# VACATIONLAND
Sandusky, OH · NCUA charter 11293 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/vacationland-11293

Who the members are: federal charter, community charter, organized 1956, low-income designated. 20,598 members of 552,600 potential (3.7% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 50.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $328.1M |
| Members | 20,598 (-0.9% YoY) |
| Full-time staff | 72 |
| Net worth | $41.3M |
| Net worth ratio | 12.6% (p68 of band) |
| ROA (annualized) | 0.57% (p40 of band) |
| Total delinquency | 0.90% (p73 of band) |
| Net charge-offs (annualized) | 0.45% (p56 of band) |
| Loans / shares | 64% (p29 of band) |
| Cash / assets | 14.2% |
| Borrowings / assets | 1.85% |
| Net interest margin | 3.57% (p51 of band) |
| Operating expense / assets | 3.64% (p47 of band) |
| Vehicles % of loans | 35% (p53 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 76% |
| Third-party paper % of net worth | 138% (p69 of band) |
| Vehicle delinquency | 1.22% (p82 of band) |
| Vehicle NCO | 1.04% (p71 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 28% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 85% |
| Core shares % of member funds | 61% |
| Certificates % of member funds | 23% |
| Average share balance | $6,022 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $551,750 |
| Loans outstanding per 100 members | 50% |
| Loans granted per 100 members, annualized | 23% |
| Average loan balance | $17,716 |
| Loans granted, annualized | $60.9M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $551,750 outstanding purchased (1.3% of net worth), $3.9M sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 6.2% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | leaning on borrowings, 3rd-party paper>100% NW |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 4 | net worth falling, delinquency rising |  |
| 2017-09 | 2 |  | net worth falling, delinquency rising |
| 2017-12 | 2 |  |  |
| 2018-03 | 3 | delinquency rising |  |
| 2018-06 | 2 |  | delinquency rising |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | delinquency rising |  |
| 2020-03 | 3 | net worth falling | delinquency rising |
| 2020-06 | 4 | margin squeeze |  |
| 2020-09 | 3 |  | net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | net worth falling |  |
| 2021-06 | 2 |  | margin squeeze, net worth falling |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | delinquency rising |  |
| 2022-06 | 2 |  | delinquency rising |
| 2022-09 | 2 |  |  |
| 2022-12 | 3 | assets shrinking |  |
| 2023-03 | 3 |  |  |
| 2023-06 | 4 | delinquency rising |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 1 |  | leaning on borrowings, assets shrinking, delinquency rising |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | delinquency rising |  |
| 2025-06 | 1 |  | delinquency rising |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | net worth falling |  |

