risk themes, based on NCUA call-report data, peer context, and forward-looking early-warning signals.
Where Growth Is Outrunning Credit Discipline in Smaller Credit Unions
An early-warning read on the $100M–$250M asset band, three to four quarters out, as of the Q4 2025 call report.
Read note →Where Funding Strain Is Building in Mid Sized Credit Unions
An early-warning read on the $250M–$500M asset band, three to four quarters out, as of the Q4 2025 call report.
Read note →Where Funding Strain Is Building in Larger Community Credit Unions
An early-warning read on the $500M–$1B asset band, three to four quarters out, as of the Q4 2025 call report.
Read note →Built on NCUA filings, read with discipline
FoFiRisk works exclusively from data every credit union already files with the NCUA. The value is not access — it is structure, peer context, and the discipline to say how far each signal can be trusted.
NCUA data only
Every figure is derived from publicly available NCUA 5300 call-report filings. No private, proprietary, or member-level data is used.
Read in peer context
Signals are normalized against asset-band and peer-group context, so an institution is measured against comparable peers — not in isolation.
Organized by theme
Institution-level metrics are grouped into eight risk themes, making patterns comparable across thousands of institutions.
Validated and caveated
Each published signal carries an explicit confidence level and is labeled for how strong a claim it can support.
Transparent by default
Method and limitations are stated alongside findings, so readers can judge the evidence for themselves.
Research access and inquiries
For research access, data questions, or institutional inquiries, send a note. We respond to every credible request from credit unions, leagues, and analysts.