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

- 2023-07-28 [WATCH: Bank robber arrested by Ohio police while exiting through ceiling shaft - KLTV.com](https://news.google.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?oc=5) · KLTV.com
- 2023-07-27 [Suspected bank burglar falls from ceiling into bin in front of police - WNDU](https://news.google.com/rss/articles/CBMilgFBVV95cUxQbS1ENUxWR1pqNXRRREVtNWNwVFpHNXRrVjRJVEJIdUdyVTVETkVQSGY2czFxX3pUbVZTTXpIdHZnUENwWjhneENMRFZxWkhoLXhabGJSTTVnTVNSY2lZRk9WRHBoTHk2MVVzZWFhME1TZjl3UTZqM1hYRmNOczlkTmlQdTV3Z2FxOVIyZ2F3cGN3RGJUTVHSAaoBQVVfeXFMTlNoTHRQeDlSS3BFZE1hWUtERkVjcjB6QWV1T3VBSnpDUHhZUXBEb1lkQ3Zsd3hfUmlxbHQ1RXp3UlhwM081Z3R2VWdXelVHU0QxVWRLcU9RNU04LVU4V3ZKWENxZ2lldDZDdXNlSmdJaU9yY0pzV2NiU0dnSDBJZDlSbVNMd003STBOdW1jRWJTRDd4NUxOUmw3Y01KMjdfOURZQ3F3OXZHOUE?oc=5) · WNDU
- 2025-04-17 [United Way of Erie County launches Ride United Last Mile Delivery service - Morning Journal](https://news.google.com/rss/articles/CBMitwFBVV95cUxQNXh6SXZza2MwMUpsOWYtLTV1QUZEaGdtS0hsd20wVHhzQWdUczdZNTZPWk5UOEM4MFNVMTFSY3hlMzRNaWkxRUdnWEVNeThYVnZSMGVzUklLN2F3cXlVdU1LNWN6d09fOUJyWGFPUDA2YTJ3U2tDb29SRUlsdzNLeVhZWkMxSmR4dnR4azhFNkN1MG5BeC1aQkdRbU9VRW1hT2RXZzlpUTRheGlWdVVEaXdiazRPYms?oc=5) · Morning Journal
- 2025-08-05 [Sandusky hosting Tommy Boy Fest Aug. 7-9 - Cleveland 19 News](https://news.google.com/rss/articles/CBMihgFBVV95cUxOY1c3dWExRVd2SGtNLUN3d0o0c24yTFp6YnU3LS1fRDdRWEdiV21tRHE1Z0pBdHItTlZwcVllNWMxOWFmcldHS0xTdXhHQjVPU3RQVzJaeU1Ia3BpWXRoUldzdEpBMEwzbFl1dDVFQ3V1Ulk4Rk96OXdPRmVwcThueWszbVpmZw?oc=5) · Cleveland 19 News
- 2025-07-04 [Support school supply drive - Norwalk Reflector](https://news.google.com/rss/articles/CBMieEFVX3lxTFBER3VNQk80V0RHeWtwMWdZeUVnZDRnNWYwQXRtbWZ0VWFJMFdXTDliMVNkdlFmd3QySGgtX25ObVBhU295M1FfMUc2b04yQjh1Z1lXWHhjdFdPbkw5TzdELUYyTXQxUmlsakNfWFVWUFl6V0dNNHFoSA?oc=5) · Norwalk Reflector
- 2005-04-13 [Kelley Diane Looks Obituary Apr 13, 2005 - riddlefuneralhome.com](https://news.google.com/rss/articles/CBMiaEFVX3lxTE5vZjJBVWp6VU1wZ00yLTFrUTRucXAya2l6X24zbm9qVGpqVlVQaXFOREw4cXZNLUdpZ2hHRVVKWGxKdnZtalpkemFLR1Q1X0xCNjBibnFKY0M1eFN5Y3BuVFE1YlBZLWZt?oc=5) · riddlefuneralhome.com
- 2023-07-30 [Bodycam: Suspected bank burglar drops from drive-thru ceiling into recycle bin - Law and Crime News](https://news.google.com/rss/articles/CBMirAFBVV95cUxPLUdrOTNRcTVOTnZFYnFvU0JCZWVFQnppQnlhbEc5YWZWc3MzdWN3aUVlSTdVUkxMQW1VZkFncjYzdUJZcUtJRkh6WHBBb3hjaVMzMkFuTWNpUllQUTR5WktYOG5DelJOaUNzYzYyLWRSUTRjUzhtMGZSZUpxT1V0Y3NPUnRzUHdQMkxERG9ZRzhhNWQtZC1hM1E1LVJ0SkhmYmpDMGZLRG9rZ3Jp0gGyAUFVX3lxTFBIVHNCR3BmMmVYWmd5NlhFTmtZeXZMUGRFZFJhZ2w1VlY0dFlVQnE2ZGUwTnpVNGctX2lUdkpGMnIwdXNrOW4zNXZNdU92ZjI5aXdzRFlNZnNIVGM5dzJzQ1B1b2FWMjNoMjBNVTdzTmZ0eks2M2dGazRSenk0LUJIbVlEcHZWM1VkdnlOcFRQczZiWHlWeVJ4QW9mU1pzRjJoTnVCSUtlS1NzeEItZk1nVlE?oc=5) · Law and Crime News
- 2023-07-30 [Tristan Heidl: Ohio bank robber, 27, arrested after he falls into recycling bin during botched escape - meaww.com](https://news.google.com/rss/articles/CBMizAFBVV95cUxQbExGM1V6OXVoLVktZmxnTmdFVUo2NXJDSVUtZXFXakF6UDdfS3R5Z3VKUEtDUGpWcUJacmZISVREY3gzT3duVkVSZ3ZTczBoLXRxTUt5QV8zRkdKLVI1bWRTenFVM1NoREl0dVNhZzlqdUVnVTFYSmduSkx4RVhQRXYzUElaUHFVYVRMbmVYZEJKR3hRaTJ2UDQyNkVGX0pzcmk2T09qOHlXQWxLZFNfTXhqRDd1bVBYNXlLZUZzQi1TZG9INUtWVDh1YkI?oc=5) · meaww.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=11293 (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/29.json (key "11293", 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=11293
- 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